Best Platforms for Crypto Trading & Exchange in India

Bitcoin no longer remains a buzzword in India. Whether it’s big organizations or individual investors, everybody is now aware of the power of digital assets. As per the Statista studies, the percentage of the population using digital currency is expected to be 7.41% in 2024 and is anticipated to elevate to 7.35% by 2025.

It is pretty obvious to have some hesitation to start investing in Cryptocurrency. But remember, you will miss a lot if you delay. There are many platforms to start crypto trading. But you should only consider the best Crypto apps in India. In this blog, we are going to highlight the trusted crypto exchange platforms that will surely help novices like you.

Here we go!

Mudrex

Mudrex hit the list when we talk about the most preferred crypto exchange platform in India. Its user-friendly interface makes it quite easy for us to buy and sell cryptocurrencies like Bitcoin, Ethereum, etc. You can add funds into your Mudrex account through fiat currency or digital money. This platform also offers vaults so that investors can earn interest from their crypto holdings.

Let us look at the key features of this crypto trading platform in India.

Key Features

You will get around 150+ tokens in Mudrex.
This platform also has mobile apps for Android and iOS users that make the process quite handy.
Mudrex charges minimum charges, i.e., 0.2%, on every transaction.
You have to deposit min. 500 ₹ and can withdraw up to 1 lakh in Mudrex.
You need to verify yourself through KYC to get access to Mudrex.

WazirX

It is a rapidly growing crypto trading platform in India. Around 60 lakh people have registered on WazirX. This offers several advantages over its counterpart. For instance, you will get a peer-to-peer (P2P) feature on WazirX, which matches buyers and sellers without any need for an intermediary. Not just that, the liquidity of this platform is quite high, which indicates the transactions will be executed quickly and at stable prices.

Here are its main features:

Key Features

It offers P2P transaction features, which means there is no need for an escrow agent.
WazirX offers its own cryptocurrency called WRX.
This one of the best crypto exchange platforms in India also runs referral programs. This simply means you can earn even more by referring WazirX to your known.
WazirX does not have control over its users’ fiat currency.

Coin Switch

The other significant player in the Indian crypto market is Coin Switch. It gathers the buying and selling volumes from other major exchanges. This allows users to trade digital currencies at some of the most competitive and best available rates from different platforms.

Let us see its main features.

Key Features

Gather liquidity liquidity from the best crypto apps in India and abroad.
You will get a Smentic Investment Plan (SIP) on Coin Switch.
Its Pro version allows you to exchange on various platforms with one single account.

Zebpay

This was launched in 2014 by three Indians– Sandeep Goenka, Saurabh Agarwal, and Mahin Gupta. At present, it has become one of the country’s renowned crypto trading platforms. It is reported that around 3 million people were there on Zebpay in 2023. Many more users are attracted to this platform because of its great features, like lighting network payment and zero deposit fees.

It is important to note that this platform is also available to the people of Australia and Singapore apart from India.

Key Features

With ZebPay, you don’t have to worry about security. The reason is it has stringent security protocols and an ISO-certified Information Security Management System.
It will charge a 0% fee for every crypto-to-crypto transaction.
It offers 24X7 customer support service.

Coin DCX

Coin DCX is not an old crypto exchange platform, but it has become pretty popular in the last few years. The best thing about this is that it allows users to convert fiat to cryptocurrency swiftly. It is a centralized platform registered in Singapore, not India.

Coin CDX is the reputed, safest, and fastest crypto trading platform with a plethora of coins as well as trading pairs.

Key Features:

Coin DCX supports multiple coins. Currently, it has 100+ coins.
For quick crypto-to crypto trade, it charges nothing, but for quick crypto-to-fiat exchange, you need to pay a 0.5% fee.
KYC is mandatory with Coin DCX as it adheres to high-level security protocols.

Binance India

It is a part of the market leader, the global Binance. This platform offers many options, including crypto exchange, trading, earning by vaults, loans, etc. As per the reports, Binance has around 28 million users. Not just that, more than 500 types of cryptocurrencies are exchanged and traded on it.

Key Features

In addition to the mobile app, Binance also offers a Trust wallet browser extension.
The most noteworthy feature of Binance is its fee structure. It is not fixed and relies on the volume of your monthly trading. The more you trade, the lesser the percentage of the fee you need to pay.

Unocoin

Last but not least- the Unocoin. It was discovered in 2013, and initially, Unocoin’s headquarters was in Tumkur, which lately shifted to Bengaluru. You will experience the best crypto exchange in India on this platform. In addition to this, you can do OTC trading on Unicon. It also offers systematic buying plans. It boats around 50+ cryptocurrencies and 2.34 Million users.

Let us look at why it is one of the best crypto trading platforms.

Key Features

It charges just a 0.5% fee on crypto trading.
You need to deposit at least 100 ₹ in Unicon.
It offers a mobile app, which is available for both Android and iOS users.

Closing Thoughts

So, these are the top platforms you can consider trade or exchange cryptocurrency in India. However, to succeed in this field, you should first have knowledge of the available cryptocurrencies and crypto pairs.

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