Best Crypto Exchanges in India for 2026
Indian cryptocurrency exchanges have earned the trust of crypto enthusiasts in India through their attractive offerings, features, security, instant settlements, and quick customer service. However, finding the best regulatory-compliant crypto exchange in India that ensures investor safety can be an uphill task.
Our assessment covers 18 platforms and evaluates each crypto exchange against key criteria, including FIU-IND registration status, INR deposit/withdrawal options, maker/taker fees, security track record, and TDS handling mechanisms. CoinDCX is one of the best crypto exchanges among our top picks for Indian traders in 2026 because it offers automatic TDS deduction and strong INR deposit options.
- 17 of 18 crypto exchanges listed on this page are FIU-IND-registered; only MEXC remains suspended while it completes its registration.
- Crypto gains in India are taxed at a flat 30% plus 4% cess. No loss offsetting is allowed against other income or other crypto assets, despite the holding period.
- A 1% TDS applies to every transfer of virtual digital assets once the annual threshold of ₹50,000 is crossed (₹10,000 for specified persons).
- Mudrex, Giottus, SunCrypto, Flitpay, Delta Exchange, and Coinbase automatically deduct and remit the 1% TDS, so it appears in Form 26A.
- FIU-IND has already issued show-cause notices to unregistered offshore crypto exchanges and order blocks against non-compliant exchanges.
Quick List — Best Crypto Exchanges in India
| Cryptocurrency Exchange | Best For |
|---|---|
| CoinSwitch | Best for beginners |
| CoinDCX | Best for traders needing deep liquidity |
| Binance | Best for advanced traders |
| WazirX | Best for high-volume P2P trading |
| ZebPay | Best for security-focused trading |
| Unocoin | Best for long-term Bitcoin and Ethereum investors |
| Bitbns | Best for spot and margin trading |
| BuyUcoin | Best for INR trading pairs |
| KuCoin | Best for altcoin traders |
| MEXC | Best for new and emerging token listings |
| Coinbase | Best for traders who want direct IMPS INR deposits/withdrawals |
| Bybit | Best for professional traders with advanced strategies like copy trading |
| Delta Exchange | Best for pure derivatives and options with high leverage |
| Bitget | Best for copy-trading enthusiasts |
| Mudrex | Best for passive and long-term investors |
| Giottus | Best for tax-conscious Indian traders |
| SunCrypto | Best for competitive futures fees |
| Flitpay | Best for beginners looking for a simple user interface |
How We Tested and Ranked These Crypto Exchanges
We evaluated every platform on this list through direct, hands-on verification rather than relying on marketing claims or third-party data. We cross-checked FIU-IND registration status against the official public list of Virtual Digital Asset Service Providers maintained by India’s Financial Intelligence Unit.
We reviewed each crypto exchange’s live fee schedule and trading rules and confirmed the actual INR deposit and withdrawal methods. We have examined how each platform handles the 1% TDS deduction under Section 194S.
Our ranking criteria are as follows:
- FIU-IND Registration and TDS Handling – This carries the highest weight in our ranking criteria. It checks legal compliance under the PMLA and whether the platform automatically deducts and remits the 1% TDS so that the amount is reflected in Form 26AS.
- INR Rails and Actual Round-Trip Cost – We have evaluated the speed and total cost of moving rupees in and out, including any spreads, gateway fees, or P2P charges.
- Security Track Record – During the evaluation process, we have considered the platform’s incident history, proof-of-reserves practices, cold-storage policies, and the presence of insurance or protection funds.
- Asset Range and Product Depth – Measures the number of supported coins and the quality of spot, futures, bots, copy-trading, and passive investment tools relevant to Indian users.
- App User Interface and Customer Support – Assess the stability of the mobile interface and the responsiveness of customer support for Indian residents.
Our evaluation process and ranking order do not reflect commercial relationships. We place crypto exchanges according to the weighted criteria above, ensuring that readers receive an evidence-based comparison.
Best Crypto Exchanges in India: Detailed Reviews
1. CoinSwitch
CoinSwitch is one of the best crypto trading platforms in India. The platform offers some of the best rates on Bitcoin trades, and it’s fairly simple to trade. The CoinSwitch mobile app is quite helpful in bringing the best crypto trading experience on mobile devices.
- Supported Coins – 400+
- Maker/Taker Fees – 0%/0.1%
- INR Deposit Methods – UPI/IMPS/NEFT
- FIU-IND Status –Fully Registered with FIU/IND
- TDS – Automatically cuts 1% TDS
Why We Chose It?
CoinSwitch is the best app for crypto trading in India because it offers traders a unique experience. Its advanced platform boasts top-tier security with encryption protocols, multi-level safeguards, and industry-standard practices. Dive deeper into the market with advanced charting and analytical tools powered by TradingView. Plus, CoinSwitch offers a seamless account opening process, letting you get started quickly.
Key Features:
- Some major products offered are API Trading, SIP (Systematic Investment Plan), and Crypto Rupee Index.
- For experienced traders, “CoinSwitch Pro” offers more advanced analytical tools.
- Multilevel Security with advanced encryption.
- Trading is available on mobile devices.
- Provides a platform for startups advancing in Blockchain technology.
Pros and Cons
| Pros | Cons |
| Customer support is available 24*7. | Trading demo account is not available. |
| Withdrawals can be made with bank transfers and various payment modes. | Customer support is available through tickets or email only. |
| The platform has a simplistic UI, which makes it beginner-friendly. | |
| The platform implements a fast KYC process, which completes online verification within minutes. | |
| The platform is rupee-powered, which benefits Indian traders. |
2. CoinDCX
CoinDCX is a unique crypto platform that provides cryptocurrency exchange services for 500 different crypto assets. CoinDCX has set up its offices in Mumbai, and it is backed by premier global venture capital firms such as Pantera Capital, Bain Capital Ventures, Coinbase Ventures, and BWA. CoinDCX is known for strong compliance with mandatory KYC protocols. The platform comes with a dual interface, including the CoinDCX app for retail investors and CoinDCX Pro for advanced traders.
- Supported Coins – 500+
- Maker/Taker Fees – 0.17%/0.17%
- INR Deposit Methods – Bank transfers, IMPS, NEFT, RTGS, and UPI
- FIU-IND Status –Fully Registered with FIU/IND
- TDS – Automatically cuts 1% TDS
Why We Chose It?
CoinDCX is another popular Indian crypto exchange trusted by over 2.21 Crore registered users. The crypto exchange comes with low fees and a robust platform for buying and selling over 500 digital assets. It also offers deep liquidity for popular trading pairs.
CoinDCX provides smooth local Indian Rupee banking integration via UPI and net banking. Experienced traders can enjoy futures trading with up to 25x leverage on many popular and compliant pairs. Designed to address common challenges faced by Indian traders, CoinDCX stands out as a valuable investment app. There are also earn programs available on the platform.
Key Features
- Multiple trading options, such as Spot trading, Margin trading, and futures trading, are available.
- Spot trading supports more than 500 cryptocurrency pairs, and futures trading supports 200+ contracts with up to 25x leverage.
- Advanced Charting and Analysis for advanced traders.
- Provides personalized services for large traders.
- Traders can start from as low as 100 INR.
- Users’ assets are regularly audited by a third party.
- The user gets unlimited INR bank transfers at any time, free of charge.
Pros and Cons of CoinDCX
| Pros | Cons |
| The platform charges low trading fees. | Customer support is complicated. |
| One of the largest ranges of crypto coins, with support for more than 500 cryptocurrencies. | INR is the only FIAT currency supported by the platform. |
| The platform accepts easy payment gateways such as UPI and IMPS. | Active traders must factor in the non-negotiable 1% TDS deduction on every sell and futures execution. |
| CoinDCX also has enough liquidity to support this growing number of crypto trading pairs. |
3. Binance
Binance is another major global cryptocurrency exchange and the largest by trading volume, serving more than 200 million users worldwide. It complies with Indian Anti-Money Laundering (AML) standards, KYC protocols, and TDS deduction frameworks. Binance is known for providing Indian users with access to hundreds of digital assets, along with strong liquidity and peer-to-peer trading rails. It also has some advanced trading features.
- Supported Coins – 500+
- Maker/Taker Fees – 0.1%/0.1%
- INR Deposit Methods – P2P (UPI, IMPS, bank transfers)
- FIU-IND Status –Fully Registered with FIU/IND
- TDS – Self-reporting TDS, User’s responsibility
Why We Chose It?
Binance brings deep global liquidity to Indian users, along with low trading fees and a multi-product ecosystem. Binance is known for its popular Peer-to-Peer (P2P) fiat desk, which allows direct INR payment integrations via UPI and IMPS bank transfers. This comes with automated 1% TDS tracking, advanced TradingView charting, Binance Earn programs, and integrated Web3 self-custody wallet solutions.
Key Features
- It provides high-volume P2P trading desk support for direct INR transactions via UPI, IMPS, and local bank transfers.
- It offers competitive standard spot maker/taker fees, which start at 0.10%.
- It offers the Binance Earn program with passive staking options, as well as liquid swap and auto-invest yield.
- Assets are protected with mandatory multi-factor authentication, cold storage, and the Secure Asset Fund for Users (SAFU).
Pros and Cons
| Pros | Cons |
| Deep global liquidity and support for more than 300 cryptocurrencies. | Lacks direct INR fiat order-book/bank-gateway deposits. |
| Active INR peer-to-peer (P2P) market with support for UPI and IMPS payment rails. | Advanced pro-trading tools create complexity for newcomers. |
| It has extremely competitive trading fees with BNB fee-discount options. | |
| Fully registered with FIU-IND and compliant with Indian crypto tax rules. |
4. WazirX
WazirX is one of the popular cryptocurrency exchanges in India. Founded in 2018, today, Nischal Shetty, the founder of WazirX, has become a key player in the market. WazirX has successfully added more than 6 million customers. However, WazirX suffered a massive cyberattack in 2024, which significantly damaged users’ trust.
- Supported Coins – 300+
- Maker/Taker Fees – 0%/0% for WazirX Zero, varies for Pay Per Trade Plan
- INR Deposit Methods – UPI, IMPS, bank transfer
- FIU-IND Status – Fully Registered with FIU/IND
- TDS – Automatically deducts 1% TDS
Why We Chose It?
Trusted by Indians, this leading Indian crypto exchange offers seamless onboarding. They provide access to over 300 digital currencies at competitive prices with deep liquidity. Their security measures include two-factor authentication, end-to-end encryption, transparent reports, and proof of reserves.
Key Features
- WazirX provides Cross-Platform Support to all users.
- Traders can take advantage of the Advanced Trading Tools.
- Updated security measures for secure digital assets.
- First-ever automated P2P trading platform.
- Upgrade your trading experience with seamless API Trading.
- The QuickBuy feature lets you execute trades faster, including buying and selling.
Pros and Cons
| Pros | Cons |
| The WazirX platform is available on both desktop and mobile devices. | WazirX fails to provide high liquidity. |
| WRX Tokens Fund enables Indian investors to expand and diversify their crypto portfolio early. | WazirX has stopped offering crypto lending services since March 2021. |
| The WazirX platform allows INR deposits via UPI. | The platform charges a high fee for withdrawing crypto assets. |
| The platform has a user-friendly UI. | A massive security breach took place in 2024. |
5. ZebPay
ZebPay is one of India’s oldest cryptocurrency exchanges, having operated since 2014 and currently serving more than 6 million registered users across India, Australia, and Singapore. It is registered as a Virtual Digital Asset (VDA) Service Provider with FIU-IND.
The platform fully complies with Indian Anti-Money Laundering (AML) laws, mandatory KYC directives, and automated TDS deduction. It also has an integrated crypto wallet in its mobile app. This helps long-term investors move their crypto holdings from exchanges to their wallets, where they have more control over their investments.
- Supported Coins – 400+
- Maker/Taker Fees – 0.45%/0.45% for regular tiers
- INR Deposit Methods – UPI, IMPS, NEFT
- FIU-IND Status – Fully Registered with FIU/IND
- TDS – Automatically deducts 1% TDS
Why We Chose It?
ZebPay is the perfect place for Indian traders who need great security. It is a fully compliant platform with smooth local Indian Rupee (INR) banking integration. ZebPay also supports long-term investing through its Crypto SIP features, which allow users to dollar-cost average into Bitcoin and other popular altcoins.
Key Features:
- ZebPay also has a crypto lending facility for verified Indian users.
- More than 6 million Traders are registered on the platform.
- It has built-in Bitcoin Lightning Network support for instant and low-cost BTC transfers.
- It has multi-tier trading interfaces, providing a mobile-first application for retail buying alongside ZebPay Pro for advanced charting.
- Through the Portfolio feature, traders can easily track their profit and loss.
- More than 98% of user assets are stored in multi-signature cold wallets insured by the BitGo custody solution.
Pros and Cons
| Pros | Cons |
| The ZebPay app & wallet facility is simple and safe to use. | Offers limited trading pairs. |
| ZebPay ensures lightning-fast payments for BTC-INR transactions. | Doesn’t have high-leverage retail derivatives or margin trading. |
| All crypto deposits are free. | |
| Various INR deposit options, including IMPS, Net Banking, and Bank Transfers. | |
| Pre-suggested Crypto Pack for the new trader. |
6. UnoCoin
Unocoin is one of the popular crypto exchanges in India, with more than 2.5 million customers. It offers a wider range of cryptocurrencies to trade. The exchange started its operations in 2013 and aimed to make cryptocurrency more accessible to the country’s billions. The platform is also registered with FIU-IND and known for a strict compliance approach.
- Supported Coins – 85+
- Maker/Taker Fees – 0.2%/0.3%
- INR Deposit Methods – UPI, NEFT, RTGS, bank transfers
- FIU-IND Status – Fully Registered with FIU/IND
- TDS – Automatically deducts 1% TDS
Why We Chose It?
UnoCoin is a highly trusted Bitcoin and crypto exchange platform that caters to both casual and professional traders. They provide industry-leading API access and real-time market data, empowering users to develop secure and automated trading strategies. Focused on affordability, they offer some of the most competitive fees, particularly attractive to high-volume traders, market makers, and brokers.
Security remains a top priority, with two-factor authentication and offline cold storage wallets safeguarding client information and funds. UnoCoin is also specialized in the Systematic Buying Plan (SBP) in India. New traders can also leverage Crypto Baskets to invest in diversified crypto portfolios.
Key Features
- It has pre-curated asset bundles, which allow users to invest across multiple crypto sectors in a single transaction.
- Provide a training guide for beginners and a knowledge panel for all trading-related references.
- There are some major products, including Systematic Buying Plan, Crypto basket, and Sub-Broker Program.
- Unocoin has introduced Crypto Wealth Club and Elite Club for its users.
- Unocoin’s Paper Wallet brings more security to digital assets.
- It offers fair fees compared to other available crypto platforms.
Pros and Cons
| Pros | Cons |
| UnoCoin offers high liquidity, unlike other exchanges. | Its mobile and web interface can feel slower in comparison to other competitors like CoinDCX. |
| The platform is easy for traders and offers simple navigation. | Third-party payment gateways or card deposits might incur processing charges. |
| On all deposits, 0 fees are applicable. | Only INR is supported in Fiat Currency. |
| Systematic Buying Plan makes long-term crypto accumulation simple for beginners. |
7. Bitbns
Bitbns is also one of the best crypto exchanges in India, with over 300 listed cryptocurrencies on the platform. It offers excellent services and allows customers to buy, exchange, and sell cryptocurrencies at the best prices through an easy-to-use, intuitive user interface. Bitbns also offers a cryptocurrency app compatible with iOS and Android devices. Bitbns is popular among technical traders for its support for advanced order types, including Bracket Orders, Trailing Stop-Loss, and automated trading bots. There are other features like Bitbns Pay, fixed deposits, and its token launchpad.
- Supported Coins – 450+
- Maker/Taker Fees – 0.25%/0.25%, Varies based on volume tiers
- INR Deposit Methods – UPI, bank transfers
- FIU-IND Status – Holds FIU/IND Registration
- TDS – Automatically deducts 1% TDS
Why We Chose It?
Bitbns offers a low minimum deposit of just Rs. 100. Its platform includes advanced trading tools and features, including automated order placement. They prioritize risk management with Bracket Orders and Trailing Stop Limit orders. Security is a top concern, with mandatory KYC procedures, two-factor authentication, fingerprint/pin access, and their verified Velvet network safeguarding against operational issues and security threats.
Key Features
- Trailing Stop Limit: Protects traders from crossing their loss limits.
- The Automated Buy and Sell system makes it easy for crypto traders to trade efficiently.
- Bitbns provides an Academy section where new traders can learn the basics of exchanges and trading.
- It offers yield-bearing options where users can lock in selected crypto assets to earn predictable annual percentage yields.
- Express INR Withdrawals allow fast withdrawals and smooth transactions.
- The crypto exchange includes a platform for early-stage blockchain project token sales and merchant payment services.
- The crypto platform provides services for both investors and traders.
Pros and Cons
| Pros | Cons |
| Bitbns offers multiple popular cryptocurrencies, such as Bitcoin, Ether, and Solana. | Bitbns does not support fiat currencies except for the Indian Rupee. |
| Bitbns trading terminal is functional and convenient in both browser and mobile versions. | No direct number or email to reach out to customer support. |
| Low starting capital requirement of just ₹100 for deposits and trades. | Traders might face delays during the withdrawal process. |
| It offers structured crypto savings plans and systematic investment plans (SIP). |
8. BuyUcoin
BuyUcoin is one of the earliest cryptocurrency exchanges, with more than 1 million users and over $800 million in lifetime trading volume. BuyUcoin is a registered FIU-IND Virtual Digital Asset (VDA) Service Provider that operates in compliance with Indian Anti-Money Laundering (AML) frameworks and KYC verification.
The beginner-friendly crypto exchange platform requires only a Rs. 100 minimum deposit at registration and offers free Bitcoin on signup. Users can create free accounts and crypto wallets to access their portfolio from a single place or participate in OTC trading across 130+ digital assets. It comes with Systematic Crypto Investment Plans (SCIP) and localized INR payment integrations.
- Supported Coins – 130+
- Maker/Taker Fees – 0.24%/0.24%
- INR Deposit Methods – Bank transfers, IMPS
- FIU-IND Status – Registered with FIU/IND
- TDS – Automatically deducts 1% TDS
Why We Chose It?
BuyUcoin prioritizes user security with cutting-edge measures like secure storage, crypto audits, bug bounties, and SSL encryption. They stand out as a cost-effective option in India, charging zero setup, monthly, deposit, or KYC fees. New users can even earn up to Rs. 2000 in free BTC tokens daily through sign-ups, deposits, and trading activity, making BuyUcoin an attractive option for beginners.
Key Features
- It has a simple user interface for beginners, as well as an Over-The-Counter desk for larger traders.
- Products available: Spot Trading and EZ Trade are available.
- Systematic Crypto Investment Plans (SCIP) are available for all traders.
- Provide Personalized Service & Support.
- Users can create their cryptocurrency using the Developer API.
- It offers free wallet creation, zero setup fees, and zero maintenance charges for an active account.
Pros and Cons
| Pros | Cons |
| Low minimum deposit requirement. | Customer Support is slow due to the web-ticketing system. |
| Dedicated OTC desk for large-volume transactions without slippage. | It lacks advanced trading tools and specialized derivative trading capabilities. |
| Easy process of KYC. | |
| Beginner-friendly “EZ Trade” interface. |
9. KuCoin
KuCoin is one of the leading global cryptocurrency exchanges, and it has expanded its crypto-based services in India, including spot and derivatives trading. The cryptocurrency exchange supports more than 830 cryptocurrencies and over 1,000 trading pairs on its main exchange order book. It is known for its wide range of altcoins, early token listings, trading bots, margin and futures markets, staking, and Earn products. To comply with local regulations, KuCoin secured FIU-IND registration in 2024 to serve Indian users.
- Supported Coins – 830+
- Maker/taker Fees (Spot) – 0.10%/0.10%
- INR Deposit Methods – P2P, UPI, IMPS, bank transfers
- FIU-IND Status – FIU-IND registered
- TDS – Auto-deducted for Indian KYC/IP users
Why We Chose It?
Indian crypto users like KuCoin for its extensive selection of coins beyond Bitcoin and Ethereum. KuCoin offers useful automated tools such as grid trading and DCA bots. It has one of the most competitive fees for spot trading. It is properly registered with FIU-IND, so users can trade legally once the platform resolves its regulatory status.
Key Features
- It provides multi-market trading, including comprehensive Spot, Margin, and Futures derivative markets.
- Traders can generate passive income on KuCoin through staking, flexible savings, and structured financial products.
- It offers automated trading bots, including built-in Spot Grid, Futures Grid, Rebalancing, and DCA strategies.
- It has integrated a P2P fiat marketplace for a dedicated peer-to-peer trading venue to support INR via UPI and IMPS.
- It follows a multi-layer security infrastructure and provides proof of reserves to maintain transparency for users.
Pros and Cons
| Pros | Cons |
| It provides trading support for more than 830 cryptocurrencies, including altcoins and early-stage token listings. | It lacks direct UPI/IMPS fiat banking rails. |
| It has one of the lowest spot fees, with base fees of 0.10%. They can generate further discounts using KCS holdings. | P2P transactions come with counterparty risks. |
| It offers built-in grid trading and DCA bots directly inside the platform. | 1% TDS is not automatically deducted on the order book. |
| High security standards and proof-of-reserves. | |
| It provides high order-book liquidity for major crypto assets. |
10. MEXC
MEXC is a leading cryptocurrency exchange known for its wide range of new and emerging tokens, near-zero spot fees on popular trading pairs, high-leverage futures products, and many more. It also comes with launchpad events for early-stage projects. The cryptocurrency exchange is actively working to achieve regulatory compliance by obtaining FIU-IND registration. Globally, the cryptocurrency exchange supports a wide range of cryptocurrencies and popular trading pairs, such as BTC/USDT, ETH/USDT, and SOL/USDT.
- Supported Coins – 1,800 – 3,000
- Maker/taker Fees (Spot) – 0%/0.05%
- INR Deposit Methods – P2P
- FIU-IND Status – Registration in process
- TDS – User’s responsibility for any prior TDS
Why We Chose It?
MEXC is known among traders worldwide for its extensive selection of early-stage and micro-cap altcoins that are hard to find elsewhere. It comes with zero-fee spot maker incentives and high-leverage futures offerings.
Key Features
- It has impressive listing speed for newly launched tokens, DeFi, and newly rolled-out altcoins.
- It offers high-leverage futures, with 200x to 500x leverage, for high-risk trading strategies.
- It offers a 0% maker fee policy across spot and selected futures pairs.
- It comes with staking options and flexible savings products for earning yield on idle digital assets.
Pros and Cons
| Pros | Cons |
| Support for a wide range of cryptocurrencies and early-stage tokens. | Weak regulatory compliance for Indian users, as FIU-IND registration is still pending. |
| It has implemented a zero-fee maker trading model on spot order books. | It is dependent on the P2P rail option. |
| Regular monthly Proof-of-Reserves to ensure the full backing of underlying assets. | Direct TDS deduction is currently not available on the platform. |
| Advanced charting and spot/futures grids. | Complex user interface for beginners. |
11. Coinbase
After an initial suspension of operations in 2022, Coinbase, one of the largest cryptocurrency exchanges, has resumed operations in India following its registration with FIU-IND. Traders are actively joining Coinbase for its global standards and security assurances. Coinbase offers Indian users access to more than 250 cryptocurrencies with popular crypto-to-crypto spot trading pairs. The exchange is known for cold storage security of users’ funds and integration with the Base Layer-2 ecosystem.
- Supported Coins – 250+
- Maker/taker Fees (Spot) – 0.40%/0.60%
- INR Deposit Methods – Direct local banking rails via IMPS
- FIU-IND Status – Registered with FIU-IND
- TDS – Automatically deducts 1% TDS
Why We Chose It?
Coinbase is the top-notch choice for advanced and experienced traders due to its features, which prioritize institutional-grade security, global liquidity, and a platform backed by a publicly listed company. Coinbase provides a simple way for Indian traders to access high-volume global digital asset markets.
The crypto exchange offers advanced security measures including 2FA authentication, mandatory identity verification, multi-sig cold wallet storage, and an integrated Web3 ecosystem.
Key Features
- It comes with institutional cold storage security, which uses hardware-backed cold storage vaults, strong security, and biometric protection.
- It provides real-time order books, advanced charting tools, and high-volume crypto-to-crypto trading capabilities.
- It follows strong compliance with local PMLA frameworks and automated 1% TDS reporting.
- Native access to the Coinbase Web3 wallet, decentralized finance (DeFi) dApps, and the Base Layer-2 network.
Pros and Cons
| Pros | Cons |
| Fully registered with FIU-IND and compliant with Indian crypto tax rules. | There are restrictions on the fiat On-Ramp. |
| Publicly traded company with top-tier global security and regulatory transparency. | Base spot trading fees are higher than those of local Indian crypto exchanges. |
| High liquidity across global crypto-to-crypto trading pairs. | |
| Smooth user interface paired with a self-custody Web3 wallet option. |
12. Bybit
Bybit is a leading global cryptocurrency exchange that offers deep liquidity, advanced derivatives, copy trading, bots, and a huge selection of coins. The cryptocurrency provides its services worldwide. It became FIU-registered in February 2025 after resolving a penalty, restoring full access for Indian users. The platform supports P2P INR funding, as well as spot, futures, and options trading.
- Supported Coins – 2,000 to 2,800
- Maker/taker Fees (Spot) – 0.10%/0.10%
- INR Deposit Methods – P2P, UPI, IMPS, NEFT, bank transfers, or cards
- FIU-IND Status – FIU-IND compliant
- TDS – User’s responsibility for any TDS deduction
Why We Chose It?
The reason for adding Bybit to the list of the best crypto exchanges in India is its institutional-grade order book. It provides support for a wide range of altcoins. Apart from spot trading services, it also offers derivative products like perpetual futures and options in India.
The platform also provides automated trading tools, including grid bots and copy trading. Its formal FIU-IND registration ensures that Indian users can access the exchange in full compliance with local regulations.
Pros and Cons
| Pros | Cons |
| Provides support for large numbers of cryptocurrencies along with liquidity depth. | Its user interface might feel complex for beginners. |
| It offers copy trading and automation tools. | Manual tracking for TDS on P2P. |
| Compliant-friendly spot trading services with FIU-IND registration. | |
| It provides strong derivatives and earn options. | |
| It offers 0.10% spot fees. |
13. Delta Exchange
Delta Exchange is a leading India-based crypto derivatives platform that offers INR-settled futures and options. The platform provides spot trading services for popular cryptocurrencies like BTC and ETH. The exchange is developed for active Indian traders who want leveraged exposure to crypto markets without actually holding the underlying digital assets. It operates as a registered reporting entity with India’s Financial Intelligence Unit.
- Supported Coins – Popular cryptocurrencies, such as BTC, ETH, SOL, etc.
- Maker/taker Fees (Spot) – 0%/0.1%
- INR Deposit Methods – Direct UPI, IMPS, NEFT, RTGS
- FIU-IND Status – FIU-IND registered
- TDS – 1% TDS deduction automatically
Why We Chose It?
Indian users can choose Delta Exchange due to its INR-based crypto pairs. While it is widely known for derivatives, it also offers spot trading for popular cryptocurrencies such as BTC and ETH. It has low futures trading fees and direct bank funding, all within a regulatory framework that helps users avoid some of the tax complexities associated with spot crypto transactions under India’s VDA rules.
Key Features
- It provides quick INR deposit and withdrawal options via UPI, IMPS, NEFT, and RTGS, without relying on P2P marketplaces like its competitors.
- It offers a complete derivative ecosystem with daily, weekly, and monthly expirations for BTC and ETH contracts settled entirely in INR.
- It provides free developer APIs with AI-based code support and integration with external trading bots.
- It allows traders to test derivative setups in a simulated paper-trading environment.
Pros and Cons
| Pros | Cons |
| It has direct INR banking rails through local Indian bank accounts. | Traders cannot transfer crypto to a self-custody wallet. |
| It comes with a user-friendly derivative tax structure. | It has a selection focused heavily on BTC, ETH, and major high-liquidity altcoins instead of low-cap tokens. |
| It is fully compliant with Indian regulatory frameworks. | Advanced options chains and futures order books create complexity on the platform. |
| It has highly competitive Maker/Taker fees for futures and options trading compared to global exchanges. |
14. Bitget
Bitget has emerged as one of the world’s leading cryptocurrency exchanges, widely popular for its spot trading ecosystem, competitive fee structure, and wide range of cryptocurrencies. Bitget is operating as a full spot trading venue with native integration of its BGB utility token. It serves both global users and Indian retail investors. To ensure compliance with local anti-money laundering requirements under the Prevention of Money Laundering Act, Bitget has initiated its registration process with India’s Financial Intelligence Unit.
- Supported Coins – More than 1,300
- INR Deposit Methods – P2P
- Maker/Taker Fees – 0.1%/0.1%
- FIU-IND Status – Not Registered
- TDS – 1% TDS is deducted automatically
Why We Chose It?
Bitget became a popular destination for spot trading due to its low fee structure, wide range of altcoins, and early access to newly listed tokens. The platform also offers automated spot trading tools like Spot Grid and DCA bots. It also provides a User Protection Fund for Indian users with an emergency fund of $300 million. It is actively working toward full FIU-IND compliance to secure legal access for local investors.
Key Features
- It provides access to more than 1,300 cryptocurrencies, paired against USDT, USDC, and major digital assets, offering a wide range of INR-based trading pairs.
- It has integrated the BGB utility token, and token holders can get a 20% discount on maker and taker fees.
- It also provides access to Launchpad token allocation and opportunities to earn flexible yields.
- It includes built-in automated trading algorithms such as Spot Grid, Infinity Grid, Martingale, and Spot DCA, which allow users to automate their buy and sell strategies.
- It shares regular Proof-of-Reserve to ensure 1:1 backing of user assets on the platform.
- It offers a high-liquidity peer-to-peer venue specifically designed for INR fiat-to-crypto spot purchases through UPI and IMPS.
Pros and Cons
| Pros | Cons |
| Traders can reduce spot trading fees by using BGB token holders. | It lacks regulatory compliance for Indian traders. |
| Advanced copy-trading tools. | Limited INR rails for domestic users. |
| It provides a user-protection fund of around $300 million. | Time-consuming verification process. |
| Support for a wide range of cryptocurrencies. |
15. Mudrex
Mudrex is another India-based cryptocurrency exchange developed for both beginners and professional traders. It is widely popular among Indian traders for its automated thematic crypto baskets, called Coin Sets; systematic investment plans through Crypto SIPs; and smooth native INR spot and futures trading.
As a local crypto exchange, Mudrex maintains strong compliance by holding proper Financial Intelligence Unit (FIU-IND) registration. The platform supports a wide range of cryptocurrencies, including ETH, SOL, and POL.
- Supported Coins – Over 650
- Maker/Taker Fees – Vary between 0.12% and 0.45%
- INR Deposit Methods – Direct UPI, IMPS, NEFT with zero deposit fees
- FIU-IND Status – FIU-IND registered
- TDS – Auto-deducts 1% TDS on qualifying sales
Key Features
- Users can automate portfolio diversification using Coin Sets rather than investing in a single coin.
- It offers fee-free INR deposits via native Indian payment methods, including UPI and IMPS, for quick funding.
- It automates compliance with Indian tax regulations by handling 1% TDS and GST line items.
- It provides a beginner-friendly user interface, as well as leverage-based futures for experienced traders.
Pros and Cons
| Pros | Cons |
| It offers Coin Sets for passive diversification. | It has limited advanced order types for advanced traders. |
| Beginner-friendly user interface and SIP features. | Withdrawal fees on crypto. |
| High-volume traders can reduce spot trading fees. | Fewer ultra-new altcoins than global competitors. |
| FIU-IND registered with auto TDS. |
16. Giottus
Giottus is a rapidly growing India-based cryptocurrency exchange known for its direct INR trading pairs, seamless native bank integrations, and multilingual customer support. The platform is designed to serve both retail and institutional traders in the Indian market.
With strong regulatory compliance, the platform is officially registered with India’s Financial Intelligence Unit under the Prevention of Money Laundering Act. It has built-in tax-reporting tools that simplify filing Income Tax Returns for Indian traders.
- Supported Coins – 500+ with more than 350 trading pairs
- Maker/Taker Fees – 0.3%/0.4% for Regular Users; vary based on tiers
- INR Deposit Methods – Direct Indian payment rails that support Instant UPI, IMPS, NEFT, and RTGS
- FIU-IND Status – FIU-IND registered
- TDS – Automates the 1% TDS deduction
Why We Chose It?
Giottus is serving Indian traders with its INR-first spot trading experience, eliminating the need to route funds through foreign stablecoins before making spot purchases. The exchange features direct UPI, IMPS, and NEFT bank transfers, automated 1% TDS handling, etc. It has a fully localized support system available in more than 8 Indian languages, including Hindi, Tamil, Telugu, Malayalam, Kannada, Bengali, and Marathi. It also offers systematic investment plans through Crypto SIPs alongside its TradeView order-book interface.
Key Features
- It provides trading support for more than 350 cryptocurrencies directly against the Indian Rupee with real-time order book access.
- It provides an easy-to-use buy-and-sell interface, primarily designed for beginners who want to avoid the complexity of traditional order books.
- It offers automated rupee-cost averaging tools that allow traders to schedule recurring investments in individual coins or themed asset baskets.
- It automatically deducts 1% TDS under Section 194S and generates downloadable tax reports that align with Indian tax requirements.
- It provides multilingual customer support in various regional languages.
- It also comes with leveraged futures contracts, fixed reward and staking programs, and an OTC desk designed for high-volume trades.
Pros and Cons
| Pros | Cons |
| Direct free or low-cost UPI and IMPS deposits directly from Indian bank accounts. | It has a smaller spot selection in comparison to global offshore crypto exchanges. |
| Automated 1% TDS collection and official tax reporting tools. | Spot trading fees are higher for low-volume users. |
| Efficient customer support in various languages. | Lower liquidity depth for small-cap altcoin trading pairs. |
| Easy INR spot trading without any stablecoin conversions. |
17. SunCrypto
SunCrypto is an India-based digital asset exchange designed primarily for retail investors seeking a clear, mobile-first trading experience. The platform is registered with India’s Financial Intelligence Unit as a reporting entity under the Prevention of Money Laundering Act. While SunCrypto has expanded its services to include low-fee crypto futures, its main focus is on providing an accessible INR spot trading platform with zero-fee bank deposits, a wide selection of altcoins, and automated tax compliance features.
- Supported Coins – Over 600
- Maker/Taker Fees – 0.2%/0.5%
- INR Deposit Methods – Direct UPI, IMPS, NEFT, RTGS
- FIU-IND Status – Fully Registered with FIU-IND
- TDS – Automates 1% TDS deduction
Why We Chose It?
SunCrypto is widely popular among Indian retail investors for its beginner-friendly spot interface and low entry threshold, which allows users to begin investing with as little as ₹100. The platform is known for one of the largest spot altcoin catalogs among FIU-registered Indian exchanges, complemented by instant, fee-free UPI deposits. For long-term accumulators, SunCrypto offers automated Crypto SIPs, staking rewards, and a dedicated OTC desk for high-volume trades.
Key Features
- SunCrypto enables buying and selling of over 600 cryptocurrencies directly against the Indian Rupee, removing the need for intermediate stablecoin conversions.
- It offers zero-cost INR deposits through instant UPI transfers and direct bank methods, including IMPS, NEFT, and RTGS.
- It allows users to automate recurring investments daily, weekly, or monthly into top coins or themed crypto baskets, with a minimum starting amount of ₹100.
- Users can generate passive income by staking idle digital assets within the app.
- It features a white-glove over-the-counter trading service for large-volume transactions, which offers dedicated account management and faster settlement times.
Pros and Cons
| Pros | Cons |
| It has instant free UPI and bank deposit options from Indian bank accounts. | Spot fee is higher than that of some of its competitors. |
| Spot trading support for more than 600 cryptocurrencies. | It has limited advanced charting for experienced traders. |
| Crypto SIP and staking feature. | Thin liquidity on many popular pairs. |
| Users can start trading with just ₹100. |
18. Flitpay
Flitpay is an India-based digital asset exchange that offers a simplified, compliant spot trading experience for retail investors. The platform is officially registered with India’s Financial Intelligence Unit under the Prevention of Money Laundering Act. Flitpay entices Indian users through simple spot trading, instant buy-and-sell functionality, passive yield generation through its Earn Module, and zero-fee crypto deposits.
- Supported Coins – Over 350
- Maker/Taker Fees – 0.50%/0.17% (for base), varies based on volume tiers
- INR Deposit Methods – Direct Indian banking integration, Instant UPI, IMPS, and NEFT deposits and withdrawals
- FIU-IND Status – Registered with FIU-IND
- TDS – Automates TDS Deduction on all qualifying crypto sell orders
Why We Chose It?
Flitpay entices Indian crypto investors with its simple INR spot market interface, making it easy to buy digital assets in local currency for as little as ₹100. The crypto exchange effectively bridges beginner-friendly accessibility and practical utility by offering instant spot order execution, zero fees on crypto deposits, an Earn program for staking rewards, and direct customer support via WhatsApp and Telegram.
Key Features
- It enables trading of major cryptocurrencies directly against the INR, with options to use traditional order books or a simplified one-click Quick Buy/Sell feature for faster execution.
- It offers a staking and savings module that allows users to earn yield and interest on popular cryptocurrencies, including Bitcoin, Ethereum, and selected altcoins.
- It supports INR deposits and withdrawals through local payment methods such as UPI, IMPS, and NEFT.
- It offers a unique feature that lets users purchase and send digital asset gift cards directly to recipients.
Pros and Cons
| Pros | Cons |
| Flitpay users can earn passive yield on spot holdings. | It has a smaller asset catalog compared to large global platforms offering thousands of cryptocurrencies. |
| It offers free crypto deposits and user-friendly INR banking integration. | There is no futures or advanced derivative trading. |
| Auto tax handling support for Indian traders. | Less advanced algorithmic charting features for high-volume traders. |
| Compliant-friendly crypto trading services. |
Comparing the Best Crypto Exchanges in India
| Crypto Exchanges | Available Coins | Minimum Deposit | Fees (Maker and Taker) | INR Supported Method | TDS Auto-Deducted (YES/NO) |
|---|---|---|---|---|---|
| CoinSwitch | 400+ | ₹100 | 0%/0.1% | UPI/IMPS/NEFT | Yes |
| CoinDCX | 500+ | ₹500 | 0.17%/0.17% | Bank transfers, IMPS, NEFT, RTGS, and UPI | Yes |
| Binance | 500+ | $5 to $10 USD equivalent | 0.1%/0.1% | P2P (UPI, IMPS, bank transfers) | No |
| WazirX | 300+ | ₹100 | 0%/0% for WazirX Zero, varies for Pay Per Trade Plan | UPI, IMPS, bank transfer | Yes |
| ZebPay | 400+ | ₹200 | 0.45%/0.45% for regular tiers | UPI, IMPS, NEFT | Yes |
| Unocoin | 85+ | ₹100 | 0.2%/0.3% | UPI, NEFT, RTGS, bank transfers | Yes |
| Bitbns | 450+ | ₹100 | 0.25%/0.25%, varies based on volume tiers | UPI, bank transfers | Yes |
| BuyUcoin | 130+ | ₹100 | 0.24%/0.24% | Bank transfers, IMPS | Yes |
| KuCoin | 830+ | Based on Cryptocurrency | 0.10%/0.10% | P2P, UPI, IMPS, bank transfers | Yes |
| MEXC | 1,800 – 3,000 | Not fixed | 0%/0.05% | P2P | No |
| Coinbase | 250+ | $2 (minimum order size) | 0.40%/0.60% | Direct local banking rails via IMPS | Yes |
| Bybit | 2,000 – 2,800 | $0 | 0.10%/0.10% | P2P, UPI, IMPS, NEFT, bank transfers, or cards | No |
| Delta Exchange | NA | ₹1 | 0%/0.1% | Direct UPI, IMPS, NEFT, RTGS | Yes |
| Bitget | 1,300+ | ₹100 – ₹500 | 0.1%/0.1% | P2P | Yes |
| Mudrex | 650+ | ₹100 | Varies between 0.12% and 0.45% | Direct UPI, IMPS, NEFT with zero deposit fees | Yes |
| Giottus | 500+ | ₹100 | 0.3%/0.4% for Regular Users | UPI, IMPS, NEFT, and RTGS | Yes |
| SunCrypto | 600+ | ₹100 | 0.2%/0.5% | Bank rails, UPI, IMPS, NEFT, RTGS | Yes |
| Flitpay | 350+ | ₹100 | 0.5%/0.17% (for base) | Bank rails, UPI, IMPS, and NEFT deposits and withdrawals | Yes |
Disclaimer: The fee structure may vary based on trading volume. Rates are subject to change and may fluctuate with market conditions.
What does FIU-IND registration obligate
Under the Prevention of Money Laundering Act, 2002, any platform that offers the exchange, transfer, or custody of “Virtual Digital Assets” for Indian users is required to register with India’s Financial Intelligence Unit as a Reporting Entity.
This registration obligates the platform to implement full KYC procedures, maintain detailed transaction records, file Suspicious Transaction Reports and Cash Transaction Reports, and support the deduction of 1% TDS under Section 194S where applicable.
As of March 2026, parliamentary disclosures confirmed that 54 VDA service providers had completed registration. This number has remained in the high-forties to mid-fifties range through mid-2026, across both domestic platforms and offshore exchanges. This includes CoinDCX, CoinSwitch, WazirX, ZebPay, Mudrex, Giottus, Unocoin, Bitbns, SunCrypto, Binance, KuCoin, Bybit, Coinbase, and Bitget.
In 2023, FIU-IND also issued show-cause notices to 9 major offshore exchanges, including Binance, Kraken, MEXC, and Gate.io. Later on, some of these platforms, such as Binance, registered and resumed service for Indian users.
There are serious risks to using an unregistered platform, including sudden loss of access, the platform’s inability to auto-deduct TDS, and more. It also creates potential difficulty reconciling transactions with Form 26AS or the Annual Information Statement.
Tax Treatment of Crypto Transactions
According to current Indian crypto tax policies, Income generated from the transfer of Virtual Digital Assets is subject to a flat 30% tax under Section 115BH of the Income-tax Act, which has been carried forward into the Income-tax Act, 2025, effective from 1 April 2026. An additional 4% Health and Education Cess is applied to the tax amount.
There is no distinction between short-term and long-term holdings. Also, losses incurred on one virtual digital asset cannot be set off against gains from another or against any other source of income.
A 1% Tax Deducted at Source (TDS) applies under Section 194S on the consideration paid for the transfer of a virtual digital asset. The threshold for this deduction is ₹50,000 in a financial year for specified persons, which covers most individual retail users, and ₹10,000 for others. This provision has been in effect since 1 July 2022.
Example
- You buy crypto for ₹1,00,000
- You later sell it for ₹1,20,000
- Taxable gain = ₹20,000
- Tax at 30% = ₹6,000
- Cess at 4% on the tax = ₹240
- Total tax liability on the gain = ₹6,240
- In addition, 1% TDS is deducted from the full sale consideration of ₹1,20,000, amounting to ₹1,200.
All gains must be reported transaction-wise under Schedule VDA in ITR-2 or ITR-3. From the 2026 calendar year onwards, India participates in the Crypto-Asset Reporting Framework (CARF). The first exchange of information is scheduled for 2028.
Disclaimer: This is not tax advice. Tax regulations are subject to change, and individual situations may vary significantly. Before filing your returns, it is advisable that you consult a qualified tax adviser or chartered accountant who can provide clear guidance on crypto tax reporting.
How to Choose and Use an Exchange Safely
One should prioritize crypto exchanges with FIU-IND registration while choosing the best cryptocurrency exchanges in India. Before committing large funds, test the INR deposit and withdrawal rails with a small amount to ensure everything functions smoothly. It is also important that the name on your PAN card, bank account, and exchange KYC records match exactly, as discrepancies are a common cause of transaction delays or rejections.
To know the real cost of trading, calculate the full round-trip expense, including trading fees, spreads, GST, and TDS. Do not just rely on maker and taker fees. Additionally, confirm that the specific coin you intend to trade is listed on the platform and has proper liquidity depth for a smooth trading experience.
In 2026, standard KYC requirements on registered platforms include a live selfie with liveness detection, PAN and Aadhaar verification, and penny-drop bank account validation. Incomplete or mismatched KYC documentation can result in blocked deposits, withdrawals, or trading activity.
FAQ
What is the Best Crypto Exchange in India?
The best cryptocurrency exchange in India depends on traders’ needs. While some traders may prioritize exchanges with low trading costs, others may choose platforms with top-notch security measures.
Which is the Best Cryptocurrency Trading App in India With Low Fees?
CoinDCX charges the lowest crypto trading fees, making it the best crypto trading app in India. It has also taken the lead over its competitors in terms of fees and features.
Which Is the Safest Crypto Exchange in India?
Bitget and CoinDCX are hailed as the safest crypto exchange platforms in India. They use advanced blockchain technology to protect transactional data. Also, both exchanges use cold storage to secure users’ funds. These exchanges also maintain a massive self-insured user protection fund to compensate users in the event of unfortunate circumstances, such as cyberattacks.
Which Is the Safest Crypto Exchange in India?
Is Coinbase Legal in India?
Is Binance Legal in India?
After an earlier exit, Binance resumed full operations in August 2024 following registration with the Financial Intelligence Unit (FIU-IND) and payment of a $2.25 million penalty. Currently, it operates in India with full compliance.
