By paying a small amount per transaction, cryptocurrency exchanges allow users to purchase and sell cryptocurrency. Instead of buying cryptocurrency from scammers or unknown individuals, you can purchase people who need to pay to complete a transaction.
It is difficult to pick the right exchange when there are so many on the market. So, I’ve compiled a list of the best Cryptocurrency trading platforms in India.
Wazirx, an Indian cryptocurrency platform, is relatively young in India. Wazirx has the potential to be one of the top platforms in India, so don’t let the age fool you.
They charge traders 0.2% for each transaction. They provide a secure wallet where you can store your crypto safely.
We receive prompt responses from Wazirx support staff via Email. To provide extra security for customers, logins must use 2 Factor Authentication.
Wazirx has Peer-to-peer buying/selling to convert INR in USD for better purchasing power. Wazirx feature, STF (Smart traders funds ), allows beginners to let smart trader make their money.
The 20% that smart traders make from their investment is 20%. They offer mobile and desktop apps with good UI to help you check your account.
For more information, check out this Wazirx Review.
BuyUcoin, an Indian Exchange platform, offers a simple UI and great support. It was founded in 2016 but is not a brand new trading platform.
They have over 250K+ users who are registered and trade cryptocurrency.
BuyUcoin charges takers a trading fee in the range of 0.84% to 0.42%. This fee is significantly higher than that offered by Wazirx.
Standard fees in the industry include a 0.25% trading fee, making it less attractive for new traders. The platform is great because it does not have hidden fees like other platforms.
For the highest security possible, they provide a PCI DSS Compliant Payment gateway and 2-FA Real-time Customer Protection. They offer excellent support to customers via email.
CoinDCX is India’s first cryptocurrency trading platform. They support all major coins, including Bitcoin and Ethereum. They charge very little trading fees. They charge 0.1% maker fees and 0.1% taker fee.
CoinDCX trading fees are better than Wazirx. This allows traders to trade efficiently and without suffering losses in short term.
The company offers a mobile app that allows you to instantly check your assets and live prices. Their support team is the best on the market. They have an excellent support team. You can also ask any questions via an Email client.
Live chat support is also available on their website. This allows for faster support.
Unocoin was founded in 2013 and is one of the oldest cryptocurrency exchanges in India. Unocoin’s platform has over 1,50,000 registered users that trade cryptocurrency using it.
Unocoin allows you to buy and sell more than 15 different cryptocurrencies. Wazirx, CoinDCX, and Unocoin have slightly higher trading fees at 0.4% taker fees and 0.6% maker fees.
They charge 1.9% on Net Banking and PayUMoney deposits. Wazirx allows for newer methods, such as UPI, but the deposit options they offer are slightly lower than Wazirx.
There are no fees to withdraw money from your wallet into your bank account.
There are some issues with their customer service, such as the slow response time to customer inquiries. Vietsn I have not had any problems with their customer support.
These are the best crypto trading platforms in India. There are many other trading platforms but these are the most popular. Which trading platform are you using? Let me know.