Blog

Best Crypto Exchange in India: Top 9 Platforms in Apr2024

Our editorial team uses a strict editorial review process to compile all reviews, research, and evaluations of any kind. Our company, WallStreetZen Limited, is supported by our user community and may receive a small commission when purchases are made through partner links. Commissions do not affect the opinions or evaluations of our editorial team.

Since crypto came to India in 2009, 115 million Indians have opted to invest. Today, more and more people are seeing the value in finding the right exchange.

Picking the best crypto exchange in India is not exactly straightforward. While some platforms have higher fees, they may also have better security — a trade-off many are willing to make.

If you are looking for an exchange with a good balance of security, ease of use, and reasonable fees, you’re in the right place.

I have taken the time to gather a list of the best exchanges into one comprehensive product guide. Some of the following are affiliates, but many are not. All are honest reviews.

Let’s take a look.

Knowledge is power — especially in the volatile crypto market.

If you want to increase your money-making potential in the fast-moving world of crypto, you’ve got to understand the basics. Udemy is a global educational hub that offers courses on a wide variety of financial topics — including crypto. If you want to increase your crypto market know-how, we highly recommend these two courses:

The bottom line: The best crypto exchange in India will ultimately be the one that best suits your specific needs.

That being said, some stand above the crowd.

  • The best app for cryptocurrency in India for beginners is ZebPay, thanks to an easy-to-use platform with advanced security features and transaction processing.
  • If security is your concern and you want the best available, WazirX stands above the crowd.

At-a-Glance: Top 9 Crypto Exchanges in India

Exchange
Overall rating
Minimums + fees
# of tradable coins
WazirX
⭐⭐⭐⭐⭐
Rs. 100 minimum deposit, 0.2% maker/taker fees
 200+
CoinDCX
⭐⭐⭐⭐⭐
 Rs. 100 minimum deposit, 0.2% maker/taker fees
340+
Kraken India
⭐⭐⭐⭐
Rs. 820 minimum deposit, 0.16% maker fee, 0.26% taker fee
200+
CoinSwitch
⭐⭐⭐⭐
Rs. 100 minimum deposit, 0.1% maker/taker fees
90+
UnoCoin
⭐⭐⭐⭐⭐
1,000 minimum deposit, .2% maker fee, 0.3% taker fee
80+
Bitbns
⭐⭐⭐⭐⭐
Rs. 100 minimum deposit, 0.25% maker/taker fees
390+
Giottus
⭐⭐⭐⭐
Rs. 100 minimum deposit, 0.3% maker fee, 0.2% NIL
120+
ZebPay
⭐⭐⭐⭐⭐
Rs. 100 minimum deposit, .15% Maker Fee, .25%% taker fee
80+
⭐⭐⭐⭐
$3,000 minimum deposit, 2.5% buy/sell fee, 1% annual custodial fee
60+

1. WazirX – Most Secure Crypto Platform in India

  • Overall rating: 4.5/5 stars
  • # of tradable coins: 200+
  • Minimums + fees: Rs. 100 minimum deposit, 0.2% maker/taker fees

What makes it great:  WazirX commands widespread recognition within India’s cryptocurrency realm because of its outstanding security, approachable design, and comprehensive coin options for investors.

Untitled

The exchange offers spot trades and perks like staking and referral programs.

WazirX is easy to navigate, which makes it ideal for newbies. I also like their native utility coin WRX as well as how liquid their transactions are.

Pros
Cons
Long List Of Cryptocurrency In India
No Margin Trading
User-Friendly Interface
Limited Advanced Trading Features
Native Token (Wrx) For Fee Discounts
Good Customer Service
Low, Transparent Fees
95% Cold Storage Finds
Advanced Blockchain Security Technology
Multiple Data-Encrypted Layers

2. CoinDCX

  • Overall rating: 4.5/5 stars
  • # of tradable coins: 340+
  • Minimums + fees: Rs. 100 minimum deposit, 0.2% maker/taker fees

What makes it great:  CoinDCX stands as a versatile crypto exchange dedicated to safeguarding your assets.

Untitled

The platform offers numerous cryptocurrency products, such as staking, futures trading, lending options, and margin trading.

CoinDCX uses 95% cold storage and has encrypted access to help stop unauthorized access.

Pros
Cons
Wide Range Of Supported Cryptocurrencies
Only Supports Inr As a Fiat Currency
Industry-Best Geographically Distributed Hardware Security Modules (HSMS)
A Recent Hike In Trading Fees From 0.1% To 0.2%
Multiple Trading Options (Spot, Margin, Futures)
High-Security Measures
Leverage Options For Futures

3. Kraken India

  • Overall rating: 4/5 stars
  • # of tradable coins: 200+
  • Minimums + fees: Rs. 820 minimum deposit, 0.16% maker fee, 0.26% taker fee

What makes it great: Kraken India takes pride in offering tight security protocols and unparalleled client service. That’s how they’ve become one of the leading cryptocurrency exchanges in the world.

Untitled

Their advanced range of tools, including margin trading, indices, futures, and their Cryptowatch market watcher, attract both seasoned experts and enthusiasts joining the market for the first time.

They have a number of educational resources if you need them. I also like their rapid online assistance if you run into a problem.

Pros
Cons
Globally Recognized Exchange
Limited Number Of Tradable Coins Compared To Other Exchanges
Enhanced Security Measures With its Physical Servers (Secure Cages with 24/7 Security)
Slightly Higher Fees Than Some Competitors
Strong Customer Support
No Staking
Large List Of Cryptocurrency In India Allowed
No Leverage
All Services Available In India
Limited Funding Options Available

4. CoinSwitch

  • Overall rating: 4.0/5 stars
  • Number of tradable coins: 90+
  • Minimums and fees: Rs. 100 minimum deposit, 0.1% maker/taker fees

What makes it great: At CoinSwitch Kuber, you can avoid Bitcoin transaction fees and enjoy low fees on other coins.

Untitled

With them, you can have access to an extensive catalogue of cryptocurrencies, ideal if you need diversification. Their processing speeds help you buy/sell at the rate you actually want, making this a little easier for beginners.

Pros
Cons
Zero Trading Fees On Bitcoin Transactions
No Margin Trading Or Staking Options
User-Friendly Interface
Limited Advanced Trading Features
Good For Beginners
No Demos
Fast Processing
Wide Range Of Supported Coins

5. UnoCoin – Longest Standing

  • Overall rating: 4.5/5 stars
  • Number of tradable coins: 80+
  • Minimums and fees: Rs. 1,000 minimum deposit, .2% maker fee, 0.3% taker fee

What makes it great: As one of the most trusted digital currency exchange platforms in India — operational since day one — UnoCoin offers extensive support and extensive security measures.

Untitled

The platform offers 80+ cryptocurrencies along with features like systematic buying plans, lending, and merchant processing services. It has a straightforward interface and plenty of support, making it a great candidate for beginning crypto investors.

Pros
Cons
Oldest And Trusted Exchange In India
Limited Advanced Trading Features
Wide Range Of Supported Coins
Limited Support
User-Friendly Platform
Higher Minimum Deposit Compared To Other Exchanges
Referral Bonus Available
Coins Are More Expensive Than Many Other Exchanges

6. Bitbns – Best Educational Resources

  • Overall rating: 4.4/5 stars
  • Number of tradable coins: 390+
  • Minimums and fees: Rs. 100 minimum deposit, 0.25% maker/taker fees

What makes it great: Bitbns is an easy-to-use platform with plenty of investment options and a strong focus on education.

Untitled

This user-friendly platform boasts an extensive list of tradable coins, including popular options such as Bitcoin, Ethereum, and Litecoin, while providing resources like research papers from its BitBnS Academy.

Pros
Cons
Wide Range Of Supported Coins
No Margin Trading
User-Friendly Interface
No App Available
Good For Beginners
Only Bitbns Native Coins (Bns) Can Be Staked
Educational Resources

7. Giottus

  • Overall rating: 4.3/5 stars
  • Number of tradable coins: 120+
  • Minimums and fees: Rs. 100 minimum deposit, 0.3% maker fee, 0.2% NIL

What makes it great: For anyone looking for a reliable crypto exchange with superior customer support, Giottus is a great option.

Untitled

The Giottus platform is specifically designed to be user-friendly while providing access to a diverse selection of supported coins. They boast features like spot trading, staking options, and attractive referral programs. If you use their in-house token, GOT, to enjoy exclusive discounts on fees along with multiple other advantages.

Pros
Cons
Wide Range Of Coins
Limited Advanced Trading Features
Highly Rated By Customers
No Margin Trading
User-Friendly Interface
Limited Funding Options
Native Token (Got) For Fee Discounts
Funds Secured By Insurance

8. ZebPay- Great for Newbies to Crypto

  • Overall rating: 4.5/5 stars
  • Number of tradable coins: 80+
  • Minimums and fees: Rs. 100 minimum deposit, .15% Maker Fee, .25%% taker fee

What makes it great: For Indian investors seeking a dependable cryptocurrency trading platform, ZebPay stands out as a popular choice.

Untitled

I love their commitment to customer safety and regulatory compliance. In today’s climate of hackers, this is all too important. Their easy-to-use platform is great for those new to the world of crypto.

Pros
Cons
Bitgo Security & Third-Party Security Testing
Limited Range Of Cryptocurrencies
98% Of The Coins In Cold Wallets
Nominal Trading Fee
User-Friendly Platform
Customizable Price Alerts And Notifications
Frequent Rewards And Promotions
Informative Market Updates Through The “Z Blog”

BONUS — Bitcoin IRA

  • Overall rating: 4/5 stars
  • Number of tradable coins: 60+
  • Minimums and fees: $3,000 minimum deposit, 2.5% buy/sell fee, 1% annual custodial fee

What makes it great: American living abroad? While not directly an exchange per se, this self-directed platform enables you to use your Individual Retirement Accounts (IRA) or other various forms of tax-sheltered plans to trade crypto.

Untitled

The emergence of cryptocurrencies as a viable investment option has brought up new questions around regulation and stability but also presents new growth opportunities too good to pass up on – if done strategically within secure platforms like Bitcoin IRA.

Though a great company, I have lowered the rating because this will only be ideal if you are an Indian with US residency.

Pros
Cons
Unique Investment Option For Retirement Accounts
Must Have US Residency
Secure And Compliant Platform
Limited Number Of Supported Coins
User-Friendly Interface
Higher Fees Compared To Other Exchanges
Tax Selter Opportunities

Why Aren’t All U.S. Crypto Exchanges Available in India?

Not all global crypto exchanges are available in India because of regulatory constraints and local market conditions.

In addition, scares, such as the temporary Bitcoin shutdown in 2018, have caused some exchanges to shy away from the Indian financial landscape and seek “sturdier” ground.

Crypto Exchanges in India: What to Look For

As cryptocurrencies gain traction across India, choosing an appropriate exchange can make all the difference between success and failure when investing.

Little things like having a busy dashboard can actually make a difference for many investors, while being of no consequence to some, so take my recommendations with a grain of salt.

However, the best crypto exchange in India should, at the very least, include outstanding security, smooth transactions, and reasonable fees.

In most cases, the lowest fees do not always mean the best exchange. In fact, if your platform lags in its transaction processing, that could potentially lose you a lot more money than the difference the fees would have made. Needless to say, so could a security breach.

Crypto can be volatile — it’s not wise to put all your eggs in one basket.

While stocks can’t match the 24-hour excitement of crypto trading, the right mix of stocks can offer steady returns — and potentially dividends, too.

Of course, that leads to the big question — how do I find the best stocks to trade?

One of our favorite resources? Seeking Alpha.

Since its founding in 2004, it’s become one of the most popular stock research websites in the world with more than 20 million visits per month. With 7,000 contributors who produce more than 10,000 articles per month, you’ll have access to plenty of well-researched and high-conviction stock picks (including crypto-related stocks). If you’re looking for a “why” before you invest in a stock, Seeking Alpha is one of the best resources out there.

Final Word: Best Crypto Exchange in India

Again, selecting the best crypto exchange in India will depend on your needs.

After reviewing all of the options, I suggest ZebPay is the best app for cryptocurrency in India, especially for newcomers to the crypto world.


FAQs:

Which crypto exchange is best in India?

The best crypto exchange in India depends on your specific needs and preferences. ZebPay stands out because it is great for beginners.

Is a crypto exchange the same as a crypto brokerage?

A crypto exchange allows users to trade cryptocurrencies directly with other users, while a crypto brokerage facilitates the buying and selling of cryptocurrencies on behalf of its clients.

Which crypto exchange is best?

The best crypto exchange depends on your specific needs and preferences. Many like ZebPay, WazirX, CoinDCX, and Binance India.

Which is better WazirX or CoinDCX?

Both WazirX and CoinDCX are popular crypto exchanges in India. The better option depends on your specific needs and preferences, such as the range of supported coins, fees, and user interface. WarziX seems to have better security while CoinDCX has more tradable coins.

What crypto exchanges are in India?

Some popular crypto exchanges in India include WazirX, CoinDCX, Kraken India, CoinSwitch Kuber, UnoCoin, Bitbns, Binance India, Giottus, and Bitcoin IRA.

Where to Invest $1,000 Right Now?

Did you know that stocks rated as "Buy" by the Top Analysts in WallStreetZen's database beat the S&P500 by 98.4% last year?

Our April report reveals the 3 "Strong Buy" stocks that market-beating analysts predict will outperform over the next year.

Avatar photo

About the author

Angelina Allsop

Contributor

Angelina graduated in 2005 from the W.P. Carey School of Business at Arizona State University with a Bachelor’s Degree in Global Business & Finance. She worked as a financial analyst for Northern Trust for three years and is now a full-time finance writer and digital nomad, traveling around the world with her husband. When she is not writing for WallStreetZen, she enjoys reading, writing fiction, and sipping on a refreshing beverage in a hammock.