- BTC/USD 11046.07
- ETH/USD 543.0005
- BCH/USD 1648.1377
- BTG/USD 678.0000
- DASH/USD 1331.8100
- XRP/USD 5.1956
- ZEC/USD 6.1956
India isn’t far behind the rest of the world in terms of participation in the cryptocurrency craze that has swept the globe. Investors and traders may now utilise the numerous crypto exchanges established by Indian crypto companies to purchase and sell various digital assets available in the market. For a nominal charge, these exchange services convert government-backed money (in India, the rupee) into the cryptocurrency of your choosing and vice versa when you sell. Cryptocurrency exchanges make trading simple by providing functionality via user-friendly apps or websites.
The following are some of India’s most popular cryptocurrency exchanges:
WazirX, founded in 2017, was subsequently purchased by Binance Holdings, the world’s largest cryptocurrency exchange by trading volume.
The exchange promises security and multilingual assistance. WazirX’s peer-to-peer (P2P) technology automates the process of depositing and withdrawing fiat cash by connecting buyers and sellers and assuring trade safety and speed. It’s available on Android, iOS, the web, and windows.
CoinDCX, a cryptocurrency exchange located in Mumbai, is one of the most popular choices among Indian crypto investors. The exchange claims to have over one lakh active members and more than 200 coins to choose from. The trading charge is low, and deposits and withdrawals are entirely free. It is especially advantageous for investors who wish to trade INR to BTC on the site directly.
Zebpay delivers lightning-fast payments and increased security controls with the’ Deactivate Outgoing Transactions’ function, including the ability to disable all outgoing transactions. The exchange trades Bitcoin, Ether, Litecoin, Ripple, Bitcoin Cash, EOS over six EUR-Crypto currencies and five crypto-crypto pairs. It features a user-friendly interface that is clean, straightforward, and easy to use.
If you’re new to cryptocurrency trading, this exchange allows you to get started with just Rs 100. CoinSwitch Kuber has over 3 million users and provides over 100 coins. Sequoia Capital, Ribbit Capital, and Paradigm are among the exchange’s backers.
UnoCoin is one of India’s first cryptocurrency exchanges. The exchange, founded in 2013, now has over 1.2 million customers. Users may purchase and sell Bitcoin with Indian rupees on the exchange. Traders are also given a unique bitcoin address that automatically sells Bitcoin. Another notable aspect of the exchange is that it enables users to recharge and top up their wallets and use Bitcoins to recharge cell phones and DTH. It also has a Merchant Gateway system, enabling online merchants to accept Bitcoins as a form of payment.
BuyUcoin, founded in 2016 by Shivam Thakral, Atulya Bhat, and Devesh Aggrawal, lets users purchase, sell, trade, & stores digital assets such as Bitcoin and Ethereum and Ripple. With over one million traders and holders investing in over 130 cryptocurrency pairings such as BTC-INR, ETH-INR, and DOGE-INR, among others, the bootstrapped business is now among the most prominent Indian crypto exchanges, five years after its debut. BuyUCoin’s income strategy is split into percentage-based transaction commissions and margins on quick and easy deals.
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These are some of the most prominent cryptocurrency exchanges. Before making any transactions, one should examine for characteristics like security, transaction fees, and the exchange’s trustworthiness.