Are you looking for the best investment platforms? They are a very important part of your investment plan and you have to find a very safe one if you want to invest safely. It doesn’t matter if you invest in trustworthy companies when you do not use a trustworthy platform, so you have to know them.

To help you in this task, which might be more difficult than it looks, we will review a company called Coinome today.

What is Coinome?

Coinome is an Indian online trading platform that deals mostly with cryptocurrency. Founded by Billdesk, a giant payment services brand in India, recently, this platform is one of the newest platforms of this type in the country and has already gained some attention.

You can also find plenty of information on the website of the company and follow the main trades and markets that might interest you, so you can be well informed before investing your cryptocurrency.

The objective of the platform, that is based in Mumbai, is to offer quick exchanges for Indian users. Using Coinome, you can change BTC for INR, for example.

How Does Coinome Work?

The platform works just like any other platform of its type. You create an account, transfer fiat money of cryptocurrency to the new account and exchange it.

The company plans to support 20 different types of cryptocurrencies in about one year, so there is plenty of space to grow. Unfortunately, at this moment, you still can only trade BTC and INR, but that is probably going to change soon.

How to Invest Using the Coinome?

To invest using this company, you will have to create an account first. Unfortunately, creating an account is not as easy as it is with some companies. You will need an Indian phone number, a valid email and an aadhar number. If you are not Indian nor live in the country, you should find another site to exchange your cryptocurrency for Rupees.

At this moment, you can only change Bitcoin and Rupees in the Coinome site, but that is going to change soon. Ethereum and Litecoin are going to be some of the first other cryptocurrencies to be used in Coinome.

If you have any doubt about how the site works, you can always contact Coinome’s support service.

The Coinome Verdict

Is this the company for you? First, you have to know that you should be Indian or at least live in the country if you want to use this company, so you can risk it off your list if you do not fit this criteria.

There is no red flag linked to Coinome and Billdesk is a very respected company in India, so if you plan to use Coinome, you can be assured that this is a safe platform and not a scam of any kind.

Coinome can be a very good choice for Indians, but probably more in the future than right now. You can only change Bitcoin at this moment in the company, so it offers a pretty limited service for now. You should visit Coinome again in a few months and check the updates to see if the company interests you.

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14 COMMENTS

  1. I deposited Rs10000 online in COINOME by bank transfer, to further invest through this exchange, But even after completing so many formalities, COINOME has not credited back my amount till date and time, for the past seven days. I have written number of emails to [email protected] but its of no avail. They even have no curtsey to acknowledge your emails. I think its a scam company, who has no customer care number even to know/enquire the status of your money.Beware.

  2. NOT GOOD NOT GOOD …..Its all hype and hoopla…Fancy stuff…No entity is genuine. What I mean is bit coins were made essentially to be traded like an instant currency. Here it takes days for the BTC to travel from 1 exchange to another. When it comes to withdrawl, nope its not instant. You are left at the mercy of the miners, who work only for fat commissions and WILL NOT process your BTC if it has a low commission. Happened to me and many like me while withdrawing from Hashflare.io. It took 10 days for the BTC to travel from hashflare to coinome. Now withdraw from Coinome (Indian bank accounts).SORRY !! they would take another 7 – 10 days for KYC and bank verifications. Now after this long when all sorted out . I do not see the fiat currency (INR) showing up in my available balance. So in short…not genuine as it DEFEATS the PURPOSE of why BTC were made->” Instantaneous currency transfer”..Sorry not happening here.

  3. Coinome seems a fraud venture of billDesk and haito inn. pvt ltd. to cheat indian people in name of Bitcoin trading?
    it will not allow you to withdraw ur money back into ur bank account !
    experience of many customers!
    Beware of this site!

  4. coinome sucks for their verfication. It irritates the people also their withdraw take much more time. they need to fix these issue , right now , new users also cannot signup.

  5. Coinome support is Pathetic. Forget about issue resolution – They don’t even bother to respond when will the issue be resolved.

    The only way forward seems to be is to reach out to CEO (Vivek Steve Francis) on Linkedin.

  6. Don’t..Don’t.. use coinome site, i have deposited the Rs.40,000/- using Billdesk payment gateway by UPI method. The amount got deducted from bank and it’s not reflecting in coinome account. And worst part is they have support chat application, which automated interaction. There are no real person interacting and trying to solve the problems. In the website they have mentioned in case of any issue in depositing they take 7 days for resolving issue.

    This is worst site for tradings.. don’t use it… there are other best sites for crypto trading in India, example Koinex, coindelta these are good for trading…

  7. I had deposited INR 40,000/ on 24 Jan 18 through payment gateway for Coinome exchange. This is not credited to my balance. I was advised to wait for 3 to 5 working days. So far the amount is not credited to my balance nor it has come back to my bank account.

    I have been following this up with chat and support tickets, but to no avail. The problem still remains.

    I have attached the documents for easy reference. Have written to Mr. Vasu for solving this. The sup port center writes that the problem is solved, but its still pending. The deposit history shows this as pending.

    Really frustrating.

  8. Coinome is true Shit its been 12 days and my money is not credited in coinome, my deposit is not reflecting. Do not use coinome.

    • Hi Ameen, Did you get your amount back. I am also facing the same issue – deposited 2L yesterday. It says “pending” and amount got debit from my bank. yet it’s not credited in my coinome INR wallet. 😐

  9. after seeing all those comments all i can say most of those comments are Untrue and probably posted by other exchanges…

    Coinome is The Best Crypto Exchange in India and it is the only exchange that provides Instant Fiat Withdrawal and one has to hardly contact support as the exchange runs very smoothly

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