The popularity of cryptocurrency in India is growing these days, and the new crypto tax by the government has worked as fuel for that. Although it is not regulated by the Indian government, many people in India have an interest in investing in cryptocurrencies.
The first reason for this is the huge returns this particular asset class provides. The second reason is that people think the government may regulate crypto in the future since it is currently taxed at 30%.
However, currently, there are several cryptocurrency exchanges available in India that allow you to invest in crypto through their apps. This article lists the best cryptocurrency apps in India with low fees in 2022-2023 , that you can use to kick start your crypto investment.
Binance is one of the leading exchanges in the world for cryptocurrencies. The Binance app has a nice user experience and lets you navigate easily. It has several features to ensure that Indian users can easily use the app. On the Binance app, you can invest in crypto in Indian rupees using payment methods like UPI.
This digital currency exchange platform also has a Binance academy app to provide learning about cryptocurrencies and blockchain. The Binance app lets you know your holdings and crypto wallet balance with ease. Also, you can check open trades and trading charts at your convenience.
WazirX is another popular application in the crypto sector in India. Currently, this platform is acquired by Binance,so you can transfer your assets from Binance to WaxirX with ease. This platform is very easy to use and lets you buy, send, view, and trade assets in a convenient way. This application is available for android, iOS, and Windows platforms.
The Indian version of the WazirX app is very easy to use and provides a superior user experience. You can invest through this app with INR, USD, BTC, and P2P. Apart from that, the WazirX app has its own currency named WRX. This application conducts different contests where you can participate and earn coins. It is completely safe to use this platform for your crypto investments.
CoinDCX is a versatile crypto exchange platform that provides a seamless user experience. This application is easy to use, and it is trusted by more than 4 million Indians. The best thing about the CoinDCX platform is that it has more than 200 coins to trade. Also, it is very easy to sign up and use the app. You have to only enter the OTP received on your mobile number and email address to sign up for this application.
You can also learn about cryptocurrency investing on this platform. They provide a referral program through which you can earn a passive income. When it comes to safety, CoinDCX is completely safebecause it encrypts all passwords and personal data. Also, it stores the funds in multi-sig cold wallets.
This app is insured by BitGo and supported by investors like BainCapital Ventures, BitMex, Coinbase Ventures, and Polychain capital.The CoinDCX app lets you invest in cryptocurrency in INR, and it supports UPI, IMPS, NEFT, RTGS, and bank transfer.
CoinSwitch Kuber has more than 100 cryptocurrencies and supports various payment methods. This application is simple to use, and the signup process is very easy. You can simply provide your phone number and KYC details to start crypto trading. CoinSwitch is supported by Rabbit Capital, Paradigm, and SEQUOIA.
You can invest in this app with INR using payment methods like bank transfer, UPI, and NEFT. This application has a simple user interface that makes it very easy to use.
Colodax is another popular application in India for crypto investments, and it lets you invest in crypto by following some simple steps. The signup and KYC verification process of this application are very simple. Once your account is verified, you can invest in crypto using INR. This platform is completely safe and allows you to secure your account using two-factor authentication and email OTP.
If you face any problems, you can easily contact the team through the website. It supports payment methods like NEFT, UPI, IMPS, RTGS, and bank transfer. When you invest in higher volume on this platform, the fees get reduced. The down point of this platform is that the user interface is not that attractive.
Unocoin is a simple application for crypto investments in India, and it has a user-friendly design. It has many cryptocurrencies on the platform. Also, this app supports an auto-sell feature so that you can schedule sell orders with no hassle. After creating an account and verifying your KYC, you can invest in crypto through this platform.
Unicoin is a safe application and supports two-factor authentication for security. Also, you can use a fingerprint and a security pin. This platform provides customer support via call, email, and chat.
Payment methods like NEFT, UPI, IMPS, and RTGS don’t have any transaction charges on this platform.But debit card and credit card options come with certain charges. It also accepts MobiKwik as a payment option with a transaction charge of 2%.
ZebPay is a renowned platform for crypto trading in India. This app is popular for its simple user experience and advanced trading features. It is very easy to sign up and complete the KYC process on this platform. ZebPay operational in India since 2015 and is a secured platform for investing in cryptocurrencies.
It stores 98% of assets in cold storage and uses Omnitrixx technology to secure transactions between hot and cold storage. You can also use a fingerprint or a four-digit pin to keep your account safe. It accepts payments through IMPS, UPI, bank transfer, net banking, NEFT, and RTGS. The minimum deposit amount for UPI is INR 100, but for other payment methods, it is INR 1000.
There are several applications available for investing in crypto in India. So, choosing a suitable platform for your investments can be a little tricky. Make sure that you check the security, fee, and other services of the application before you select it for your crypto investments. Also, apps with a good user interface are considerable for crypto trading.