Best Crypto Exchanges in India 2022: In the background of a big bull, bitcoin was one of the fastest rising digital assets in late 2020 and early 2021.
A recent Reserve Bank of India clarification indicating that its 2018 circular prohibiting banks from dealing in “virtual currencies” is illegal and cannot be referenced after being thrown down by the Supreme Court in 2020 has resurrected the Indian crypto sector in the last month. The bitcoin sector hailed the RBI’s comments as an endorsement of the usage of bank accounts for such transactions.
Best Crypto Exchanges in India to Buy & Sell Bitcoin
1. Binance
Binance’s services to US traders were stopped in 2019, prompting the formation of US. The exchange caters largely to US investors and supports over 50 cryptocurrencies. It, like Coinbase, provides both individual and institutional investors investment opportunities.
Highlighted Features:
- P2P method working very good
- Lots of coins are listed here
- Having stacking facility
- The trending Fee is low by using the BUSDT pair, sometimes no trending fee is required.
2.CoinSwitch:
The company was founded in 2017 by Ashish Singhal, Govind Soni (CTO), and Vimal Sagar (COO) as a worldwide aggregator of cryptocurrency exchanges, with over 300 currencies and 45,000 currency pairs.
Highlighted Features:
- Supports over 300 cryptocurrencies
- Buy 100+ crypto coins with INR.
- Common modes of payment like UPI and bank transfer
- Instant Deposits and Withdrawal
3. CoinDCX:
CoinDCX was created with the user’s experience and security in mind, offering zero-fee fast fiat to crypto conversions so that users may access a wide range of financial goods and services backed by industry-leading security and insurance protection.
Highlighted Features:
- Simple and user-friendly interface
- Over 200+ Cryptocurrencies
- Trading Fee as low as 0.1%
- Free deposits and withdrawals
4. WazirX
WazirX is a fast-growing cryptocurrency exchange with over 1 million customers, founded in 2017 by Nischal Shetty (CEO), Siddharth Menon (COO), and Sameer Mhatre.
Highlighted Features:
- Very trusted, owned by Binance
- Trade 100+ tokens in high liquidity,
- Integration with Binance
- Instant Deposits & Withdrawals
- Low Withdrawal Fee
Wrapping Up
All of the Exchanges discussed in the preceding post conclude in great depth whether which one you trust and use for your purposes, however, we believe it is preferable to learn more and conduct an additional study before utilizing any.
Update: The download page has been updated with more links and faster download servers. The apps have been tested on various android versions and are found to be stable.
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