A cryptocurrency exchange, or a digital currency exchange, is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.
What are the Best Crypto Exchanges in India?
Wazirx is an Indian subsidiary of Binance Holdings, one of the largest cryptocurrency exchanges in the world. The trading platform, which is available on Android, iOS, Web, Mac, and Windows, has over 6.5 million registered investors. In June 2021, the exchange processed crypto transactions worth $6.2 billion. The platform’s peer-to-peer (P2P) system is one of the most fascinating features available on exchanges.
CoinDCX is one of the most popular crypto trading platforms in India. The Mumbai-based startup has more than 4 million inventors registered on its platform which was launched way back in 2018. Investors can trade in more than 200 cryptocurrencies on CoinDCX, which only charges a nominal trading fee. Most importantly, the platform offers free deposits and withdrawals to its clients. You may remember CoinSwitch Kuber from their marketing blitz during the Indian Premier League (IPL). The exchange, which was launched in 2017, lets investors trade with as little as Rs 100.
- CoinSwitch Kuber
CoinSwitch Kuber allows investors to trade in over 100 cryptocurrencies. It claims to have more than 3 million investors. Starting in 2013, way before the crypto-mania gripped the world, Unocin is one of the oldest crypto trading platforms in India. The platform currently has over 1.5 million registered investors. Investors can buy or sell cryptocurrencies with INR. Investors can also recharge their mobiles and pay for their DTH bills using Bitcoin on the Unocoin platform.
Bitbns is a lesser-known crypto platform in India. However, the exchange is said to be one of the best for investors starting their crypto investment journey. Bitbns exchange offers grade-A security to its investors and accepts payment modes such as UPI and net banking.