Ranked in 1 of 16 countries · Exchange
Mudrex Review (October 2026): Fees, Licences and Where It Works
By Vahe Hakobyan No affiliate links
- Taker fee— Not verified
- Maker fee— Not verified
- Coins650
- CustodyCustodial
- Founded2018
- HeadquartersBengaluru, India
Our verdict
Mudrex is an Indian crypto platform that lets users buy more than 650 cryptocurrencies with UPI, trade INR-margined futures and use coin sets. It reports over 30 lakh users, holds ISO/IEC 27001:2022 and SOC 2 Type 2 certifications and provides tax statements that work with Indian tax-filing services.
Pros
- 650+ coins bought directly with UPI
- INR-margined futures
- SOC 2 Type 2 and ISO 27001 certified
Cons
- Fee schedule not readable without a browser session
- No proof-of-reserves report found
Where Mudrex works
| Country | Status | Rank | Local licence |
|---|---|---|---|
| India | Available | #4 of 16 | FIU-IND registered VDA service provider (reporting entity under PMLA) |
How secure is Mudrex?
- Proof of reserves
- — Not verified
- Custody
- Custodial
Crypto held on a platform is generally not covered by deposit insurance.
Mudrex FAQ
Where is Mudrex available?
Among the countries we cover it accepts residents of India.
Is Mudrex regulated?
India: FIU-IND registered VDA service provider (reporting entity under PMLA).
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.