Last Updated on April 2, 2024 by cryptocreed
Note: As of June 2023, no Indian cryptocurrency exchanges are safe. We can see huge price differences, withdrawal problems, and deposit problems.
Looking for the list of a cryptocurrency exchange in India to purchase your first Bitcoin or Altcoin? (All other coins except Bitcoin are Altcoin). Then you are at the right place. Here in this article, I am going to review the top 5 all-time cryptocurrency exchanges in India.
Do you know there are more than 10 cryptocurrency exchanges in India that are active? Yes there are but not all of them are good for you, do you know why? because of the below reasons.
What To Look Before Choosing Cryptocurrency Exchange In India?
You can’t just pick any exchange and start using them, you have to look for different things like their trading fee, withdrawal and deposit fee, rates, office, customer support, and few other things.
Trading Fee:- If you just want to purchase and HODL then this factor will not affect you much but if you want to trade on daily basis then this will affect you.
Suppose exchange A is taking 1% fee on trading and exchange B is taking 0.75% then you have to go with exchange B for of course. Think you purchased cryptocurrency worth $100 then you can save 0.25% which is $0.25 if you use exchange B.
And think you do trading on a daily basis and your monthly volume is more than $10K?
Withdrawal & Deposit Fee:- This really matters a lot there are exchanges which does take much time and takes a high fee. You do not want to pay high fees right? Here in this list, I will mention all fees taken by exchanges.
Rates:- Rates of cryptocurrencies are dependent on the market and users. You will find different rates on different exchanges. Definitely, you will want to purchase coins at a low rate.
Offices:- Most of the exchanges running in India are centralized, hence if you know what I want to say then you will surely want to know their location for any important Deal and Help.
Customer Support:- Sometimes users face problems like deposited money is not showing in their account and for some other issue in this situation you can call customer support and can get your problem solved.
Some exchanges do offer 24/7 customer service and some don’t. Exchanges that offer 24/7 customer support are best for newbies.
Best Cryptocurrency Exchange In India
This is the list of India’s Peer to Peer exchange sites. The Founder and CEO of all sites are Indian except LocalBitcoins. Post below if I forget to mention any site Or entered any wrong information. Below Best P2P exchanges are reviewed by our team.
Must Read: Best Bitcoin and Cryptocurrency Wallets
Must Read: How To Retrieve Stolen Bitcoin
WazirX
It was founded in 2018 by Nischal Shetty. 0.0005 BTC is a withdrawal fee, Users can withdraw 0.001 BTC to 3 BTC once. Trade fees are almost the same for all coins. Makers 0.1% and 0.25% for takers. KYC is a must to withdraw coins according to their KYC guide page. WazirX support is very active on Telegram, Twitter, tickets.
There is no fee for P2P trading.
Wazirx Features
- They have Android and iOS App
- KYC, 2FA, and Mobile SMS
- Earn free 100 WRX Coins on the first trade!
- Wazirx backed by Binance
CoinDCX
Founded by Sumit Gupta in 2018. Supports more than 250 cryptocurrencies against BTC. The trade fee is the same for both maker and taker is 0.1%. Withdrawal fees are 0.0003 BTC and the minimum withdrawal is 0.001 BTC. Support is active on Telegram and support.
They do have a 40 million-plus daily trading volume by 1 Lakh active monthly users.
CoinDCX Features
- Simple and easy to use
- 2FA security is active
- INR deposit is very fast
- Offers Lending and Staking options
Bitbns
BitBNS is another trusted cryptocurrency exchange in India started in Dec 2017 by a team of IIT graduates. 0.25% is a flat trade fee. Bitcoin withdrawal fees are 0.0005 BTC. KYC required to enable transactions. Users can deposit using NEFT and using Payment Gateway. Support is active on Telegram and support. “Trade superquick on Bitbns from Binance, through a Chrome extension“.
BitBNS Features
- APP is available on iOS and Android
- 2FA, Mobile SMS, and Email
- Own ICO launchpad
- Own arbitrage platforms
- Active telegram group
- Automated buy and sell
ZebPay Cryptocurrency Exchange
ZebPay is one of the oldest Bitcoin exchanges in India. It was founded in the year 2014 and currently officially serving in India, Australia, and Singapore. With more than 3 million registered users they are one of the active BTC exchanges in India.
The fees for trading are a 0.15% maker fee and a 0.25% taker fee.
ZebPay Features
- Easy and simple to use
- Highly secured
- Robust API and Endless possibilities of crypto pairs
- Own cryptocurrency wallet
Localbitcoins (Out Of Service)
This is not an India-based company. Localbitcoins was founded by Nikolaus Kangas in Finland in 2012. This is one of the best of Peer 2 Peer Bitcoin exchanges. Currently supporting 248 countries and more than 16,729 cities are supported. Users can use PayTM, Cash, NEFT, and bank accounts.
The only big negative thing is their fee and rates. You will find very different rates in comparison to other exchanges and fees are also too high.
Localbitcoins Features
- Easy to use
- Safe to use
- Almost accepts all local payment methods
- Only highly active Peer To Peer Exchange in India
Giottus
Giottus is the new and best Bitcoin exchange in India. It was founded by Vikram Subburaj. 0.25% trade fee on buy orders and no fees on sell orders. The deposit charge is 0.2% INR and the withdrawal fee is 0.0004 BTC and 0.2% INR. Support is active on Telegram and Live Chat support.
They have fewer active users in comparison to other bitcoin exchanges in India but they are worth using. More than 50K users have downloaded their mobile app. It supports major cryptocurrencies like Bitcoin, Ethereum, Ripple, Bitcoin Cash, Tron, USDT, and others.
Their office address is: Plot #10, Ramyam Mukhil Apts, Vallalar Street, Selvam Nagar, Pallikaranai, Chennai – 600100, Tamil Nadu
Giottus Features
- Instant INR deposits and Withdrawals
- 24/7 customer support
- Biometrics Authentication Enable/Disable
UnoCoin – First Bitcoin Exchange In India
Unocoin is India’s first cryptocurrency exchange that was launched in the year 2013. It is Bengaluru, an India-based registered company and surprisingly it is the only cryptocurrency exchange that launched a Bitcoin ATM in India.
It charges a fee of 0.7% to buy or sell Bitcoin and any cryptocurrency. If you ever searched on Google for a bitcoin exchange for India then you might know about UnoCoin.
UnoCoin Features
- OTC trading
- It offers 2FA, AES-256
- Auto sell cryptocurrency
- Systematic Buying Plans (SBP) for Bitcoin
- Mobile recharge and Top-up wallets
Who launched the first Bitcoin exchange in India? Sathvik Vishwanath is the founder of India’s oldest cryptocurrency exchange.
You can use my invite code while registering:- U-10281
CoinSwitch Kuber
CoinSwitch was founded in the year 2017 by Ashish Singhal and has offices in Bengaluru. It is backed by Sequoia Capital and other investors. It is a mobile-based platform only. To use them you have to download their app which is available for iOS and Android.
They have more than 2 million monthly active users.
CoinSwitch Features
- Fast KYC process
- Best customer support
- Instant deposit and withdrawal
- Easy to use
- 300+ cryptocurrencies supported
BuyUcoin
BuyUcoin was Started in 2016 and founded by Shivam Thakral. The maker fee is 0.42% and the taker fee is 0.84%. IMPS and UPI deposit is free and the payment gateway charge is 2%. Support is active on WhatsApp and support. KYC is required to enable the transaction.
Update: Recently we heard users got cheated on their platform. And their reviews on the Google Play store also decreased recently.
Frequently Asked Questions
Which Exchange I should choose to exchange or buy Bitcoin or cryptocurrency in India?
I recommend Wazirx and BitBNS, but you can use any of them as they are all legit (when I published this article).
Best Indian exchange for cryptocurrency?
Wazirx, CoinCDX, BitBNS are some of the trending cryptocurrency exchanges in India.
When Bitcoin started in India?
These are not the questions you have to ask, bitcoin there is no need to start anything here. Bitcoin is for everyone and anyone can purchase from anywhere. So no one knew who is the exactly owned Bitcoin in India at first.
How to exchange cryptocurrency in India?
You can use any of the above exchanges to exchange cryptocurrency in India including Bitcoin and other altcoins.
How to exchange bitcoin in India?
You can use any of the above exchanges to exchange cryptocurrency in India including Bitcoin and other altcoins.
Which is the safest cryptocurrency exchange?
Wazirx can be the safest exchange in India as they are backed by own of the secured cryptocurrency exchange Binance.
How to exchange cryptocurrency for cash
Most Indian exchanges do support Cash deposits and withdrawals.
Which cryptocurrency exchange has the lowest fees?
CoinDCX and Wazirx have the lowest trading fee but the withdrawal fee depends on the coin you want to withdraw.
If you found we missed any bitcoin exchange site then comment below we will review and add them.
