To explore the answer, here is a carefully evaluated and ranked list of the top 8 Indian cryptocurrency exchanges/apps based on service, security, fees, and more criteria.
List of Top 8 Crypto Exchanges Apps in India
1. Flitpay
Launched in 2017, Flitpay has made a rock-solid and established reputation among Indian crypto traders. Its ensemble of top features, a vast collection of cryptocurrencies, smooth services, and a straightforward interface is second to none. This exchange secured the top spot on our list by running unaffected during the entire crypto winter.
Key Features:
No. of Cryptocurrencies: 100+
Minimum Deposit Amount: INR 100
INR Withdrawal Fee: INR 10
Platform Fee: 0.2% (on Market orders), 0 Fees (on OTC)
Withdrawal Status: Both INR & Crypto withdrawals available
Strengths: QBS, Earn feature & Crypto Gift cards
2. CoinDCX
DCX is one of the most well-known Cryptocurrency exchanges in India. Packed with dozens of attributes, this trading platform is best known for its derivative features like futures and options. But it recently received criticism for halting crypto withdrawals.
Binance owns the courtesy of being the biggest cryptocurrency exchange by trading volume worldwide. It gives users access to the most elite trading features with supreme-level security.
Key Features:
No. of Cryptocurrencies: 187
Minimum Deposit Amount: 500 INR
INR Withdrawal Fee: NIL
Platform Fee: 0.04% to 0.50% (depends on trading volume)
Withdrawal Status: Only INR withdrawals available
Strengths: Advance Trading & Earn feature
3. Binance
Binance owns the courtesy of being the biggest cryptocurrency exchange by trading volume worldwide. It gives access to the most elite trading features to its users with supreme level security.
Key Features:
No. of Cryptocurrencies: 350
Minimum Deposit Amount: 100 INR
INR Withdrawal Fee: NIL
Platform Fee: 0.02% to 0.1% (on Spot & Margin trades), NIL on P2P
Withdrawal Status: Both INR & Crypto withdrawals available
Strengths: Best in class features, Native token, Competitive fees
4. WazirX
WazirX is also a trusted name in the business, with over 6 million registered users. With P2P trading, a native WRX token, and over 450 trading pairs, WazirX is a solid choice for traders looking for an advanced cryptocurrency exchange.
Key Features:
No. of Cryptocurrencies: 225
Minimum Deposit Amount: 100 INR
INR Withdrawal Fee: 25 INR for instant withdrawal, 15 INR for NEFT
Platform Fee: 0.1% to 0.4% (depending on trading volume)
Withdrawal Status: Both INR & Crypto withdrawals available
Strengths: Native token, good number of trading pairs
5. CoinSwitch Kuber
If an attractive visual appearance and dynamic functioning are your priority in an exchange, CoinSwitch Kuber can be your right match. It offers multi-exchange trading for users to trade across multiple trading platforms with a single login.
Key Features:
No. of Cryptocurrencies: 80+
Minimum Deposit Amount: 100 INR
INR Withdrawal Fee: NIL
Platform Fee: 0.5%
Withdrawal Status: Both INR & Crypto withdrawals available
Strengths: Multi exchange trading, Basic & Pro versions
6. Unocoin
Founded in 2013, Unocoin has an old hand in the industry with good overall performance. However, Unocoin charges a significant custodial fee for inactive accounts, which may prove problematic for HODLers. The platform fee is also higher than many other exchanges.
Key Features:
No. of Cryptocurrencies: 75+
Minimum Deposit Amount: 100 INR
INR Withdrawal Fee: NIL
Platform Fee: 0.5%
Withdrawal Status: Both INR & Crypto withdrawals available
Strengths: Easy to use, secure
7. KuCoin
KuCoin is a global crypto exchange with various features like trading types, derivatives, staking, and lending. Through cutting-edge technologies and a community approach, KuCoin has become a popular choice among traders.
Key Features:
No. of Cryptocurrencies: 750+
Minimum Deposit Amount: 100 INR
INR Withdrawal Fee: $1 or 82 INR
Platform Fee: 0.03% to 0.2% (depending on trading volume)
Withdrawal Status: Both INR & Crypto withdrawals available
Strengths: Global presence, top features, competitive fee
8. Zebpay
Zebpay is a Singapore-based Crypto platform known for its trading and lending features. It is a reliable option for those wanting a simple yet efficient trading platform in India.
Key Features:
No. of Cryptocurrencies: 150+
Minimum Deposit Amount: 100 INR
INR Withdrawal Fee: 15 INR
Platform Fee: 0.06% to 0.95% (depending on trading volume)
Withdrawal Status: Both INR & Crypto withdrawals available
Strengths: Exchange & OTC trading, Easy to use
Choosing the best cryptocurrency exchange app in India is tricky for traders. However, by examining the parameters like security, fee structure, customer support, and seamless functioning, you can make an informed decision to get a convenient trading experience.
Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.
The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.
“Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click here!
Download The Mint News App to get Daily Market Updates.
Updated: 01 Nov 2023, 12:35 PM IST
