Mudrex Promo Code Free — FAQ (10 Questions Real Users Ask)
Q1: What is the Mudrex promo code free for new users?
The working Mudrex promo code free is VI1R231Y, verified
May 2026. Enter it during sign-up to receive a ₹300 welcome
bonus after depositing ₹2,000. Valid for new accounts only.
One use per account. Works on Android, iOS, and desktop.
Q2: Is Mudrex safe to use in India?
Yes. Mudrex is FIU-IND registered under PMLA, which is the
legal requirement for all crypto platforms in India. User funds
are insured by Lloyd's of London, data is protected with
AES-256 encryption, and 2FA is mandatory on every transaction.
No security breach or fund loss has been documented since 2018.
Q3: Why is my Mudrex promo code not working?
The most common reason is that the code was entered after
completing registration — the promo code field only appears
during sign-up and disappears permanently once your account
is created. The second most common reason is lowercase entry.
Use VI1R231Y in all caps, no spaces, during sign-up only.
Q4: What is the difference between a Mudrex gift code and
a promo code?
A Mudrex gift code or gift voucher code is distributed through
special campaigns or partnerships. A promo code like VI1R231Y
is the standard sign-up offer. Both are entered in the same
field during registration and function identically on the
Mudrex app.
Q5: Can I use the Mudrex promo code as an existing user?
No — the promo code field only appears during new user
sign-up. Existing users can earn through Refer & Earn
(Profile → Refer & Earn), in-app seasonal offers, trading
competitions, or the official Mudrex code MDRXLEA100 for
₹100 cashback on a first futures trade.
Q6: How long does the Mudrex bonus take to credit after
applying the promo code?
The bonus typically credits within 6 to 24 hours after
completing KYC and depositing a minimum of ₹3,000. If the
bonus hasn't appeared after 24 hours, check KYC completion
and deposit amount. If both are confirmed, email
support@mudrex.com with your sign-up screenshot.
Q7: What is the minimum deposit needed to activate the
Mudrex promo code bonus?
The minimum deposit to activate the ₹300 bonus with code
VI1R231Y is ₹2,000. Depositing below this amount will not
trigger the bonus. UPI deposits on Mudrex are free and
reflect within 3–5 minutes.
Q8: Is Mudrex legit in India or is it a scam?
Mudrex is legitimate. It was founded in 2018, accepted into
Y Combinator W'19 (acceptance rate under 2%), and is FIU-IND
registered under PMLA. Crypto is legal in India since the
Supreme Court's 2020 ruling. Mudrex complies with India's
30% crypto tax and 1% TDS framework. No hacks or fund losses
are documented.
Q9: How does Mudrex refer and earn work for existing users?
Existing users get a personal referral link in the app under
Profile → Refer & Earn. When a friend signs up through your
link and makes a qualifying deposit, both parties earn a
bonus. There is no limit on referrals. Your referral reward
stacks with your friend using code VI1R231Y.
Q10: Can a complete beginner use Mudrex without crypto
knowledge?
Yes. Mudrex Coin Sets are pre-built, auto-rebalanced crypto
portfolios — pick one and Mudrex handles everything. SIPs
start from ₹100 per week. No trading charts, no order books,
no technical knowledge required. Mudrex is specifically
designed for Indian investors starting from zero.