6 Best Apps To Buy Cryptocurrency In India

6 Best Apps To Buy Cryptocurrency In India

Cryptocurrency In India

Cryptocurrency In India : Cryptocurrency trading apps are a must for people who want to trade and monitor their crypto holdings anywhere at any time. There are tons of apps available, making it difficult to decide which one to download.Cryptocurrency In India

As cryptocurrency trading is not legal in all countries, attention must be paid while choosing a crypto trading app. Here we have listed some of the top apps you can choose from.Cryptocurrency In India

1. WazirX (Cryptocurrency In India)

You might have heard this name on social media quite a lot recently, suggesting it is quite popular among people. This crypto exchange app allows you to invest using INR, US dollar, BTC, and even P2P.

In fact, WazirX has its own coin called WRX that can be bought using INR. Then you can use WRX to invest in other cryptos. One of the popular features of WazirX is that you can earn coins through various contests that are available on the info section of the app.Cryptocurrency In India.

Users can secure their account using 2FA or App passcode that can be enabled from the phone’s setting.

WazirX has a charging fee of 0.2 percent applicable on the taker and maker. You can deposit any amount of more than Rs 100 in the WazirX wallet via NEFT, RTGS, IMPS, and UPI. The first three come with a transaction fee of Rs 5.9, while UPI transactions go through without any fees.

2. CoinDCX (Cryptocurrency In India)

CoinDCX is recognised as the most versatile trading app for crypto assets in the country. It lets you buy or sell in up to 200+ trade coins. Add to that, the whole setup process has been simplified using a one-time password (OTP) on your registered mobile number and email ID.

If you go to the Settings tab on the app, you can learn a lot about investing in cryptocurrencies and how they operate in the virtual world. CoinDCX charges a maker and a taker fee of 0.1 percent, with a minimum withdrawal limit set at Rs 1,000 without any fees charged on it.

This cryptocurrency exchange app only supports INR to let you trade in cryptos. You can deposit money into the account using NEFT, IMPS, RTGS, UPI, or even a simple bank transfer.

CoinDCX has an extensive set of security measures in place and that’s a good thing. First up, users need to verify themselves using the Google authenticate app.

 Because without this, you cannot start trading on the app. You also need to set up a withdrawal password that needs to be confirmed for every withdrawal you make.

3. CoinSwitch Kuber

CoinSwitch Kuber was an ever-present ad feature during the IPL recently. This platform has got funding from popular investors and VC firms like Sequoia and more.

It claims to let you trade in up to 100+ cryptos and promises the best trading rates in the market. Use your mobile number to create an account for trading on the app. But you cannot start trading before completing the KYC process, obviously.

You get a four-digit pin code option to secure the account on the app. CoinSwitch Kuber says that the first 100,000 users on the platform won’t have to pay the trading fee for 100 days.

The simple user interface and aggressive marketing have brought people on board with CoinSwitch Kuber. The best crypto exchange app offers deposits in INR via NEFT, bank transfer, and UPI. But the platform fails to share information about its security measures to keep the crypto assets secure. The overall service mechanism needs improvement and the details of trading are not detailed.

4. Bitbns

Bitbns is another app for cryptocurrency trading out there. Available for download on both Android mobile phone and iPhone, the app lets you buy and sell altcoins without the intervention of a third panel.

 The app has more than 100 cryptocurrencies listed, ranging from the popular Bitcoin and Ethereum to the relatively new Shiba Inu. In addition to this, Bitbns offers ease of trading like no other cryptocurrency exchange owing to its partnership with global cryptocurrency exchange OKEx.

By selecting Bitbns via OKEx’s buy/sell tool, traders in India can buy USDT, LINK, AAVE, MATIC and USDC with rupee via bank transfer, IMPS and UPI. The company also aims to give Indian traders access to a fiat gateway, a range of newer trading pairs, priority access to new coin/ token launches, and high yield staking products through the partnership.

5. Unocoin

Next up you have Unocoin, which is known for its simple user interface and support for many cryptocurrencies. When signing up for the app, a user has to create an account and make sure to fulfill all the KYC (Know Your Customer) details.

The app also includes a schedule sale feature that lets you auto-sell from the profile tab. Unocoin users are charged a fee of 0.7 percent on buying and selling their assets, which is higher than what WazirX commands.

 This rate is applicable for minimum usage of 60 days. After that, the app asks charges a fee of 0.5 percent and upgrades you to Gold membership as well.

Unocoin deposits allow a minimum amount of Rs 1,000 which is higher than what WazirX offers. But when you deposit money using NEFT, RTGS, IMPS, or UPI, users are not charged any fees.

That said, using MobiKwik wallet incurs transaction fees of 2 percent and for debit or credit cards also you have to pay a fee prescribed by the banks. Unocoin also offers biometric security features via finger ID and passcode. But let’s say you type the wrong code along with the biometric ID, the app will log you out.

6. Binance

Binance is one of the most popular crypto exchanges in the world and is the best app to buy cryptocurrencies in India. It is effortless to use and has a simple design that is well suited for beginners.

You can buy and sell your crypto as well as view your trading history and crypto holdings. Functions like stop-limit, market order, and limit orders are available for more experienced traders.

The app has a wide range of alternative cryptocurrencies available for trade and has recently introduced fiat capabilities that let you buy bitcoins with credit cards.

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