There is a huge attraction towards cryptocurrencies among the Indian people because last year a good increase has been seen in the prices of Bitcoin hence the attraction towards cryptocurrencies is also increasing and apart from Bitcoin many coins are also available. Coins like Ethereum Dog Coin Shiba Inu are performing well. The interest of crypto investors is increasing further, so they want to create an account on the best cryptocurrency exchange in India 2024 and invest their money in cryptocurrency.
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Top 11 best cryptocurrency exchange in india 2024
- CoinSwitch:CoinSwitch is considered to be the first exchange in India which was established in 2027. Currently, 25 million users are associated with India which is a crypto app its firm is established in Bengaluru and supports investors from all over the world including A16Z to Tiger Global and Sequoia Capital India.
- WAZIRX: Creative is one of the cryptocurrency exchanges in India whose main branch is established in Mumbai. On which more than 10 million users are available its main feature is that it provides user friendly interface on both desktop and mobile mode. WazirX charges around 0.2% and you have to pay a one percent TDS fee. The most important thing is that more than 500 cryptocurrencies are available to a customer. You can trade on this platform. You can easily buy and sell cryptocurrencies. If you send a referral to a user, you can earn 50 percent of his trading fees.
- CoinDCX:Currently, CoinDCX has good recognition in India with around 16 million users currently using this app its main app is available on both desktop and mobile and both its interfaces provide friendly service. A fee of 0.2% is charged to trade on the CoinDCX. If you send someone a referral, you can earn around 20% commission from his trading fees. This is fully explained on the platform and customer service support.
- ZebPay:Launched in 2014, the Singapore Exchange has become famous around the world and has added about 5 million users in 163 countries. Due to this range of specializations of GPay, this facility was also provided if you want to do any type of loan. You can borrow crypto through this app. To lend money, the consumer had to pay four percent interest. So the platform started growing and it supported the Lightning Network
- BitBNS:Which was launched in 2017, and is one of the top ten cryptocurrencies launched in India. Its popularity began to grow especially as margin trading was considered the best platform for both spot trading and derivatives trading.
- UnoCoin:UnoCoin is one of the oldest crypto exchanges to be launched in India, on which a platform was built specifically for trading Bitcoins but new coins started coming to the investors and despite its popularity, it is not in the crypto market. Stood up very well. And new coins also started coming into the market and launching on it and it is the oldest exchange to be launched in 2013.
- Kraken:Despite being an American exchange, Kakkaren Exchange offers a good range of options for investors in India on this app, traders have to pay a fee of 0.06 percent on trading, and on this, you can do margin and derivative trading very easily. This is particularly pointed out by investors and 95% of the currency’s assets are always kept in storage for safekeeping and a high level of security is built into it a drawback appears in that the currency is a foreign currency. Due to this, you may need to deduct TDS.
- Paxful:In this app a good strategy is adopted in peer to peer-to-peer marketplace place and unlike in all-up exchanges payment is done in many ways but in this peer-to-peer system shows more interest among the people and it is beneficial for the investors. It allows buying and selling to other users through completely paid and online and the main reason is that the market is easy to use because of the Indian Government policy. It also has Astro services that ensure that our cryptocurrencies are kept safe until the entire transaction process is clear between investors.
- Giottus:This crypto exchange is one of the most well-compliant exchanges in India that was launched in 2017 and it significantly focuses on its crypto exchange staking services for Indians and KYC arrangements for accountable customers. It is organized in a special way
- Mudrex:There are over 300 cryptocurrencies present on the Mudrex exchange. It provides security and has crypto coins mounted on it like a basket, which we call a coin set. Its specialty is that it collects coins in the form of umbrellas which especially helps in protecting from risks hence this crypto exchange is considered better.
- BuyUCoin: The crypto exchange provides its user with an intuitive interface which becomes an advancement for their trading and their experience is completely completed in a good way. This is due to the exchange being versatile in many ways which makes it easier to buy a crypto exchange. And proves to be loyal to the traders’ activities like selling
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CHOOSE BEST CRYPTO EXCHANGE
First of all, you should choose a good crypto exchange so that you can get good profits on the exchange in the coming time. One should know how much trading fees are charged on the exchange and whether the exchange follows the rules of our country or not. Only after getting all this information, should you select the exchange.
Before downloading any crypto exchange you should find out whether it follows the regulations or not. You should pay special attention to this. If this industry follows the rules then it can be a better platform for you.
You should check it on one thing, you should check the partial direction transparency regarding transferring money in this exchange, what is involved
You should only choose the best trading platform in India that people can trust and whatever you see on the internet. Never trust him because you may suffer huge losses. Based on all this information, do safe trading as per the research done by them.