Looking for the safest and best crypto exchanges in India? We’ve got you covered. In this article, we’ll explore the top Indian crypto exchanges to consider in 2024.
.webp)
Best Indian Crypto Exchanges in 2024
With numerous crypto exchanges in India, it can be challenging to find the right one. We’ve compiled a list of the best Indian crypto exchange options based on safety, minimum deposit sizes, coin diversity, mobile app availability, user numbers, and unique features. Choosing the best crypto exchange in India involves personal preferences, so thorough research is crucial.
Key Factors in Choosing a Crypto Exchange
Finding a secure, low-fee crypto exchange in India can be daunting. Our list aims to simplify this process by highlighting some of the best options. Remember, choosing the best app for cryptocurrency in India requires careful consideration of your needs.
Top Indian Crypto Exchanges
| Exchange | Cryptocurrencies Available | Trading Fees | Deposit | Withdrawal | Payment Methods | KYC |
|---|---|---|---|---|---|---|
| WazirX | 250+ | 0.10% to 0.40% based on volume | Free | Varies by coin | Currently suspended | PAN Card |
| CoinDCX | 100+ | 0.04% to 0.50% based on volume | Free | Free | UPI, Debit/Credit Card | PAN Card |
| Bitbns | 400+ | 0.25% with BNS holder discounts | Free | Free except instant | UPI, Bank, P2P USDT | PAN Card |
| Mudrex | 150+ | 0.2% | Free | Up to 2% | UPI, USDT, Bank Transfer | PAN Card |
| Coinswitch | 170+ | 0% to 0.49% based on exchange | Free | Free | NEFT, RTGS, IMPS | PAN Card |
| ZebPay | 100+ | 0% for crypto-crypto, 0.5% crypto-fiat | Free | Free | IMPS, NEFT, RTGS | PAN Card |
| Paxful | BTC, USDT, USDC | 0.5% for conversions | Free | Up to 1% | ACH, Credit/Debit Card, PayPal | Photo ID |
| Binance | 500+ | 0.0120% to 0.1% based on volume | Varies by method | Varies by method | P2P or third party for INR | Photo ID |
| Unocoin | 50+ | 0.2% makers, 0.3% takers | Varies by method | Varies by method | IMPS, NEFT, Credit/Debit Card | PAN Card |
Detailed Exchange Reviews
WazirX
.webp)
WazirX, one of the largest crypto exchanges in India, launched in 2018 and is part of the Binance group. With 6 million users and $5.4 billion traded monthly, WazirX is a reputable platform. It supports 250+ cryptocurrencies and has a mobile app available for iOS and Android.
Security: WazirX employs 2FA, OTPs, a bug bounty program, and regular security audits. It has not been hacked, although individual accounts have been compromised through phishing.
Fees: Trading fees range from 0.10% to 0.40%, based on 30-day trading volume and WRX holdings. INR deposits, withdrawals, and trading pairs are currently suspended due to regulatory uncertainties.
KYC: Required with a PAN card for verification.
CoinDCX
.webp)
Launched in 2018, CoinDCX boasts over 10 million users and offers spot, margin, and futures trading. They also provide earning opportunities through lending and staking and have a comprehensive learning program.
Security: CoinDCX operates on four security principles and stores 95% of funds in multi-sig, cold wallets. Only 5% of assets are kept in hot wallets, insured by BitGo.
Fees: Trading fees range from 0.04% to 0.5%, based on 30-day trading volume.
KYC: Required with a PAN card.
Dunes Restaking Crypto Airdrop
Bitbns
.webp)
Founded in 2017, Bitbns is a user-friendly platform supporting a wide variety of cryptocurrencies. With over 4 million users, it is a top exchange by trading volume in India.
Security: Bitbns employs 2FA and offers Google authentication. It suffered a minor hack in early 2022.
Fees: Trading fees range from 0.25% to 0.03%, with discounts for BNS holders.
KYC: Required for fiat transactions.
Mudrex
.webp)
Mudrex is an investment app that simplifies crypto investments for Indian users. It offers Coin Sets and vaults for passive income.
Security: Partnered with Binance Institutional Custody, Mudrex has a $100 million insurance fund and a $1 billion SAFU fund.
Fees: Charges 0.2% per transaction.
KYC: Mandatory for all users.
Cookie3 Airdrop Guide: Potential Airdrop
CoinSwitch
.webp)
Launched in 2017 and based in Bengaluru, CoinSwitch is an app-only exchange with over 10 million downloads. It connects traders to various exchanges to find the best rates.
Security: CoinSwitch holds ISO 270001 and SOC2 Type 2 certifications, with 2FA and OTP.
Fees: Varies based on the exchange used.
KYC: Mandatory.
ZebPay
.webp)
Relaunched in India in 2020, ZebPay offers a range of services including OTC trading and lending. With 5 million users and over $10 billion traded in fiat, ZebPay is a prominent exchange.
Security: Uses proprietary security protocol Omnitrixx, with 98% of assets in cold storage.
Fees: 0% for crypto-crypto trades, 0.5% for crypto-fiat trades.
KYC: Required.
Gemz Fun airdrop: Complete Guide to the Potential Airdrop
Paxful
.webp)
Paxful, a global digital marketplace and wallet, allows users to buy and sell cryptocurrencies. They focus on educational initiatives like La Casa Del Bitcoin in El Salvador.
Security: Partners with iProov for biometric authentication and offers 2FA and OTP.
Fees: 1% fee for sellers.
KYC: Required.
Binance India
.webp)
Binance India, part of the global Binance exchange, offers a wide range of products and services. With over 500 cryptocurrencies and 28 million users, Binance is the largest exchange in the world.
Security: Includes 2FA, cold storage for most assets, and real-time monitoring.
Fees: Maker and taker fees based on monthly trading volume.
KYC: Required.
Unocoin
.webp)
Founded in 2013, Unocoin is one of India’s oldest crypto exchanges. It offers OTC trading, auto-sell, and systematic buying plans.
Security: Uses AES-256 encryption and 2FA.
Fees: 0.5% trading fee.
KYC: Required.
How to Choose a Crypto Exchange
When selecting a crypto exchange, consider the following:
- Security: Ensure the exchange has robust security measures.
- Reputation: Opt for exchanges with a strong track record.
- Available Cryptocurrencies: Make sure the exchange supports the coins you want to trade.
Choosing the right crypto exchange in India requires careful consideration of various factors. Use this guide to find the best platform for your needs and start your crypto journey confidently.
Disclaimer
Our website does not promote gambling, illegal activities, or the dissemination of false information. We urge you to double-check any information provided before making decisions. Additionally, we do not endorse any activities that may be considered illegal within the cryptocurrency space, including but not limited to fraud, money laundering, or any other illicit activities. Always conduct thorough research and consult with a professional before proceeding with any financial or investment decisions.
