10 Best Crypto Trading Apps in India 2023
Recent years have seen tremendous growth in the crypto market. And many Indians, especially youth have started trading in various cryptocurrencies. But how do you get started and begin investing in cryptocurrencies to make a quick profit? Using cryptocurrency exchange apps is the solution. So in this article, we’re going to talk about the best crypto trading apps in India, and a brief overview of them.
1.
WazirX: This one is the best trading app in India when it comes to cryptocurrency. This
cryptocurrency exchange app lets you invest in INR, USD, BTC, and also P2P.
They also offer their own coin called WRX, and this can be bought using INR.
The most attractive part of the app is that you can earn coins by participating
in various contests available on the app. They offer a seamless trading
platform with the added benefit of educational materials on crypto. WazirX
trading fees are 0.2% for both makers and takers.
2.
Unocoin: Unocoin is India's oldest cryptocurrency
trading platform. You can easily sign-up in the app in just ten minutes by
adding your bank details and registration information. For security purposes,
they offer you biometric features like finger ID and passcode. Users can invest
in Bitcoin through Unocoin's Bitcoin Systematic Buying Plan (SBP) by paying
fractional amounts weekly or monthly. All buy and sell orders are subject to a
0.7% commission fee. Users can reduce this fee to 0.5% if they buy or sell at
least 100 BTC.
3.
CoinSwitch
Kuber: We may have heard this
name in the IPL ads recently. This platform has received funding from
well-known investors and venture capital firms such as Sequoia and others. It
provides over 100 cryptos with different payment methods like UPI and fiat
currency. For the first 100 days, there are no trading fees. However, once the
trial period expires, users must pay CoinSwitch fees ranging from 0% to 0.5%.
4.
Bybit: It offers a large number of cryptocurrencies
with the lowest trading fees. Also, they offer 0% spot trading fees and many
rewards and bonuses for users that can be claimed after completing certain
tasks. Bybit allows you to trade cryptocurrencies with up to 100x leverage with
advanced trading options.
5.
ZebPay: It prioritises security by storing 98% of all
tokens registered with ZebPay in cold/hardware wallets rather than online
servers. This, combined with stringent internal controls, ensures that user
assets are safeguarded regardless of what happens. The platform supports the
refer-and-earn function. So, if you successfully sell the idea of crypto
trading to others through Zebpay and if they sign up, then you will receive 50%
of the trading fees made through your links for a year. The maker fee is 0.15%,
the taker is 0.25% and for intraday 0.10%.
6.
CoinDCX: It is one of the versatile trading apps which
lets you trade in 200+ trade coins. The main attraction of this app is that
they provide highly-advanced trading features like future, margin trading, etc.
It is also known for its crypto educational content like videos and blogs. At
CoinDCX, maker fees and taker fees are both 0.1% with a minimum withdrawal
limit of Rs. 1,000 without any additional fees.
7.
Bitbns: This app has more than 100 cryptocurrencies
listed offering a wide range of features. With advanced tools and features, BNS
allows you to automate your orders and is specially designed for beginners with
a user-friendly interface. They also
have a lot of security options like 2FA, KYC, fingerprint, etc. They charge
0.25% for both the maker and taker fees.
8.
Binance: They are the largest crypto platform in terms
of trade volume. They also offer a margin trading facility which is easy to use
and for that, you need to complete your KYC verification process. Derivatives
trading can have margins of up to 125X and spot trading can have margins of up
to 10X. The fee for both maker and taker is 0.1%.
9.
KuCoin: This platform is a trustworthy, secure, and
user-friendly trading platform that operates in over 200 countries. It is known
as the largest exchange for trading over 700 cryptocurrencies. To earn more,
you can use the Kucoin trading bot, duel investment, and staking feature. The
fee for both maker and taker is 0.1%.
10.
BuyUcoin: A popular choice among millennials, BuyUCoin
offers a simple user interface, real-time spot trading, a free wallet,
cashback, and lifetime referral commissions. You can trade in cryptocurrencies
using INR and they provide more than 130 pairs like BTC-INR, ETH-INR, etc. They
charge you a fee of 0.24% for the maker as well taker.
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