Expert-Verified Guide
Our team analyzed dozens of Indian exchanges, evaluating fees, security, liquidity, and user experience. Top picks include WazirX, CoinDCX, and Bitbns, renowned for their competitive fees, broad coin support, and robust security.
👉 Discover the top-rated crypto platforms
Top Crypto Exchanges in India
1. Binance India
Best for Global Reach
Extends Binance’s international capabilities to India, offering 500+ cryptocurrencies and advanced trading tools.
- Fees: 0.1% trading fee (discounts with BNB)
- Deposits: INR via UPI/bank transfers (subject to regulations)
- Security: 2FA, SAFU fund, 95% cold storage
Pros:
✔ High liquidity
✔ Futures/staking options
✔ Mobile app
Cons:
❌ Complex fee structure
2. Bitbns
Best for Trading Volume
400+ cryptocurrencies with low fees (0.25% maker/taker).
- BNS Token Discounts: Reduced fees for holders
- Staking: Fixed Income Plans available
Pros:
✔ High liquidity
✔ Low fees
Cons:
❌ Past security incidents
3. CoinDCX
Best for Advanced Traders
Offers margin (10x) and futures trading (15x).
- Fees: 0.04%–0.06%
- Security: Insured cold storage
Ideal for: Seasoned traders seeking leveraged products.
4. CoinSwitch
Best for Beginners
Non-custodial, mobile-first platform with transparent spread-based fees (0%–0.49%).
Why choose it: Simplified interface for first-time buyers.
5. WazirX
Best All-Rounder
250+ coins, P2P INR transactions, and strong security.
- Fees: 0.2% trading fee
- Features: Staking, mobile/desktop access
How to Choose an Exchange
- Security: 2FA, cold storage, insurance.
- Fees: Compare trading/deposit costs.
- Liquidity: Minimizes slippage.
- Coin Variety: Ensure desired listings.
Crypto Taxes in India
- Short-term vs. long-term gains taxed differently.
- Recordkeeping: Track transaction dates/values.
- Reporting: Use ITR forms for virtual assets.
Tool: Free crypto tax calculator.
FAQs
Q: Which exchange has the lowest fees?
A: Bitbns (0.25%) or CoinSwitch (spread-based).
Q: Safest exchange?
A: CoinDCX (insured cold storage).
Q: Best for beginners?
A: CoinSwitch (easiest interface).
Methodology: We evaluated exchanges based on 12+ metrics, including user reviews and regulatory compliance.
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