Using these smartphone applications, you may acquire or sell cryptos such as Bitcoin in Indian Rupees in a few simple steps.
These days, the phrase “cryptocurrency” seems to be on everyone’s lips. This might be due to an unanticipated spike in the price of digital assets, as well as a swarm of adverts featuring your favourite Bollywood actor assuring you that bitcoin is the future. But how can you get started and start investing in cryptocurrencies to make a quick profit? The solution is cryptocurrency exchange applications. These applications are essential for evaluating the overall crypto ecosystem. They may be used to track the value of various cryptocurrencies, buy and sell altcoins, and manage your account. Before we get to the list of the top online bitcoin exchange applications in India (together with their features and prices), let’s define cryptocurrency exchange apps.
What exactly is the function of a bitcoin exchange app?
For those who are unfamiliar, cryptocurrency exchange applications provide rapid access to numerous cryptos on the market and allow you to trade (buy and sell) them while on the go. It is not necessary to mine cryptos on laptops. These apps, on the other hand, facilitate your desire to trade in cryptos and enter the realm of decentralised digital currency networks. The entire procedure has been streamlined so that anybody can join up, and the mobile app layout is designed for rapid learning. Crypto exchange applications for mobile are available on the Google Play Store and the Apple App Store, and they function on Android and iOS devices, respectively.
India’s Top 6 Cryptocurrency Exchange Apps
It’s worth mentioning that the legality of cryptocurrencies in India is still up in the air. It has not yet been designated as the country’s legal currency. However, regulators have finally permitted businesses to begin operations, resulting in the development of several cryptocurrency exchange apps in recent years that allow you to invest in cryptos such as Bitcoin, Ethereum, Dogecoin, and others using your smartphone rather than large-heavy machines such as laptops. Here are some of the best bitcoin exchange applications in India:
WazirX is a popular social media app that lets you invest in INR, USD, BTC, and even P2P. It has its own currency, WRX, which can be purchased using INR. After that, you may utilise WRX to invest in other cryptocurrencies. Users may encrypt their accounts by activating 2FA or an app passcode on their phone. The first three have a transaction fee of Rs 5.9, whereas UPI transactions are free.
Some of the key features of WazirX
• Beyond Bitcoin, a Comprehensive Cryptocurrency Range
• Fast Transactions
• Access to Advanced Tools Relating to Trading Platform
• Availability on Different Platforms
• Quick KYC Process
• Easy and Simple Interface
The former charges a minimum deposit of Rs 1,000, which is more than the amount offered by Wazir-X. The latter charges a 0.5 percent fee and upgrades you to gold membership for a minimum of 60 days. Unocoin deposits demand a minimum of Rs 1,000, which is more than the amount offered by WazirX. However, using MobiKwik wallet incurs a 2% transaction charge, and using debit or credit cards incurs a cost set by the banks. When signing up for the app, a user must create an account and ensure that all KYC (Know Your Customer) requirements are met.
Some of the key features of Unocoin
• Crypto basket
• Instant INR withdrawal through IMPS
• Add Nominee Details
• Price Ticker
• Refer & Earn
Bitcoiva is the saftest and loyal cryptocurrency platform. It is the next generation crypto-trading platform which supports different forms of transactions such as Crypto to Crypto trading, Fiat to Crypto trading and direct purchasing option is also available. Bitcoiva transactions are Rapid and Instant. Bitcoiva itself has its own coin token known as BCA which holds over 21 million that is as equal as Bitcoin’s volume. Based on numbers Bitcoiva is India’s leading and fast-growing crypto exchange. As they collect KYC verification under required forms and some other information in order to secure, protect sensible data and keep your account up to date. Order mapping and high liquidity trades can be done instantly through Bitcoiva.
Some key features of Bitcoiva
• Bitcoiva support over 180 various types of coins
• As they provide highly secured platform for trading that includes easy transaction process
• Bitcoiva also provide many attractive referral and other bonuses that encourages the user to trade
• They provide 24/7 customer service
• They also gave free education about trading
Hence, they are running a successful platform that gives users a consistent profit that no other platform can assure.
Zebpay is one of the most established bitcoin exchange programmes on the market. You may begin trading by joining up and submitting full KYC credentials using your cell phone number. Zebpay charges a monthly membership fee of 0.0001 BTC and 0.0006 BTC for Bitcoins. If your trading occurs on the same day, you will be charged a trading fee of only 0.10 percent. However, there is a Rs 15 cost if you deposit using UPI and a 1.77 percent fee when you deposit via net banking. Rs 100 was the minimum deposit amount for UPI and in other methods Rs 1000 was the minimum deposit amount.
Some key features of Zebpay
• Deposit and Withdrawal can be done in INR
• It is accessible in all kinds of platform
• Rapid payment processes
During the last IPL, CoinSwitch Kuber was a constant ad feature. This platform has received money from well-known investors and venture capital firms such as Sequoia and others. It claims to allow you to trade in up to 100+ cryptocurrencies and to offer the best trading rates in the industry. The best cryptocurrency trading app supports deposits in Indian rupees by NEFT, bank transfer and UPI. Using your name and phone number, create an account for trading on the app.
Some key features of CoinSwitch Kuber
• Begin trading cryptocurrencies with as little as $100.
• Buy, sell, and trade 100+ cryptocurrencies with a single click. Withdraw promptly whenever you want.
• Buy and sell cryptocurrencies with no fees at the best market rates.
• We make it possible for you to exchange bitcoins at the best possible price.
• 1 crore Indians have placed their trust in us, and we have completed transactions worth 1,00,000 crores.
Bitbns is available for both Android and iPhone. The program lists over 100 cryptocurrencies, ranging from the well-known Bitcoin and Ethereum to the relatively new Shiba Inu. Bitbns provides trading convenience unrivalled by any other cryptocurrency exchange, thanks to its cooperation with major exchange OKEx. Through the arrangement, the business also hopes to provide Indian traders with access to a fiat gateway, a variety of fresh trading pairs, priority access to new coin/token releases, and high return staking products.