Best Crypto app / Exchange in India 2024
Investors used to prefer traditional ways of investing, like stocks or bonds. But lately, more people are getting interested in digital currencies. Big events, such as Bitcoin and Ethereum reaching all-time highs, and the craze around Dogecoin on social media, have caught the attention of crypto fans. They hope to make money by investing in these digital coins.
Because of this growing interest worldwide, there are now many platforms called cryptocurrency exchanges where people can buy and sell digital currencies. One popular website, Coinmarketcap, keeps track of 225 of these exchanges.
In India, after nine crypto exchange websites were blocked, it’s important for Indian investors to use an exchange that’s registered with the Financial Intelligence Unit India (FIU-IND).
Since this field is still developing and isn’t fully regulated, it’s crucial to choose reputable exchanges. Forbes Advisor India has put together a list of the best cryptocurrency exchanges in India for 2024, looking at their quality, features, and performance.
Top Exchanges:
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Mudrex
- Trusted by over 1 million investors for crypto investments.
- Recognized by the Indian Government, with fully insured deposits.
- No fees for depositing crypto and competitive rates.
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BlackBull Markets
- Award-winning broker known globally.
- Offers trading in over 26,000 assets with no minimum deposit.
- 24/7 customer support.
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Skilling
- Get a $30 bonus on your first deposit.
- Trade CFDs in crypto, forex, stocks, metals, and more.
- Easy for all types of traders.
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Uphold
- Access to over 250 crypto assets with just a $1 minimum deposit.
- No fees for bank deposits or withdrawals*.
Best Crypto Apps/Exchanges in India for 2024:
- CoinDCX: Great for experienced traders.
- CoinSwitch: Perfect for beginners.
- WazirX: Good for new and intermediate traders.
- Mudrex: Offers unique crypto baskets.
- ZebPay: Good for daily trading and lending.
- Bitbns: Has advanced trading features.
- UnoCoin: Appeals to younger users.
- BuyUcoin: Earn reward points here.
- Giottus: Focuses on crypto staking.
Remember, investing in cryptocurrencies involves risks. Be careful and do your research before investing your money.