During the lockdown period, the Indian financial market was highly invested in digital coins. They were looking for new opportunities at home, and the crypto market was booming.
But trading in cryptos is not easy. Traders require the best Indian crypto exchange for trading support. Here are the top six Indian crypto exchanges that traders can invest with.
So, let’s dig in and learn about the Indian crypto exchanges.
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Top Crypto Exchanges
The increase in the popularity of the crypto market in India is raising the level of technology available. Traders can have the tools, indicators, trading platforms, and several other facilities.
However, these services can be availed in a single place through crypto exchanges. The market has some of the best Indian crypto exchanges. Below we have discussed the crypto exchanges individually for traders’ understanding:
WazirX
WazirX is one of the most popular crypto exchanges in India. It emerged in 2018 and became the most trusted and largest Indian crypto exchange.
Nischal Shetty is the firm’s founder and a key market player.
The exchange has over 2 million customers, and many are still joining. In addition, the exchange has low trading fees. It charges 0.2% for both the maker and taker structure.
Also, it charges zero fees for USD/INR transactions. However, the smart token fund transactions charge 25% of the profit. The minimum buy order at WazirX is 5 USDT, and the maximum is 100,000 USDT.
The withdrawal fee at the trading platform is 0.0006 BTC.
UnoCoin
UnoCoin is the best Indian crypto exchange. It has around 1,50,000 customers with high market popularity. Traders can easily invest with it to trade in digital currencies. The revenue of the exchange is $350 million.
The exchange is a long-term vision trading platform. The exchange began operations in 2013 to make Bitcoin more accessible to the billions of users in the country.
Traders at UnoCoin can have a bit high trading fees with a 0.7% commission. Plus, it has a 15% government tax on transaction fees. Also, there are maker and taker fees of 0.4% and 0.6%, respectively.
CoinDCX
CoinDCX is the safe cryptocurrency exchange available in India. Traders can have a wide range of crypto products on the platform. The minimum investment on the platform is INR 100.
Traders can use margin trading, futures, options, tools, and indicators to invest in cryptocurrencies. Also, the platform is available on mobile phones for easy market access.
The fee structure at CoinDCX is low, with 0.2% maker and taker fees. Besides, traders can deposit funds via NEFT, IMPS, and RTGS.
Binomo
Binomo is a legitimate crypto exchange in India. It has proper regulations and authorisation to operate and offer the best services. The exchange caters to more than 113 countries but is more famous in India, Brazil, Indonesia, Turkey, and Vietnam.
The exchange was founded in 2014 with the ownership of Dolphin Corporation. It has more than nine lakh clients, and many transactions take place on it daily. The fee structure of Binomo is low compared to other online exchanges.
CoinSwitch Kuber
CoinSwitch Kuber is a known name in financial services. Crypto exchanges provide the best rates for trading Bitcoin. Traders can easily invest in Bitcoin or other available coins.
The trading fees at Kuber are between 0% to 0.5% on the transaction. So, it is the best crypto exchange with low fees. Other than this, traders can have instant trading, zero brokerage, and the best prices for coins.
Zebpay
The Indian crypto exchange is a good option for traders to invest. They can buy and hold Bitcoin on the platform. Moreover, it supports several other major cryptocurrencies.
Users can open their accounts on this simple-to-operate crypto exchange. In addition, the exchange is highly known for its best crypto wallet. Thus, users can have their funds secure with the Zebpay crypto wallet.
The trading fees at Zebpay are 0.15% for the maker and 0.25% for the taker fees. The withdrawal fee is 0.00049 BTC for Bitcoin transactions. Also, it charges INR 10 for withdrawing funds.
Overall, a good option for Indian trades to invest in the crypto world.
Conclusion
Indian market trading requires knowledge of the regulations in the country. Traders have to choose the exchange with SEBI validation. They are authentic with the best services.
The article gives the best Indian crypto exchange that traders can invest with. WazirX, UnoCoin, Binomo, CoinDCX, Zebpay, and CoinSwitch Kuber are the six top Indian crypto exchanges.
The exchanges have their qualities that can help traders invest. Go through the article to learn more.
