Best cryptocurrency exchange apps in India for online trading: CoinDCX, WazirX, CoinSwitch Kuber and More
What can an app for cryptocurrency exchange do?
For those who aren’t aware the cryptocurrency exchange applications provide users gain access to the various cryptocurrency options on the market, and allow you to make trades (buy or sell) these on the move. There is no need to mine cryptocurrency using laptops. Instead these apps help the desire of traders to trade cryptos and get into the world of digital currency decentralised networks. The whole process is made simpler for anyone who wants to sign up and the mobile app interface allows for the need for quick learning. You can find crypto exchange apps that are mobile-friendly in the Google Play Store and Apple App Store that work on Android and iOS phones, respectively.
The top cryptocurrency exchange applications in India
It’s important to mention the legitimacy of crypto in India remains in the in the air. It’s not been declared to be to be a legal currency in the country as of yet. But, the regulators have allowed firms to launch their businesses which has resulted in a variety of cryptocurrency exchange applications in the past couple of years that allow you to trade in cryptos like Bitcoin, Ethereum, Dogecoin and many more with your phone instead of heavy devices like laptops. Here are a few of the most popular cryptocurrency exchange applications available in India:
- WazirX
- Unocoin
- CoinDCX
- Zebpay
- CoinSwitch Kuber
- Bitbns
- Krypto
1. WazirX
You may have seen the name in social networks quite often recently, indicating that it is very popular with users. The crypto exchange app lets users to invest in the INR currency, US USD, Bitcoin as well as P2P. In actual fact, WazirX has its own coin called WRX , which can be bought with INR. It is then possible to make use of WRX as a way to buy other cryptocurrency. One of the most popular advantages of WazirX is the ability to make money by participating in different contests available on the details section of the application. Users can protect their accounts with 2FA or App passcodes, which can be activated from the settings on the phone.
WazirX is charged a charge of 0.2 percent, which is applicable to both the maker and taker. You can transfer any amount that is greater than 100 Rs into the WazirX wallet using NEFT, RTGS, IMPS, and UPI. The first three are accompanied by a the transaction cost of Rs 5.9 and UPI transactions are free of fees.
Download WazirX on Android || iPhone
2. Unocoin
The next option is Unocoin that is famous for its easy user interface as well as support for a variety of different cryptocurrencies. In order to sign up for the application, users must create an account, and be sure to fill in all KYC (Know Your Customer) information. The app also has the ability to schedule sales that lets you automate selling via your profile page. Unocoin users pay an amount of 0.7 percent for the purchase and sale of the assets they own, which is much higher than the rate WazirX is charging. The fee is applicable to a minimum use for 60 consecutive days. After that, the application to charge 0.5 percent, and then upgrades you to a Gold membership, too.
Unocoin deposits are allowed to be made with an amount as low as Rs 1,000, which is greater than the amount WazirX provides. However, when you make a deposit through NEFT, RTGS, IMPS or UPI, customers do not have to pay any costs. However when using MobiKwik wallet will incur transaction charges of 2 percent. For credit or debit cards, there is an amount set by banks. Unocoin also provides biometric security options using your the use of a finger ID or passcode. If you enter the wrong code when you enter your biometric identification, then the application will be able to log you out.
Download Unocoin on Android || iPhone
3. CoinDCX
CoinDCX is recognized as the most flexible trading platform for cryptocurrency assets in the world. It allows you to buy or sell up to 200+ trade currencies. In addition the set-up process is now simpler with the help of the one-time password (OTP) that you can create using your mobile number registered with the company and email ID.
If you visit the Settings tab in the app, you’ll be able to discover a wealth of information about cryptocurrency investing and how they function in the world of virtual. CoinDCX has a maker and charge for takers of 0.1 percent. There is a minimum withdrawal limit of Rs . 1,000, with no charges. The cryptocurrency exchange app allows INR for trading with cryptocurrency. You can transfer money to the account by using NEFT UPI, RTGS, IMPS or even a basic transfer to a bank.
CoinDCX is a plethora of security measures and that’s a great thing. The first step is to verify their identity using the Google authenticate application. Without this you will not be able to trade through the application. It is also necessary to create an account password for withdrawals that has to be validated for every withdraw you take.
Download CoinDCX on Android|| iPhone
4. Zebpay
Another exchange application for cryptocurrency that you may have heard of is Zebpay. It’s among the most popular cryptocurrency trading applications on the market. It allows you to sign up and complete KYC information using your mobile number in order to begin trading. Zebpay supports the refer-and-earn option. If you are able to convince people to consider cryptocurrency trading through Zebpay to other people and they join, you will receive 50% of the trading charges made via your hyperlinks for a year. The minimum amount of deposit for UPI is Rs 100 as well as for other types of payment, it is Rs. 1000.
Zebpay is a payment platform that charges fees across all levels. It charges a membership fee that is 0.0001 BTC per month. It claims you can get rid of the fee by investing actively into it. Zebpay comes with 0.15 per cent maker fees, and 0.25 percent taker fee , too. However, if you trade (buy or sale) occurs within the same day, you’ll be charged a trading fee of 0.10 percent. Zebpay allows free deposits of all cryptos. If you make a deposit using UPI it will charge an additional fee of 15 rupees and 1.77 per cent is charged for netbanking. Additionally, the platform charges 10 rupees for withdrawals. For Bitcoins, the fee is 0.0006 BTC.
Download Zebpay on Android|| iPhone
5. CoinSwitch Kuber
CoinSwitch Kuber was an ever-present advertisement feature in the IPL last year. The platform has received funding from renowned investors and VC firms such as Sequoia and many others. The company claims that it lets you trade more than 100 cryptos and offers the most competitive trading rates on the market. Utilize the number on your phone to set up an account through the application. However, you can’t begin trading prior to completing the KYC procedure, of course.
The app will provide you with the option of a 4-digit pin code to protect your account with the application. CoinSwitch Kuber claims that its first 100k customers who sign up on the platform will not have to pay the fees for trading for the first 100 days. The user interface is simple and the aggressive marketing has gained people’s trust with CoinSwitch Kuber. The most popular crypto exchange application lets you deposit INR using bank transfer, NEFT and UPI. The platform does not provide information on its security measures to ensure the crypto assets safe. The overall system of service needs improvements and the specifics of trading aren’t detailed.
Download CoinSwitch Kuber on Android|| iPhone
6. Bitbns
Bitbns is a different app that allows you to trade cryptocurrency. Available for download on Android mobile phones and iPhone it allows you to buy and sell altcoins with no involvement of a third party. The app includes more than 100 cryptocurrency options, ranging from the most well-known Bitcoin as well as Ethereum to the new Shiba Inu. Additionally, Bitbns offers ease of trading unlike any other cryptocurrency exchange due to its association with the global currency exchange OKEx.
When using the Buy/Sell tool of OKEx, users in India can purchase USDT, LINK, AAVE, MATIC and USDC with rupee through bank transfers or IMPS, as well as UPI. The company also plans to provide Indian customers access to gateway for fiat as well as a selection of the latest trading pairs, prior access to brand new coins/token launches and high yield staking options through the partnership.
Download Bitbns on Android|| iPhone
7. Krypto
It’s not as well-known as other exchange applications for cryptocurrency However, Krypto is trusted in more than 160 countries. It has a simple interface as well as a wide range of flexibility. In addition, Krypto has zero trading fees, an easy onboarding procedure, free and immediate fiat deposits and withdrawals, 24-hour customer support, as well as Giftcards. Krypto is registered under Blockchain & Crypto Asset Council of India.
Krypto is also able to make payments or send cryptocurrency at any store in India. It can support more than 100 cryptos and payment methods that are popular, like UPI or bank transfers.
Download Krypto on Android|| iPhone
Cryptocurrency exchange apps: availability and features
Cryptocurrency exchange apps | Availability | Features |
WazirX | Android and iOS | Lets you trade in various currencies, Over 100 cryptocurrencies available to buy, Charges just 0.2 percent commission on every transaction |
Unocoin | Android and iOS | One of the oldest crypto exchange apps in India, Schedule sale option, No fees on payments through NEFT, RTGS, IMPS, or UPI |
CoinDCX | Android and iOS | 200+ altcoins available to buy and sell, Charges 0.1 percent fees on maker and taker, Secure platform |
ZebPay | Android and iOS | Highest referral commission, Free deposits for all cryptos, Minimum deposit Rs 100 |
CoinSwitch Kuber | Android and iOS | 100+ cryptos on offer, Deposits in INR via NEFT, bank transfer, and UPI, Flexibility to invest as little as Rs 100 |
Bitbns | Android and iOS | Supports global cryptocurrency exchange OKEx, A range of newer trading pairs, Priority access to new altcoins |
Krypto | Android and iOS | Free trading, supports 100+ cryptos and payment modes like UPI and bank transfer |
These were among the best crypto exchanges in India.