3 Best Cryptocurrency Trading Platforms in India

QuestionsCategory: WP APN3 Best Cryptocurrency Trading Platforms in India
Jacquelyn Blaxcell asked 6 hours ago

Cryptocurrency exchange platforms allow people to buy/sell cryptocurrency by taking a small fee per transaction. Instead of buying from unknown people who are more likely to scam you, you can buy from people who have to pay for <a href="bnb”>https://www.bybit.com/”>bnb a successful transaction.

When there are many exchanges available in the market, choosing one is not as easy as you might think. That’s why I have compiled a list of best Cryptocurrency exchanges in India.

  1. WazirX

    WazirX is an Indian cryptocurrency exchange platform which is relatively new in the market. Don’t let the age fool you, WazirX is one of the best platforms available.

They charge 0.2% fee per transaction which is good for traders. They provide a secure wallet for storing your cryptocurrency safely.

WazirX support team responds quickly for our queries through Email. All logins require 2 Factor Authentication for extra security to the customers.

WazirX offers Peer-to-peer buying/selling for converting INR into USD for better purchasing ability. WazirX has a feature called STF ( Smart traders fund ) which allows beginners to let <a href="smart”>https://www.vocabulary.com/dictionary/smart%20traders”>smart traders trade their money.

The so-called smart traders take 20% of the total profit they generate from the investment. They provide mobile as well as desktop applications which have good UI for checking your account easily.

Here is an in-depth WazirX review, if you want to learn more about it.

2. BuyUcoin

BuyUcoin is another Indian Exchange platform with a clean looking UI, good support team etc. Initially started in 2016, It is not at all a new trading platform in the market.

They have 250K+ registered users who trade cryptocurrency.

BuyUcoin offers a taker trading fee of 0.84% and a maker trading fee of 0.42% which is more than what WazirX offers.

The standard fees in the industry are 0.25% trading fee which makes it a less compelling option for new traders. Still, it is a great platform since there are no hidden charges unlike other exchange platforms in the market.

They offer a PCI-DSS Compliant Payment Gateway, 2-FA Real-Time Customer Protection for providing maximum security to the customers. They also offer great support to the customers via Email.

  1. CoinDCX

    CoinDCX is one of the first cryptocurrency trading platforms in India. They support a wide range of coins from Bitcoin to Ethereum. They have very low trading fees in the market. They charge 0.1% maker fees and 0.1% taker frees.

When compared to WazirX, CoinDCX offers better trading fees. This allows short term traders to trade efficiently without getting losses.

They offer a mobile app for checking out live prices, your assets and other things in a go. Their support is one of the best in the market. They have a great support team and you can ask your queries through an Email client.

They also offer live chat support on their website for even faster support.

  1. Unocoin

    Established in 2013, Unocoin is one of the oldest cryptocurrency exchange platforms in the Indian market. Unocoin has more than 1,50,000 registered users who trade cryptocurrencies using their platform.

Unocoin supports more than 15 cryptocurrencies for buying and selling. The trading fees are a bit higher compared to WazirX and CoinDCX at 0.4% maker fees and 0.6% taker fees.

They take 1.9% deposit fees on both Net Banking and PayU money. The deposit options are a bit lower compared to Wazirx which allows newer methods like UPI.

They have zero withdrawal fees for withdrawing funds to your bank account from your wallet.

Their support has some complaints since they respond slowly to <a href="customer”>https://www.cbsnews.com/search/?q=customer”>customer queries. But I have never experienced any problems with their support team.

Final Words

So these are the best cryptocurrency trading platforms in India. Even though there are a lot of other trading platforms available, These are the most popular ones. Which trading platform you use ? Let me know

Samba Siva is the man behind Bitcoguides . He loves to write about cryptocurrency trading and investments. Don’t forget to check out my blog and also the in-depth WazirX review