Top 10 Crypto Exchanges in India

Top 10 Crypto Exchanges in India

When you hear cryptocurrency, the first thing that comes to your mind is Bitcoin. And people want to understand Bitcoin. So, Bitcoin is a decentralized cryptocurrency. Decentralisation means there is no need for a central authority, government or bank. And it works on blockchain technology. The technology helps in keeping records and transactions. The top 10 crypto exchanges in India from where you can buy Bitcoin are given in the article. 

List of Top 10 Crypto Exchanges

  1. CoinDCX
  2. ZebPay
  3. Binance
  4. CoinSwitch
  5. BuyUcoin
  6. Mudrex
  7. Coinbase
  8. Unocoin
  9. Trust
  10. WazirX

CoinDCX

CoinDCX Homepage

CoinDCX is a very famous platform for crypto. The quarterly trading volumes are more than Rs 79.6K Crore. Provides 24/7 support, also Free INR Deposits & Withdrawals. Also provides crypto tax reports.

Key features:

  • Have an instant withdrawal and deposit.
  • Offers a margin trading option.
  • Offers a large variety of cryptocurrencies.

Pros:

  • Supports crypto staking and lending.
  • Charges low trading fees.
  • The interface is beginner-friendly.

Cons:

  • Some advanced features may overwhelm beginners.
  • Has limited liquidity compared to global exchanges like Binance.

ZebPay

zebpay website homepage

Zebpay platform has been in India since 2014. Available 24/7 for its customers. It has offices in 160+ countries. Also provides insurance protection. The trade volume is more than $22 billion.

Key Features:

  • They focus on Bitcoin investment.
  • This is one of the oldest crypto exchanges in India.
  • They offer wallet services.

Pros: 

  • Have a simple beginners interface.
  • They offer a referral system for bonuses.
  • Have high security with a focus on cold storage.

Cons:

  • Has higher trading fees compared to competitors.
  • Has a limited altcoin selection.

Binance

Binance Website Homepage

Binance has over 250 million customers and is the world's largest crypto exchange by trading volume. It is a blend of technology and finance, allowing investors to trade anytime, anywhere. The app is available on both iOS and Android and comes in two versions: Lite and Pro.

Key Feature:

  • Offers a wide variety of coins and trading pairs.
  • This is the world's largest crypto exchange by volume.
  • They have advanced trading tools, futures, margin trading, and staking.

Pros: 

  • Offers a wide range of advanced trading options. 
  • Have a low fee and high liquidity.
  • Have a strong global reputation and security.

Cons:

  • Faces regulatory scrutiny in some regions, including India.
  • This can be overwhelming for new users.

CoinSwitch

Coinswitch website homepage

CoinSwitch came into existence in 2017. A16z, Tiger Global, and Sequoia Capital India are the investors that have invested in this app. The focus lies on both customers and employees. The app is very easy to use, and users can access it easily. Supports all types of cryptos like bitcoin, ethereum, ripple, litecoin and other coins.

Key Features:

  • They offer an easy registration process.
  • Supports the buying and selling of 100+ cryptocurrencies.
  • There are no trading fees—just spreads.

Pros: 

  • You do not need detailed KYC at the initial stages.
  • The mobile app is user-friendly.
  • This is good for beginners.

Cons:

  • They have a higher spread compared to exchanges with fees.
  • It lacks advanced trading features.

BuyUcoin

BuyUcoin website homepage

When it comes to security, BuyUcoin is the first choice of investors or traders. Investors can invest in any crypto at the best prices. Also, it has the lowest fee and users also get unlimited rewards. It also follows the industry's best practices.

Key Features:

  • They support over 130+ cryptocurrencies.
  • Offers cryptocurrency exchange and wallet services.
  • They enable staking and earning.

Pros: 

  • They offer a wide variety of crypto assets.
  • This is good for beginners.
  • They offer multiple payment methods, such as bank transfer and UPI etc.

Cons:

  • Customer support can be slow.
  • There are limited advanced trading features.

Mudrex

Mudrex website homepage

In Mudrex the data is in encrypted form. Around 3M+ are the customers that invest. Investors can invest in coins, futures, and coin sets. Also, there is the right to security in this app.

Key Features:

  • They offer pre-built trading strategies for users.
  • They focus on automated crypto trading through bots.

Pros: 

  • There is no manual effort required.
  • There are automated trading strategies for passive investment.
  • Also, it has a risk assessment for each strategy.

Cons:

  • There is a smaller selection of cryptocurrencies.
  • Has a limited number of users who rely on automation.

Coinbase

Coinbase website homepage

Investors can buy, sell, transfer and store the cryptocurrency. It's easy to manage a variety of cryptocurrencies. Provides the best cold storage to the crypto. A tool designed specifically for the trader. Provides an amazing experience to the user. It has a coin-based wallet as well. Traders can easily save their keys in this wallet. 

Key Feature:

  • They offer wallet services, staking, and institutional products.
  • They have a large global exchange with millions of users.

Pros: 

  • There is high security and insurance for assets.
  • This app is listed on NASDAQ, which is known for its regulatory compliance.
  • They offer a user-friendly interface.

Cons:

  • Their fees are limited compared to some competitors.
  • Has high security and insurance for assets.

Unocoin

Unocoin website homepage

Investors can trade easily in Bitcoin and other cryptos. Also, maintain a healthy cryptocurrency ecosystem. It's been in India since 2013. The app is available on the Play Store as well as on Android.

Key Features:

  • They focus on Bitcoin and a few other major cryptos.
  • They provide a SIP in Bitcoin.
  • Have a long-established crypto exchange in India.

Pros: 

  • The SIP option for recurring investments.
  • Offers low trading fees for high-volume traders.
  • They have a trusted platform with a long history.

Cons:

  • This platform may seem outdated compared to newer exchanges.
  • They offer limited coin options.

Trust

Trust website homepage

A cryptocurrency wallet that is secure and provides a secure way to different applications. Millions of assets are available on this platform. It also has a community where developers can share their ideas.

Key Features:

  • Here, users hold their private keys, ensuring full control.
  • There is a decentralized wallet with support for multiple blockchains.

Pros: 

  • They support the staking of multiple coins.
  • This is highly secure and decentralized.
  • This can be used in conjunction with decentralized exchanges.

Cons:

  • They lack advanced trading features.
  • There is no exchange in the traditional sense.

WazirX

wazirx website homepage

WazirX has a user base of more than 16 million. Users can buy any type of cryptocurrency from the platform. Also provides a better user experience. Make sure that the user's data remains safe and secure. It's a member of the Bharat Web3 Association (BWA)

Key Features:

  • They are integrated with Binance for global liquidity.
  • One of the most popular Indian exchanges, which was acquired by Binance.
  • Margin, spot, and staking options are available.

Pros: 

  • Has high liquidity due to Binance integration.
  • They have low trading fees.
  • Has easy deposit and withdrawal options for Indian users.

Cons:

  • There are regulatory concerns, particularly after the Binance acquisition.
  • They could improve their customer support.

Conclusion 

In conclusion, the above apps are the top 10 crypto exchanges in India. All the apps function very well. Users can access them anytime, anyplace. Also, they provide the best security to its users. And save the information from hackers. So this is all about top crypto exchanges if you have any queries then please comment down below.

About the Author

Vikash Sharma

After writing content around various niches, I got aligned towards finance and started writing content that provides finance insights.

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