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An offshore-facing exchange betting platform for India
Not available lawfully hereIs Radhe Exchange legal in India?
No. Real-money gambling is banned in India. Under the Promotion and Regulation of Online Gaming Act 2025 (PROGA), in force since 1 October 2025, Radhe Exchange cannot lawfully offer you a welcome bonus here, and you cannot lawfully claim one.
PROGA bans all real-money gaming nationwide and criminalises its operation, promotion and financial facilitation. Banks, UPI and card networks are barred from processing money-gaming transactions, and by 28 March 2026 the government had blocked or actioned 8,376 betting and gambling URLs. source
Any Radhe Exchange bonus you see advertised for India is offered from an offshore site operating against local law. Your payments can be blocked, your account can vanish with a mirror domain, and no India regulator can help you recover funds. We therefore show no offer and no sign-up link on this page. See every licensed betting site in India →
Pros
- A real, quantified welcome package across both sports and casino
- Ongoing 5% reload bonus
Cons
- No operator company or regulatory licence could be independently confirmed across two sources
- Offshore-facing, not locally licensed in India — a materially different risk profile
- Account activation and support run entirely through WhatsApp; the site's own fraudster warning about that channel is a real caution
- KYC required for withdrawal — confirm process directly before depositing
Our verdict
Radhe Exchange is an offshore-facing exchange betting platform targeting India, not locally licensed there. No operator company or regulatory licence could be independently confirmed across two sources examined - the site describes itself only as 'built by a group of seasoned experts in the blockchain and cryptocurrency industries.' Account activation runs entirely through WhatsApp, and the operator's own site explicitly warns users to 'be aware of fraudsters' on that channel, while blocking access from Telangana, Orissa, Assam, Sikkim, and Nagaland. Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim.
How we rated it
Bonuses & value (18%)7
A real, quantified welcome package across sports (up to 200% or cashback) and casino, with an ongoing 5% reload.
Sportsbook & Casino (36%)6.2
An offshore-facing exchange betting platform serving India across sports and casino.
Customer support (18%)4.5
Account activation and support run entirely through WhatsApp; the operator's own site explicitly warns users to 'be aware of fraudsters', an unusual admission for a platform to make about its own contact channel.
Trust & licensing (27%)3
Targets India but is not locally licensed — an offshore-facing operator, a materially different risk profile. No operator company or regulatory licence could be found across two independent sources; the site describes itself only as 'built by a group of seasoned experts in the blockchain and cryptocurrency industries' and explicitly blocks access from Telangana, Orissa, Assam, Sikkim, and Nagaland.
Quick facts
| Licensing | No operator company or licence found across 2 independent sources — offshore-facing, not locally licensed in India |
| Markets | India (blocks Telangana, Orissa, Assam, Sikkim, Nagaland) |
| Welcome bonus | No lawful offer in India - Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim. |
| Wagering | 5% reload bonus; rollover applies; KYC required for withdrawal; WhatsApp-only activation |
How we verified this
One thing we could not establish: who owns and operates this brand. The rest of this review is sourced, but an operator we cannot name is one you cannot hold to account.
Radhe Exchange targets India but is not locally licensed there — an offshore-facing operator, a materially different risk profile from domestically-regulated brands. No operator company or licence is named across either source examined; the site itself warns users to be aware of fraudsters and blocks several Indian states with stricter local gambling laws. Confirm current offer directly on Radhe Exchange's own site. Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim.
Where Radhe Exchange is licensed
Radhe Exchange appears on the official register in 1 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
Asia (1)
About Radhe Exchange
Radhe Exchange is an offshore-facing exchange betting platform serving India, offering new players welcome bonuses across sports and casino, with an unusual WhatsApp-based activation process. No operator company or regulatory licence could be independently confirmed across two sources examined - the site describes itself only as 'built by a group of seasoned experts in the blockchain and cryptocurrency industries', and its own site warns users to be aware of fraudsters on its WhatsApp channel while blocking several Indian states.
Radhe Exchange FAQ
Is Radhe Exchange safe and legit?
Radhe Exchange targets India but is not locally licensed there, and no operator company or regulatory licence could be independently confirmed across two sources examined. Its WhatsApp-only account activation is a non-standard flow, and the operator's own site warns users to be aware of fraudsters on that channel — real, disclosed cautions worth weighing before depositing.
What is the Radhe Exchange welcome bonus?
Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim. Where this brand operates lawfully in other markets, its offers there are covered on those countries' pages.