What is Koinpark
Koinpark launched in 2023. It brands itself as a global crypto exchange with deep roots in INR markets. The platform supports over 200 crypto pairs - BTC, ETH, USDT, XRP, DOGE and more - alongside local INR trading, fiat on-ramp through UPI/IMPS/NEFT, margin trading, launchpad and OTC options. It also includes desktop and mobile apps.
Liquidity and Volume
Volume is real and notable. Koinpark reports over $63 million in 24-hour trades, with top pairs like USDG/INR at $17 million, BTC/USDT and BTC/INR around $3.8 million each. Other strong movers include ETH/USDT, ETH/INR, DOGE/USDT and TRX/USDT - all exceeding $1 million daily.
It’s one of the few exchanges in the INR space with genuine scale.
Features and Usability
Koinpark offers a lot:
- INR deposits and withdrawals via multiple Indian payment rails
- Margin and leverage trading for selected pairs
- Launchpad for new token listings
- P2P engine with zero trading fees
- Web, desktop, and mobile clients
- OTC desk and demo practice trading
Its clean layout, trade alerts, tutorials, and referral program make the platform accessible and intuitive for newer users.
Token and Ecosystem
Koinpark introduced ParkCoin (KPK) in mid-2023 through an IEO. Its price floats near $1.20, with around $580k in daily trading volume and a circulating supply of 9 billion. KPK supports staking and liquidity rewards across the Park-chain. Key pairs include KPK/INR.
Security, Transparency, and Trust
Security remains a question mark. The exchange scores low on independent security audits - no public reports, no bug bounties, and no proof-of-reserves. That weakens user trust.
User feedback is mixed. Some traders highlight demo trading and mobile app features. Others criticize delayed withdrawals and poor customer service. App reviews vary sharply, from one-star rants to five-star praise.
Site traffic stays modest - about 1,300 monthly visitors and short session lengths. That suggests it's still in early growth phase, not yet attracting mass adoption.
Pros and Cons
- Pros:
- Real volume on INR and crypto pairs
- Multiple trading options including margin, OTC, and launchpad
- Clean UI across desktop and mobile
- Integrated token economy with staking and rewards
- INR on-ramp via Indian banking system
- Cons:
- No audit, proof-of-reserves, or transparency measures
- Mixed user feedback, especially around support
- Low visibility outside Indian market
- Security ratings are weak
- Still building out community and trust
Who it’s for
Koinpark targets Indian traders seeking flexible INR-crypto access with margin, spot, and OTC in one place. It’s appealing to users who value utility over polish - and can accept the risks.
It’s not ideal for conservative investors or institutions. If you demand full transparency, global liquidity, and ironclad support, it’s better to wait or look elsewhere.
Final Verdict
Koinpark brings serious INR trading power to the Indian crypto market. Its broad feature set - fiat gateway, launchpad, staking, margin - covers everything most users want in a centralized exchange.
But the foundation isn’t finished. With no proof-of-reserves and mixed public sentiment, there’s a gap between ambition and trust. Until those gaps close, Koinpark will stay regional and speculative.
Still, if you’re a risk-aware Indian trader who wants tools and liquidity, this exchange has real potential. Just don’t skip the caution.