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Top Crypto Exchanges In India To Safely Buy Cryptocurrencies

Confused about which crypto exchange you should use to trade cryptocurrencies? We have compiled a list of best crypto exchanges

<div class="paragraphs"><p>Source: Pierre Borthiry on Unsplash&nbsp;</p></div>
Source: Pierre Borthiry on Unsplash 

Cryptocurrencies have exploded in popularity over the last few years in India and millions of Indians have started investing in cryptocurrencies through various crypto exchange services. However, for someone who is unfamiliar with the crypto space, investing in cryptocurrencies can be a bit intimidating. Although people can choose to buy cryptocurrencies from many different websites through P2P transactions, using crypto exchanges to buy cryptocurrencies is the safest and most widely used method. So we have compiled a list of the top cryptocurrency exchanges in India that you can use to buy crypto coins and tokens if you’re just starting out.

Best Cryptocurrency Exchanges in India For 2022

  • WazirX

  • CoinDCX

  • CoinswitchKuber

  • Unocoin

  • Zebpay

WazirX

WazirX is arguably the most popular crypto exchange in India with around 1.5 crore registered users. WazirX also offers an extremely wide variety of crypto coins and tokens for users to purchase. Moreover, the layout of the WazirX app is very intuitive and user-friendly. The exchange also has its own native cryptocurrency called WRX which can be purchased and traded with other cryptocurrencies on the platform. WazirX is also one of the only crypto exchanges in India to offer a P2P service to users. WazirX is available on the web, iOS, Android and Windows.

CoinDCX

CoinDCX is another very popular crypto exchange in India that is considered to be extremely safe and trustworthy by users. Apart from providing the crypto trading services that exchanges usually do, CoinDCX also provides several other services such as margin trading, futures, lending, staking and more. The CoinDCX platform offers many advanced trading options that experienced crypto traders can benefit from. CoinDCX also has very good security measures by using 2FA (2-factor authentication). Staking on the platform also allows users to earn interest on their deposited cryptocurrencies.

CoinswitchKuber

CoinswitchKuber is an extremely beginner-friendly crypto exchange for people who are just starting to dip into cryptocurrencies. Although the features and number of cryptocurrencies available on this exchange are somewhat limited, it’s still popular among users due to its ease of use and high security. The exchange has also created a ton of educational guides and videos that people can use to advance their knowledge about the crypto space. Moreover, CoinswitchKuber charges zero fees for any Bitcoin purchases or trades. It also offers crypto investment options like SIP into Bitcoin.

Unocoin

Unocoin is one of the oldest crypto exchanges in India and has been operational since 2013. This exchange offers more than 80 different cryptocurrencies for users to purchase and trade on their platform. However, compared to other crypto exchanges, Unocoin has much higher trading fees for carrying out transactions and the fees can really add up over time. Moreover, the minimum deposit amount under this exchange is ₹1000, which is considerably higher than other exchanges. However, the exchange also provides many referral schemes and offers to its users.

Zebpay

Zebpay is another very popular crypto exchange in India with more than 50 lakh registered users. The exchange is popular among crypto investors since it provides interest to the exchange users on the crypto they have purchased and are holding on the platform. It also offers more than 100 cryptocurrencies that users can buy and trade. Moreover, this exchange is not just limited to India, but also offers services in Australia and Singapore. It also has the option of fast payments through the lightning network.

This article does not intend to pass on any financial advice and BQ Prime does not endorse buying any cryptocurrencies mentioned above. Please invest at your own discretion.