Users Voice for Colodax

15% users rated Terrible
5% users rated Poor
20% users rated Average
10% users rated Very Good
50% users rated Excellent
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Colodax Overall rating
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Review article published on: 25 Jul 2019

Last updated by on 07 Mar 2023

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Dec 2022 5 5 5 5 5 5
Jan 2023 5 3 3.9 2 1.7 5
Feb 2023 5 5 5 1 5 1.8
Mar 2023 5 5 5 5 5 5
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Detailed Colodax Review by

Introduction: is an Indian-based cryptocurrency exchange website. It offers a secure platform to buy, sell, and trade Bitcoin, Ethereum, Ripple, Litecoin, and other popular cryptocurrencies.

Pros and Cons:

Pros: Safe and secure platform, competitive fees, user-friendly interface, fast deposits and withdrawals, excellent customer service. Cons: Limited selection of cryptocurrencies, only available to Indian customers.

User Experience: offers an intuitive interface that makes it easy for users to buy, sell, and trade cryptocurrencies. The platform is well-designed for both novice and experienced traders.

Pricing and Value for Money: charges a flat fee of 0.4% per trade, which is competitive in the Indian market. The site also offers a referral program that rewards users for referring new customers.


Alternative Indian cryptocurrency exchanges include Zebpay, Coinsecure, Unocoin, and Koinex.

Customer Service: offers excellent customer service, with quick response times to user queries and complaints. The site also features a detailed FAQ section that answers common questions.

Product Quality and Selection:

Although the selection of cryptocurrencies is limited, offers a low-risk and diversified investment experience. The exchange also provides detailed information about each cryptocurrency and market data.

Website Usability:

The website is easy to navigate and operate, with responsive pages and a minimal design that adds to the user experience.

Returns and Exchanges: follows industry-standard returns and exchange policies. Users can cancel an order before it is executed or contact customer service to initiate a return or exchange.

Promotions and Discounts: offers regular promotions and discounts to users, including trading fee discounts and referral bonuses.

Reputation: has built a strong reputation in the Indian cryptocurrency market, providing safe and secure transactions with excellent customer service.

Payment Options: supports various payment options, including NEFT, IMPS, UPI, and bank transfers.

Loyalty Programs: offers a referral program that rewards users for referring new customers. The platform also features a loyalty program that rewards users based on the number of trades they make.

Customer Reviews:

Customers rate highly for its ease of use, low trading fees, and excellent customer service.

Community Involvement: is actively involved in the Indian cryptocurrency community and regularly hosts events and seminars to educate customers about blockchain technology and cryptocurrencies.

Shipping and Costs:

As an online cryptocurrency exchange, does not offer shipping services but charges a flat fee of 0.4% per trade.