Top 10 Cryptocurrency Trading Platforms in India in 2022

New to the crypto trading world? This post will help you out with the best trading platforms.

Top 10 Cryptocurrency Trading Platforms in India in 2022

Cryptocurrency is a collection of binary data that can be used to send and receive money. Cryptocurrencies are characterised as fiat currencies since they are neither anchored by commodities nor converted into them. Validators are used in numerous crypto systems to keep the coin functioning. Coin owners put their coins up as collateral in a proof-of-stake mechanism. Users get proportional power over the token depending on their stake in exchange. Coin stakes frequently earn more token ownership over time as a result of network fees, freshly generated tokens, or other compensation methods. If you are interested in trading in crypto, you can check out the list of the best crypto exchanges in this post.

Best Cryptocurrency Trading Platforms

Below you can find the best best cryptocurrency trading platforms available out there:

1. WazirX

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It's possible that you've seen a lot of references of this name on social media recently, suggesting that it's popular. Payment options accepted by this crypto trading platform include INR, BTC, USD, and even P2P. WazirX has its own crypto, WRX, which can be bought using rupees in India.

One of WazirX's most important features is the chance to win coins by participating in various contests found in the application's information section. Users may protect their accounts by using 2FA or an app passcode.

2. Unocoin

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Unocoin is well-known for its easy-to-use interface and compatibility with a wide range of cryptocurrencies. While enrolling for the application, users must create an account and confirm that all KYC (Know Your Customer) requirements are met. From the profile tab, the application also has a tool for planning sales. Users of Unocoin pay a cost of 0.7 percent when buying and selling assets, which is greater than the fee imposed by WazirX. This offer is valid for at least 60 days. The application will then prompt you to pay a 0.5 percent charge to upgrade your subscription to Gold.

3. CoinDCX

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CoinDCX is widely regarded as the most flexible cryptocurrencies trading platform in India. It allows you to purchase and sell over 200 different trade currencies. Moreover, the entire setup procedure has been sped up thanks to a one-time password (OTP) sent to your registered cellphone number and email address.

It has a lot of security measures, which is a good thing. Users must first utilise the Google Authenticate application to verify their identification, since trading will not be possible without it. A withdrawal passcode must be created, and it must be validated each time a withdrawal is made.

4. Zebpay

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Zebpay is among the most well-known bitcoin trading apps available. To begin trading, you can use your mobile phone number to join up and finish your KYC. On the platform, you may earn money by referring others. You'll get 50% of the trading fees collected through your connections for a year if you promote others to Zebpay by advertising bitcoin trading. For UPI, a minimal amount of Rs 100 is required, whereas for other payment options, a minimal amount of Rs 1,000 is required.

5. CoinSwitch Kuber

During the last IPL, CoinSwitch Kuber had a consistent promotional presence. This platform has received funding from Sequoia Capital and other well-known traders and investment firms. It claims to provide the finest trading rates in the industry, as well as the ability to trade in over a 100 different cryptos. Set up an account for investing in the application using your mobile number. You won't be allowed to trade until you've finished the KYC process.

6. Bitbns

Bitbns is yet another bitcoin trading platform. These applications, which are available for iOS and Android, allow you to purchase and trade cryptocurrencies without having to go via a third party. Over 100 cryptocurrencies are included in the show, varying from Bitcoin and Ethereum to the comparatively new Shiba Inu. Moreover, owing to its cooperation with leading crypto exchange OKEx, Bitbns provides trading convenience unequaled by any other crypto exchange.

7. BuyUcoin India

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With more than a million clients and over 40 altcoins, BuyUcoin is very popular in India. As per our research, BuyUcoin had a trading activity of $330 million in the third quarter of 2021. Low transaction fees and an exceedingly user-friendly UI are two features that have made BuyUCoin popular among Indian clients.

8. Binance

Binance is the most popular app in terms of crypto trading worldwide. The Cayman Islands-based company was founded in 2017.

Binance was founded by Changpeng Zhao, a researcher who had previously worked on high-frequency trading programs. Binance was created in China, but after tightening its cryptocurrency regulations, it relocated its offices outside of the nation.

9. OKEx

This Seychelles-based cryptocurrency exchange offers a trading platform for a variety of cryptocurrencies. Spot and derivative trading are 2 of the exchange's most essential characteristics. It was established in 2017. It is owned by Ok Group, which also operates the Okcoin crypto exchange.

In June 2018, the platform became one of the first large exchanges to provide a white label crypto exchange platform. Users must have at least $2.5 million in their accounts and have demonstrated industry expertise.

10. Coinbase Global, Inc.

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This crypto exchange platform is based in the USA. It is a remote company that has no physical headquarters. The company was launched in 2012 by Fred Ehrsam and Brian Armstrong. As per March 2021 stats, it was the largest trading platform in the USA by trading volume.

Conclusion

Crypto trading platforms provide you easy access to a variety of cryptos on the market and allow you to trade (buy and sell) them while you're on the go. You don't need a laptop to generate cryptos. These applications, on the other hand, make it easier for you to trade in cryptos and access the realm of decentralised digital currency systems. You may get crypto exchange applications for Android and iOS phones from the Apple App Store and  Google Play Store, respectively.