The cryptocurrency market in India is expanding to a large extent with more investors wanting to trade cryptos. But there always remains doubt regarding the reliability and credibility of some cryptocurrency exchange platforms, which one is the best, and also which one is risky considering the growing number of hacks taking place. No one wants their crypto coin stolen by hackers. Being an investor when you are choosing a crypto exchange platform you must look at the pricing, withdrawal options, supported currencies, and security. This article lists the top cryptocurrency trading platform in India.
WazirX is India’s most successful crypto exchange, which started trading in 2017 and aims to become India’s most trustworthy cryptocurrency exchange. The platform provides its customers with peer-to-peer transaction capabilities and manages a technology that is capable of processing millions of transactions and can scale up the framework to satisfy rising demands. WazirX provides a smooth and efficient Cryptocurrency trading platform experience across all platforms-web, Android & iOS mobile, Windows, and Mac applications. The exchange has an innovative KYC system in which identity verification takes place within a few hours of registration.
The Mumbai-based cryptocurrency exchange, CoinDCX is one of the popular options with crypto investors in India. The exchange claims to have over one lakh active users and offers more than 200 cryptocurrencies The trading fee is minimal while the deposits and withdrawals are free. It is especially beneficial for investors who want to trade directly from INR to BTC on the platform.
Zebpay offers lightning-fast payments and enhanced security controls including controls to disable all outgoing transactions with the ‘Disable Outgoing Transactions’ feature. The exchange offers trade across six EUR-Crypto pairs and five crypto-crypto pairs across Bitcoin, Ether, Litecoin, Tether, Ripple, Bitcoin Cash, and EOS. It has a clean, simple, and user-friendly interface.
If you are new to the cryptocurrency market, then this exchange lets you start trading with just Rs 100. CoinSwitch Kuber offers more than 100 cryptocurrencies and has over 3 million users. CoinSwitch was founded in 2017 as a global aggregator of cryptocurrencies and in June 2020 it launched its Indian cryptocurrency exchange CoinSwitch Kuber. The exchange is backed by investors including Sequoia, Ribbit Capital, and Paradigm.
Giottus Cold wallets are protected by 100% cyber-theft insurance. They have also collaborated with the global custodial service pioneer, Bitgo, to provide insurance coverage for your savings. It provides 24 x 7 free instant deposit & withdrawal of Rupees processed within 10 seconds. You only need to register and get a chance to win up to 10,000 Matic Tokens for free.
UnoCoin is among the first cryptocurrency exchanges in India. Launched in 2013, the exchange caters to over 1.2 million users. The exchange allows its users to buy or sell Bitcoin with INR. Traders are also provided with a special bitcoin address that auto sells Bitcoin. Another striking feature of the exchange is that it allows its users to Recharge and Top Up wallets and use Bitcoins to recharge cell phones and DTH. It also supports a Merchant Gateway system that allows online businesses to accept Bitcoins as a mode of payment.
BuyUcoin is another pioneer in the crypto-currency market in India. It provides a convenient and trustworthy forum for several cryptocurrencies such as Bitcoin, Ethereum, Ethereum Classic, List, NEM, Civic, Litecoin, Bitcoin Cash, and many others to purchase, exchange. The functionality of periodic transactions has now been introduced to Buy You Coin so that users can participate in crypto as a SIP. To stop the risk of a blanket ban on cryptos in India, BuyUcoin has created and proposed a “sandbox” system to monitor cryptocurrencies in India. To have unhackable protection, the platform stores 95% of your funds offline.
Bitbns is a peer-peer (P2P) sharing site to offer and take bitcoins. The P2P model allows users to purchase and sell cryptocurrency without the intervention of a third party. Bitbns lets you automate your orders with advanced tools & features. With 98+ cryptocurrencies currently listed, Bitbns allows users to purchase and sell cryptocurrencies at the best available rates and provides ease of trading like no other cryptocurrency exchange.