Most Popular Crypto Currency Exchanges In India To Check Out


With more and more people participating in the crypto frenzy, a lot of platforms have emerged that are actively enabling customers to easily invest in the crypto market through an easy-to-use interface. These online services often work similarly to a stockbroker, giving you the tools to buy and sell digital currencies like Bitcoin, Ethereum, and Dogecoin.

While you are choosing the best cryptocurrency exchange for your needs, it’s imperative to understand its USPs, different pricing options, supported currencies, and technologies. This blog will help you understand some of the leading crypto platforms that offer the best services with one-of-its-kind crypto services.

WazirX

Inception in 2017, WazirX is one of India's leading crypto exchange platforms that is acquired by Binance Holdings. Binance is the world's largest cryptocurrency exchange platform with state-of-the-art technologies and multilingual support.

Available on Android, iOS, Web, Mac, and Windows, WazirX's P2P system simplifies the process of depositing and withdrawing fiat currency by auto-matching a buyer with a seller and ensuring safety and speed in trades.

The name on the WazirX platform is a utility token. This means in simpler terms, users can use it as an intermediary between currency trades where a direct currency pair isn’t available. The limit if one billion tokens can be applied. WRX is used in many transactions, including rupee deposits and withdrawals, rewards and incentives, financial services beyond currency trade, and so on. For example, users would pay their exchange trading fees — with up to a 50% discount — or purchase NFTs on the WazirX Marketplace using WRX tokens.

CoinDCX

Another popular platform with more than one lakh active users is CoinDCX. The Mumbai-based cryptocurrency exchange platform allows users to trade in more than 200 cryptocurrencies with minimal trading fees and free withdrawals as well as deposits. It is especially beneficial for investors who want to trade directly from INR to BTC on the platform. It draws liquidity from other exchanges, local and foreign. This is the best platform to begin researching more about this industry and is backed up by many notable names in this massive industry. CoinDCX was founded in 2018 by Neeraj Khandelwal and Sumit Gupta, and has his headquarter in Mumbai, India. At this given minute, around three billion INR is invested in this platform.

Zebpay

With enhanced security controls and fast payments methods, Zebpay offers trade across six EUR-Crypto pairs and five crypto-crypto pairs across Bitcoin, Ether, Litecoin, Ripple, Bitcoin Cash, and EOS. The platform additionally enables an easy-to-use interface that allows users to enjoy a unified experience. All one needs is a device with internet connectivity and one is all set to go. A new protocol with Zebpay is one of the easiest to use and also allows for smaller amounts with faster speed by scanning invoices. Zebpay is indeed the new platform to explore.

CryptoBiz

Accessible for all, Cryptobiz, is a leading crypto exchange platform that offers mobile based applications to channelize your interest in Crypto trading and investment. Accessible as a desktop application and a smartphone app, CryptoBiz provides a key locker, protected login, coin wallet, and currency transfer to help you administer your own virtual assets. It is the most straightforward and safe method to link to blockchain-based apps.

What makes CryptoBiz beneficial to new crypto traders is the fact that it has a very easy-to-use mobile app. It has a friendly interface that is highly intuitive for beginners. You can manage all your trades from your dashboard and even earn rewards for specific coins. The data from the app syncs to multiple devices so you can access it from anywhere. You also get analysis on your trade history, asset history, asset location, trades, and investment status.

CoinSwitch Kuber

Known for being an extremely popular platform for crypto trading, CoinSwitch Kuber enables users to start their trading with minimum rupees. CoinSwitch was established in the year 2017 and later launched its Indian cryptocurrency exchange, CoinSwitch Kuber. Today, it is ranked among the top crypto platforms with over 3 million active users. Investors like Sequoia, Ribbit Capital and Paradigm, etc have invested in the platform. Being of the most popular platforms, it has already seen a transaction of nearly $5 billion. The app developed is very user-friendly and can be used by beginners without much confusion.

UnoCoin

Founded in the year 2013, the CEO of this platform is Sathvik Vishwanath. This platform deals with the centralized exchange type of currency. Today, the platform caters to over 1.2 million users across the nation. The exchange allows its users to buy or sell Bitcoin with INR. Traders are also provided with a special bitcoin address that auto sells Bitcoin.

Another interesting feature of UnoCoin is that it enables users to recharge their cellphones and DTH using Bitcoin. It also supports a Merchant Gateway system that allows online businesses to accept Bitcoins as a mode of payment.

With over 150000 happy customers and $350+ million in sales, this platform is India’s best to date.

UnoCoin has some solid features with regards to fees - buying and selling bitcoins cost only 1% of the transaction values and also offers Gold membership that further reduces the cost. The other feature that catches the attention is the payment methods and two-factor authentication. The security provided by this platform is two-factor authentication, paper wallets, and email notifications. The customer support provided is also very user-friendly and has a drop-down menu to help the users use the app.

These are some of the most popular crypto exchange platforms that are currently revolutionizing the crypto industry. Very soon with the growth of this industry, we can expect to see more and more such platforms competing at the international level. The day isn’t far for this method to be considered the best in earning an income.