Cryptocurrency is no longer a virtual currency. Technically it is, but the way it has grown in numbers throughout the last decade, it has become the reality of exchange in the world. With a market capitalization of over $2 Trillion, Cryptocurrencies have become the new ‘reality’ of trade. Although comparatively late to join the bandwagon, India now has the largest number of crypto owners. Not surprisingly, many crypto trading platforms have also been launched in India that offer viable and straightforward crypto exchange facilities.
But what does a crypto exchange platform do?
Crypto trading platforms provide instant access to various cryptos on the market and allow you to trade them while on the go. Laptops are not required for crypto mining. Instead, these mobile apps make it easier for you to trade in cryptos and get involved with decentralized digital currency networks. The process is streamlined and well structured for anyone to use, and the mobile app layout is designed to facilitate quick learning.
Several of these trading platforms or apps have arisen in recent years, allowing consumers to trade cryptocurrencies with simplicity. A handful of them currently have millions of clients trading on their platforms, indicating the frenzy of cryptocurrencies in India. Here are the Top 5 Crypto Trading Apps in India:
1. WazirX
WazirX is a cryptocurrency trading platform that allows users to trade, manage, track, and analyze digital assets. WazirX is one of the most popular crypto trading apps acquired by Binance Holdings in November 2019, with over 12 million users. It provides a platform and a set of tools for trading cryptocurrencies. The platform is available for free download and includes various features to help you manage your trades and portfolio, perform analysis, and automate trading.
Also Read: Top 5 cryptocurrencies in India 2022
2. CoinSwitch Kuber
CoinSwitch Kuber is a well-known cryptocurrency trading platform. Since its inception in 2017, it has served millions of merchants. Backed by Sequoia Capital, its goal is to make crypto trading more accessible to the general public. It is one of the top crypto trading aggregators because it is linked with some of the most popular crypto exchanges. CoinSwitch Kuber has handled over $5 billion in cryptocurrency transactions. It is one of the most popular Top Crypto Trading Apps in India.
You can start with as little as INR 100 on this site. It includes UPI, debit and credit cards, bank transfers, and other payment options for the Indian ecosystem.
Also Read: Crypto scams: How to spot, avoid & protect your money while investing
3. CoinDCX
CoinDCX was founded in 2018 and has quickly grown to become India’s central cryptocurrency trading platform. It is one of India’s most popular crypto trading platforms, with over 10 million members.
CoinDCX allows investors to trade in more than 200 cryptocurrencies for a small trading fee. Most notably, the platform enables users to make free deposits and withdrawals.
Also Read: Things you need to know about cryptocurrencies
4. Zebpay
ZebPay is another Indian crypto trading platform launched in 2014. Since its founding, it claims to have processed more than $10 billion worth of transaction volumes. After its Indian relaunch in May 2020, the team has committed to bringing cryptocurrency to the masses, with 5 million+ users served. ZebPay focuses on security and robust internal controls, ensuring the safety of user assets in any scenario.
ZebPay EARN ensures that investors earn a passive 5% return on investment. You can also lend your crypto to other traders, earning a 10% interest with ZebPay.
5. Unocoin
Unocoin is India’s first cryptocurrency trading platform. It was founded in 2013 and has since processed over 11.7 million transactions. Unocoin offers low gas fees and dynamic pricing for extensive volume trading. It even lets you use its trading API to automate your trades by creating trading bots using real-time market data, giving you an advantage over your competitors.
Unocoin has played an essential role in facilitating cryptocurrency trading and the struggle for crypto rights in India since its beginning in 2013. The entire sign-up procedure takes less than ten minutes, including registration, bank information, and trading. This elegant system makes it ideal for newcomers to the crypto world.
Feature Image Credits: Inc42
