Leading crypto exchanges in India - Bitget, WazirX, Binance, CoinDCX and Zebpay
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Cryptocurrency trading has seen significant growth in India with a large number of trading apps popping up to capture this exciting market. Crypto exchanges apps are the primary tools for the masses to trade digital assets. Some exchanges have established themselves as trusted platforms by providing a seamless trading experience in a diverse range of
Cryptocurrencies. Investors are required to be extremely careful while choosing crypto exchanges as it's difficult for newbies to distinguish a reputable crypto exchange and a fraud one due to limited experience and research .
In this article, we'll talk about the features and offerings that make the top 5 crypto exchanges in India the go-to platforms to trade crypto assets with safety and ease.
Bitget
Bitget is the no.1 exchange to buy and sell crypto in India. Bitget is the most safest and secure way for users to invest in crypto wisely. It has INR (Indian Rupee) and multiple currencies to buy/sell crypto. It’s the fastest growing exchange with high-end product releases.
Bitget is the fastest growing global Crypto exchange known for its easy ‘One-Click’ Copy trading feature. On Bitget users can replicate the trades of other expert traders. It is most popular for its Copy trading feature in both spot and futures markets .The exchange boasts real-time spot trading with over 800+ trading pairs along with a launchpad, margin trading and staking option. The exchange user interface is easy-to-use and minimal with over 4.8 ratings on the play store. The customer service is also friendly with 24*7 support.
Bitget has made huge partnerships including Lionel Messsi,the FIFA World Cup 2022 champion.The company recently made headlines after launching its $300 million user protection fund. Bitget has strengthened its presence in India through a series of educational community events. Bitget has been climbing up the ranks of the best in the industry, in fact it is the only exchange to report positive volume growth since the collapse of FTX.
WazirX
Wazirx, another exchange founded in 2018 can be used to trade crypto. Wazirx mainly operates in India specifically catering to spot traders and is known for its wide range of payment systems. The exchange offers 100+ trading pairs in both INR/USDT pairs. The app offers a smooth user interface in multiple Indian languages with advanced charts and other trading tools. The exchange also has its own token WRX which can be used to pay and save on trading fees.
Binance
Founded by Changpeng Zao AKA CZ, Binance has emerged as the entrance for new players into crypto. Binance houses the large trading volumes. This exchange offers a wide range of crypto products including lending,staking and margin trading. Cryptocurrencies listed on Binance follow a strict and lengthy listing process ensuring users are protected from scams. The exchange has partnered with world renowned football athlete, Critiano Ronaldo as their brand ambassador. The binance crypto exchange app is one of the most downloaded crypto apps with over 4.2 ratings.
CoinDCX
CoinDCX is another excellent crypto exchange with high volumes and a wide basket of crypto products. The exchange offers a huge selection of 200+ crypto assets with margin trading in across 250 trading pairs.CoinDCX has two different applications, one designed for beginners and another tailored for experienced traders seeking advanced features and tools.The CoinDCX app has demonstrated remarkable strength during market crashes by reflecting minimal outages. The exchange however has slower customer service which could take 3-5 days for a resolution.
Zebpay
Zebpay is one of the oldest crypto exchanges in India which launched in the year 2014 which had to close down in India around early 2018 due to a ban on cryptocurrencies by RBI.The exchange has since made a comeback and promises to compete with market leaders.The exchange has listed 20+ cryptocurrencies with 40 trading pairs.The Zebpay app has a simple user interface with limited features and controls. The app also imposes a membership fee for inactive accounts.
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“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”
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