Cryptocurrency is basically a digital currency. Ex- Bitcoin, Ripple, Etherium, Dogecoin, and many more. To trade in Cryptocurrency one needs a platform.
After the removal of the ban on Crypto Currencies in India, It became the talk of the town nowadays.
Everybody nowadays is very eager to know this market and wants to double their money.
But a question comes, From where?
Not to worry about, this article is the answer to the question. In this article, we will be seeing the top 5 Cryptocurrency exchange in India.
By Clicking this you can enter the world of Cryptocurrency.
Best Crypto Exchange In India
1. Coinswitch Kuber
Coin switch Kuber came into existence in the year 2017 but in India launched recently in June 2020
It has gained popularity in India too soon. According to a report Coinswitch Kuber valued at $500 million after raising $25 million from Tiger.
Coin Switch Kuber claims that now it has 4 million users.
If we talk about the deposit and Withdraw fee, Coinswitch Kuber charges INR 0 by their customer. But they have strong planning and system by which they earn as the prices of Cryptocurrencies are different across all the platform.
Fee and Charges
|1. Deposite Fee||₹ 0|
|2. Withdrawal Fee||₹ 0|
|3. Maker Fee||0.2%|
|4. Taker Fee||0.2 %|
|It has an easy User Interface||High Charges Fee (Prices of Crypto coins and token is normally high)|
|Fast Transactions||Less no of Choices|
|For Beginner, it is best||No Web support, Apps only|
WazirX launched in 2017 just when RBI gave the rule that banks can not be used to buy crypto.
WazirX is successfully able to make a chain of more than 3 million users. It has a monthly trading value of more than $2.4 Billion. In 2019 it is acquired by another Crypto exchange which has already marked its impact in this market internationally.
|Deposit Fee||₹ 5-10|
|Withdrawal Fee||0.0006 BTC|
|Various modes i.e. P2P, STF mode||Difficult to understand|
|The deposit can be Easily transferred into Binance without any fee||Crashes instantly as Compared to another Exchange|
|More number of currency enlisted|
Binance came into existence in 2018. It has two modes for the user. One is light mode and another is Pro mode. Depending on the skills of users they choose between these two.
The graph which represents the currencies Fluctuates instantly which enables traders to profit more.
|Maker Fee||They have varying charges depending on the volume of trade|
|Taker Fee||They have varying charges depending on the volume of trade|
|Having two-mode i.e. Pro and Light||Trade can not be done in INR directly|
|It gives immense Profit||Conversion Charge|
|The number of Crypto listed is huge||Difficult to Understand|
It is one of the oldest Crypto exchanges in India, launched between 2014 and 2015.
It is considered as the first Crypto Exchanger by which India bought Bitcoins.
|Deposit Fee||₹ 10- 15|
|Withdrawal Fee||₹ 10|
|Fast Transactions||Monthly Membership charge if not traded at least one trade in a month|
|Easy User Interface||High Charge|
5. Coin DCX
It was launched in 2018. Coin DCX is a Singapore-based Crypto Exchange that Provides 200 different types of Crypto Currencies.
In India, its office is located in Mumbai. It supports instant transactions with ease to the treaders.
|Deposit Fee||₹ 0|
|Withdrawal Fee||0.0005 BTC|
|Availability of a huge number of CryptoCurrencies||High Charges|
|Instant Transactions||Less Interactive|
|Available on Web and App|