Mudrex Review 2026: Indian Crypto Exchange Fees, Safety and Coin Sets
VerifiedMudrex is an Indian crypto exchange with spot, futures, coin sets and SIP. It is FIU-IND registered and supports UPI funding.
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This Mudrex review covers the exchange's products, fees, and limits for Indian crypto users. Mudrex is listed in our directory of AI finance and trading tools, though it is a trading platform rather than an AI model. Our rating is 4.0/5, with ease of use at 4.3/5.
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Quick Summary
Overall Rating 4.0/5 Best For Mudrex targets Indian users who want INR-based crypto access with local KYC and UPI funding. Pricing No subscription; spot fees 0.45% to 0.12%, futures 0.02% to 0.05% by volume Free Plan No subscription; you pay trading fees Ease of Use 4.3/5
What Is Mudrex?
Mudrex is an Indian crypto exchange and investing app based in Bengaluru, operated by Mudrex Inc. It offers spot trading of 650+ cryptocurrencies, futures, Coin Sets, Crypto SIP, Web3 tokens, tokenized US stocks, and commodity perpetuals. Funding works through INR deposits via UPI or bank transfer after quick KYC. Mudrex describes itself as India's leading crypto platform to buy, sell and trade Bitcoin and 650+ assets, and says over 30 lakh Indians use it. For a different exchange model, see our Binance review.
Who Uses Mudrex Crypto Exchange
Mudrex targets Indian users who want INR-based crypto access with local KYC and UPI funding. It serves beginners, long-term investors, active futures traders, and users interested in tokenized stocks or commodity perpetuals.
- Indian Beginners They buy their first Bitcoin with INR via UPI after quick KYC and bank linking. The app is available on iOS, Android, and web.
- Long-Term Investors They use Crypto SIP for recurring investing and Coin Sets for theme baskets with auto rebalancing. Custom sets allow their own allocation.
- Active Futures Traders They take long or short positions in INR or USDT futures with trade ideas. Futures fees range from 0.02% maker to 0.05% depending on volume tier.
- Stocks And Commodities They access tokenized US stocks or commodity perpetuals on gold, silver, and crude oil. Commodity perpetuals trade 24/7 with no expiry and up to 50x leverage.
Mudrex Features
Spot Trading 650+ Coins
Mudrex offers spot trading of 650+ cryptos with coin insights. Spot fees fall from 0.45% below Rs 2 lakh 30-day volume to 0.12% above Rs 50 crore. GST and TDS apply under Indian rules.
Trade Mudrex Futures Long or Short
Futures let users take long or short positions in INR or USDT without owning the crypto. Trade ideas include take-profit, stop-loss, and long/short signals. For a bot-focused alternative, see Pionex.
Mudrex Coin Sets
Coin Sets are curated theme baskets such as Crypto Blue Chip 5, BTC 50:ETH 50, and DeFi Tracker. Users can also build custom sets with their own allocation and auto rebalancing.
Automate Recurring Crypto Investments
Crypto SIP allows recurring investing in crypto on a schedule. It suits long-term investors who want regular purchases instead of timing the market. No subscription is needed to trade.
Web3 And Tokenized Stocks
The Web3 section offers 100+ decentralized tokens with an INR-first experience. Mudrex also provides tokenized US stocks and Mudrex Prime.
Commodity Perpetuals And INR Withdrawals
Commodity perpetuals cover gold, silver, and crude oil with 24/7 trading, no expiry, and up to 50x leverage. Users can sell crypto for INR directly to a bank account, and OTC services are available.
Mudrex Fee and Trading Charges
Mudrex spot trading fees start at 0.45% for monthly volumes below Rs 2 lakh and drop to 0.12% above Rs 50 crore. Futures fees range from 0.02% maker to 0.05% depending on volume tier. GST and TDS apply under Indian rules, and perpetual futures carry a funding fee every 8 hours that Mudrex says it does not keep. No subscription is needed to trade.
| Plan | Price | What You Get |
|---|---|---|
| Spot trading | 0.45% to 0.12% | Falls as 30-day volume rises (below Rs 2 lakh to above Rs 50 crore) |
| Futures trading | 0.02% maker to 0.05% | Depends on volume tier |
| Perpetual funding fee | Every 8 hours | Paid between traders; Mudrex says it keeps none of it |
| Taxes | GST and TDS | Apply under Indian rules |
Fees checked on Mudrex fee and Learn pages in November 2026; fees and tax rules can change, so confirm on mudrex.com/fee before you trade.
Strengths and Limitations
- Low Futures FeesFutures trading fees range from 0.02% maker to 0.05% depending on volume tier.
- INR FundingDeposit and withdraw INR via UPI or bank transfer. You can sell crypto directly to your bank account.
- Regulated and SecureMudrex is FIU-IND registered and holds ISO 27001:2022 and SOC 2 Type II certifications. It uses KYC, 2FA, encryption, and round-the-clock monitoring.
- Free ToolsAccess a crypto returns calculator, crypto tax calculator India, fear and greed index, converters, and Mudrex Learn courses at no cost.
- Higher Spot Fees at Low VolumeSpot trading fees are 0.45% for monthly volumes below Rs 2 lakh.
- India-FocusedThe platform is built for Indian users with INR and KYC requirements. It may not suit international traders.
- Leverage RiskFutures and commodity perpetuals offer up to 50x leverage, which carries a high risk of loss. Trade with caution.
- Tax Adds CostIndian crypto tax includes TDS and GST, which adds to your trading costs. Factor these into your returns.
Mudrex Crypto SIP and Other Use Cases
Monthly Bitcoin Investing
Set up a Crypto SIP to invest a fixed amount in Bitcoin each month. For more options, see our list of AI crypto and blockchain tools.
Diversified Baskets
Use Coin Sets like Crypto Blue Chip 5 or DeFi Tracker to hold a themed basket. You can also create custom sets with your own allocation and auto rebalancing.
Hedging with Futures
Take long or short positions in INR or USDT futures without owning the crypto. Trade ideas provide take-profit, stop-loss, and long/short signals.
Cash Out to Bank
Sell crypto for INR directly to your bank account. Withdrawals are processed via UPI or bank transfer after quick KYC.
How to Start on Mudrex
Complete a quick KYC verification.
Link your bank account.
Deposit INR via UPI or bank transfer.
Choose an asset or product to trade.
Place your first trade.
Is Mudrex Worth It?
Mudrex is a solid choice for Indian crypto investors who want INR funding, SIPs, and curated baskets. Its low futures fees and free tools add value, but spot fees are higher at low volume and leverage carries risk. If you are exploring automation, see our guide to AI trading bots.
Mudrex vs CoinDCX and Other Crypto Platforms
Mudrex is an Indian crypto exchange with spot, futures, coin sets, SIP and tokenized stocks. This section compares it with CoinDCX, Pionex and 3Commas on fees, features and target users, including a look at Mudrex vs CoinDCX.
Mudrex vs CoinDCX
Both are Indian crypto exchanges. Mudrex offers coin sets, crypto SIP and tokenized US stocks, while CoinDCX is another major Indian crypto exchange. For a wider view of other crypto and trading platforms, see our comparison.
Mudrex vs Pionex
Mudrex is built for Indian users with INR funding and tax tools. Pionex is a global exchange known for built-in trading bots. Choose Mudrex for India-specific features; choose Pionex for bot automation.
Mudrex vs 3Commas
Mudrex is an exchange where you trade directly. 3Commas is a third-party platform that connects to exchanges via API for automated strategies. Mudrex suits manual trading and SIP; 3Commas suits users who want bots across multiple exchanges.
Frequently Asked Questions
Is Mudrex safe?
It is FIU-IND registered and holds ISO 27001:2022 and SOC 2 Type II certifications. It uses KYC, 2FA, encryption and round-the-clock monitoring, and says assets are kept in insured wallets with secure custody partners.
Is Mudrex legal in India?
Yes, its own FAQ says investing in crypto is allowed in India. Crypto is not legal tender, but trading is regulated and taxed under Indian rules.
What are Mudrex trading fees?
Spot trading fees fall from 0.45% (below Rs 2 lakh 30-day volume) to 0.12% (above Rs 50 crore). Futures fees range from 0.02% maker to 0.05% depending on volume tier, and GST and TDS apply.
Can I use UPI on Mudrex?
Yes, it supports INR deposits and withdrawals via UPI or bank transfer. After quick KYC and linking your bank, you can deposit INR and start trading.
Does Mudrex offer crypto SIP?
Yes, the platform offers Crypto SIP for recurring investing. You can set up automatic purchases of crypto at regular intervals.
Key Takeaways
- Mudrex is an Indian crypto exchange with spot, futures, coin sets and SIP, used by over 30 lakh Indians according to Mudrex.
- Spot fees start at 0.45% for low volume and fall to 0.12% for high volume, with GST and TDS applying.
- It is FIU-IND registered and holds ISO 27001:2022 and SOC 2 Type II certifications.
- For automated strategies and broader portfolio tracking, consider AI personal finance tools alongside the platform.
Mudrex Alternatives
- Pionex is an exchange platform with built-in trading bots for automated strategies.
- Binance is a large global exchange with a mobile app and wide asset selection.
- Bitsgap is a platform offering trading bots across exchanges with API integration.
- Cryptohopper is an automated crypto trading bot platform with template strategies and mobile access.
For more options, see our list of AI finance and trading tools.
Bottom Line: Mudrex suits Indian users who want INR funding, spot and futures trading, coin sets and SIP in one app. Its fees are higher at low volume, and futures and leverage carry high risk. Overall, it is a solid choice for India-based crypto investing with a 4.0/5 rating and 4.3/5 for ease of use.
Last Reviewed: November 2026
Key Features
Spot Trading 650+ Coins
Trade Mudrex Futures Long Or Short
Mudrex Coin Sets
Automate Recurring Crypto Investments
Web3 And Tokenized Stocks
Commodity Perpetuals And Inr Withdrawals
Use Cases
Monthly Bitcoin Investing
Diversified Baskets
Hedging with Futures
Cash Out to Bank
Pros & Cons
Pros
- Low Futures Fees
- INR Funding
- Regulated and Secure
- Free Tools
Cons
- Higher Spot Fees at Low Volume
- India-Focused
- Leverage Risk
- Tax Adds Cost
Quick Answers
Is Mudrex safe to use in India?
Mudrex is FIU-IND registered and holds ISO 27001:2022 and SOC 2 Type II certifications. It uses KYC, 2FA, encryption and round-the-clock monitoring.
What fees does Mudrex charge?
Spot fees range from 0.45% to 0.12% based on 30-day volume. Futures fees range from 0.02% maker to 0.05%, and GST and TDS apply.
Is Mudrex legal in India?
Yes, Mudrex's FAQ says crypto investing is allowed in India. Crypto is not legal tender, but trading is regulated and taxed.
Mudrex
💰 AI Finance & Trading Tools
Pricing Plans
Paid
Check website for details
Spot trading
0.45% to 0.12%Falls as 30-day volume rises (below Rs 2 lakh to above Rs 50 crore)
Futures trading
0.02% maker to 0.05%Depends on volume tier
Perpetual funding fee
Every 8 hoursPaid between traders; Mudrex says it keeps none of it
Taxes
GST and TDSApply under Indian rules
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