The number of crypto exchanges in India has seen a significant growth as the number of people interested in buying or trading crypto has increased. While there are many crypto exchanges that are active and operational on a global scale, it is always best to look for a suitable exchange in your own country and region.
A platform available in your country or region will offer services according to the regulatory laws of your whereabouts. There are several other benefits of choosing an exchange that is based in your country.
Similarly, if you reside in India and want to buy or trade crypto assets then you should know about your possible options and choose the one that is according to your needs the most.
Here is a list of some of the popular platforms with a few details of what they have to offer to help you choose the best crypto exchange in India.
Crypto Exchanges in India – CoinDCX
Launched in 2018 and headquartered in Mumbai, CoinDCX is one of the top names you are likely to come across as you dive into the crypto space. This exchange has one of the largest collection of digital assets available (more than 340) and is considered to be one of the safest exchanges in the market.
This platform is powerful and versatile and supports various crypto-related services such as:
- Crypto lending
- Futures trading
- Margin trading
- Systematic investment plan
CoinDCX also offers a wide variety of educational content for the users who are new and want to learn more about the crypto space before beginning.
Other highlighting features of the exchange are mentioned below.
- Uses high-end security systems
- Offers 15x leverage for futures trading
- Offers 10x leverage for margin trading
- Supports deposit methods such as RTGS, NEFT and IMPS
UnoCoin can possibly be the best crypto exchange in India that you come across as a beginner. Launched in 2013, UnoCoin is not only one of the oldest exchanges but is the largest BTC-INR trading platform in the country.
Users can use the platform to buy, sell and trade Bitcoin along with 80 other cryptocurrencies. It is also known to launch a systematic buying plans (SBP) for BTC and ETH, which is one of its kind.
It charges a very minimal fee of 0.5% for purchasing or selling Bitcoin, which is one of several reasons why it is one of the top crypto exchanges in India. Other prominent features supported by the exchange are:
- Gold Membership
- Crypto lending related to OTC (over-the-counter) trade
- Crypto Basket
- More than 40 UnoCoin wallets
The UnoCoin exchange facilitates more than 2 million registered users and requires a minimum deposit of INR 1,000. The payment methods supported by the exchange include the following:
The best crypto exchange in India for you can also be WazirX. This is a distinctive platform that is popular for several outstanding reasons. It was established in 2018 but has grown to become one of the most prominent crypto exchanges in the market.
One of several reasons for the popularity of this exchange is that it is supported by Binance global, world’s largest exchange. WazirX is one of the fastest-growing cryptocurrency exchanges in the market that caters the needs of more than 6 million registered users.
With competitive trading fees, the platform offers support to more than 450 tradable pairs and enables traders to earn rewards on each trade.
It offers educational material for new users and makes use of high-end security systems like multi-signature wallet system. Other unique features of the platform are as follows:
- Supports smart token fund (STF)
- Supports P2P transactions
- Supports its native token WRX
- Users can invest in Bitcoin, U.S. dollar and INR
- Fully-loaded mobile application
One of the top crypto exchanges in India for beginners is CoinSwitch Kuber. It offers the trading of more than 80 digital assets at a zero trading fees.
As it is one of the best platforms for beginners, it offers educational content accordingly covering different aspects of crypto space such as digital assets, NFTs and blockchain technology. CoinSwitch Kuber also prioritizes the security of its users and supports deposits and withdrawals in INR.
Other outstanding aspects of the exchange are:
- Launched crypto rupee index
- Launched benchmark index
- Payment methods supported P2P, RTGS, NEFT and IMPS
- Live chat feature available for instant response from customers support agents
Giottus is one of the fastest-growing crypto exchanges in India and supports various crypto instruments and systematic investment plans (SIP). It offers interest to the users and offers advanced trading tools such as:
- Charting tools
- High liquidity
- Order books
- Trade history
The customer support services and mobile application are multilingual and plans on launching the following features:
- Crypto lending
- Crypto staking
- Non-fungible tokens (NFTs)