Crypto trading has become one of the most popular passive income options for the population today. Not only does crypto trading yield good returns, but it also enables a seamless positioning of the future financial assets. In this article, we will decode some of the top 10 crypto exchanges in India that every crypto trader in India needs to know. So, keep reading the article till the end.
What Are the Top 10 Crypto Exchanges in India?
If you are wondering about the top 10 crypto exchanges in india, then here are the ones that you need to know:
Mudrex
This is one of the top 10 crypto exchanges in India that crypto traders in India can access. The app is an investment app that essentially aims to make it quite easy for Indian investors to buy, sell, and trade cryptocurrencies. You can add funds using your crypto or INR and invest in your favorite cryptocurrencies, or make it even simpler by investing in Coin Sets. As well as this, Mudrex offers vaults for investors to earn passive income from their crypto holdings.
CoinDCX
This is another one of the top 10 crypto exchanges in india that every crypto trader needs to know. The app was essentially launched in 2018 and has significantly boosted 10 million users. The app has become quite a popular option amongst Indian crypto investors and has gained popularity because of its simple user interface and robust security protocols. They also offer spot, margin, futures trading, earning through lending and staking, and a learning program.
ZebPay
This is another one of the top 10 crypto exchanges in india that every crypto trader needs to know. The app was essentially launched in the year 2014 and was again relaunched in the year 2020. With a good reach and popularity, the app has a good user base of 5 million users and also has more than 10 million users who have traded in fiat so far. Additionally, they’ve become one of the best Indian crypto exchange options, thanks to many product offerings, including ZebPay exchange, OTC trading, and lending.
CoinSwitch
This is another one of the most important and popular crypto exchange apps which had been launched. The app was essentially launched in 2017 and has also got its headquarters in Bengaluru. They’ve become one of the best Indian crypto exchange options thanks to being accessible, easy to use, and non-custodial.
They are an app-only exchange and have well over 10 million downloads on Google Play alone. Additionally, the app is quite a unique one, which essentially generates its own liquidity and also lets the traders connect to the different exchanges to find the best exchange rates.
Paxful
With CoinSwitch becoming quite a popular choice among crypto traders, another app that has gained popularity is Paxful. This is an app that has gained quite a reputation for becoming a digital marketplace and also a wallet where you can buy and sell popular cryptocurrencies, as well as spend crypto. They have a global footprint and are a top crypto exchange in India. They have also launched La Casa Del Bitcoin in El Salvador in order to help educate residents on the adoption of Bitcoin as a legal tender.
Binance India
This is another one of the most popular and also one of the best choices for crypto trading exchange among the crypto traders in India. The app offers a huge variety of products, both for buying and selling crypto with INR, trading, derivatives, and earning via vaults or liquidity farm programs, loans, and NFTs. Additionally, the app has become one of the largest exchanges in the world, with over 28 million users, supporting more than 500 cryptocurrencies, and processing billions of dollars in trades daily.
Unocoin
This is another one of the top 10 crypto exchanges in india that the crypto traders are rooting for. The app was essentially founded in 2013 and has also become one of the first exchanges in India. They have their headquarters set up in Bengaluru. The investors will be able to seamlessly buy, sell, and trade, including OTC bulk trading, and offer auto sell and systematic buying plans too. They currently boast 2.34 million customers and 50+ cryptocurrencies.
WazirX
Another one of the top 10 crypto exchanges in india is the WazirX crypto exchange platform. The platform was founded in the year 2018 and has got over 6 million users who are trading $5.4 billion a month. They were widely considered trusted and reputable thanks to an association with both the Binance group and the Blockchain India Fund. However, in 2024, the app was hit with a large-scale hack, resulting in $230 million in losses after a multi-sig wallet was breached. The exchange plans to restructure, but many of the current plans have been criticized by investors as the platform continues to hold funds instead of returning them.
Bitbns
This is another one of the top 10 crypto exchanges in india that the crypto traders in India are using. The app was essentially founded in the year 2017 with one mantra that cryptocurrency is the future of money. With an easy-to-use interface, it has become one of the most popular crypto exchanges today. However, it’s very important to note that the exchange has been accused of some shady behavior in recent years. This issue began in 2020, when some customers reported being unable to withdraw funds. Bitbns responded that the issue was due to a technical glitch and that maintenance was scheduled to resolve it. Overall, the app is quite good when it comes to crypto trading and has become one of the best crypto trading platforms.
Conclusion
These are some of the top 10 crypto exchanges in india that the crypto traders are essentially using. That’s all, folks. I hope the article will help you get all the information you need.
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