Double spending is an error in cryptocurrencies scheme in which the same single cryptocurrency is spent twice or more. This is possible because a cryptocurrency consists of a digital file that can be duplicated or falsified. We strongly advise not to spend the cryptocurrency for the amount which you have deposited into Koinex cryptocurrency wallet. If we detect a double spend after minimum block confirmations, the transaction will not be processed and the amount will not reflect on your Koinex wallet.