Best Trading Platforms in India for Crypto (2024)
Cryptocurrency trading in India has seen a rapid rise. With more people interested in digital currencies, choosing the right platform is important. As of August 20, 2024, several platforms offer unique features for Indian traders. Let’s explore some of the best trading platforms available in India for crypto.
1. WazirX
WazirX is one of the most popular crypto trading platforms in India. It was founded in 2017. The platform gained more attention after Binance, a global cryptocurrency exchange, acquired it in 2019.
- User Interface: WazirX has an easy-to-use interface, suitable for beginners and experienced traders.
- Security: The platform uses two-factor authentication (2FA) to keep accounts secure.
- Fees: Trading fees on WazirX are competitive. It charges 0.2% for spot trading.
- Supported Coins: WazirX supports over 200 cryptocurrencies, including Bitcoin, Ethereum, and Ripple.
- Mobile App: WazirX offers a mobile app available on both Android and iOS, making it convenient for traders on the go.
WazirX also has a native token called WRX. You can use WRX tokens to pay for trading fees and save on costs.
2. CoinDCX
CoinDCX is another leading crypto trading platform in India. Launched in 2018, CoinDCX has grown rapidly due to its user-friendly approach.
- User Interface: CoinDCX offers a simple and intuitive interface, making it easy for users to navigate.
- Security: CoinDCX employs advanced security measures, including cold wallet storage, to protect users’ funds.
- Fees: The platform charges 0.1% as the maker and taker fees.
- Supported Coins: CoinDCX supports over 300 cryptocurrencies.
- Mobile App: The CoinDCX app is available for both Android and iOS devices, providing easy access to trading.
CoinDCX also offers a feature called “Earn” that allows users to earn interest on their crypto holdings.
3. ZebPay
ZebPay is one of the oldest crypto trading platforms in India, established in 2014. It has a strong reputation for its reliability and security.
- User Interface: ZebPay offers a clean and straightforward interface.
- Security: ZebPay has a high level of security with multi-signature wallets.
- Fees: ZebPay charges a flat fee of 0.15% for intraday trades and 0.25% for other trades.
- Supported Coins: ZebPay supports major cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
- Mobile App: ZebPay’s mobile app is available on both Android and iOS platforms.
ZebPay also offers a subscription-based service where users can earn rewards on their crypto holdings.
4. Bitbns
Bitbns, launched in 2017, is a relatively newer player in the Indian crypto trading scene but has quickly gained popularity.
- User Interface: Bitbns provides a user-friendly interface with easy navigation.
- Security: The platform uses various security features, including two-factor authentication.
- Fees: Bitbns offers competitive fees, with a 0.25% fee for both maker and taker trades.
- Supported Coins: Bitbns supports over 100 cryptocurrencies.
- Mobile App: The Bitbns mobile app is available for Android and iOS users.
Bitbns is known for offering unique features like margin trading and lending options.
5. Unocoin
Unocoin, established in 2013, is another well-known name in the Indian crypto market. It primarily caters to Bitcoin traders.
- User Interface: Unocoin has a simple and functional interface.
- Security: Unocoin ensures high security with features like biometric authentication.
- Fees: Unocoin charges a 0.7% fee for regular users and 0.5% for Gold members.
- Supported Coins: Unocoin mainly supports Bitcoin, with limited support for other cryptocurrencies.
- Mobile App: Unocoin’s mobile app is available for both Android and iOS devices.
Unocoin also offers a systematic investment plan (SIP) feature for Bitcoin.
