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Koinex Shutdown | BuyUcoin here to help all Koinex users at fees free migaration, Hey Traders…..Today yet another dream came to an end….A black day for the crypto industry of India. First Zebpay then coindelta & now Koinex Shutdown. Even though we are fierce competitors, BuyUcoin sympathies hoes with Team Koinex , it’s employees and its users. It may be hard for a while but eventually you’re going top find the good in good byes too. Thus keep up the good work and get going. We here at buyucoin understand that all the people associated with Team Koinex must be worried about what will happen now #dontworryindia buyucoin is here to help not only the users of Team Koinex but also its employees. Thus we are waiving off any fees associated with crypto migration from koinex to buyucoin. This means you can safely and easily transfer all your crypto be it bitcoin, ethereum, litecoin, etc to India’s most trusted oldest multi cryptocurrency exchange company without incurring any charges at all. Keep it going. #bharatmangeycrypto #LoveBlockchain It may be hard for a while but eventually you’re going top find the good in good byes too. Thus keep up the good work and get going. Koinex shutdown announcement — Termination of exchange services on medium post, However, this short-lived astronomical growth curve was stalled with the emergence of issues with formal banking channels on which exchange services were deeply dependent on. On April 6, 2018, the Reserve Bank of India issued a circular instructing all regulated financial services entities to exit relationships with companies and individuals dealing in virtual currencies and block all such crypto-related transactions. While the RBI circular, resulting into a complete banking ban, has been challenged in the Supreme Court of India, the status quo since April 2018 continues till today. Click the link below and read the koinex shutdown announcement. https://medium.com/koinex-crunch/koin... Post Shutdown : Details of INR Balances https://medium.com/koinex-crunch/post... And now buyucoin announced on medium BuyUcoin here to help all Koinex users at fees free migaration https://medium.com/buyucoin-talks/koi... Latest news from www.news.bitcoin.com Koinex Exchange Shuts Down Ahead of Crypto Regulation Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms Koinex Shuts Down Indian cryptocurrency exchange Koinex announced its shutdown Thursday. CEO Rahul Raj explained that “After months of uncertainty and disruption, we have regretfully decided to shut down all digital assets exchange services and operations today,” adding: The digital assets trading services will be permanently disabled on all our platforms at 2:00 PM IST on Thursday, June 27, 2019. All open orders after this deadline will be automatically cancelled and the funds will be returned to corresponding wallets. Koinex Exchange Shuts Down Ahead of Crypto Regulation https://news.bitcoin.com/koinex-excha...