Top 5 Best Cryptocurrency Exchange App Site In India

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In India, the cryptocurrency market is still in a nascent stage and has not really gained much traction yet. 

Traders & beginners are now setting their foot to invest in the crypto market. 

According to a survey, About 20 million people entered the crypto market in 2021. 

However, to get started, a trader needs a crypto exchange account to trade digital currencies like BTC, ETH, and XRP. 

This list is an attempt to give you a clear idea about the best exchanges in India where you can easily trade cryptos. 

Before we begin, it’s necessary to understand what a crypto exchange platform does. 

An exchange program offers a variety of digital assets on its platform. Traders can trade, buy and sell cryptos with convenience. 

Best cryptocurrency exchange apps in India

After this budget session, the crypto market has been regulated by the government. However, it hasn’t been legalised yet. 

It also led to an influx of various digital assets exchange apps in the last few years. We have combed through them and here are the most famous exchanges:

Start List of top 10 crypto exchanges in india.

1.WazirX: https://wazirx.com

You might have heard the hype about WazirX, and it is pretty popular among people. This crypto exchange app offers its services for both Windows and mobile versions. It has various investment options and easy deposit methods using INR, US dollar, BTC, and even P2P. WazirX has its own digital coin called WRX that can be purchased using INR. Then you can use WRX to invest in other digital currencies. 

Pro: 

Peer-to-peer transaction ability with low transaction fees. 

Con: 

Sometimes the application crashes due to a high influx of users.

2.CoinDCX : https://coindcx.com

CoinDCX is known for its versatility for its digital assets. It has 200+ cryptos. This app also provides educational content to its users, useful for beginners. Its user interface is extremely simple, and it has high levels of security. 

However, it charges a fee for maker and taker, which can be anywhere up to 0.04 % to 0.06%

Pro: 

The minimum withdrawal limit is 1000 INR without any charges. 

Con: 

Only Indian rupees is provided in the range of fiats.

3.CoinSwitch Kuber:https://coinswitch.co/

This platform is one of the advertised platforms in IPL and through Bollywood celebrities. It has got significant sharks as its angel investors. It has almost 100+ cryptos & claims to offer the most competitive rates in the market. It has easy to use interface and easy deposits & withdrawals. 

Pro: 

Most competitive trading rates with easy to use interface. 

Con: 

The security measure is still dicey on keeping the assets secure. 

4.Unocoin : https://www.unocoin.com/

Union is a 9-year-old leading currency exchange in India. It offers Bitcoins to Indian traders. It is known for its transparency, and there is no hidden fee. Unocoin is considered the most basic platform for beginners to start crypto trading in India.

Pro: 

Basic tools are available with very seamless navigation and transparency. 

Con: 

Lack of advanced charting tools and only Bitcoin is available to trade.

5.BuyUcoin :https://www.buyucoin.com/

This plat is open for “Indian traders” only to trade digital assets such as BTC, ETH, XRP etc. The platform operates on a zero-fees approach. It has good referrals and bonus programmes. BuyUcoin has its own NFT marketplace based on blockchain technology. 

Pro: 

It allows storage of DEFI tokens & soon launching an INR based cryptocurrency. It does not charge any fee. 

Con: 

Buy/Sell rates are not competitive & have low liquidity. 

6.ZebPay :https://zebpay.com/in/

ZebPay is one of the platforms which focuses on long-term value investment. It is equipped with all the latest charting tools & it has easy to use interface. It also guides the users in regional language through youtube. It offers all the major traded cryptos like Bitcoin, Ethereum, XRP etc. 

Pro: 

There is no limit on receiving Bitcoins but there is a limit on sending them. 

Con: 

There are not many deposit options except through bank deposits.

Takeaway 

Every exchange platform comes with a set of features and it is not necessary that everyone’s trading style. However, exchanges platforms in India are still going through a process of transition where they are absorbing, observing, and understanding the needs of the young generation of traders. 

Author by cryptobole.com

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