Best Crypto Exchanges in India 2024

In India, crypto trading has become popular and this is opening up new investment opportunities for Indian traders. The demand for digital financial assets in India is growing rapidly. Traders are now searching for the best Indian crypto trading platforms with low fees. Here, we’ve outlined the top cryptocurrency exchanges in India to help traders choose the best platform.

Key Takeaway

  • This curated list will assist you in selecting the ideal cryptocurrency exchange platform in India tailored to your specific requirements.
  • Research the key features, pros, and cons of different platforms to make an informed decision.
  • Explore the knowledge section to gain a better understanding of crypto exchange basics.

Top 10 Crypto Exchanges In India

Cryptocurrency Exchange Best For
PrimeXBT The most Popular Crypto platform
CoinSwitch Best cryptocurrency app in India with low fees
Zebpay Best Online Crypto Wallet
WazirX Largest & Most Trusted Crypto Exchange
UnoCoin Offers High Liquidity in Crypto Trading
CoinDCX Fastest-Growing Indian Crypto Exchange
Bitbns Provide Advanced Tools For Trading
Krypto Crypto Exchange with Lowest Fees in India
BuyUcoin Highly secure platform
Paxful Best for Bitcoin Trading

List of Cryptocurrency Exchanges in India

Selecting the best crypto exchange can vary from user to user needs in terms of crypto fees, safety measurements, number of features, easy navigation, and the list goes on. Considering all these aspects, we have curated a list of the top 10 crypto exchanges in India with their pros and cons.

1. PrimeXBT

PrimeXBT is an advanced cryptocurrency exchange suitable for beginners & professionals alike. From their customizable platform to live market data, it helps traders find what they’re looking for when trading on the cryptocurrency market. PrimeXBT also offers unique diversification opportunities for traders worldwide, with 1 million+ registered users. PrimeXBT platform has been awarded “Best Platform for Online Trading” and “Best Mobile Trading App”.
For a thorough insight, you can visit the PrimeXBT review page.

PrimeXBT User Interface

Why We Chose It?

PrimeXBT offers innovative features (Turbo options) and high leverage (up to 200x) for over 1 million users in India. Their user-friendly platform with fast execution times caters to both beginners and experienced traders. With a transparent fee structure and a top-rated app for on-the-go trading, PrimeXBT stands out as a strong contender in the Indian crypto market.

Key Features:

  • PrimeXBT offers products like Crypto Futures, Global Market, and Copy Trading.
  • Also provides various helpful tools for advanced traders, like price charts, long-short trading, and market research.
  • Education Section – tradings fundamental available for new traders.
  • Update security measurements regularly, such as 2FA authorization, encrypted SSL, cold storage of digital assets, and more.
  • Allows traders to trade on crypto trading as well as Forex Trading.
  • 170k+ daily trader.
  • Serve in more than 150 Countries.

Pros and Cons of PrimeXBT

Pros Cons
PrimeXBT delivers lower fees, the highest leverage, competitive trading conditions, and service fees. This cryptocurrency exchange is Self-Regulated
PrimeXBT provides an incredibly user-friendly trading platform suitable for new and experienced traders. PrimeXBT doesn’t offer customers demo accounts.
PrimeXBT offers margin trading in traditional assets and cryptocurrencies, making it easy for users to trade digital currencies. PrimeXBT does not offer spot trading; it only offers CFD trading.
The speed and transparency of the platform make it easy for traders to execute trades and access liquidity in real-time.

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2. CoinSwitch

CoinSwitch is one of the best crypto trading platforms in India. The first platform with more than 2Cr users offers the best rates on Bitcoin trades. It is easy to trade BTC instantaneously on CoinSwitch. The CoinSwitch mobile app is quite helpful in bringing the best crypto trading experience on mobile devices. You can visit CoinSwitch review page for better understanding.

CoinSwitch Kuber - Best Bitcoin Exchange in India

Why We Chose It?

CoinSwitch Pro emerges as the best app for crypto trading in India, offering traders a game-changing experience. Their 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 frictionless 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” has more advanced tools for analysis.
  • Multilevel Security with advanced encryption.
  • The platform has the lowest commission among all competitors.
  • Trading is available on mobile devices.
  • Provide a platform for new startups that are advancing in Blockchain technology.

Pros and Cons of CoinSwitch

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 mail 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 is beneficial for Indian traders

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3. Zebpay

ZebPay is an Indian crypto exchange that helps traders to buy and hold cryptocurrency. It also has an integrated crypto wallet in its mobile app. This helps long-term investors move their crypto holdings from the exchange to the wallet, which the investor has more control over. With crypto trading, ZebPay is also a crypto lending platform with high returns, providing its services in 160+ countries with a 5.5 million user base.
Check out Zebpay review page for a comprehensive understanding.

Zebpay - Among best Indian crypto exchanges

Why We Chose It?

This user-friendly crypto exchange in India allows you to earn passive income through crypto lending with returns of up to 8.5%. Their platform caters to both beginners and experienced traders, offering a simple interface for new users and advanced features for experts. They support over 150 cryptocurrencies for trading, investing, and lending and provide educational resources like courses, real-time market analysis, and crypto news to empower informed trading decisions.

Key Features: 

  • Zebpay also has a crypto lending facility for its users.
  • More than 5.5 million Traders are registered on the platform.
  • Higher security measurements installed for trader’s assets.
  • Currently, Zebpay services are available in more than 160 countries.
  • Pre-created crypto packs for new traders to save their time.
  • Through the Portfolio feature, traders can easily track their profit and loss.

Pros and Cons of Zebpay

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 margin trading
All crypto deposits are free
24/7 customer support is available
Pre-suggested Crypto Pack for the new trader

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4. WazirX

WazirX is one of the best cryptocurrency exchanges in India. Founded in 2018, WazirX has become India’s largest and most trusted Indian crypto exchange. Today, Nischal Shetty, the founder of WazirX, has become a key player in the market. WazirX has successfully added more than 6 million customers. It is one of the fastest-growing crypto exchange apps in India. Head over to the WazirX review page for a more detailed analysis.WazirX - Trusted & Best Crypto Trading in India

Why We Chose It?

Trusted by over 15 million Indians, this leading Indian crypto exchange offers seamless onboarding and prioritizes user safety. 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, ensuring a secure trading environment.

Key Features

  • WazirX provides Cross-Platform Support to all users.
  • Traders can take advantage of the Advanced Trading Tools.
  • Updated Security Measurement for secure digital assets.
  • First ever automated P2P trading platform.
  • Upgrade your trading experience with seamless API Trading.
  • Enable QuickBuy features for fast buying and selling.

Pros and Cons of WazirX

Pros Cons
WazirX platform is available on both devices, i.e., desktop and mobile. 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 made through UPI transactions. The platform charges a high fee for withdrawing crypto assets.
The platform has a user-friendly UI.

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5. UnoCoin

Unocoin is one of the popular crypto exchanges in India, with more than 2.4 million customers. Today, the platform processes 71.6M+ orders, and 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. If you want to know more about the platform, you can read our UnoCoin review page.

UnoCoin - Best Exchange for Cryptocurrency in India

Why We Chose It? 

UnoCoin is highly trusted Bitcoin and crypto exchange platform 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.

Key Features

  • Provide a training guide for beginners and a knowledge panel for all trading-related references.
  • Some major products are
    – Systematic Buying Plan
    – Crypto basket
    – Sub-Broker Program
  • Unocoin has introduced Crypto Wealth Club and Elite Club for its users
  • Unocoin’s Paper Wallet brings more security to digital asset
  • It offers fare fees compared to other available crypto platforms

Pros and Cons of UnoCoin

Pros Cons
Unocoin offers high liquidity, unlike other exchanges. Site speed is slow
The platform is easy for traders and has simple navigation options. UnoCoin provides its service only in India
On all deposits, 0 fees are applicable Only INR is supported in Fiat Currency
Available on Desktop and Mobile device

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6. CoinDCX

CoinDCX is a unique crypto platform that provides cryptocurrency exchange services across 200 different types of crypto assets. This Singapore-based company has been popular in India since 2018. CoinDCX has set up its offices in Mumbai. The platform has received support from big investors like Bain Capital Ventures, Polychain, 100x Ventures, and other important players in the industry. CoinDCX exchange has also received investments worth $ 5.5M in three crowdfunding rounds. Take a look at CoinDCX’s review page to better grasp the concept.

CoinDCX - Top Cryptocurrency Exchange in India

Why We Chose It?

CoinDCX, another popular Indian crypto exchange trusted by over 1.4 Crore users, shines with its low fees and a robust platform for buying and selling over 500 digital assets. Experienced traders can enjoy futures trading with up to 25x leverage on more than 220 trading pairs. Designed to address common challenges faced by Indian traders, CoinDCX stands out as a valuable investment app.

Key Features

  • Multiple Trading is available: Spot trading, Margin trading, and Future Trading.
  • Educational resource – Advanced Charting and Analysis for Pro Trader.
  • Provide 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 INR is the only FIAT currency supported by the platform.
The platform accepts easy payment gateways such as UPI and IMPS
CoinDCX also has enough liquidity to support this growing number of crypto trading pairs

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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 by offering an easy-to-trade, intuitive, and simple user interface. Bitbns also offers its cryptocurrency app, which is compatible with iOS and Android devices. The exchange is currently being used by more than 4 million users and has a 24-hour trade volume of $13 million. Explore the Bitbns review page to gain better insight.

 

Bitbns - best crypto exchange in india

Why We Chose It?

Bitbns comes with a low minimum deposit of just Rs. 100. Their platform offers 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: protect traders from crossing their loss limits.
  • The Automated Buy and Sell system makes it easy for crypto traders to trade efficiently.
  • Education Section: Bitbns provides an Academy section where new traders can learn the basics of exchanges and trading.
  • Express INR Withdrawals allow fast withdrawals and smooth transactions. 
  • Ascent: through ascent, a project can get funding.
  • The crypto platform provides services for both inverters and traders.

Pros and Cons of Bitbns

Pros Cons
Bitbns offers multiple popular cryptocurrency digital tokens. 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 mail to reach for customer support
The developers regularly update the investment and currency portfolio.
The Indian crypto exchange offers fast withdrawal processes and lower trading fees

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8. Krypto

Krypto is India’s fastest-growing cryptocurrency exchange that allows customers to buy more than 100 cryptocurrencies with high liquidity and at the best rates. Traders can buy, sell, and exchange popular trading pairs such as INR/BTC, INR/ETH, INR/DOGE, etc. Krypto cryptocurrency trading platform users can access leading digital coins and enjoy instant deposits and withdrawals with fast crypto-to-crypto, INR to crypto, and crypto-to-INR conversions.

Krypto Exchange Platform

Why We Chose It?

Krypto digital assets stand out as a prime destination for crypto traders, offering a seamless experience for all traders.  Enjoy instant deposits and withdrawals in fiat currencies, along with completely free trading fees. Their platform boasts a lightning-fast onboarding process with a swift KYC procedure, making it easy to start.  With zero brokerage and deposit fees, Krypto proves to be a beginner-friendly exchange.

Key Features

  • Krypto Pay: Krypto patent technology allows users to pay with cryptocurrency at any shop accepting payment through cryptos.
  • Crypto Transferring: send cryptocurrency to anyone worldwide using Krpto for free.
  • 0% trading fees.
  • Registered under Blockchain & Crypto Asset Council of India.
  • Have an easy and user-friendly interface experience.
  • Trade smoothly on Krypto’s mobile app.
  • Professional Trading Mode for the Pro Traders.

Pros and Cons of Krypto

Pros Cons
Krypto offers an array of cryptocurrencies. Krypto customer support is of below-par quality.
The website is completely transparent, with competitive trading fees and discounts. The number of registered traders is less.
Krypto offers support for a decentralized ecosystem of crypto products.
The cryptocurrency exchange offers fast withdrawal processes and low fees.
Krypto is a trustworthy, beginner-friendly, and regulated trading platform.

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9. BuyUcoin

BuyUcoin has over 1 million users who buy and sell cryptocurrencies at the best prices. The beginner-friendly crypto exchange platform requires a minimum deposit of only Rs. 100 at registration and offers free Bitcoins 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. BuyUcoin also features an NFT marketplace where you can buy and sell non-fungible tokens hassle-free without any long deposit and withdrawal processes.

BuyUcoin Company Image

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 signups, deposits, and trading activity, making BuyUcoin an attractive option for beginners.

Key Features

  • NFT Marketplace: buy and sell NFT on the BuyUcoin platform.
  • Product available: Spot Trading and EZ Trade are available.
  • Systematic Crypto Investment Plans (SCIP) are available for all traders.
  • Provide Personalized Service & Support.
  • User can create their cryptocurrency using Developers API.
  • Education Section: Publishes blogs for regular news and industry updates.

Pros and Cons of BuyUcoin

Pros Cons
The platform has 1million+ registered trader Customer Support is on old methodology with ticket raising system
Till now, BuyUcoin has $800M+ traded in digital currency
Easy process of KYC
The navigation is user-friendly

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10. Paxful

Paxful is one of the best crypto platforms in India, offering a peer-to-peer marketplace that allows traders to buy and sell Ethereum, Bitcoin, and other cryptocurrencies. It provides a simple and quick registration process and enables traders to pay for their crypto purchases using various payment methods supported on the platform. More than 12 million people are registered on the platforms. Traders can purchase cryptocurrencies using bank transfers, online wallets, gift cards, cash payments, debit or credit cards, cryptocurrencies, and other digital assets. Refer to the Paxful review page for a more comprehensive understanding.

Paxful Company Image

Why We Chose It?

Paxful streamlines crypto trading for Indians. Their platform features a P2P marketplace and a user-friendly mobile app for on-the-go transactions. They accept various payment methods (bank transfers, wallets, cards, even gift cards!) and even offer free Ethereum gift card trades with zero fees.

Key Features

  • A trader gets more than 300 ways to buy and sell Bitcoin.
  • Peer-to-peer crypto trading is available. 
  • Provide a free Paxful wallet for storing digital assets.
  • Study Section: Paxful produces its blogs with regular updates.
  • Paxful Rewards Program and Paxful Trader Program are featured for user growth.

Pros and Cons of Paxful

Pros Cons
Easy navigation makes the work quick for traders Only 4 cryptocurrencies are available to trade
Wide Variety of payment methods Not recommended for advanced traders
Provide Reward program and Traders program
Available in various locations

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Comparing the Best Crypto Exchanges in India

Crypto Exchanges Available Coins Minimum deposit Fees (Maker and Taker) Unique Features
prime xbt 41 0 0.05% & 0.05% The most Popular Crypto platform
coinswitch.co 100+ 100 0 to 0.5% Best Crypto App
ZebPay 150+ 100 0.15% & 0.25% Best Crypto wallet
wazirx 300+ 100 0.20% & 0.25% Largest and trusted platform
Unocoin 50+ 0 0.2% & 0.3% Offers High Liquidity in Crypto Trading
coindcx 130+ 500 0.04% & 0.06% Fastest-Growing Indian Crypto Exchange
Bitbns 540+ 100 0.25% Provide Advanced Tools For Trading
Krypto Not Clear 50 0% Crypto Exchange with Lowest Fees in India
BuyUcoin 50+ 500 0.24 & 0.24 Highly secure platform
Paxful Not clear Not Clear Vary from coin to coin Best for Bitcoin Trading

*Disclaimer: The fee structure may vary based on trading volume. Rates are subject to change and can fluctuate according to market conditions.*

Cryptocurrency Laws and Regulations in India

Cryptocurrency rules and regulations in India are controversial since no stringent laws exist. Let’s look at some of the key points related to crypto laws and regulations in India :

Legality – Digital assets and cryptocurrencies such as Bitcoin and Ethereum are neither recognized as legal tender nor explicitly banned in India. Users can trade and hold digital tokens but not use them for daily purchases. 

Restrictions – In 2018, The Reserve Bank of India banned all financial institutions, including banks, from dealing with cryptocurrency businesses. This policy limited conventional financial options for cryptocurrency exchanges. 

2021 Proposed Bill – The Indian government launched the Cryptocurrency and Regulation of Official Digital Currency Bill in 2021, which aims to develop a framework for the CBDC (central bank digital currency) issued by the central bank. 

Tax – According to the 2022 Indian budget, a 30% tax is imposed on cryptocurrency gains, while the government imposes a 1% tax deducted at source (TDS).

All in all, the regulatory situation in India is uncertain, and the fate of the proposed bill is unclear. Hence, users must stay updated about crypto developments and news in the country.

Our Methodology

Here are some common points that we have considered for creating the top cryptocurrency exchanges in India:

  • Crypto Fees – We have considered the best cryptocurrency app in India with low fees and transparent fee structures suitable for all types of traders. Fees can vary substantially depending on the crypto exchange traders use, and hence, it is important to consider the fees charged across exchanges.
  • Basic and Advanced trading features – By comparing different crypto exchanges, it is important to ensure that every change has unique features that set one apart. Hence, we have evaluated every exchange’s basic and advanced trading features to serve both beginners and experienced traders. 
  • Number of cryptocurrencies available to trade – In our evaluation, we considered the available supported cryptocurrencies that users trades in. 
  • Customer Support availability – The crypto world is still new for many traders. This makes having efficient and 24×7 customer support available an important factor. We have assigned importance to crypto exchanges in India that offer customer support via multiple channels, including live chat, email support, phone support, and FAQs. 
  • Knowledge Panel for traders – Our list of crypto exchanges in India has been meticulously chosen considering their Education section, which consists of enriching blogs, guides, analysis, tools, and other essential materials to help traders make informed decisions. 
  • Number of Register Traders – We have gathered accurate information on the number of registered traders on the platform to determine the reliability of the crypto exchange. 
  • Platform availability on a different device – We have factored in whether the crypto exchanges have mobile applications with accessibility, functionality, and ratings. All crypto exchanges mentioned above have dedicated mobile apps available on both iOS and Android operating systems.

Methods to Choose Best Cryptocurrency Exchange For India

Most traders and investors have already found the best exchange from the above crypto exchange list. However, specific parameters must be considered before calling a trading platform the best cryptocurrency exchange in India.
While evaluating top crypto exchanges in India, especially to find the best cryptocurrency exchange for 2024, the following factors need to be considered:-

  • Users need to conduct extensive research on the Indian crypto exchange platform and ensure that the user reviews are authentic.
  • The platform should support Bitcoin and other popular cryptocurrencies. Its security should mimic the authenticity of the exchange.
  • The platform should provide the best crypto security and have legitimate buy-sell operations.
  • The trading platforms can be compared based on their buy-sell fees and overall fee structures, highlighting hidden costs.
  • The platform needs to be reliable and should provide various cryptocurrency exchanges.
  • The exchange should support multiple purchase methods.
  • The user experience of the exchange is an important deciding factor.

The above criteria can be used for rating other exchanges appropriately, which will also bring forth platforms outside the list of five.

Conclusion

By now, you’ve explored the strengths and weaknesses of India’s leading crypto exchanges. This curated list eliminates the need to spend hours researching each platform. Whether you prioritize low fees, a user-friendly interface, or a vast coin selection, you’re well-equipped to choose the exchange that aligns with your trading goals. Remember, the “best” platform depends on your individual needs. So, take a deep breath, leverage this information, and confidently step into the exciting world of Indian cryptocurrency trading!

FAQs

Which Is the Best Cryptocurrency Exchange in India?

The best exchange for cryptocurrency in India depends on the needs of the traders. While some traders may prioritize exchanges with low trading costs, others may choose platforms highly secured by top-notch security measures.

Is There Any Crypto Exchange With Lowest Fees in India?

CoinDCX charges the lowest crypto trading fees, which makes it the best crypto exchange in India with low fees.

Which Is the Safest Crypto Exchange in India?

WazirX is hailed as the safest crypto exchange platform in India. It uses advanced blockchain technology to protect transactional data, and multiple data-encrypted layers also protect BTC transactions on WazirX. These security measures make WazirX a safe exchange for Indian crypto users. The crypto trading platform is also backed by top investors and exchanges worldwide.

Which Crypto Exchanges in India Have the Most Coins?

WazirX has become the most popular cryptocurrency exchange in the country. It has gained millions of dollars worth of crypto exchanges during the pandemic. Indian retail investors are buying digital currencies actively from WazirX.

Disclaimer: This page does not solicit or recommend investments, nor does it provide trading or financial advice. Before investing in cryptocurrencies or engaging in securities trading, you should conduct thorough due diligence, including consultation with a certified financial advisor. We accept no liability for any financial losses incurred.

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