Best Cryptocurrency Exchange App

Best cryptocurrency apps for online trading in Bitcoin, Ethereum, Dogecoin and more in India

Best cryptocurrency apps for online trading in Bitcoin, Ethereum, Dogecoin and more in India
Written by publisher team

Best Cryptocurrency Apps in India: Cryptocurrency investments are on the rise and you may be looking to hit an all-time high in India. While there are many risks that the Reserve Bank of India (RBI) itself frowns upon cold trading, investors still flock to it due to the high profit. As cryptocurrency exchange apps are popping up on app stores. These apps allow you to invest in cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and more using just your smartphone. In fact, you don’t need a laptop or PC to start investing in crypo. Cryptocurrency exchange apps help you get quick access to the many cryptocurrencies available in the market and allow you to trade (sell and buy) them on the go. Here are some of the best cryptocurrency apps in India.

Best Cryptocurrency Apps in India

WazirX App

WazirX is one of the most popular cryptocurrency apps in India. It is a favorite feature of people on social media. Crypto exchange app allows you to invest with INR, USD, BTC and even P2P. Moreover, it has its own currency called WRX which can be purchased with INR. You can also use WRX to invest in other cryptocurrencies such as Bitcoin, Ethereum, and others.

WazirX also allows you to win coins through various contests available in the information section of the app. Additionally, it secures user accounts with 2FA or an app passcode that can be enabled from the phone’s setting. Notably, WazriX charges a fee of 0.2% to the beneficiary and the producer. Moreover, it allows you to deposit any amount over R100 in the WazirX Wallet via NEFT, RTGS, IMPS and UPI. You should also note that the first three come with a transaction fee of R5.9 On the other hand, UPI transactions pass without any fees.

CoinSwitch Kuber App

CoinSwitch Kuber has gained popularity around the IPL through its advertisements. This platform has received funding from well-known investors and venture capital firms such as Sequoia and more. It allows you to trade up to 100+ cryptocurrencies and promises you the best trading rates in the market. To create an account for cryptocurrency trading, you need to use your mobile phone number. However, it is clear that you cannot start trading before completing the Know Your Customer (KYC) process.

CoinSwitch Kuber says that the first 100,000 users on the platform will not have to pay trading fees for 100 days. It has a simple user interface. Strong marketing has people moving to CoinSwitch Kuber. One of the best currency exchange app allows you to deposit INR via NEFT, bank transfer and UPI. However, we do not know about its security measures to keep crypto assets safe.

Unocoin App

Unocoin is one of the best cryptocurrency exchange apps. It comes with a simple user interface and support for many cryptocurrencies. You are required to create an account and ensure that all KYC (know your customer) details are filled out. You can also use the Scheduling Sale feature that allows you to auto-sell from the Profile tab. However, they will incur a fee of 0.7 percent on buying and selling their assets, which is higher than what WazirX offers. This price applies to a minimum usage of 60 days, after which Unocoin charges 0.5 percent and upgrades you to Gold membership as well.

If you use Unocoin, you will have to deposit a minimum amount R1,000 which is higher than what WazirX offers. However, when depositing funds using NEFT, RTGS, IMPS or UPI, users are not charged any fees. If you use a MobiKwik wallet, it will charge a transaction fee of 2 percent. Moreover, debit or credit card users also have to pay fees set by the banks. Unocoin also offers biometric security features via finger ID and passcode

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