Bitcoin fever is catching up with over 2,500 users who are trading Bitcoin and cryptocurrencies daily. And the trading volume is rising near to $20 billion per year constantly a new cryptocurrency exchanges are mushrooming with each passing day with the enterances of new traders.
In India crypto exchanges that are few and far between (trading aged single malt scotch), there are limited cryptocurrency exchanges which are reliable, regulated for crypto exchanges and that enables trading and exchanging in Bitcoins, other cryptocurrencies and fiat currencies.
Even not 1315 cryptocurrencies along with crypto tokens are available for the crypto trading at various cryptocurrency exchanges, but it is crucial to check whether the exchanges trading these cryptocurrencies are regulated or not.
As many of bitcoin cryptocurrency enthusiasts looking forward to investing in Bitcoins and other cryptocurrencies, but some of them are unaware of investing cryptocurrencies on various cryptocurrency exchanges before that they need to know their trading fee and other details for cryptocurrency transactions; Our blog efforts to enlist the current active cryptocurrency exchanges across India.
Cryptocurrency investors are suggested to check the current cryptocurrency pricing index policy and exchange regulatory parameters in indian cryptocurrency exchange while investing in Bitcoins or other cryptocurrencies. This is important, as pricing varies as per the indexing policies; some exchanges do follow local demand-supply curve while some, global index.
As we taken the survey of cryptocurrency exchanges in india, we have listed some of the useful information below.
- Total Number of Cryptocurrency Exchange Startups in India - 15
- Year most of the crypto exchange in India - 2017
- Number of funded startups - 4
- Number of crypto exchanges who aren't charge any transaction fee- 6
- Registration time taken on crypto exchange - 2 hours
The List of Cryptocurrency Exchanges in India:
WazirX is a newly launched cryptocurrency exchange, started trading from 8th March, aims to become the most trusted cryptocurrency exchange operating in India. It plans to launch a fully functional crypto exchange that will support different cryptocurrency pairs, WazirX has also introduced its own token, the WRX Coin, you can earn 100 Free WRX by joining this exchange. Recently, WazirX has been aquired by worlds largest exchange Binance. It offered a huge list of supported coins.
Founded in 2015, Paxful is a peer-to-peer exchange operating in India as well. It offers 300+ payment options to buy and sell cryptocurrency including Western Union, gift cards (Amazon, iTunes, Google Play), debit/credit cards and Paypal. It provides even local payments means such as PayTM and PhonePe for India. peer-to-peer. At Paxful you can trade between Ethereum, Litecoin, EOS, Cardano, Monero and including many new coins and also instantly get your bitcoin transferred directly to your wallet.
Remitano is a Seychelles based cryptocurrency exchange operating in 30+ countries including India. It is a simple and secure peer-to-peer exchange where users can buy, sell and trade their major cryptocurrencies including bitcoin. It offers an attractive user interface and a 24×7 support for the users. Available payment methods are bank transfer, cash deposit into the account, and mobile money. Remitano also offers Android and iOS application to access your account on the go.
Giottus is a new cryptocurrency exchange which also works with P2P model. They have quick KYC process and it’s mandatory for all users. For me, it takes around 5 minutes to clear the KYC requirement with a copy of PANCARD and ADHAR. Currently, this exchange supports a list of coins including Bitcoin, Ethereum, BCH, Ripple and Litecoin. They charge a flat fee of 0.25% for Buy orders while there is no fee for sell orders. Giottus platform is powered by a high-speed order matching engine capable of processing 50k transactions/second. They allow you to withdraw cash through Payments Gateways, NEFT, IMPS and RGTS.
Bitbns (think BITcoin Buy and Sell) is India based cryptocurrency exchange which was started by IIT graduates in 2017. After RBI ban P2P is the only way to buy and sell bitcoin. Few Indian exchanges including Bitbns are working with P2P model where users can directly buy and sell cryptocurrency in India directly. Users can start using Bitbns after completing their KYC.
CoinDCX is a crypto-to-crypto exchange as well a p2p crypto exchange, which offers crypto users freedom to legally buy, sell and trade cryptocurrencies in 100-plus available pairs in BTC/ETH. CoinDCX also launched a p2p exchange is also known as DCXInsta. Trading fee at this platform is 0.20% only. CoinDCX platform is available in both web application as well as a mobile app.
Coinswitch is an instant crypto exchange that helps users to trade between 400+ cryptocurrencies. It has a very simple and user-friendly interface. Users can also buy cryptocurrency on Coinswitch with their credit card.
Started in 2016, BuyUCoin in a multi-asset exchange still operating in India after the RBI ban. BuyUcoin is another of India’s market leader in the Cryptocurrency market. It provides an easy and trusted platform to buy, trade, store, and accept many cryptocurrencies like Bitcoin, Ethereum, Ethereum classic, List, NEM, Civic, Litecoin, Bitcoin Cash and many more.
LocalBitcoins is a peer-to-peer exchange for Bitcoins. It is a marketplace where you can buy and sell Bitcoins to and from another user of this site. Localbitcoin is a global p2p exchange where user can exchange their Bitcoins for fiat currency without ant intermediate channel.
Founded in 2017 by the team of CrypDates, Colodax is a B2P (Broker to Peer) exchange enabling Indian traders to deposit and withdraw INR seamlessly. Brokers are high frequency traders affiliated to our exchange. Users will need to complete KYC to trade on our platform. Refer friends now to earn up to 10,000 NPXS tokens. You can trade top cryptocurrencies on Colodax like Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC) etc
Ethx.co is a platform that helps to buy the Ethereum and few other coins with the use of INR currencies. In this platform, you can easily trade the Ethereum, unlike another platform. where a buyer also needs a seller to perform the transaction. User can buy Ethereum directly on this platform without any wait.
It is a renowned bitcoin company in India and is highly recommended for new bitcoin users due to its user-friendly interface and easy usage facility. An attractive thing of Unocoin is that updates are made periodically with the implementation of various additional features. It is an exclusive platform for those users who made bitcoin investments as a System Investment Plan (SIP). Here, the maximum investment amount is 50 k and the investments are often made on a monthly, weekly or daily basis. The mobile application provided by Unocoin supports the transaction of bitcoins through mobile phones.
If you have an idea to start these cryptocurrency exchange in india, those the above mentioned cryptocurrency exchanges are noted for the most popular and famous cryptocurrency exchange in india !!
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