Top 5 Crypto Exchanges In India

reviewsfx June 7, 2022

7 min read

You might have surely heard of the phrase 'Cryptocurrencies are the future,' and it is very true to a great extent.

The reasons to support this phrase are the ever-increasing value and wide adoption of these digital assets worldwide.

Just like in global markets, the crypto industry has also been experiencing enormous popularity in the Indian financial market.

Despite the strict regulations and higher tax rates in the country, Indian investors are shifting toward these digital assets.

So, if you're too looking to start trading cryptocurrencies but unsure where to start? Here are the top 5 crypto exchanges in India.

5 Best Crypto Exchanges In India:

Crypto exchanges work as a bridge between a trader and the cryptocurrency market. Without them, you won't be able to trade cryptocurrencies.

So, here are the 5 best crypto exchanges in India:

WazirX:

WazirX is a popular crypto exchange in India which allow its users to buy, sell or trade cryptocurrencies anywhere, anytime.

Founded in 2017, the crypto exchange has over 12 million active users on board. The exchange offers an advanced platform and a set of good trading tools to enhance your trading experience.

Additionally, WazirX mobile app is a great option for modern traders through which they can trade, perform analysis and enable automated trading.

Reasons to Choose WazirX:

Advanced Trading ToolsIntuitive and User-friendly InterfaceInteractive Mobile Application 24/7 Customer SupportAttractive Referral Bonuses and Discounts

InvestBy:

InvestBy is a brokerage platform that has recently started offering financial services in India. Along with cryptocurrencies, the platform offers trading on various other financial instruments.

Currently, the platform offers to trade CFDs on 30+ popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, etc.

The top features of this brokerage platform include no limits on open positions, no commission charges on deposits and withdrawals, and flexible trading conditions.

The best part of using InvestBy is that it provides a free demo account for practicing and testifying the trading strategies.

The main reason for adding this brokerage platform to our list of top 5 crypto exchanges in India is its best-in-class and top-notch trading services.

Reasons to Choose InvestBy:

Free Demo Account for PracticingIntuitive and User-friendly InterfaceZero Commission24/7 Customer SupportHassle-free deposits and withdrawals

CoinSwitch Kuber:

Coinswitch Kuber is one of India's most popular and trusted crypto exchanges. The exchange aims to provide a smooth trading experience by providing advanced and intuitive platforms.

In terms of crypto transaction volume, Coinswitch Kuber has so far processed transactions worth $5 million.

For additional security of accounts, the exchange makes it mandatory to complete KYC requirements.

On the other hand, the crypto exchange offers 80+ crypto coins to trade-in. Additionally, the exchange serves 150+ countries, including India.

The best part of trading with Coinswitch Kuber is that it allows users to trade for as low as Rs.100.

Reasons to Choose Coinswitch Kuber:

Wide Range of Cryptocurrencies AvailableStrict Security FeaturesEasily understandable platforms24/7 Customer SupportLow minimum deposit requirements

ZebPay:

ZebPay is another popular and best crypto exchange in India. Launched in 2014, the platform claims to have processed $10 million worth of transaction volume.

Although the platform was launched in India in 2020, it has still managed to attract millions of users in such a short time.

The main focus of this crypto exchange platform is on the security of its clients. For this, it safely stores 98% of digital assets in cold wallets.

Additionally, the platform's reward program ZebPay Earn lets users earn passively up to 5% return on their investments.

On the other hand, you can also lend your cryptocurrencies on this platform to get up to 10% interest on your lendings.

Reasons to Choose ZebPay:

Top-class Platform SecurityAttractive Offers and Reward ProgramsUser-friendly Interface 24/7 Customer SupportUp to 10% interest on Crypto lending

CoinDCX:

Launched in 2018, CoinDCX has become the popular choice of every Indian crypto investor in such a short time. That's why we have included CoinDCX in our list of top 5 crypto exchanges in India.

Currently, the exchange focuses on the Indian market and has successfully onboarded over 10 million active users.

Additionally, the exchange claims to conduct regular security audits to enhance the existing security protocols to provide the best possible to its clients.

The best feature of this crypto exchange is its low fee structure, which simply adds extra to your profits.

On the other hand, the platform also offers the 'Refer and Earn' program, through which traders can earn while referring their friends and family members to this platform.

Reasons to Choose ZebPay:

Top-notch Platform SecurityAttractive Referral ProgramsEasy to understand Interface 24/7 Customer SupportLow fee structure

The Bottom Line:

Above, we have discussed the top 5 crypto exchanges in India. Each of these crypto exchanges has different features and services, making them unique and best in their own way.

Additionally, we have analyzed and researched these crypto exchanges based on their fee structure, features, and product offerings.

So, before choosing a particular crypto exchange, we suggest you compare all features of these crypto exchanges so that you can get the best. In addition outside India, the best broker platform is InvestFW. Read full InvestFw Review

FAQs:

Which Crypto Exchange has the Lowest Fees in India?

CoinDCX offers the lowest fee structure in comparison to other crypto exchanges available in India. The platform charges 0.10% for takers and 0.15% for maker fees.

Which Trading Platform Is Best for Cryptocurrencies?

Whether you're a beginner or a professional crypto trader, there is no better place to trade cryptocurrencies than InvestBy.

Is Crypto Trading Taxable in India?

Yes, the Indian government has imposed a flat tax rate of 30% on any income from the transfer of any digital asset.

Is WazirX Safe?

WazirX is one of the most popular and trusted crypto exchanges in India. Having been served in over 180 countries, the platform is considered the safest platform to trade cryptocurrencies.