Today, we are looking into the 5 top crypto exchanges in India that have been considered trust-worthy and user-friendly. When we go and look for exchange platforms, we find a ton of results.
But which one is the best one?
How would you know that?
Simply by comparing the features. That is why we are here with this article that explains and shares the best type of exchanges there are for cryptocurrency. But if you are not sure what an exchange platform is, let’s first find out about it.
What is a crypto exchange platform?
Cryptocurrency exchange is a website or application where you can buy, sell, and even exchange something. You can do all this through different types of currencies like Bitcoin and Ethereum. And we can also call it the stock exchange, where shares can be bought and sold.
Cryptocurrencies have changed the way we handle money by providing a way to invest and bank. Since online money is quickly making its place in the market, it is very important for us to know about the most reliable and user-friendly platforms so that we can make our investments.
Which Are the 5 Top Crypto Exchanges in India Out There?
From the many results that we got while searching for an exchange platform, we found and trust these 5 platforms. Here is the list which are further explained in this article:
- CoinDCX
- WazirX
- CoinSwitch
- ZebPay
- Binance
Most of these apps are known by the cryptocurrency users or investors and have been using at least one of these for quite some time. Today, we will understand about the features of these platforms, if they charge any maker or taker fees, etc.
Let’s start!
First – CoinDCX – A User-Friendly Crypto Exchange Platform
Overview:
CoinDCX is a trustworthy exchange platform. Its user-friendly interface and excellent choice make it very popular in India for beginners and seasoned traders.
Features:
Comprehensive Trading Option: CoinDCX offers users a variety of cryptocurrencies for trading, and can trade on more than 200 coins, such as Bitcoin, Ethereum, and Ripple.
Security Measures: CoinDCX prioritizes security, offers two-factor authentication, and employs industry-standard security protocols to protect your digital currency.
Educational Resources: To educate its users, CoinDCX provides special programs like DCX to users, which provide very useful resources, tutorials, and courses.
Prices – CoinDCX Crypto Exchange List:
30 day trading volume calculation
Spot fee
- Maker fee: 0.20%
Futures fee
- Maker fee: 0.025%
- Taker fee: 0.070%
Important Note: Maker: The maker creates trading opportunities on the exchange, but does not execute them immediately. And this is done by placing orders for sell and buy trades.
Taker: In crypto exchange, a taker is one who immediately places an order on the exchange that matches the existing order.
Second – WazirX: The Ultimate Trading Hub
Overview:
WazirX is an amazing player in the cryptocurrency exchange market which was sold to Binance in 2019. And after this, the popularity of these exchange platforms in India has increased because it is reliable and helps people buy crypto.
Features:
Wide Range of Cryptocurrencies: WazirX supports up to 100 currencies, providing ample choice for trades.
Smart Token Fund: This amazing feature connects new users with expert traders and allows them to manage their portfolios. which newcomers can benefit from experienced strategies.
Cross-Platform Trading: It is available on various platforms like Web, Android, iOS, Windows, and Mac. Which allows users to trade anytime, anywhere.
Why choose this from the top 5 crypto exchanges in India?
Extensive Coin Selection: Cryptocurrencies provide huge offers in investment options. And allows users to choose options according to their preferences and goals.
Smart Token Fund: Provide investment guidance to users.
Accessibility: It provides flexibility and convenience across various cryptocurrency platforms.
Charges:
Deposit Fees:
- Rs6.7 for bank transfers
- Rs5.9 for NEFT, RTGS, & IMPS
- Low charges for UPI deposits
Withdrawal Fees:
- Varies according to cryptocurrencies
- Withdraw BTC at 0.0005 BTC
Now, towards the third exchange platform.
Third – CoinSwitch: All-in-One Crypto Exchange in India
Overview:
CoinSwitch is a comprehensive platform that aggregates all cryptocurrency exchanges, allowing traders to easily trade coins without the need to navigate through multiple platforms.
Aggregated Exchange Services: By adding links from other exchanges, CoinSwitch offers competitive ratings and a wide selection of cryptocurrencies.
No Deposit Fees: Users can trade without worrying about deposit fees that other platforms may charge for their investments.
Easy Conversion: CoinSwitch simplifies the process of converting cryptocurrency to another currency and is accessible even to new cryptocurrency users.
CoinSwitch crypto exchange platform monthly price
- Both maker and taker fees are 0.20% per trade.
Why choose CoinSwitch as your exchange?
Best rates: The integration of exchanges ensures that users get the best rates.
Fee-Free Deposits: It offers users maximum investment once deposit fees are exhausted.
User-Friendly: It is easy to swap with other cryptocurrencies.
Fourth – ZebPay: India’s First Crypto Exchange App
Overview:
How is ZebPay different from other cryptocurrency exchanges? ZebPay, one of the oldest exchanges platforms in India, has earned a new reputation for its reliability and has made cryptocurrencies popular across India.
High Liquidity: Zebpay offers high liquidity, ensuring users can place large trades at the lowest prices.
Security Focus: Zebpay is one of the top 5 crypto exchanges because it provides high security to keep users’ information safe. Through multisignature wallets and robust encryption technologies.
Innovation Features: Zebpay provides unique features such as lending and borrowing and allows users to earn interest on their holdings.
ZebPay Crypto Exchange Price
- Maker Fee: 0.15%
- Taker Fee: 0.25%
Why choose ZebPay as your cryptocurrency exchange?
Experience and Trust: Long-term recognition in the market and trustworthiness among users.
Liquidity: Provides ideas for users who need to trade large orders.
Innovation: Lending and borrowing options add value to your cryptocurrency holdings.
Fifth – Binance: Global Power House & the Best from Top Crypto Exchanges in India
Overview:
What does cryptocurrency stand for on the Binance cryptocurrency exchange? Binance is the world’s most versatile cryptocurrency exchange and is known for its extensive range of services, which cater to millions of users globally.
Massive Coin Selection: With Binance supporting over 500 currencies so far, it is one of the most comprehensive exchanges available.
Advanced Trading Tools: From spot trading to futures, margin trading, and stocking, Binance provides a wide variety of tools for a variety of strategies.
Security and Compliance: To ensure compliance and user safety, Binance uses state-of-the-art security measures and closely cooperates with regulatory organizations.
Why should you choose this cryptocurrency exchange platform?
Global Reach: Strong connections between cryptocurrency and trading
Diverse Trading Option: Suitable for all traders, from beginners to professionals
Robust Security: Strong connections between cryptocurrency and trading
Choosing the Best One
It depends on your needs and how you want to trade to choose the best platform. CoinDXC and WarirX are very good cryptocurrency exchanges that are safe and easy to use if you are from India. If you want a real value exchange compared to different places, then
CoinSwitch is the best from the top 5 crypto exchanges to choose, and if you are looking for a real gold exchange, then Zebpay has been performing well in the market for a long time, so you can do it. Binance has come up with a new way of operating. Each exchange has its own specifications, so there is no limit to its calculations for anyone, whether beginner or expert. These exchanges also change according to market changes and add new features to adapt to users.
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