5 popular cryptocurrency exchanges in India
Several crypto trading platforms allow users to trade in cryptocurrency with ease. A few of them have now gained over millions of clients trading on the platform, signalling the popularity of the digital asset in India.
New Delhi: Cryptocurrency frenzy has taken the world by storm, with the combined value of crypto coins regaining the $2 trillion cap last week. Just like foreign investors, Indian peers have also poured billions of dollars into digital coins, thanks to the presence of cryptocurrency exchanges that are aiming to reshape the crypto industry in the country.
Several of these trading platforms or apps, which allow their clients to trade in cryptocurrency with ease, have emerged in the past few years. A few of them have now gained over millions of clients trading on the platform, signalling the popularity of the digital asset in India.
Here’s a list of five most popular cryptocurrency exchanges in India:
CoinDCX
CoinDCX is one of the most popular crypto trading platforms in India. The Mumbai based startup has more than 3.5 million inventors registered on its platform which was launched way back in 2018.
Investors can trade in more than 200 cryptocurrencies on CoinDCX, which only charges a nominal trading fee. Most importantly, the platform offers free deposits and withdrawals to its clients.
WazirX
WazirX is an Indian subsidiary of Binance Holdings, one of the largest cryptocurrency exchanges in the world. The trading platform, which is available on Android, iOS, Web, Mac and Windows, has over 6.5 million registered investors.
In June 2021, the exchange processed crypto transactions worth $6.2 billion. The platform’s peer-to-peer (P2P) system is one of the most fascinating features available on exchanges.
CoinSwitch Kuber
You may remember CoinSwitch Kuber from their marketing blitz during the Indian Premier League (IPL). The exchange, which was launched in 2017, lets investors trade with as little as Rs 100.
CoinSwitch Kuber allows investors to trade in over 100 cryptocurrencies. It claims to have more than 3 million investors.
UnoCoin
Started in 2013, way before the crypto-mania gripped the world, Unocin is one of the oldest crypto trading platforms in India. The platform currently has over 1.5 million registered investors.
Investors can buy or sell cryptocurrencies with INR. Investors can also recharge their mobiles and pay for their DTH bills using Bitcoin on the Unocoin platform.
