Top 5 platforms to trade cryptocurrency in India

Platforms to Trade Cryptocurrency in India

Platforms to trade cryptocurrency: Following a significant bull run in late 2020 and early 2021, cryptocurrency has emerged as one of the most rapidly growing digital assets. It effectively offers multiple means for anyone looking to make some good money online, as it is backed by the blockchain and allows for trading.

Investors and traders looking to buy and sell various digital assets on the market can now simply use the various crypto exchanges run by Indian crypto startups. In India, the government is taking a variety of steps to monitor cryptocurrency transactions, as it is difficult for them to track the movement of funds for best platforms to trade cryptocurrency. We must wait to see how the government treats crypto-currency investments before proceeding with any transactions. Find best MLM plans to earn bumper profit margin in short time.

Top 5 Crypto Exchanges List to Trade in India

Here are a few Indian exchange platforms where you can trade digital assets like Bitcoin, Ethereum, Dogecoin, MATIC, and other altcoins.

WazirX

Nischal Shetty, Siddharth Menon, and Sameer Mhatre came up with Wazir. WzirX is a fast-growing cryptocurrency exchange with over 1 million users, according to 2017.

WazirX is a platform that helps individuals develop digital assets by purchasing, selling, or investing in cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Ripple, and others. It is one of the best platforms to trade cryptocurrency.

An auto-matching P2P (Peer-to-Peer) engine was brought to the table by WazirX. Auto-matching P2P due helps traders convert Indian Rupees to cryptocurrency and vice versa It’s Smart Token Fund brings cryptocurrency investors together with expert traders which helps them manage their cryptocurrency portfolio. You can also get details on best cryptocurrency to invest if you are a beginner.

CoinDCX

CoinDCX was designed with user experience and security in mind, offering instant fiat to crypto conversions with no fees, allowing users access to a diverse suite of financial products, and the services are backed by industry-leading security processes as well as insurance protection.

CoinDCX was founded in 2018 by Sumit Gupta (CEO) and Neeraj Khandelwal with the goal of becoming the global gateway to cryptocurrencies. 

CoinDCX is India’s only crypto startup that has raised three rounds of funding in less than a year. 

In 2020-21, the company tripled its headcount from 30 to 100. It now intends to more than double its workforce by the end of 2021. It also launched its own product, Insta, which allows fiat-crypto buying and selling, and experienced month-on-month growth of more than 38% between 2018 and 2020. check various platforms to trade cryptocurrency.

CoinSwitch Kuber

Ashish Singhal, Govind Soni (CTO), and Vimal Sagar (COO) founded the startup in 2017 as a global aggregator of cryptocurrency exchanges, offering over 300 coins and 45,000 currency pairs. It launched its India-only INR-crypto on-ramp platform CoinSwitch Kuber in June. It is the one of the popular platforms to trade cryptocurrency.

Since January, the startup claims that its user base has increased by 350%. They now have over 4.5 million users in India and has generated $5 billion in transaction volume in the ten months since its launch in March 2021. This year, it intends to add 10 million new users.

In April 2021, they were able to raise $25 million in a Series B round from Tiger Global Management, valuing it at more than $500 million.

Unocoin

Unocoin was India’s first entrant into the Bitcoin space, founded in July 2013 by Sathvik Vishwanath, Harish BV, Abhinand Kaseti, and Sunny Ray.

Customers can buy, sell, and transact in Bitcoin and Ethereum through the Bengaluru-based startup. It is one of the best platforms to trade cryptocurrency among all.

In addition, the platform raised an undisclosed sum as part of its ongoing Series A round from investors such as Tim Draper in October 2020.

It has over 13 lakh users, at least three lakh of whom have been KYC-verified. According to Unocoin, its annual revenue is in the hundreds of crores. Select one of the best platforms to trade cryptocurrency in India to start trading.

Zebpay

The Singapore-based startup, which was founded in 2014, has had a rocky road in a predominantly cash-driven India. After a few product iterations, management changes, and local regulatory hurdles, Zebpay relaunched in January 2020, ahead of the Supreme Court’s decision on the RBI’s two-year ban on cryptocurrencies. This is the latest and one of the popular platforms to trade cryptocurrency in India.

Sandeep Goenka, Saurabh Agrawal, and Mahin Gupta founded ZebPay, which now operates in 162 countries and has processed $3 billion in transactions for over 3.5 million users, nearly 95 percent of whom are from India.

Since April 2020, the platform claims to be profitable. It is now concentrating on developing referral structures, incentives, and AMEX-style membership programs for users. Search for the best platforms to trade cryptocurrency in India.

Here we have provided all details on best and most popular platforms to trade cryptocurrency in India. You can check best crypto exchanges platforms for trading. Check here is cryptocurrency and bitcoin the future of MONEY? Find more details on best app for cryptocurrency trading with DNG web developers in Ahmedabad Gujarat.