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Mudrex is a cryptocurrency trading and investment platform offering spot trading, futures, and systematic investment plans (SIPs). The platform provides API access for users or developers to build automated trading strategies. Mudrex is regulated by the Financial Intelligence Unit India (FIU-IND) and holds ISO 27001 and SOC 2 certifications to safeguard assets and data.
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About Mudrex
Mudrex is a crypto investment platform based in India, focused on making it easier for regular users to invest in digital assets. Its core product is Coin Sets, which are curated portfolios of 5–15 cryptocurrencies grouped by themes like smart contracts or DeFi. Users can invest with as little as ₹400, and the platform automatically rebalances these portfolios. Mudrex also supports systematic investment plans (SIPs) for crypto, allowing recurring purchases of coins or Coin Sets, plus futures trading with leverage up to 100x.
Mudrex's main value proposition is simplicity. Instead of researching individual coins and managing complex portfolios, users can pick a themed basket and let the platform handle the rest. This addresses a key pain point in crypto: the steep learning curve and time required to evaluate hundreds of tokens. The platform also provides in-app signals and AI-powered insights to help users make decisions without deep technical knowledge.
Over the past six months (February–August 2026), Mudrex has focused on product enhancements and community engagement. It launched an AI-powered intelligence layer that provides contextual explanations and guidance within the app, aiming to reduce information overload. The team also participated in Money Expo India 2026 in Mumbai, where they discussed tokenized real-world assets. Notably, Mudrex remains unavailable to US residents due to regulatory restrictions, and it charges a 2% withdrawal fee, which has been a point of friction for frequent traders. The platform also requires enhanced due diligence verification for large withdrawals.
Mudrex, an Indian crypto investment platform founded in 2018, has navigated key milestones shaping its long-term trajectory. In August 2024, the Delhi High Court ordered India's Ministry of Communications to take down 38 fraudulent websites misusing Mudrex's name, following reports of scams where impersonators on Telegram lured investors with fake promises. This legal action marked a critical step in protecting the brand and user trust. In January 2025, Mudrex temporarily suspended cryptocurrency withdrawals, citing compliance upgrades, with INR fiat withdrawals unaffected. The suspension, expected to lift by January 28, underscored the platform's commitment to regulatory alignment amid India's evolving crypto landscape. These events highlight Mudrex's resilience in combating fraud and prioritizing compliance, positioning it for sustainable growth in a challenging market.
Over the past six months, Mudrex has made significant strides in product development and market expansion.
In March 2026, Mudrex transitioned to an INR-native experience, making the Indian Rupee the default currency for spot trading. Users can now deposit, hold, and withdraw INR directly, with prices, charts, and portfolio values displayed in rupees. Existing USDT balances remain supported, and the shift simplifies the trading process for Indian users.
Also in March, Mudrex integrated with CCXT, the leading open-source crypto trading library. This allows developers and algo-trading platforms to connect to Mudrex seamlessly, expanding its reach to a broader developer audience.
In June 2026, Mudrex expanded its Alpha loyalty program to include INR Futures. Users trading both USDT and INR-margined futures now have their combined volume counted toward tier calculations, unlocking lower fees and priority support. This move incentivizes active futures trading and rewards user loyalty.
Looking ahead, Mudrex's roadmap focuses on deepening its INR ecosystem, enhancing its developer infrastructure, and expanding its product suite to cater to both retail and institutional traders. The company is committed to making crypto trading more accessible and efficient for the Indian market.
Co-founders and key executives:
Edul Patel (Co-founder & CEO) - LinkedIn: https://www.linkedin.com/in/edulpatel/, Twitter: https://x.com/dul_dul
Prince Arora (Co-founder) - LinkedIn: https://www.linkedin.com/in/prince-arora/
Alankar Saxena (Co-founder & CTO) - LinkedIn: https://www.linkedin.com/in/saxenaalankar/
Rohit Goyal (Co-founder) - LinkedIn: https://www.linkedin.com/in/rohit-goyal-4a1b5a/