6 Best Apps To Buy Cryptocurrency In India

On the way back from the second successful rally of 2020-2021, Cryptocurrency has merged to become the fastest growing digital asset. Backed by Blockchain technology and enabled for investing, Cryptocurrency offers multiple means to make a handsome income online.

In the past couple of months, the Indian Crypto market has been rejuvenated. The Reserve Bank Of India clearly states that the 2018 circular preventing banks from dealing with virtual currencies has been invalid and cannot be cited anymore.

The Indian Cryptocurrency industry takes that statement as an acceptance and approval of the use of bank accounts for making Crypto-related transactions. 

So, it is safe to assume that crypto arbitrage is a legal business to make some profit. You can also use crypto arbitrage VIP to double the bitcoins that you have.

Best Applications To Buy Cryptocurrencies In India

After the restriction was removed from the regulation, Indian investors and traders hoped to use this opportunity to indulge in Cryptocurrency investment actively. Seeing the demand for the Cryptocurrency platform, there have been several different Crypto startups.

If you are looking for an opportunity to Buy Bitcoin from a secure exchange platform, the following might help you out.

1. CoinSwitch

CoinSwitch application is known for its simple-to-use application with rewards that come with trading in Cryptocurrencies. With CoinSwitch, users can get access to the aggregated liquidity of India’s major Crypto exchanges.

Once you have finished setting up your account, you can start trading instantly. A clean interface ensures that even beginners feel comfortable trading.

2. Coin DCX

Coin DCX is a new addition to the list. It is a new startup that is known for its security features. Coin DCX ensures instant conversion of fiat currencies to Cryptocurrencies. And that too with zero fees.

Coin DCX aims to provide different financial products and services to users with cutting-edge security processes and insurance protection

3. WazirX

WazirX was launched in 2017 in Mumbai, India. However, after a couple of years, it was taken over by Finance Holdings. The online features that WazirX is mostly known for are its smooth withdrawal and depositing INR-based capital.

WazirX comes with an easy-to-use interface that allows even a non-techie to navigate through the platform effectively. What sets the WazirX traditional platform apart from the other platform is its integrated P2P transactions.

On WazirX, you can buy and sell more than 70 types of Crypto tokens, and the withdrawal fees range from Rs. 5 – to Rs. 10, depending on how much you withdraw.

4. Unocoin

Unocoin is one of the leading Crypto trading platforms in India, with millions of registered users. This platform showcases all the Crypto assets in INR, making things easy to underrated for the Indians.

The key features that contribute to its popularity are:

  • The low transaction fees.
  • Live price tracker.
  • A consolidation wallet that can hold types of Cryptocurrencies.

Furthermore, if you don’t want to spend hours and hours tracking the graph and making a purchase decision, you can automate the process and set a price limit to buy the asset when it hits the market price automatically.

5. Zebpay

It was founded in 2015, and its India operation is conducted from Ahmedabad. However, it was forced to shut down its India operation due to the ban in 2018. Nevertheless, it was back after the restrictions were lifted.

So far, there are more than three million users, which proves the credibility of the platform. Furthermore, it comes with highly advanced security features and lowers transaction fees, making it a prime choice for investors.

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6. BuyUCoin

BuyUCoin was founded in 2016 by Sivam Thakral, Atulya Bhat, and Devesh Agarwal. BuyUCoin is a trading platform that allows you to buy, sell and trade any Cryptocurrencies. It also acts as a Digital Wallet that securely stores all your digital assets.

Five years since the launch of BuyUCoin, it has become the top Crypto trading platform in India. It has over one million traders and holders in over 130 Cryptocurrency pairs.

How To Select The Right Platform To Buy Cryptocurrencies?

There are hundreds of Crypto exchange platforms in India. Hence, making it tough to choose one platform for your trade. To help you out choose the platform, we have outlined certain criteria. Passing the exchange platform through these criteria will help you choose the right platform.

  • Authenticity.
  • Security.
  • Method of purchase.
  • Fee structure.
  • Supported coins and tokens.
  • User interface.
  • User experience.

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Final Thoughts

The list of best Cryptocurrency trading platforms in India mentioned above provides a convenient platform for interested users to invest in Cryptocurrencies.

As Bitcoin has become legal in India again, new startups have been surfacing up. This makes it even harder to choose one platform. To ensure that you select the right platform for your trade, we have listed down the features you must be looking for in the Crypto trading platform.

Before you can use these platforms to invest your hard-earned money, it is wiser to educate yourself about Cryptocurrency and its market.

Read Also:

  1. The Best Cryptocurrency Token to Invest in 2022
  2. 5 Ways To Make Crypto Marketing More Effective
  3. The Wikimedia Foundation has stopped accepting cryptocurrency donations

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