This exchange is inactive on Coinranking. Its data is not up to date.

Indacoin

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About Indacoin

Indacoin, founded in the UK in 2014, was primarily known for its service allowing users to instantly buy cryptocurrencies using bank cards (Visa and Mastercard). Rather than a full trading exchange, it functioned more as a payment gateway or "on-ramp" into crypto.

Key Features (Historically):

  • Instant Card Buys: Specializing in quick purchases of cryptocurrencies directly with debit or credit cards.
  • Wide Fiat & Crypto Support: Supported various fiat currencies (USD, EUR, GBP) and a large selection of cryptocurrencies for direct purchase.
  • Anti-Fraud Focus: Emphasized robust anti-fraud systems to secure card transactions, working with partners like Kaspersky.

Critical Current Information:

  • No Longer Active/Operating: Indacoin Limited (UK) was dissolved on January 3, 2023.
  • Estonian Entity Deleted: Its Estonian entity, INDACOIN OÜ, was deleted from the Estonian business registry on January 4, 2025.
  • Not a Full Exchange: Even when active, it was a crypto purchase gateway, not a platform for advanced trading with order books.
  • Higher Fees: Card purchases typically involve higher fees compared to bank transfers or traditional exchange trading.