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These Are The Five Most Popular Cryptocurrency Exchanges In India

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India is not far behind in the crypto frenzy, with more people taking part.

Numerous cryptocurrency exchanges exist in the country, which allow you to trade, buy and sell cryptocurrencies. By offering functionality via user-friendly websites or applications, cryptocurrency exchanges make trading easy.

Below are some of the most popular Indian cryptocurrency exchanges:

1. WazirX

WazirX was founded in 2017 and later bought by Binance Holdings. Binance Holdings is the largest cryptocurrency exchange worldwide by trading volume. The exchange promises security, multilingual support, and global connectivity.

WazirX’s “P2P” system makes it easy to deposit and withdraw fiat currency. It auto-matches buyers and sellers, ensuring speed and safety in trades.

It’s available for Android, iOS, Web and Mac.

2. CoinDCX

CoinDCX, a cryptocurrency exchange based in Mumbai, is a popular option for crypto investors.

The exchange claims that it has over 15,000 active users. It offers more than 200 crypto currencies. The trading fee is low, while withdrawals and deposits are free.

This is particularly beneficial for investors who wish to trade directly between INR and BTC on the platform.

3. Zebpay

Zebpay provides lightning-fast payments and enhanced security controls, including controls to disallow all outgoing transactions using the “Disable Outgoing Transactions” feature.

The exchange allows traders to trade in six EUR-Crypto pair and five Crypto-Crypto pair across Bitcoin, Ether and Litecoin.

It is simple, clean and easy to use.

4. CoinSwitch Kuber

This exchange allows you to trade cryptocurrency with as little as Rs 100 if you’re new to the market. CoinSwitch Kuber has more than 3 million users and offers over 100 cryptocurrencies.

CoinSwitch was established in 2017 as a global aggregator for cryptocurrencies. In June 2020, CoinSwitch Kuber launched its Indian cryptocurrency exchange CoinSwitch Kuber.

Investors include Sequoia Capital, Ribbit Kapital and Paradigm.

5. UnoCoin

UnoCoin was one of the first cryptocurrency exchanges to be established in India. The exchange was launched in 2013 and has over 1.2 million users. It allows users to purchase or sell Bitcoin using INR. A special bitcoin address is provided to traders that allows them to auto-sell Bitcoin.

The exchange also allows users to Recharge and Top up their wallets, and use Bitcoins for DTH and cell phone recharges. It supports a Merchant Gateway system, which allows online businesses to accept bitcoins as a method of payment.

These are the most popular cryptocurrency exchanges. However, before making any transactions, it is important to verify the security, credibility, and transaction fees of the exchange.

 

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