Top 8 Cryptocurrency Exchanges in India in 2022 – India has a lot of crypto exchanges, but how do you know which one to trust? In this guide, you’ll find the best Cryptocurrency exchanges in India for 2021 that let you trade in different altcoins.
Many people thought that Satoshi Nakamoto, who created Bitcoin under an alias in 2009, created the first Cryptocurrency. Made the first one in the new age of blockchain technology, where cryptocurrencies were born.
When Satoshi Nakamoto had his idea, he didn’t plan to make Cryptocurrency. This might make you feel better. Instead, he wanted to make a cash system that worked well but wasn’t controlled by one place. But Satoshi, the man who came up with the idea for Bitcoin, disappeared without a trace after three years of working on it.
People started investing in Cryptocurrency after 2011 when similar cryptocurrencies like Litecoin came out. Also, as inflation rose and people looked for ways to get more stimulus, many people started investing in crypto.
The market is heating up right now, whether it’s Bitcoin, Dogecoin, Cardano, Tether, Shiba Inu, or something else.
Crypto isn’t wholly legal yet, but people from all over the world invest their money in digital assets and make great returns. In 2021, there were many more investors, which led to the best cryptocurrency exchanges being set up in India and all over the world. The main thing that changed how people thought about investing in digital currencies was when regulators finally let companies start their businesses.
Top 8 Best Places to Trade Cryptocurrencies in India
Looking forward to buying Cryptocurrencies on sale and putting your money in them? We made it easy for you by finding the most trustworthy cryptocurrency exchanges in India that won’t try to steal your money.
Here are the best cryptocurrency exchanges in India where you can trade altcoins like Dogecoin, MATIC, Bitcoin, and many others:
1. WazirX
WazirX is one of the Indian cryptocurrency exchanges that is growing the fastest. The platform has more than 1 million users who can trade and invest in more than 100 crypto assets. This gives many investors a good chance to make money.
The exchange is part of the Binance group, which is the largest cryptocurrency exchange globally and is known for managing the investments of its users all over the world.
Most people know WazirX for making a useful Peer-to-Peer (P2P) engine. It makes it easy for Indian traders because it automatically changes the prices of crypto coins to Indian Rupees (INR). The platform also has a Smart Token Fund that helps people just starting. STF helps them find skilled traders who can manage their cryptocurrency portfolios.
The exchange also has an easy-to-use interface on both mobile devices and laptops, and signing up and getting verified is faster than most other crypto exchanges.
2. CoinSwitch
Coin switch was started in 2017 and is a global marketplace for cryptocurrencies. It has more than 300 coins to trade or invest in and more than 45,000 currency pairs. It is an easy-to-use platform for exchanging Cryptocurrency, and its market rates are competitive compared to those of other exchanges.
The platform is a part of Kuber, a company that has grown by more than 350% since January 2021. As of August 2021, the exchange has more than 4.5 million users and has processed $5 million worth of transactions in the ten months since it opened.
The prices of all crypto assets are shown on the platform in INR, and customer service is available 24/7.
3. Binance India
Binance is one of the most popular cryptocurrency exchanges in India. It lets many users trade over 350 altcoins, such as Bitcoin, Litecoin, Ethereum, Bitcoin Gold, Cardano, etc.
The best thing about this platform is that investors get interested in all their investments. Also, like WazirX, Binance India lets you trade peer-to-peer, use advanced trading methods like futures contracts and margin trading, and so on.
Binance India lets users store crypto coins for reasonable fees and get loans using the crypto assets they own as collateral.
4. CoinDCX
CoinDCX is the biggest cryptocurrency exchange in India. It gives investors the chance to make a lot of money by investing in more than 200 different cryptocurrencies.
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CoinDCX has a simple and easy-to-use user interface that makes it easy for newcomers to understand how to deposit, withdraw, and trade altcoins.
5. UnoCoin
The Bangalore-based company was the first in India to start doing business with Bitcoin. UnoCoin was formed in July 2013. Investors can buy, sell, and do business with Bitcoin, Ethereum, and many other cryptocurrencies.
It claims to have more than 13 lakh users and a turnover of hundreds of crores, year over year.
It is one of the best places in India to exchange Cryptocurrency. The app for the platform has a feature called “schedule sale” that lets customers sell their investments automatically.
When you buy or sell altcoins on UnoCoin, you have to pay a fee of 0.7%, which is higher than most other cryptocurrency exchanges. But the exchange is reliable, and if you upgrade to a Golf membership, you can even lower the trading fees to 0.5 percent.
6. Zebpay
Zebpay, the second most popular cryptocurrency exchange in India, makes it easy to trade altcoins. The platform is known for putting out trading apps for cryptocurrencies when none were on the market.
The platform has a simple sign-up and verification process and an easy-to-use interface. Plus, it works with the “refer a friend and get paid” feature.
It charges fees for trading in all price ranges, and it also costs 0.0001 BTC per month to be a member. The developers of Zebpay say that if you buy crypto assets through this app, you can avoid the fees, which are 0.15 percent for the maker and 0.25 percent for the taker. But if you do intraday trading (buying and selling on the same day), you will pay 0.10 percent in fees.
7. BuyUCoin
BuyUCoin is one of the best cryptocurrency exchanges in India. It lets investors buy, sell, store, and trade more than 130 different crypto assets, such as Bitcoin, Ripple, Litecoin, etc.
The platform gives its investors a chance to make money by charging a small fee for each transaction and margins for quick and easy trades.
8. Kraken India
Kraken India: The Best Places to Buy and Sell Cryptocurrencies in India
Kraken was founded in 2011 as a cryptocurrency exchange based in the United States. It is listed as one of the best places to trade cryptocurrencies in India and worldwide.
The platform has well-designed charting tools, and low trading fees are a big plus for users.
The exchange also has a massive presence around the world and the third-largest trading volume globally.
The platform has excellent customer service because investors can get help via text, phone, and email, 24 hours a day, seven days a week. Kraken’s way of making payments and holding digital assets is strong and safe because it adds to a higher level of security and infrastructure.
Note: Only invest money you can afford to lose in Cryptocurrency because the market is volatile and there are market risks. Many people make a lot of money and make a lot of money compared to other trading methods and businesses, but the risk is also high.
After a lot of research, a list of the most popular cryptocurrency exchanges in India is made to meet the needs of all types of investors. So, putting your money into any of the above discussions is safe because they all have strong security, charge a small fee for transactions, and have a good reputation.
