Looking for the best crypto trading exchanges options in India?
As the Supreme Court legalized the crypto trading, now, it will be easy for a person to buy or sell bitcoins in India. Presently, there are very limited exchanges in India that allow crypto trading.
Some of the top crypto trading exchanges are:
This crypto exchange has been introduced very recently and the trading on this platform started from March 8. The aim of this WazirX is to be India’s best and most trusted exchange. Soon the exchange will launch a fully functional exchange to support different cryptocurrency pairs. WazirX also has its own coin i.e., WRX Coin, and currently, the price of the token is 12.06. Recently, it has been announced that any new person registering himself on the exchange will get 100 Free WRX coins for joining it.
Presently, the WazirX is seized by the largest cryptocurrency exchange of the world, i.e., Binance.
Another p2p crypto exchange that operates in India is Paxful. It was found in the year 2015 and provided 300+ payment options to the customers for buying and selling cryptocurrency. Some of the payment options offered by the Paxful are:
- Western Union
- Gift Cards (Amazon, iTunes, Google Play)
- Debit/Credit Cards
In India, it introduces PayTM and PhonePe. While using PaxFul, a person can trade easily bitcoin various altcoins like Ehtereum, Litecoin, EOS, Cardano and Monero.
On this crypto exchange, a user can buy, sell and trade more than 100 available pairs of cryptocurrencies, which are available in BTC/ETH. The platform has also introduced a p2p exchange popularly known as DCXInsta.
Another popular cryptocurrency trading exchange in India is ZebPay. It was launched in the year 2014 and before shutting down the exchange in the year 2018, it has over 3 Million users around the globe. In the year 2016, the annual turnover of the country was Rs.500 crore. Recently, after SC’s decision ZebPay decided to relaunch the exchange in India. The firm will have a new leadership team and will also release new regulations for the customers and also for the company.
After shutting the business in India the company set up its new business in European countries and Australia.
Seychelles based crypto exchange is operated in more than 30 countries and India is one of them. The exchange provides a 24*7 support to its users. Different payment methods available on this exchange are bank transfer, cash deposit into the account and mobile money.
Bengaluru based platform, launched in the year 2013, is India’s leading crypto trading platform. The platform claims to have more than 15000 users. With the help of this exchange, the users can buy bitcoin through Systematic Investment Planning (SIP).
Although SC has legalized the cryptocurrencies in India, still there are some issues which need to get resolved. As it will help the other crypto trading exchanges to set up their business here.
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