Best Cryptocurrency Exchanges in India
Indian Crypto exchanges are where crypto traders of India can buy, sell and convert different cryptocurrencies and NFTs (non-fungible tokens). They are necessary for digital assets to be traded at the scale they are today. Some exchanges offer the most competitive prices or speeds, whereas others provide specialized financial products. 29.8% of people in India invested in cryptocurrency as a long-term investment while 8.8% invested as a short-term investment. The Indian market interest in cryptocurrencies can drive revenue in the country.
Here, we’ll focus on the basics, highlighting the exchanges that make it easy to sign up, get started and carry out transactions without getting fleeced on fees. As with any investment, high fees can erode returns over time, and some exchanges offer more competitive fees than others.
Let us look into these some of the top 14 cryptocurrency trading platform below:
Founded in 2016, BYBIT INDIA is the safest crypto exchange in India at this moment. It is also the best rewarding exchange for any new users globally. The reason I call it the safest exchange is because of its proof of reserve which assures users that their funds are not invested anywhere. As a crypto investor, any user would like to make sure their funds are safe and they can withdraw it anytime he/ she wants. At the same time, if you would like to be a professional crypto investor, you can opt to become the Bybit VIP which gives you a luxurious experience while trading and a lot of gifts of course.
It has zero spot trading fees and the best liquidity at this moment. Right now, there is a special bonus where if you sign up for a Bybit account using this link, you get a $20 USDT bonus and receive up to a $4,000 bonus when you complete all the tasks available on their platform.
Bybit prides itself with its 24/7 professional customer support, you can reach out to them to answer any queries that you face. This is a very commonly requested feature in the Indian market and they have done it extremely well.
The Bybit cryptocurrency exchange first appeared in 2018. It is a standalone derivative trading platform with inverse and perpetual futures contracts with up to 1:200 leverage. Quarterly USD futures are available at Bybit in combination with BTC, ETH, XRP, EOS, LTC, and multiple tokens. There is a linear futures contract on BTC/USDT. The exchange has several technological advantages: it provides for mutual insurance of market participants against possible sharp price movements. There are offsets for long and short positions, and there is market depth.
Bybit India also makes overall community support very effective by conducting regular competitions and offers. Seeing all the features in mind, we have placed it as the top exchange right now in India.
2. COIN DCX
One of the fastest growing cryptocurrency exchanges in india, Coin DCX was founded by Neeraj Khandelwal and Sumit Gupta in 2018. It is one of the most trusted exchange platforms in India and has over one crore users till date. People can trade, sell, and attain courses regarding crypto on Coin DCX.
It is a NFT Marketplace where people can buy and sell cryptocurrency exchange and bitcoin. It is also one of the most trusted NFT marketplace for all creators and artists all over India. Wazirx was founded by Nischal Shetty in 2017. Its headquarters are in Mumbai, India.
Coinswitch is the biggest crypto app in India with over 18 million users. It is backed by some of the world’s biggest investors like a16z, Tiger Global and Sequoia Capital. The company is based in Bangalore, Karnataka, and was founded in 2017 by Ashish Singhal. The company aims to enable people to make easy, safe, and simple investments in the Crypto world.
It is one of the fastest and easiest cryptocurrency exchange platforms in India. It is founded by Gaurav Dahake on December 14, 2017. The exchange platform has over 3.2 million users. The platform allows to trade over 300+ coins and digital assets, bringing in an average monthly trading volume of $1.5 billion.
Zebpay was founded in 2014 by Sandeep Goenka, Mahin Gupta and Saurabh Agarwal. People can trade over 150+ coins on this crypto exchange platform. It has achieved over $10 billion in fiat transactions and has currently over 5 million users. The company headquarters are in Singapore.
7. UNO COIN
It is India’s leading bitcoin company founded by four people- Sathvik Vishwanath, Harish B V, Abhinand Kaseti and Sunny Ray. They aim to make bitcoin a part of everyday household without any hassle and securely. People can buy, sell, exchange bitcoins, conduct over the counter (OTC) trading on the Unocoin App. They have investors backing up like Blume Ventures, Digital Currency Group, Mumbai Angels and BoostVC.
It is india’s one of the fastest growing cryptocurrency exchange and bitcoin app which enables to buy more than a hundred cryptos at the best Indian currency rate, with the highest liquidity. It is founded by Shaaran Laxminarayan in March 2020. Its headquarters are in Bangalore, Karnataka.
Probit Global is owned by Ronald Chan and was founded in 2018. It is registered in Seychelles and its headquarters are currently located at Estonia. This cryptocurrency trading platform allows traders to buy, sell, exchange over 800+ coins and has over 2 million active monthly users. Apart from trading, it also provides basic and intermediate courses to cryptocurrency enthusiasts. The company has partnered with Block Raise, B R Group, Simplex, Token Minds, A+Ventures and many more.
BuyUcoin is founded by Shivam Thakral on July 2016, and is based in Delhi NCR, India. It is a crypto wallet and exchange platform where traders can transact with Bitcoin, Ethereum, ripple, etc. and other digital assets. They are striving hard to achieve their goal of bringing cryptocurrencies in a million Indian pockets. It is a registered entity of iBlock Technologies Ltd.
It is one of the world’s leading cryptocurrency trading platforms which is highly stable, secure, efficient, flexible, and diverse. It is owned by Marcy Boyle and is based in Hong Kong, Japan. It holds the record of zero losses to any of its user assets due to platform security weakness. The company has co-associations with companies like CoinGecko, CryptoRank, DuckDAO, and HUSD.
Giottus provides a trading platform for all kinds of investors- beginner and advanced. It is one of the easiest platforms where people can start their crypto investment journey. It is founded by Vikram Subburaj and Arjun Vijay and is based in Chennai, Tamil Nadu. Their motto is ‘Viva La Revolution’ and aims to build a revolutionary world where crypto gets the recognition as much as normal currency.