Top 10 Crypto Exchanges In India

India’s cryptocurrency market is growing fast, supported by the Financial Intelligence Unit (F.I.U), which is working on rules to protect investors, make trading safer, and ensure transparent markets. Because of this, local crypto exchanges are expanding, allowing people to easily trade cryptocurrencies using INR.

For beginners who are new to crypto trading, here’s a list of the top 10 crypto exchanges that accept INR deposits and are great for starting out. These platforms make it simple and secure for users to buy, sell, and trade cryptocurrencies in India:

1. CoinDcx : India's Safest Crypto Platform
2. WazirX : India Ka Bitcoin Exchange
3. Zebpay : Pioneers of the Crypto Revolution
4. Flitpay : India's Popular Cryptocurrency Exchange
5. Bitbns : BNS for buying crypto
6. CoinSwitch : India's Simplest Crypto App
7. Unocoin : India’s Bitcoin & Crypto Exchange
8. Giottus : Top-Rated Indian Crypto Platform
9. SunCrypto : India’s leading crypto exchange
10. Delta Exchange : 

Best Cryptocurrency Exchanges In India

After carefully reviewing 20 Crypto trading platforms in India, we have identified the best options for Indian users. Our evaluation considered how well these platforms follow Financial Intelligence Unit (F.I.U) rules, the types of cryptocurrencies they support, their INR deposit options, features and services, and fee structures. Here is a detailed comparison of the top ten exchanges for Indian investors.
 

1.CoinDcx 

Established on April 7th, 2018, CoinDCX operates as a cryptocurrency exchange headquartered in India. With a strong emphasis on user experience and security, CoinDCX asserts its capability to facilitate near-instant fiat-to-crypto conversions devoid of any fees. The platform offers a comprehensive range of crypto-based financial products and services, all underpinned by robust security measures and insurance coverage. Notably, CoinDCX boasts the largest number of listed cryptocurrencies among exchanges in India.

CoinDCX prides itself on its swift onboarding process, claiming that completion of KYC and bank account verification can be accomplished within 5 minutes. Trading and crypto withdrawal fees are kept minimal, while the exchange also ensures prompt deposit and withdrawal functionalities.

Backed by prominent investors such as Polychain Capital, Coinbase Ventures, Bain Capital Ventures, and the HDR Group (operator of BitMEX), CoinDCX provides users with an integrated suite of products:

• DCXinsta facilitates fiat onboarding from Indian Rupees (INR) to crypto.
• DCXlend offers a decentralized lending service.
• DCXmargin enables leverage trades of up to 6x across more than 250 markets.
• DCXfutures provides leverage trades of up to 20x on leading digital assets futures.
• Okto Web 3 wallet Powered by Okto's Orchestration Layer

hese products cater to diverse types of traders, taking into account their trading experience, risk tolerance, and frequency of trading. CoinDCX envisions onboarding 50 million users to cryptocurrency through its #TryCrypto initiative. Additionally, CoinDCX operates a subsidiary called DCX Learn, serving as an EdTech platform for individuals interested in learning about cryptocurrency and blockchain technology.

2.WazirX

Introduced in 2018, WazirX purports to be the fastest-growing cryptocurrency exchange in India, boasting over 400,000 users and maintaining an impressive average app rating of 4.6. WazirX operates as part of the Binance ecosystem and collaborates with Binance on the 'Blockchain For India' initiative, which entails a $50 Million USD fund. The exchange caters to a global audience and offers several notable features:

• Instant INR (fiat) deposit and withdrawal facilities
• Smart Token Fund to assist crypto investors in discovering skilled traders and managing their cryptocurrency portfolios
• The world's premier auto-matching P2P engine boasting high liquidity
• Support for over 80 token
• Binance login option for seamless access

The utility token of WazirX is WRX, which is built on the Binance blockchain and has a total supply of 1 billion tokens. WRX token holders receive various benefits on the trading exchange, including discounts on trading fees, WRX trade mining, token airdrops, margin fee waivers, and more. WRX and WazirX are backed by Indian entrepreneurs with over a decade of experience in developing and scaling global products from India. Binance acquired WazirX in November 2019, with the overarching goal of making cryptocurrency accessible to all individuals in India.

3.Zebpay

ZebPay is a crypto-assets exchange with a well-established presence spanning India, Australia, and Singapore. Since its establishment in India in 2014, ZebPay has rapidly expanded its reach across various regions, serving both crypto-traders and investors with a focus on cryptocurrencies.

Selected by millions of traders, ZebPay provides its services across a diverse array of devices. This includes mobile apps tailored for those who prefer trading on the move, as well as a seamless web interface catering to users who favor desktop setups.

Furthermore, ZebPay offers an OTC desk, a customized service designed for users engaged in substantial volumes of crypto asset trading. ZebPay OTC is a premium service that offers personalized support at every stage of the trading journey, starting from expert consultations to execution, along with comprehensive trade reporting and valuable market insights.

4.Flitpay

Flitpay is a cryptocurrency exchange in India where people can buy, sell, and trade cryptocurrencies like Bitcoin and Ethereum. It aims to make trading easy with a simple design and a secure place for transactions.

Flitpay has features like fast deposits and withdrawals, a rewards program for referring friends, and options to earn interest by holding certain cryptocurrencies. It also focuses on keeping users safe with security features like two-factor authentication (2FA) and encrypted data.

Flitpay’s goal is to make cryptocurrency trading easier for more people in India and is growing as a key player in the country’s crypto scene.

5.Bitbns

Established in December 2017, Bitbns asserts itself as one of India's leading spot cryptocurrency trading platforms. Conceived by three founding partners, Bitbns purportedly amassed over half a million users within its inaugural year.

Bitbns claims to have pioneered the introduction of Bracket Orders in cryptocurrency trading, marking a notable milestone in the industry. The exchange offers a comprehensive array of trading tools and features, including Margin Trading, Stop Limit, and Trailing Stop Limit functionalities.

Furthermore, Bitbns prides itself on being the first exchange in India to list over 50 cryptocurrencies within a year of its inception. It also boasts a P2P FIAT deposit and withdrawal mechanism, enhancing user convenience and accessibility.

6.CoinSwitch

CoinSwitch Kuber is a popular cryptocurrency exchange platform in India, designed to simplify the process of buying, selling, and trading digital assets. Launched in 2020, CoinSwitch Kuber has quickly become one of the leading crypto exchanges in the country, known for its user-friendly interface and wide range of supported cryptocurrencies.

One of the key features of CoinSwitch Kuber is its ease of use, making it accessible for both beginners and experienced traders. The platform offers a seamless sign-up process, allowing users to start trading with just a few clicks. It supports a variety of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and many others, enabling users to diversify their investments.

CoinSwitch Kuber also focuses on providing competitive rates by aggregating liquidity from multiple exchanges. This ensures that users get the best possible prices for their trades. The platform offers real-time market data, advanced charting tools, and a secure wallet for storing digital assets.

7.Unocoin

Established in 2013, Unocoin is a technology startup headquartered in Bangalore and marks India's pioneering foray into the bitcoin industry. It operates the largest BTC-INR trading platform in India, facilitating the buying, selling, storage, usage, and acceptance of bitcoin for Indian users. At its zenith, Unocoin processed transactions exceeding INR 2 billion per month for its expansive customer base of over 1.3 million individuals. Within a span of less than four years since inception, the company has attracted investment from over 30 top investors spanning five countries.

Unocoin is renowned for its groundbreaking innovations, including the Bitcoin Systematic Buying Plan (SBP), crypto lending, crypto interest earning, Bitcoin Point of Sale (POS) App, and Bitcoin Over-The-Counter (OTC) trading. The company has also introduced the Unocoin Exchange, enabling users to exchange INR and other listed crypto assets such as BTC, LTC, XRP, ETH, BCH, BTG, various ERC20 tokens, among peers.

Recognized among the Top 20 companies in The Fintech20: India List, Unocoin has garnered prestigious accolades like the 'Golden SABRE Award' in financial communications for its project 'Bit-by-Bit: Building Bitcoin in India' and the 'TECH30' award from YourStory. In its journey, Unocoin has secured over $5 million in funding through Pre Series-A and Series-A rounds. This funding has been provided by prominent Indian entities like Blume Ventures, Mumbai Angels, and ah! Ventures, alongside notable international investors such as Draper Associates, Tano Capital, XBTO Ventures, Digital Currency Group, Boost VC, Bank to the Future, Bitcoin Capital, Digital Finance Group, Dream Incubators, and FundersClub. These investments are aimed at propelling Unocoin towards its vision of simplifying money through its mission of bringing bitcoin accessibility to billions.

8.Giottus

Giottus is revolutionizing the digital asset trading landscape for Indian users by constructing a platform that prioritizes customer needs, boasting top-tier customer support comparable to leading international exchanges.

Here's why users are enamored with Giottus:

• High Ratings and Admiration: Rated highly across platforms with Google scoring at 4.8/5, Facebook at 4.9/5, and Trustscore at 4.8/5.
• Proprietary Order Processing Engine: Empowered with a bespoke order processing engine adept at managing millions of concurrent transactions.
• Insurance Protection: Offers 100% insurance coverage against cyber thefts for funds safeguarded in Cold Wallets.
• Swift KYC Process: Completes 95% of KYC verifications within a speedy 10 minutes.
• Round-the-clock Banking Support: Facilitates INR deposits and withdrawals seamlessly throughout the day.
• Multilingual Customer Support: Extensive language support in English, Hindi, Tamil, and Telugu.
• Beginner-Friendly: Preferred by novices, Giottus provides tailored products and solutions catering to users of all proficiency levels.

Key product features encompass:

• Trade across 100+ cryptocurrency pairs.
• Spot Exchange: Emerges as the most liquid exchange in India, with a primary focus on INR pairs.
• One-Click Buy: A favored feature among beginners, enabling deposit of INR and purchase within a minute.

9.Sun Crypto

SunCrypto is a cryptocurrency exchange platform that allows users to buy, sell, and trade a wide range of digital assets. Designed to be user-friendly, SunCrypto aims to make cryptocurrency trading accessible to both beginners and experienced traders alike. The platform offers various features, including real-time market data, advanced trading tools, and a secure environment for transactions.

SunCrypto supports multiple cryptocurrencies, enabling users to diversify their portfolios and take advantage of the growing digital asset market. The exchange also emphasizes security, implementing robust measures to protect user funds and data. With a focus on customer support, SunCrypto provides assistance to users through various channels, ensuring a smooth and reliable trading experience.

In addition to its trading services, SunCrypto may offer educational resources to help users better understand the cryptocurrency market, making it a comprehensive platform for anyone looking to enter or expand their presence in the crypto space.

10.Delta Exchange

Founded in 2018, Delta Exchange is a crypto derivatives platform that provides Futures, Perpetual Swaps, and Options on Bitcoin and over 50 Altcoins, with leverage up to 100x.

Supported by prominent investors and projects like CoinFund, Aave, and Kyber Network, Delta strives to offer an exceptional trading experience through its powerful trading engine and diverse range of derivatives products.

Delta offers some of the most innovative derivatives products, including Calendar Spreads, Interest Rate Swaps, and Turbo Options on Bitcoin.

Delta is known for having the lowest volatility and tightest spreads in the Options category, with a distinct offering that includes Straddles (MOVE), Call and Put Options, and Turbo Options on underlying assets such as BTC, ETH, LINK, LTC, XRP, BNB, and BCH.

Summary : In summary, India's cryptocurrency market is growing, with more government support and increasing interest from investors. Picking the right exchange is important for the new users. Our top choices are Coindcx, Wazirx, Zebpay, Flitpay, Bitbns, Unocoin, Giottus, Suncrypto and Delta exchange. These FIU Compliant platforms offer safe and easy ways to trade digital currencies in India.