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There’s a crypto exchange called INRTOKEN Exchange that pops up in a few obscure places online. You might find it listed on CoinMarketCap with a launch date of March 2020. But if you’re thinking about using it to trade Bitcoin, Ethereum, or even Indian Rupee-backed tokens, stop. This isn’t just another small exchange. It’s a ghost.
No one talks about it - and that’s the biggest red flag
Look at any serious list of crypto exchanges in India from 2025. Koinly, CoinLedger, Mudrex, CoinBureau - they all review dozens of platforms. They compare fees, security, mobile apps, UPI deposits, and regulatory status. Not one mentions INRTOKEN Exchange. Not once. Not even as a footnote. Meanwhile, WazirX, CoinDCX, ZebPay, and CoinSwitch are constantly referenced. They’re in Reddit threads, Trustpilot reviews, YouTube comparisons, and tax software guides. INRTOKEN? Nothing. Zero. Zilch. If a crypto exchange has no user reviews, no expert analysis, and no community buzz, it’s not because it’s hidden. It’s because it doesn’t exist in any meaningful way.No transparency. No proof. No security
Top exchanges don’t just say they’re secure - they prove it. CoinDCX publishes proof-of-reserves reports. ZebPay shows insurance coverage for user funds. Kraken and Binance list their security audits and multi-sig wallet setups. INRTOKEN Exchange? CoinMarketCap lists its financial reserves as “--”. That’s not a typo. That’s silence. No one knows how much money is actually in its wallets. No one knows if it’s even solvent. And there’s zero public info about its security systems. No two-factor authentication details. No cold storage policy. No response to past hacks. Compare that to WazirX, which still has 6 million users even after losing $230 million in 2024 - because at least they told users what happened and tried to fix it. INRTOKEN doesn’t even acknowledge a problem exists.No trading features. No app. No support
What can you trade on INRTOKEN? No one says. How many coins? Unknown. What are the fees? Not listed. Can you deposit INR via UPI? No documentation. Is there a mobile app? No mention. Do they have customer support? No email, no chat, no help center. Meanwhile, every major Indian exchange makes this stuff easy to find. ZebPay has a step-by-step UPI guide. CoinSwitch shows you how to buy crypto with your bank account. Mudrex updates its app every month. INRTOKEN’s website - if you can even find it - looks like it was built in 2019 and never touched since.
No regulatory presence. No compliance
In India, all legal crypto exchanges must follow strict rules: KYC, GST registration, 1% TDS on trades, and reporting to tax authorities. CoinDCX, ZebPay, and WazirX all comply. They’re listed in official RBI reports. Their names appear in SEBI and Ministry of Corporate Affairs records. INRTOKEN Exchange? Not a single filing. No tax registration. No KYC policy published. No mention in the Reserve Bank of India’s October 2025 crypto market report, which tracked $28.7 billion in quarterly trading across just nine registered exchanges. INRTOKEN isn’t just unlisted - it’s invisible to regulators. That’s not a small oversight. It’s a dealbreaker. If an exchange isn’t registered, it’s not legal. And if it’s not legal, your money has zero protection.No user activity. No community
Check Reddit’s r/CryptoIndia - 147,000 members. Search for “INRTOKEN”. Nothing. Look at Trustpilot. No reviews. Twitter? No hashtags. Telegram groups? No INRTOKEN channels. Even the token named “2025 TOKEN” (2025) that trades against INR has nothing to do with this exchange - it’s just a random coin with a similar name. Compare that to CoinDCX, which has over 890 Trustpilot reviews and a 4.2-star rating. Or WazirX, which still gets over 1,200 Reddit posts a month, even after its big hack. People are talking about those platforms - because they’re using them. No one’s talking about INRTOKEN because no one’s trading on it.
Why does this even exist?
Some crypto exchanges are built to help people trade. Others are built to collect money and vanish. INRTOKEN fits the second category. It has a CoinMarketCap listing - easy to get for a small fee - but no substance. No updates since 2020. No team members named. No social media. No press releases. No roadmap. No future. It’s a placeholder. A ghost listing. A trap for people who don’t know better. You might find a link on a shady blog or a spammy YouTube ad promising “high returns” or “exclusive access.” Don’t fall for it. If it sounds too good to be true, and no one else has heard of it - it’s a scam waiting to happen.What should you use instead?
If you’re in India and want to trade crypto safely, stick to the platforms everyone else uses:- CoinDCX - Best for security, insurance, and ease of use
- WazirX - Largest user base, UPI support, even after past issues
- ZebPay - Best mobile app, simple interface, reliable support
- CoinSwitch - Aggregates prices across exchanges, great for beginners
Final warning
Putting money into INRTOKEN Exchange isn’t a risky investment. It’s a guaranteed loss. Your funds won’t just sit idle - they could disappear without a trace. No refund. No recourse. No legal protection. And you won’t even be able to prove you had an account. The crypto market is volatile enough. You don’t need to add unnecessary danger by using an exchange that doesn’t exist in the real world. Skip INRTOKEN. Stick to the platforms that are visible, accountable, and trusted by millions.Is INRTOKEN Exchange a legitimate crypto exchange?
No. INRTOKEN Exchange has no verifiable presence in any credible source. It’s not listed in Indian regulatory databases, has no user reviews, no security disclosures, no mobile app, and no community activity. Its CoinMarketCap listing is the only trace of it - and that’s not proof of legitimacy.
Can I deposit INR into INRTOKEN Exchange?
There is no official information about deposit methods. Unlike verified Indian exchanges like ZebPay or CoinSwitch that support UPI, bank transfers, and NEFT, INRTOKEN provides no details on how to fund your account - which strongly suggests it doesn’t support real-money deposits at all.
Why isn’t INRTOKEN Exchange on CoinBureau or Koinly’s lists?
Because it doesn’t meet even the lowest standards for inclusion. These platforms review exchanges based on security, transparency, user base, and regulatory compliance. INRTOKEN has none of these. It’s not an oversight - it’s an exclusion by design.
Is the 2025 TOKEN coin related to INRTOKEN Exchange?
No. The token named 2025 TOKEN (2025) is a separate cryptocurrency trading on other exchanges. It has no connection to INRTOKEN Exchange. This is a common tactic used by fake platforms to confuse users by using similar names.
What should I do if I already deposited money into INRTOKEN Exchange?
Stop using it immediately. Do not deposit more. Try to withdraw your funds - but don’t expect a response. There is no customer support, no legal recourse, and no regulatory body to help you. Treat any funds you’ve sent as lost. In the future, only use exchanges with verified track records, public audits, and active user communities.
Are there any Indian crypto exchanges I can trust in 2025?
Yes. CoinDCX, WazirX, ZebPay, and CoinSwitch are the most trusted. They all comply with Indian tax laws, offer UPI deposits, have mobile apps, publish security reports, and have large, active user bases. Stick to these - they’re the only ones that matter.
Ryan Hansen
November 17, 2025 AT 08:09 AMMan, I’ve seen so many of these ghost exchanges pop up over the years - it’s like a crypto version of those abandoned shopping malls in the Midwest. No team, no updates, no socials, just a CoinMarketCap listing bought for $50 and left to rot. The fact that it’s still floating around in spammy YouTube ads is wild. People are still falling for this stuff? I mean, if you can’t find a single Reddit thread or Trustpilot review about a platform that claims to handle your life savings… that’s not a red flag. That’s a whole damn fireworks display.
Grace Craig
November 18, 2025 AT 23:43 PMOne is compelled to observe, with a certain degree of scholarly dismay, the spectral persistence of INRTOKEN Exchange - a digital phantom that haunts the peripheries of crypto discourse, its very existence a testament to the alarming commodification of obscurity. The absence of regulatory filigree, the vacuum of transparency, and the chilling silence from all credible analytical apparatuses render it not merely non-viable, but ontologically inert. One might posit that its CoinMarketCap listing is less a credential than a necromantic incantation - summoning the gullible into a ledger of oblivion.
Rebecca Amy
November 19, 2025 AT 23:28 PMlol why even write this much about a site no one uses?
Shanell Nelly
November 20, 2025 AT 07:12 AMSeriously though - if you’re in India and thinking about trying something new, just stick with CoinDCX or ZebPay. They’ve got apps, customer service, UPI deposits, and real people answering questions. I used to be scared of crypto too, but these platforms made it feel safe. INRTOKEN? No way. If it doesn’t even have a help email, don’t even think about sending money. Your funds won’t just sit there - they’ll vanish like socks in the dryer.
Astor Digital
November 20, 2025 AT 13:03 PMBro, this is why I always tell my cousins back home in Delhi: if it doesn’t have a Telegram group with 5k people arguing about fees, it’s not real. I showed my uncle this INRTOKEN thing and he was ready to send his pension. I had to sit him down with a chai and show him how CoinSwitch works. Dude cried. Not because he lost money - because he realized how close he came to losing it. These ghost platforms prey on trust. Don’t let them.