Details About the Crypto Exchanges in India
Indian citizens looking to step into the crypto space should know about the top crypto exchanges in India, since the government is now set to regulate cryptocurrencies, instead of banning them completely. This has been a relief to many as digital assets have a large customer base in the country. The news of the authorities possibly banning crypto was quite stressful for many crypto holders in India. However, the tables seem to have turned now, making it possible for people to carry out crypto-related operations soon.
But before anyone residing in India decides to step into the crypto space. It is important that they take time to look for the best crypto exchange in India. People who are new to the crypto space need to know the significance of finding a good exchange before they start.
There are numerous exchanges in the crypto market overall. However, they are not all available in every part of the world and do not necessarily offer services. That match the criteria of every crypto enthusiast. Therefore, it is important that as a potential crypto investor or trader. You take a look at your options and choose the platform that ticks all the right boxes for you.
This is why you should know about the crypto exchanges in India mentioned below. You can consider the features offered by each exchange and choose the most suitable one.
Crypto Exchanges in India – WazirX
One of the popular crypto exchanges in the country that you should know about is WazirX. This has been quite popular among crypto investors and traders on social media and has made quite the mark since its establishment. It has several impressive features offered to the users, which is why it stands out among most of its competitors.
WazirX enables users to make peer-to-peer transactions, which is not offered by every cryptocurrency exchange. This platform also features WRX, which is its own crypto asset. As a user of the exchange you can purchase the WRX token by using the Indian rupee. Once it is purchased, people can exchange it for other crypto assets.
Users of the exchange can also invest in:
This can be one of the best crypto exchanges in India because it offers one very distinctive features, which allows the users to earn tokens by participating in various contests on the application.
CoinDCX is one of the well-known crypto exchanges in India. It was established in 2018 and is based in Mumbai. Since its establishment, the crypto exchanges has grown to become one of the top ones in the market and now entertains over 3.5 million investors.
This platform does not only stand out because of its wide customer-base but also because it has a vast range of digital currencies. As a user of the CoinDCX exchange, you will have access to over 200 digital currencies. A wide range of available cryptocurrencies can make it easy for people to choose which digital asset they want to invest in.
Another prominent feature of this platform, that also makes it one of the best crypto exchanges in India, is that it has a fair fee structure. The users of the platform can avail its services without paying any fee for deposits and withdrawals.
The Unocoin exchange is one of the crypto exchanges in India that you should know about. This platform is not only one of the popular ones but is also one of the oldest cryptocurrency exchanges in the country.
It was launched back in 2013 when digital assets weren’t that popular. However, it has now grown to become one of the most prominent exchanges and takes pride in extending its services to more than 1.5 million registered investors.
It offers several impressive features. However, one of the most prominent features of Unocoin is schedule sales. This means that the platform allows its users to schedule their sales, which allows them to sell a set amount of their digital assets automatically at the time and date that has been scheduled.
This is one of the reasons why Unocoin is quite possibly one of the best crypto exchanges in India. Therefore, if you are interested in using such an exchange then Unocoin can be a suitable option for you.
There are several crypto exchanges in India. However, you can only determine which of the available ones is best for you. If you take your time and learn about the features they offer. The crypto exchange that suits all your needs and requirements is the platform you should use. Whether you want to buy crypto or trade it.