Best 6 Cryptocurrency Exchange Applications For Trading Bitcoin
Best 6 cryptocurrency exchange applications for trading Bitcoin, Ethereum, and more in India
Everyone’s talking about cryptocurrency these days. The unexpected spike in digital asset prices and a swarm of advertising starring your Bollywood starlet proclaiming that bitcoin is the future may be to blame. If you are looking for shortcuts and earn a lot of profit, then cryptocurrency exchange applications like Pionex are the solution.
Using these applications is an essential part of assessing the whole crypto ecosystem. You may use them to look up cryptocurrency values, purchase and sell alternative cryptocurrencies, and keep track of your account.
When looking for an online bitcoin exchange app in India, it’s essential to know what they do before you get to the list of the top ones (and their features and costs).
The purpose of a bitcoin exchange app
Apps that allow you to trade (buy and sell) cryptocurrency on the fly are becoming more popular among cryptocurrency users. It is not necessary to mine cryptocurrency on laptops.
If you want to trade cryptos and join the world of decentralized digital currency networks, these applications are there to assist you in doing so. The whole procedure has been streamlined for anybody interested in signing up, and the mobile app layout has been designed to be simple and easy to use.
Google Play Store and Apple App Store both feature applications for Android and iOS devices that allow you to swap cryptocurrency on the go.
Top 6 Indian crypto-currency trading applications
It’s important to remember that the legitimacy of cryptocurrencies in India is still a matter of debate. It hasn’t yet been recognized as a legal currency in the nation. This has led to a slew of cryptocurrency trading applications in the past few years that enable you to buy in cryptos such as Bitcoin, Ethereum, Dogecoin, and more using your smartphone rather than heavy computers such as PCs. Top cryptocurrency exchange applications in India are listed below.
- Trading a broad variety of currencies is possible using this platform.
- You may choose among more than one-hundred different cryptocurrencies.
- Every transaction is charged a 0.2 percent fee.
Many people have been using this name on social media, which suggests that it has become relatively popular. Investing in this cryptocurrency exchange may be done using INR, USD, BTC, or even P2P funds.
WazirX has its coin, WRX, which can be purchased using Indian rupees. There are several ways you may utilize WRX after that. Many people use WazirX because it offers a wide variety of competitions that allow you to win money. Second-factor authentication (SFA) and App passcodes may be configured from the phone’s settings to protect user accounts.
For both buyers and sellers, WazirX charges a 0.2 percent fee. You may deposit any amount more than Rs 100 into your WazirX wallet using the NEFT, RTGS, IMPS, and UPI transfer methods. Transacting through UPI incurs no costs, whereas the first three methods have a transaction fee of Rs 5.9.
- One of India’s oldest and most popular crypto trading applications.
- Option of setting up a selling timetable
- Payments by NEFT, RTGS, IMPS, or UPI are free of charge.
Unocoin is the next cryptocurrency on the list, and it is well-known for its easy user interface and support for a wide range of cryptocurrencies. To use the App, users must first register an account and ensure that their KYC (Know Your Customer) information is correct. It also has a “Schedule Sale” tool that automatically sells items from your page.
Compared to WazirX, Unocoin users are paid a fee of 0.7 percent for buying and selling assets. For a minimum of 60 days of use, this charge applies. The App then charges a 0.5 percent fee and upgrades you to a Gold membership.
It’s more than WazirX’s minimum of Rs 1,000, which is why Unocoin deposits are more popular. However, there are no costs associated with utilizing NEFT, RTGS, IMPS, or UPI to make a deposit.
As a result, using MobiKwik wallet entails a 2% transaction charge, in addition to any costs imposed by your bank or credit card company. Finger ID and password biometric security measures are also available on Unocoin. The App will lock you out if you enter the incorrect code and biometric ID.
- You can purchase and trade more than 200 altcoins.
- Sellers and buyers pay 0.1 percent fees.
- The platform is safe.
With CoinDCX, cryptocurrencies may be traded in a variety of ways. It supports around 200 trade coins. A one-time password (OTP) on your registered cellphone number and email address simplifies the whole setup procedure. In addition, the App’s Settings menu has a wealth of information about cryptocurrency investment and how it works in the virtual world.
With CoinDCX, there is no minimum withdrawal limit, and no fees are paid on withdrawals under Rs 1,000. CoinDCX charges a maker cost of 0.1 percent and a taker fee of 0.1 percent. Only Indian rupees (INR) may be traded on this cryptocurrency trading app. NEFT, IMPS, RTGS, UPI, and even a primary bank transfer are all acceptable methods of funding the account.
A lot of security precautions are in operation with CoinDCX, which is a plus. However, the Google authenticate App must first be used to validate the identity of the user. Because if you don’t have this, you won’t be able to begin trading. It would be best if you also created a withdrawal password that must be validated for each withdrawal.
- Referral commissions are the highest.
- All cryptos may be deposited for free.
- The minimum deposit is Rs 100.
Zebpay is a cryptocurrency exchange app you may be acquainted with since it is also a cryptocurrency exchange app. It’s one of the first crypto trading applications. You may join up and provide all of your KYC information using your mobile phone’s SIM card to get started trading.
Then, refer a friend, and you’ll be paid! That’s how the system works. To put it another way, if you can get people to join up for Zebpay using your connections, you’ll collect 50% of the trade fees for a year. To make a deposit, you need to have at least Rs 100 in UPI or at least Rs 1,000 in another payment method.
On Zebpay, fees are levied on a wide range of transactions. It charges a monthly cost of 0.0001 BTC for its services. However, the App claims that if you actively invest in it, you may avoid paying fees.
A 0.15 percent maker charge and a 0.25 percent taker fee are both included in Zebpay’s pricing. However, if you purchase and sell on the same day, you pay a 0.10 percent transaction cost.
There is no charge to use Zebpay to deposit any cryptocurrency. For UPI, the price is Rs 15, while net banking charges 1.77 percent of the deposit. Bitcoins are charged 0.0006 BTC for each transaction on the site and a cost of Rs 10 per withdrawal.
- You may choose from more than one-hundred different cryptocurrencies.
- UPI and NEFT deposits in Indian rupees
- A range of investment options that start at a little Rs 100.
It was hard to watch the IPL without seeing an advertisement for CoinSwitch Kuber at some point. It has received investment from well-known investors and venture capital companies, including Sequoia Capital.
Trading in up to 100+ cryptocurrencies is said to be possible, with some of the highest trading rates in the industry guaranteed. To begin trading on the App, enter your phone number. There is no way to trade until the KYC process has been completed.
To keep your account safe, the App gives you the option of using a four-digit PIN. According to CoinSwitch Kuber, the trading charge would be waived for the first 100,000 users of the site for 100 days.
With an easy UI and active promotion, CoinSwitch Kuber has attracted a large number of new users. If you’re looking for a crypto exchange app that accepts deposits in INR, there are many options available.
However, the company does not reveal how it safeguards the crypto assets on its platform. There is room for development in the general service model, but the specifics of trade are lacking.
- This platform supports global bitcoin exchanges. OKEx
- Many newer trading pairs are available.
- First dibs on brand-new altcoins
There is a bitcoin trading app called Bitbns that is also on the market. On both Android and iPhone, the App allows you to purchase and sell cryptocurrencies without the need for a third-party intermediary.
From Bitcoin and Ethereum to the relatively new Shiba Inu, the program lists more than 100 different types of cryptocurrency. Moreover, with its cooperation with the worldwide cryptocurrency exchange, OKEx, Bitbns can provide trading convenience like no other cryptocurrency exchange.
Traders in India may purchase USDT, LINK, AAVE, MATIC, and USDC by bank transfer, IMPS, and UPI by choosing Bitbns in OKEx’s buy/sell interface. The agreement also seeks to provide Indian traders with access to a fiat gateway, a wide selection of fresh trading pairs, priority access to new coin/token releases, and high-yield staking products.