In recent years, the cryptocurrency market has grown explosively attracting investors from all across the world. A large number of Indian investors, especially among the youth, have also started trading and investing in cryptocurrencies. However, investing in the crypto space can be complex for beginners if they are not aware of the fundamentals of buying or storing cryptocurrencies. There are also many fraud websites and crypto marketplaces where you can end up losing your money. So it’s vitally necessary that if you’re planning to invest in cryptocurrencies, you must do it through reputed crypto exchanges and trading apps. So, for your consideration, we have compiled this list of the top crypto trading apps in India that you can use to buy, sell and trade cryptocurrencies.
WazirX: WazirX is undoubtedly one of the largest and most widely used crypto trading apps used in India. As of August 2022, WazirX has more than 15 million registered users and offers a very high number and variety of cryptocurrencies that you can purchase from its platform. WazirX has an extremely detailed price and trading charts which are of big help to experienced and professional crypto investors. WazirX is also one of the only crypto trading apps in India that allows users to buy cryptocurrencies through P2P (peer-to-peer) transactions. WazirX also has its own native cryptocurrency called WazirX Token (WRX) which can be used to pay the transaction fees on this exchange. The WazirX mobile app also has robust security and a very user-friendly interface.
CoinDCX: CoinDCX is another extremely popular crypto trading app in India used by millions of investors. The main draw of the CoinDCX trading app is that it offers a host of advanced trading features for professional traders such as futures, margin trading, as well as lending. CoinDCX is also well-regarded for its high level of safety and the range of educational material including videos and blogs that beginners can use to learn more about the crypto industry. A minimum investment of ₹100 is required and investors can also ‘stake’ their purchased cryptocurrencies for interest earnings.
CoinSwitch Kuber: CoinSwitch Kuber is a very widely used crypto trading app that is extremely beginner-friendly. Although it may not have as many features as the above apps, the extreme ease of use and reliability of CoinSwitch Kuber make it a preferred trading app among many new crypto investors. It also charges a very low trading fee of just 0.1%. There are multiple payment options that you can use to deposit money and the minimum deposit is ₹100. Moreover, Bitcoin transactions on CoinSwitch Kuber are made with zero trading fees.
BitBns: BitBns is another top cryptocurrency app in India that offers more almost 400 different crypto coins and tokens for users to purchase. BitBns also sells its own hardware crypto wallet that users can purchase and store their cryptocurrencies on. Moreover, BitBns has extensive study guides on its BitBns academy that users can access to learn more about cryptocurrencies. The BitBns also provides advanced options like margin trading, staking, etc. While BitBns does not charge any trading fee, it does charge a withdrawal fee when you withdraw your funds from the app.
ZebPay: ZebPay is a well-known crypto trading app that a large number of people use in India. Of the main USPs of ZebPay is that it offers users interest earnings on the cryptocurrencies that investors hold on the app. There are more than 100 cryptocurrencies available on ZebPay and the crypto trading app offers very high security since 98% of their cryptocurrencies are stored in cold wallets. Moreover, ZebPay also enables extremely fast payments through its lightning network.