Best Crypto Exchange in India by Volume

India’s cryptocurrency market has witnessed significant growth in recent years, with an increasing number of users engaging in trading activities. As a result, several cryptocurrency exchanges have emerged, each vying for dominance in the market. Among these, a few have distinguished themselves by trading volume, providing a range of features, robust security, and diverse asset offerings that cater to both novice and seasoned traders. This article delves into the top cryptocurrency exchanges in India, ranked by trading volume.

1. WazirX

WazirX is one of the most prominent cryptocurrency exchanges in India, known for its high trading volume and extensive user base. Established in 2018, WazirX quickly became a preferred platform for Indian traders due to its user-friendly interface, a wide range of cryptocurrencies, and integration with global exchange Binance. The exchange offers over 100 cryptocurrencies, including Bitcoin, Ethereum, Ripple, and more.

Key Features:

• High Liquidity: WazirX consistently ranks among the top exchanges in India by trading volume, providing high liquidity for users.
• INR Support: WazirX allows users to buy and sell cryptocurrencies directly with Indian Rupees (INR), making it convenient for Indian traders.
• Staking and Futures Trading: The platform offers staking services and futures trading options, adding to its versatility.
• Security: WazirX employs robust security measures, including two-factor authentication (2FA) and secure cold storage for digital assets.

2. CoinDCX

CoinDCX is another leading cryptocurrency exchange in India, known for its high trading volume and wide range of services. Launched in 2018, CoinDCX has quickly gained popularity among Indian traders due to its comprehensive trading options and secure platform. CoinDCX offers over 200 cryptocurrencies, making it one of the most diverse exchanges in the country.

Key Features:

• Margin Trading: CoinDCX allows users to trade with leverage, offering up to 6x leverage on some assets.
• Instant Deposits and Withdrawals: The platform supports instant deposits and withdrawals in INR, ensuring seamless transactions for users.
• DCX Learn: CoinDCX offers a dedicated educational platform, DCX Learn, to help new traders understand the basics of cryptocurrency trading.
• Security: CoinDCX implements stringent security protocols, including two-factor authentication and multi-signature wallets.

3. ZebPay

ZebPay is one of the oldest and most trusted cryptocurrency exchanges in India. Founded in 2014, ZebPay has a long history in the Indian crypto market and has maintained a high trading volume over the years. ZebPay is known for its simplicity and ease of use, making it a popular choice among both beginners and experienced traders.

Key Features:

• Simple Interface: ZebPay’s user-friendly interface makes it easy for users to navigate the platform and trade cryptocurrencies.
• Low Fees: ZebPay offers competitive trading fees, making it an attractive option for cost-conscious traders.
• ZebPay Earn: The platform offers interest-bearing accounts, allowing users to earn passive income on their crypto holdings.
• Security: ZebPay prioritizes security, employing advanced security measures, including two-factor authentication and multi-signature wallets.

4. Bitbns

Bitbns is another major player in the Indian cryptocurrency market, known for its wide range of supported cryptocurrencies and innovative features. Launched in 2017, Bitbns has steadily grown in popularity, attracting a large user base and maintaining a high trading volume.

Key Features:

• Arbitrage Opportunities: Bitbns offers arbitrage trading opportunities, allowing users to take advantage of price differences across different exchanges.
• Fixed Income Plans: Bitbns provides fixed income plans, enabling users to earn interest on their crypto holdings.
• Multiple Payment Options: The platform supports a variety of payment methods, including UPI, NEFT, and IMPS, for easy deposits and withdrawals.
• Security: Bitbns employs robust security measures, including two-factor authentication and secure cold storage for digital assets.

5. Unocoin

Unocoin, founded in 2013, is one of the oldest cryptocurrency exchanges in India. Known for its focus on simplicity and user education, Unocoin has maintained a steady trading volume over the years. The platform offers a range of cryptocurrencies and provides several unique features tailored to Indian users.

Key Features:

• INR Wallet: Unocoin offers an INR wallet, allowing users to deposit and withdraw funds directly in Indian Rupees.
• Systematic Investment Plan (SIP): Unocoin offers a SIP feature, allowing users to invest in cryptocurrencies systematically, much like traditional investment plans.
• Low Trading Fees: Unocoin offers competitive trading fees, making it an affordable option for traders.
• Security: Unocoin implements stringent security measures, including two-factor authentication and cold storage for digital assets.

Conclusion

In conclusion, the cryptocurrency exchange landscape in India is highly competitive, with several platforms offering unique features and high trading volumes. WazirX, CoinDCX, ZebPay, Bitbns, and Unocoin stand out as the top exchanges by volume, each providing a range of services tailored to the needs of Indian traders. Whether you are a beginner looking for a simple platform or an experienced trader seeking advanced features, these exchanges offer something for everyone. Security, liquidity, and ease of use are crucial factors to consider when choosing an exchange, and the platforms mentioned above excel in these areas.