Well, this is definitely one of the fastest growing cryptocurrency exchange apps in India. This cryptocurrency exchange application has not only gained immense popularity in India, but also in more than 150 countries. You may have heard this name on social media quite recently, which suggests that it is quite popular with people. This cryptocurrency exchange app lets you invest with INR, US dollar, BTC and even P2P.
In fact, WazirX has its own currency called WRX that can be purchased with INR. So you can use WRX to invest in other cryptocurrencies. One of the most popular features of WazirX is that you can win coins through various contests that are available in the information section of the application. Users can protect their account using 2FA or app passcode that can be enabled from the phone's settings.
WazirX has a charge rate of 0.2 percent applicable to the taker and the creator. You can deposit any amount greater than 100 rupees into the WazirX wallet through NEFT, RTGS, IMPS and UPI. The first three come with a transaction fee of 5.9 rupees, while UPI transactions are made free of charge. Unocoin deposits allow a minimum amount of 1,000 rupees, which is higher than what WazirX offers.
But when you deposit money with NEFT, RTGS, IMPS or UPI, users are not charged any fees. That said, using the MobiKwik wallet incurs 2 percent transaction fees and for debit or credit cards you also have to pay a fee prescribed by banks. Unocoin also offers biometric security features through digital identification and access code. But let's say you type the wrong code along with the biometric ID, the app will close your session.
If you go to the Settings tab of the application, you can learn a lot about investing in cryptocurrencies and how they work in the virtual world. CoinDCX charges a creator-taker fee of 0.1 percent, with a minimum withdrawal limit set at 1,000 rupees without being charged any fees. This Crypto Exchange App Only Supports INR to Let You Trade Crypto. You can deposit money into the account using NEFT, IMPS, RTGS, UPI or even a simple bank transfer.
CoinSwitch Kuber was an ever-present advertising function during the IPL recently. This platform has funds from popular investors and venture capital firms such as Sequoia and more. It claims to allow you to trade more than 100 cryptos and promises the best trading rates in the market. Use your mobile phone number to create an account to trade in the app.
But you can't start trading before you complete the KYC process, obviously. You get a four-digit PIN code option to protect the account in the app. CoinSwitch Kuber says that the first 100,000 users of the platform will not have to pay the trading fee for 100 days. The simple user interface and aggressive marketing have attracted people to participate in CoinSwitch Kuber.
Best Crypto Exchange App Offers INR Deposits via NEFT, Bank Transfer and UPI. But the platform doesn't share information about its security measures to keep crypto assets safe. The general service mechanism needs improvement and the details of the negotiation are not detailed. Bitbns is another application for cryptocurrency trading.
Available for download on both Android and iPhone mobile phones, the application allows you to buy and sell altcoins without the intervention of a third panel. The app has more than 100 cryptocurrencies listed, ranging from the popular Bitcoin and Ethereum to the relatively new Shiba Inu. In addition to this, Bitbns offers a trading facility like no other cryptocurrency exchange due to its partnership with global cryptocurrency exchange OKEx. Krypto also allows users to send or pay with cryptocurrencies at any store in India.
Supports 100+ cryptos and popular payment modes such as UPI and bank transfer. Paxful is a peer-to-peer (P2P) crypto marketplace. On Paxful, you'll see several sellers offering deals for buyers to grab. Paxful charges transaction fees to sellers based on the wallet you use.
These amounts vary depending on the size of the transaction and are lower if you use the Paxful wallet. Interestingly, Paxful sellers can set their own crypto prices and trading limits. You can buy Bitcoin, Ether and Tether with them. While trading seems easy on Paxful, I'll recommend it to advanced users.
You'll be happy to know that inventor 'Satoshi Nakamoto' never intended to create cryptocurrencies when he came up with his idea. Instead, his vision was to build a seamless decentralized cash system. However, Bitcoin's father (Satoshi) suddenly disappeared after 3 years of establishing the world's first cryptocurrency, Bitcoin. WazirX is best known for inventing a useful peer-to-peer (P2P) engine.
Makes it simple for Indian traders by automatically converting cryptocurrency prices to Indian rupees (INR). The platform is also presented with the Smart Token Fund, which is very useful for beginners. STF allows them to find competent traders and manage their cryptocurrency portfolio. Binance, one of India's most popular cryptocurrency exchanges, offers a solid option for numerous users to trade more than 350 altcoins, including Bitcoin, Litecoin, Etherium, Bitcoin Gold, Cardano, etc.
The best part about this platform is that investors earn interest on all their holdings. In addition, like WazirX, Binance India offers a way to trade peer-to-peer, execute advanced trading methods including futures contracts, participate in margin trading, and so on. Binance India Allows Users to Store Cryptocurrencies at Competitive Fees and Leverage Loans Against Crypto Assets They Own. CoinDCX is a leading cryptocurrency exchange in India, which provides investors with a lucrative opportunity to earn substantial money by allowing them to invest in more than 200 different types of cryptocurrencies.
It is a Mumbai-based exchange that claims to have more than 1lakh of active users across India. The platform is best known for charging minimum trading fees; that is, 0.1%. In addition, deposits and withdrawals are completely free on this platform. CoinDCX presents itself with a comfortable and simple user face that makes it easy for newbies to understand deposits, withdrawals and the altcoin trading process.
It has more than 13 lakh users and states that its turnover amounts to hundreds of crores, year-on-year. Charges trading fees in all groups and includes a membership fee of 0.0001 BTC per month. According to Zebpay developers, if you invest in crypto assets through this app, you can avoid the fees, which are; 0.15 creator commission and 0.25% taker commission. However, if you do intraday activities (buying and selling on the same day), the total fees charged are 0.10%.
BuyuCoin is one of India's leading cryptocurrency exchanges that allow investors to buy, sell, store and trade more than 130 types of cryptoassets, including Bitcoin, Ripple, Litecoin, etc. The platform offers impeccable customer service by offering investors 24/7 help via messaging. Kraken's digital and payment asset retention process is robust and secure, contributing to a higher level of security and infrastructure. Indian investors can open a Coinbase or Coinbase Pro account to take advantage of advanced trading options.
However, Coinbase India has far fewer altcoin offerings than Binance, with just over 50 coins to choose from. As Bitcoin is legal in India, the list of exchanges listed above are also the best exchanges to buy Bitcoin in India. Let's take a look at the best cryptocurrency exchanges in India to help you in your decision-making process. However, specific parameters should be considered before calling a trading platform the best cryptocurrency exchanges in India.
Probably not as popular as other cryptocurrency exchange apps, but Krypto is trusted in more than 160 countries. For example, India's best cryptocurrency exchange will have a robust security feature mechanism. Some of the main attractions of the exchange are that the trading fee is minimal, deposits and withdrawals are free, a feature especially useful for those who want to trade directly between the Indian rupee and a particular cryptocurrency. CoinSwitch Kuber is one of the most popular cryptocurrency exchanges in India, the platform offers one of the best rates on Bitcoin trading.
With more than 900,000 users, WazirX is without a doubt the fastest growing cryptocurrency exchange in the country. Bitbns is one of the best cryptocurrency exchanges in India, with more than 300 cryptocurrencies available on the platform. The list of India's most popular cryptocurrency exchanges is drawn up after extensive research that caters to all kinds of investor needs. CoinDCX is a unique platform that offers cryptocurrency exchange services on 200 different types of cryptoassets.
It is an easy-to-use cryptocurrency exchange platform, offering competitive market rates compared to other exchanges. For some, the best exchange for cryptocurrency trading in India would be CoinSwitch Kuber, which is easy to use and doesn't charge a steep fee. It offers excellent services and allows customers to buy, exchange and sell cryptocurrencies at the best prices by offering an easy-to-operate, intuitive and simple user interface. The exchange also offers an intuitive interface for mobile and portable devices and has a fast registration and verification process compared to other cryptocurrency exchanges.
Easy-to-use cryptocurrency exchange for newbies Earn up to 50% of the referral trading fee Access to a standard cryptocurrency exchange and also to the P2P platform. . .