Cryptocurrencies offer an immense level of opportunity that’s hard to find elsewhere. The best platforms to use are carefully designed with great features and tools that will help you with your trading efforts in the crypto market & also very important, a reliable platform has the ability to offer you peace of mind.
Cryptocurrency Trading: It is the process of buying and selling cryptocurrencies on a digital peer-to-peer (P2P) basis. These transactions are made in form of crypto tokens, with the help of virtual currency exchanges. The tokenization in this process is done with the use of public keys.
If you are interested in crypto, be sure to look for a platform that offerings the best security and returns. There are multiple platforms to invest on and most of them have strong shareholders backing their product. .Do your research before investing on a platform
Cryptocurrencies are becoming increasingly popular in India. There are a number of cryptocurrency exchange apps that Indians use to trade cryptocurrencies and keep track of the market.
Here is a list of the 10 cryptocurrency exchange apps that Indian investors prefer.
Bitbns
Bitbns offers the best prices for trading cryptocurrencies across the globe; they’re always up to date with technological advances and have had a loyal and consistent customer base ever since they were established. Bitbns is the perfect cryptocurrency exchange for your needs, giving you best deals on cryptocurrencies with multiple denominations and support for up to 144+ currencies.
Bitbns has recently introduced the USDT Market, where users can trade cryptocurrencies against USDT. This is to prepare for a long-term cryptocurrency movement from an unstable market to one that is more stable. The minimum net worth a user needs to have on Bitbns is Rs 2,000. Bitbns recommends its users to couple margin trading with bracket order to avoid volatility risks.
BuyUcoin
Delhi-based on-ramps crypto exchange currently has over 350,000 users and processes $300M+ in digital asset transactions. This platform allows users to buy, sell, trade & store multiple digital assets like Bitcoin, Ethereum and Ripple.
With BuyUCoin, 95% of funds are kept safe offline HTTPS and HSTS secure connections. It offers products like BuyUCoin, Crypto-Labs, Exchange, Derivative, Affiliate, OTC Market, BuyUCoin EZ, EZ Cashback, Referral, and Free Demo Account.
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CoinDCX is India’s largest and safest cryptocurrency exchange. Their exchange is built with user experience and security in mind. CoinDCX provide users single-point access to a diverse suite of crypto-based financial products and services that are backed by security processes and insurance.
CoinDCX have the highest number of cryptos listed in India and give instant fiat to crypto conversions free of charge. They also give instant deposit and withdrawal facilities. CoinDCX charge the lowest trading and crypto withdrawal fees. The wallet structure is versatile and provides the best fee structure in the industry.
CoinSwitch Kuber
Bengaluru-based crypto exchange CoinSwitch Kuber hit 4.5 million users in just under 11 months and was the fastest growing crypto exchange in India. Founded by a team of entrepreneurs, who hail from Amazon, Microsoft & Zynga, Kuber is made up of a group of loyal and passionate co-founders.
It has created a friendly crypto app to buy, sell and store 100+ cryptos with INR instantly at best rates. There are a lot of features in this platform and one of them is its ease of use. With such as simple design, you’ll find it easy to buy, sell and manage your investments on the site. The instant deposit & withdrawal feature also makes trading over 100+ assets an easier task than ever before.
Colodax
Colodax was created in the year 2017 by the same development team that created the platform CrypDates. It aims at providing its users with fast transaction speeds and trade executions. Colodax manages their assets with security and protection by utilizing cold storages and wallets that are spread out across the country. This allows for high-quality & safe experience for their users.
The platform is renowned for providing extremely fast transactions on their platform. You can rely on their automated monitoring system to expedite transactions. The fee structures of the platform are quite detailed and different fees apply to each cryptocurrency that platform deals with.
Giottus
Giottus is a domestic cryptocurrency that was created with the aim to provide zero downtime and high processing speed to its user. The platform can handle almost 50 thousand transactions per second and is stable even when millions of orders are placed at once. It’s a great choice for anyone looking to grow & manage their business.
It is also one of the few platforms and possibly the only one in India that has implemented the stop-loss methodology, thus helping its users to automatically cut losses and drive up the profits whenever necessary. The platform has a decent transaction fee schedule of 0.25 percent on every buy order and 0.15 percent on every sell order.
Krypto
Krypto is an online platform that accepts cryptocurrencies for payments. It aims to be the one-stop solution for all customer’s cryptocurrency needs and lets you buy, sell, trade or even pay with your crypto.
The Bangalore-based Krypto believes that their platform can disrupt the crypto trading industry by making the buying, selling and sending process swift, easy, and risk-free. Also, they aim to ‘instantly’ settle all trades into other digital assets.
Unocoin
Unocoin, a cryptocurrency exchange operating in the Indian Subcontinent, was established in 2013. Its goal is to provide trading and currency services to Indian citizens. The platform was created before the Supreme Court’s decision to uplift the ban on cryptocurrency trading & hence faced a lot of flak from the Reserve Bank of India and other financial institutions shunned it too.
Unocoin only stores cryptocurrencies in multiple addresses that are connected to offline storage. This provides extra protection of your investment and prevents your account from being compromised. Although Unocoin trades only in some tokens, like Bitcoin & Ethereum, it is worth taking a look for traders who want to rest easy about their cryptocurrency portfolios.
WazirX
WazirX is considered one of the standout performers within the domestic cryptocurrency exchange sector. It was created in 2017 and has been gaining in popularity ever since. The platform undergoes security audits every month to keep users’ investments safe and secure.
The peer to peer transaction platform also offers its users a system that can handle millions of transactions and is scalable to support greater demand. WazirX is a low-fee cryptocurrency exchange and transactions are handled through a variety of different platforms. It also has an easy to use interface and the fee structure of 0.1% – 0.2%.
Zebpay
Zebpay is among the major domestic players in the field of online cryptocurrency exchanges and was developed in 2015. The company had to temporarily close due to the Reserve Management Bank’s ban, but reopened shortly after when an Supreme court overturned it. Zebpay has a large clientele, serving more than 3 million customers since it was founded. Their fee structure is clear and easy-to-understand with regular updates.
The platform also has a clutter-free interface, even for those new to crypto trading. It’s simple and makes it easy for you to use the service! The mobile app adheres to system security through storing funds in cold wallets, which are air-separated and located everywhere. It also uses firewalls and has its own protocol system for security.
Disclaimer: The author’s opinions expressed in this article are solely the author’s opinion and not investment advice. The fundamental perceptions of this article are not an investment recommendation.
