Cryptocurrency (for example, Bitcoin) is considered as a digital form of money and as a medium of investment or trading for the current generation.
First of all, cryptocurrency is completely legal in India and you are completely free to buy/sell and trade any cryptocurrency in India.
To buy/sell cryptocurrency, you will need a platform where you can buy cryptocurrency from Indian rupees. In this blog, we are gonna talk about the best 5 cryptocurrency exchanges in India where you can buy or sell crypto, invest in crypto, and trade in crypto as well.
To know more about cryptocurrencies, you can visit on:
In Indian crypto exchanges, you can add funds from UPI, PayTM, Bank transfer, google pay etc. After adding funds, you can purchase any cryptocurrency you want. Some examples of crypto include Bitcoin, Ethereum, Polkadot, Tron, Cardano, etc.
The top 5 exchanges that we are gonna talk about in this blog are:
We will discuss all the above crypto exchange platforms in detail with all their pros and cons. So, let’s start:
WazirX is India’s largest and best cryptocurrency exchange platform. It is backed by the world’s largest crypto exchange platform Binance. The platform is fully trustworthy and you can buy/sell or trade-in crypto on this platform using Indian money.
If you are a beginner in the cryptocurrency market, I completely recommend you to start with WazirX. WazirX India has more than 10 lakhs users and they are increasing at a great pace.
In this section, we are going to give a complete review of the WazirX exchange platform.
In WazirX, you can deposit money through UPI, Google Pay, Phone Pe, Bank Transfer etc. Wazirx provides great features on its website wazirx.com.
Some of the great features of WazirX include:
- Fast and secure platform
- Low trading fees
- Easy to use the platform (User friendly)
- Auto place orders
- Advanced features such as graphs and patterns
- All mobile applications available
- Best for beginners
KYC is necessary in all crypto platforms. In WazirX, KYC nearly takes 1-3 days to complete.
CoinDCX is another good platform for buying, selling, or trading crypto. This platform is a little bit costlier than WazirX. If you are having some difficulty with WazirX, you can try the CoinDCX platform as well.
CoinDCX also provides the facility for staking various crypto so you can earn money on crypto even if their price is not changing. CoinDCX is also a trusted crypto exchange platform. The CoinDCX platform is very easy to use and user-friendly.
If you are interested in signing up on CoinDCX, you can sign up on CoinDCX using the below link and you can earn signing bonus of $25 as well.
You can also use my referral code 97710121 of CoinDCX to earn sign up bonus:
CoinDCX referral code – 97710121
Some of the major advantages of using CoinDCX platform include:
- Strong security features
- 24/7 customer support
- Easy User Interface
- Low fee
- Safety of funds
- Instant deposit and withdrawl
CoinDCX also has a great pool of users. Currently, CoinDCX has more than 2 lakhs active users. This platform is growing at a good pace.
KYC completion is necessary in CoinDCX also to start trading in cryptocurrency.
Another great crypto exchange for Indian users is CoinSwitch. This platform is less popular than WazirX but this platform is also a safe and secure crypto trading platform.
This platform allows Indian users to buy 100+ cryptocurrencies like Bitcoin, Ethereum, Ripple, etc easily, at the best rate, with a variety of payment options being offered.
Coinswitch is also a great platform for beginners in crypto exchange as the platform is very user-friendly. You can sign up on CoinSwitch by going to the below link:
Some of the major advantages of using CoinSwitch platform include:
- Simple User Interface
- Supports 100+ cryptocurrencies
- Instant deposits and withdrawls
- Low fee
- Safety of funds
- Fast KYC
To enable crypto trade on CoinSwitch, you first have to complete your KYC.
Some part of this blog is in progress.