Cryptocurrency Exchanges In India 2021
Top 5 Best Cryptocurrency Exchanges In India 2021
The value of cryptocurrency depends on its demand and purchasing power. People are likely to be attracted towards it more & more due to drastic rise in price of Bitcoins .
Why we need Cryptocurrency exchange ?
Since Bitcoin is not a physical currency & not governed by any government or financial institution , we can’t purchase it in the same way as we buy gold or other physical assets .
To counter this problem , we established cryptocurrency exchanges . A cryptocurrency exchange allows the user to buy, sell or trade cryptocurrencies in the same way as the stock market exchange .
Here is a list of top 5 cryptocurrency exchanges in India
1.CoinSwicth :
CoinSwitch is one of the best crypto exchange aggregators in the world, supporting most of the countries in the world, including India. CoinSwitch is spearheaded by their crypto enthusiasts from India and has been operating since 2017.
CoinSwitch supports more than 300 cryptocurrencies and 45,000 trading pairs.
CoinSwitch is partnered with leading exchanges and crypto wallet institutions like Binance, OKEx, Guarda, Coinomi, and many more. CoinSwitch will provide you with answers to questions like how to buy Bitcoin in India after the RBI ban, and how to initiate bitcoin investment in India.
The platform also released another version of their platform named Coinswitch Kuber which is comparatively user friendly and also has an app on the Android play store and the Apple store as well. The platform also provides the ability to conduct transactions using a number of fiat currencies and via credit/debit cards too.
Features:
· CoinSwitch is a very user-friendly crypto exchange platform
· It offers competitive market rates as compared to other exchanges
· 24/7 Customer service assistant
· Supports the purchase of digital assets using INR
2.CoinDcx:
CoinDcx is one of the world’s most versatile crypto exchange platforms, allowing you to trade in 200+ coins with the highest liquidity. It has a simple and convenient user interface that supports limitless trading on the CoinDcx exchange platform.
It is especially beneficial for Indian users as they can use trade INR to BTC on the platform.
· Simple, Fast and Secure
· 200 + coins can be traded
· Trading fee as low as 0.1%
3.WazirX:
WazirX is India’s most trusted Bitcoin exchange. It offers you a trading experience across all platforms viz on Web, Android, iOS etc. WazirX has a simple and efficient design that caters to both first time investors and professional traders.
WazirX has created a token for itself called WRX, and There will be a maximum of 1 Billion WRX coins ever produced.
Features:
· Highly secured
· Accessible across platforms
· Instant transactions
4. ZebPay:
ZebPay has served over 3 million members since 2014. The interface of the exchange is clean, intuitive and simple with advanced trading features. You can trade across five crypto-crypto pairs with zero deposit fees. It has multi-layered security protocols to protect the privacy and data of the user.
Features:
· Competitive rates
· Robust API
· Trade across devices
· Enhanced security controls
5. Unocoin:
Unocoin is one of the most trusted places to trade Bitcoin, Ether and Tether. The platform helps the user to buy, sell, and exchange digital assets.
Unocoin offers unique OTC (Over The Counter) services that enable bulk trade and SIP (Systematic Investment Plan) feature that allows users to set aside a specific amount which will be automatically deducted from their linked bank account each month for the purchase of digital asset at the prevailing market rate.
Unocoin is India’s first entrant in the Bitcoin space.
Features:
· OTC and SIP features
· Trusted exchange
· Accepts INR for purchases