A cryptocurrency (or “crypto”) is digital money that one may use to purchase goods or services but is secured through an online ledger and strong encryption. The majority of interest in these deregulated currencies is speculative, with speculators occasionally sending stratospheric values.
The most known cryptocurrency, Bitcoin, has experienced erratic price swings this year, reaching almost $65,000 in April and returning to the $45,000 level.
What is Cryptocurrency?
What is Cryptocurrency – It is a virtual currency that one can spend online. Many companies have created currencies that one can exchange for goods or services, like tokens or chips. The goods or services must be paid in cash. The blockchain powers cryptocurrency. Blockchain handles and records transactions. This technology’s security appeals. The market research website CoinMarketCap.com reports the total value of all cryptocurrencies reached above $1.9 trillion on Aug. 18, 2021. A lot of people in India are into ICOs.
The Best Cryptocurrency Exchange Apps in India
Cryptocurrencies in India may or may not be legal. Regulators now allow businesses to start up, allowing consumers to invest in top 5 cryptocurrencies like Bitcoin, Dogecoin, Ethereum, and others using mobile phones rather than a heavy laptop.
What is the purpose of a cryptocurrency exchange application?
People who aren’t familiar with cryptocurrency exchanges can trade cryptos on the go with an app. Crypto mining requires no laptops. One can trade bitcoin and access alternative digital currency networks. Joining has been made easier, and the smartphone app is designed for rapid learning. Apps for crypto trading are available on the Apple App Store and Google Play Store.
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Consider the following while selecting cryptocurrency exchange apps in India:
• The application should be highly secure.
• It should utilize real-time data and information.
• It should be easily accessible in one’s nation.
• One should be allowed for cryptocurrency trading.
Let’s take a look at the exceptional cryptocurrency trading app in India. India’s best cryptocurrency exchange applications are as follows:
#1. WazirX Cryptocurrency Exchange App in India
#2. Unocoin Cryptocurrency Exchange App in India
#3. CoinDCX Cryptocurrency Exchange App in India
#4. Zebpay Cryptocurrency Exchange App in India
#5. CoinSwitch Kuber Cryptocurrency Exchange App in India
#6. Binance Cryptocurrency Exchange App in India
#1. WazirX Cryptocurrency Exchange App in India
WazirX began in 2017 in Mumbai. After a few years, it was bought by Binance Holdings, widely regarded as the best app to buy cryptocurrency in India. To buy WazirX’s cryptocurrency, you need Indian rupees. Cashing out and re-loading INR on WazirX is a WazirX user-friendly interface for buying and selling cryptos using a Live Open Order Book. It also has graphing tools for analyzing pricing, trends, and data. Unlike other wallets, WazirX integrates a P2P transaction engine with Binance’s Fiat Gateway app for iOS and Android. What’s more? Buy and sell 70 coins with WazirX.
It charges producers and takers the same 0.2%. WazirX accepts NEFT, RTGS, IMPS, and UPI. They are Rs 5.9 apiece, but UPI is free. Their charges range from Rs 5 to Rs 10.
Available on Android and iOS.
#2. Unocoin Cryptocurrency Exchange App in India
Unocoin is a leading cryptocurrency and blockchain platform. Buying and selling cryptos in Indian rupees is made easy. It provides cheap transaction costs, a live price tracker, and a single account for all cryptocurrencies. One can even schedule automated Bitcoin transactions and recharge phones and DTH. Unocoin is known for its user-friendliness and extensive cryptocurrency compatibility, making it the best app for crypto trading in India. Users must establish an account and fulfill KYC requirements to use the app. The profile tab also allows for scheduled selling. Unocoin customers pay 0.7 % when selling assets, more than WazirX. This deal lasts 60 days. One can upgrade to a Gold membership for 0.5 percent. Unocoin deposits demand Rs 1,000, higher than WazirX. Using NEFT, RTGS, IMPS, or UPI does not incur costs, while MobiKwik wallet, debit, or credit cards incur a 2% transaction charge. Unocoin also supports finger ID and password security. Incorrect biometric ID entry logs one out.
Available on Android and iOS.
#3. CoinDCX Cryptocurrency Exchange App in India
This crypto exchange program is highly secure. It is one of India’s hottest crypto startups and also the best crypto trading app in India. It aims to assist clients in obtaining financial services. The latest security and insurance protect them all. Instead, the network supports both fiat and crypto transactions. Conveniently trade cryptocurrencies with CoinDCX through an OTP to the registered mobile phone number and email address. One can cash out up to Rs 1,000 fee-free with CoinDCX. This cryptocurrency trading service only accepts INR. To open an account, one needs to have a valid bank account number. CoinDCX has solid security processes making users authenticate through Google authenticate. Each withdrawal requires a unique password.
Available on Android and iOS.
#4. Zebpay Cryptocurrency Exchange App in India
Zebpay is a 2015 Singapore cryptocurrency exchange. Ahemdabad is its Indian headquarters. The most reputable cryptocurrency trading platform, Zebpay, has over 3 million clients making it one of the best crypto trading app in India. Security and cheap transaction costs are enough to warrant it. One register and complete KYC using their phone number. Refer-and-earn is available. ebpay lets customers purchase and sells cryptocurrencies for free in over 130 countries. Traditional payments need a minimum of Rs 1,000, while UPI deposits require Rs 100. Zebpay charges a flat cost. It costs 0.0001 BTC monthly. Zebpay charges 0.15 % maker and 0.25 % taker. Purchase and sale on the same day cost 0.10 %. Zebpay accepts no-fee bitcoin deposits. UPI costs Rs 15, while net banking costs 1.77 percent. Withdrawals cost Rs 10, and Bitcoin withdrawals cost 0.0006 BTC.
Available on Android and iOS.
#5. CoinSwitch Kuber Cryptocurrency Exchange App in India
CoinSwitch Kuber is the most awesome cryptocurrency trading app in India, attributing its success to its simplicity and dependability. Users like the simple UI. It is easy to use and boosts Indian consumers’ confidence. It is suitable for professionals as well as for beginners. With over 100 cryptocurrencies supported, it guarantees the best trading rates. One must create a mobile trading account and complete the KYC procedure before trading. Using the app requires a four-digit pin code. The first 100,000 users of CoinSwitch Kuber get 100 days of free trading. Deposits in INR are made using NEFT, RTGS, or UPI.
Available on Android and iOS.
#6. Binance Cryptocurrency Exchange App in India
Binance is one of the world’s most prominent crypto exchanges and a first-rate cryptocurrency trading app in India. It is simple to use and also has a straightforward design that is ideal for novices. One may purchase and sell cryptocurrency, as well as check their transaction history and holdings. For more experienced traders, stop-limit, market, and limit orders are offered. The software supports a diverse selection of alternative cryptocurrencies and recently included fiat features that enable users to purchase bitcoins using credit cards.
Available on Android and iOS.
The Supreme Court’s verdict to lift the ban in India has given cryptocurrencies a much-needed boost. Several cryptocurrency exchange apps exist in India that allow users to trade in the top 5 cryptocurrency to invest in 2021, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), and Cardano (ADA).
