Best App for Trading Cryptocurrency in India

Best App for Trading Cryptocurrency in India

Best App for Trading Cryptocurrency in India

Cryptocurrency is the future of money, and as the digital currencies world expands, crypto trading adoption is expected to skyrocket. So naturally, everyone wants the finest cryptocurrency-buying apps.

It’s a new sort of money that works differently from traditional money. Nowadays, people are getting their hands on cutting-edge technology by using apps in India that allow them to purchase crypto.

These user-friendly exchange apps allow users to quickly conduct crypto trading and invest their funds to increase their profits. These best apps to buy bitcoin lists have been compiled to help you improve your crypto trading game and stay on top.

There has been an immediate increase in the price of digital assets, while various advertisements featuring Bollywood superstars proclaim that crypto is the way of the future.

Furthermore, India’s Finance Minister indicated in the Budget 2022 that a new crypto tax would be implemented, with virtual digital crypto assets subject to a 30% tax.

Cryptocurrency Trading: Overview

Crypto trading is a new block in the world of finance, with limitless possibilities. However, to make the most of this environment, you must have the appropriate trading tools at your disposal.

Thanks to mobile apps, it’s now easier than ever to buy, sell, and swap cryptocurrencies for fiat currency. Of course, the crypto trading software is one of the most important of these instruments.

An unauthorized transaction from your exchange could happen anywhere, and there’s no way of knowing who’s behind the promotion. Because of this, criminals, fraudsters, and hackers may be able to profit from cryptocurrency.

However, there is an advantage to this in that your information will be held in complete secrecy. Only one thing to remember: to add an extra layer of security, make sure you use two-factor authentication and email authentication.

Features of Crypto Trading APPs in India

We’ve created a list of the best cryptocurrency-buying apps in India that also come with superior security features in this section.

"Features

High Leverage Security

The app must be secure to protect your funds because cryptocurrencies are difficult to trace. It’s impossible to cancel or get your money back once you’ve completed the transaction.

Furthermore, tracing who owns the wallet is nearly impossible due to the decentralized nature of blockchain.

Real-Time Updated Data

Bitcoin was worth Rs. 6 lakh just six months ago, but it has nearly tripled in value to Rs. 25 lakh today. This is why the bitcoin market is extremely volatile, and you never know when it will skyrocket overnight.

Keeping one’s finger on the pulse of cryptocurrency markets necessitates staying current with real-time data on currency volumes and prices.

Look for real-time statistics and information in whichever program you download; this ensures that you are not making trading or investment decisions based on obsolete information.

Also, ensure that the exchange has sufficient trading crypto volume so that you can effortlessly purchase and sell cryptocurrencies without experiencing any delays. These cryptocurrency-buying apps in India can provide you with accurate information to make an informed decision about which coin to invest in.

Accessible in Your Parent Country

If you’re merely interested in learning about cryptocurrencies through news or tracker apps, availability isn’t a big deal.

If you want to purchase or sell cryptocurrency, you must first ensure that the app is available and that crypto trading is legal in your jurisdiction.

Many governments have outlawed cryptocurrency use, while others have imposed restrictions on the types of cryptocurrencies that can be purchased or sold.

So, before you download the program and start using it, double-check whether cryptocurrency is legal in your jurisdiction.

How do Cryptocurrency Exchange Apps Work?

Cryptocurrency exchange programs give you fast access to a wide range of cryptocurrencies and enable you to trade them. In addition, cryptocurrency mining does not require a laptop.

On the other hand, these apps simplify you to trade in Cryptocurrency and have access to the decentralized digital currency network.

The entire experience has been updated to make it easier for anyone to sign up, and the mobile app layout has been optimized for quick learning. You can get a crypto exchange app for Android and iOS phones from the Google Play Store and App Store.

Best Crypto Trading Apps in India

Because the legality of cryptocurrencies in India is still up in the air, it’s worth focusing on. In India, it has yet to be designated as legal tender.

However, regulators have now allowed businesses to start up, leading in the development of apps associated with various cryptocurrency exchanges in recent years that allow you to invest in Cryptocurrency using your smartphone rather than your desktop. The following are the best cryptocurrency trading apps in India:

InvestBy

InvestBy is regarded as the top forex broker, with a reputation for offering inexperienced traders a pleasant trading experience. Foreign exchange, stocks and indexes, cryptocurrencies, and commodities are among the financial products offered by the broker.

Clients have a wide range of the best crypto trading apps to choose from. They can use MetaTrader4 (MT4), Webtrader, and the mobile trading platform to trade (Mobile App).

The broker is also a fantastic place to learn about different markets worldwide. You can also learn to undertake technical and fundamental analysis through the broker’s many research tools.

Features

  • Over 350 crypto assets are available for trading
  • Competitive spreads as low as 0.03 pips
  • Leverage up to 1:500
  • No commission as Trading transaction fees
  • Multilingual support in 11 languages
  • MetaTrader 4 (MT4) is available
  • High execution speed
  • Islamic account
  • Swap discount up to 50%

WazirX

WazirX is one of India’s best crypto trading apps, and it may be the finest software for buying cryptocurrencies. It became well-known after Binance purchased WazirX and improved it to make it ideal for quick spot trading.

You can instantly buy more than 100 cryptocurrencies that accept UPI deposits. The software includes an easy-to-use, straightforward user interface.

You can make easy deposits/withdrawals via UPI, IMPS, and P2P. WazirX is the Indian currency exchange with the most liquidity. They also offer the biggest referral commissions, up to 20%, without any restrictions.

Trading view, chart trading, and Stop-Limit orders are among the app’s advanced features. It was also recently upgraded to include P2P transactions.

In India, the cryptocurrency app is useful for purchasing any money. Moreover, the preferred crypto app is compatible with both Android and iOS devices.

Features

  • It allows you to trade in several different currencies.
  • Over 100 popular coins are available for purchase.
  • Per trade is subject to a 0.2 percent fee.

Binance

Binance app is the finest app to buy cryptocurrency in India and is the most popular cryptocurrency exchange globally. It is convenient to use and has a straightforward design that is ideal for novices.

You may examine your trade history and crypto holdings and buy and sell crypto. More experienced traders offer functions like stop-limit, market order, and limit orders.

Binance app supports many other cryptocurrencies and recently added fiat capabilities, allowing you to own coins using credit cards.

Features

  • Trading is enabled for over 500 cryptocurrencies and tokens.
  • Simplex and other third-party platforms accept credit cards and wire transfers.
  • There are fewer fees when paying for gas with the BNB platform token.
  • The best crypto trading apps are supported on a peer-to-peer basis.

Zebpay

In India, it is one of the finest apps for cryptocurrency trading. ZebPay began as a project to assist Indians in investing in Bitcoin and other cryptocurrencies.

The ZebPay app for Android has an intuitive design that is clutter-free and easy to use, making it the best crypto trading app for seasoned traders and newcomers.

To purchase cryptocurrencies, simply download the app, register with your phone number, and complete the KYC process to deposit funds into your account and begin investing in your chosen cryptocurrency.

You can also upgrade to a Pro membership to obtain access to professional charting tools via a web-based interface, where an investor can manage everything from one place.

Since its inception in 2015, ZebPay has witnessed the meteoric rise of Bitcoin. As a result, both Android and iOS versions of the software are available.

Features

  • Referral commission is the highest.
  • Free deposits are available for all cryptos.
  • A minimum deposit of Rs 100 will be required.

CoinDCX Go

CoinDCX Go is another crypto trading app to buy cryptocurrency in India that allows you to invest in all of the leading cryptocurrencies in a limited amount of time to avoid losing a lot of money in the very volatile cryptocurrency market.

The program has an interactive user interface to assist newcomers in safely investing their money in the crypto trading market. The CoinDCX Go app allows you to deposit and withdraw funds safely and securely. You may invest and acquire cryptocurrency with as little as Rs. One hundred using the cryptocurrency exchange app.

If a trader wants to contribute more than Rs. 10,000, however, you must first complete their KYC process and be accepted. CoinDCX Official created the app, which is available on both Android and iOS.

Features

  • There are around 200 cryptocurrencies available for trading.
  • The taker and maker fees for CoinDCX are 0.06 percent and 0.04 percent, respectively.
  • It has a safe platform.

CoinSwitch Kuber

CoinSwitch Kuber is an excellent software to acquire cryptocurrencies and is another user-friendly crypto trading platform in India. You may start investing in multiple cryptocurrencies, including Bitcoin, Ethereum, Ripple, and others, with as little as Rs. One hundred using a simple software designed for beginners. This app assists you in trading in over 100 different cryptocurrencies.

Instant deposits and withdrawals from your bank account are possible with CoinSwitch Kuber. There is a clever KYC process to start trading, and once approved, you can trade with higher fund limitations.

The cryptocurrency software is suitable for both newcomers who want to invest in crypto markets and enthusiasts who spend their days trading. CoinSwitch Kuber also promises to provide quick customer service and is the finest app in India for buying cryptocurrencies.

Features

  • There are 100+ cryptocurrencies to choose from.
  • INR deposits via NEFT, bank transfer, and UPI.
  • It is possible to finance as little as Rs 100.
  • Trading fees of up to 0.5 percent are hidden levies.

UnoCoin

Unocoin is known for its user-friendly interface and ability to work with a wide range of cryptocurrencies. However, clients should record their registration on the application and ensure that all KYC requirements are completed.

The application also features a feature that allows you to create deals directly from the profile tab. Clients of Unocoin pay a trading fee of 0.7 percent when purchasing and selling their resources, which is higher than the fee imposed by WazirX.

This recharge will be good for a minimum of 60 days. Following that, the app asks for a 0.5 percent trading fee and upgrades you to Gold membership. Unocoin deposits demand a minimum of Rs 1,000, which is more than WazirX’s requirement.

Features

  • One of the first bitcoin exchange apps in India.
  • The ability to schedule a sale.
  • Payments using NEFT, RTGS, IMPS, or UPI incur no costs.

Bitbns

Bitbns is a bitcoin trading app that you may use. The cryptocurrency app, which is available for both Android and iOS, allows you to buy and sell altcoins without going via a third party.

The application includes more than 100 cryptocurrencies, ranging from Bitcoin and Ethereum to the relatively new Shiba Inu.

Furthermore, Bitbns offers trading convenience unmatched by any other cryptocurrency exchange, thanks to its partnership with major cryptocurrency exchange OKEx.

Features

  • Supports OKEx, a global digital money exchange.
  • A broader range of more recent swapping sets.
  • A handful of fresh trading crypto pairs are given priority.
  • The trading cost might be as high as 0.25 percent.

How to Trade on Cryptocurrency Exchange Apps in India

How to Trade on Cryptocurrency Exchange Apps in India

Apps for trading research: Allowing fiat and crypto deposits, instant deposits, peer-to-peer trading, fees and commissions, order books, support for credit cards and other supported payment methods, and verification procedures are all features that differ between apps.

  • Join and make crypto wallets with the one that appears to have the most functionality you require.
  • – Deposit cash from a bank, credit card, VISA, Web Money, and other sources. Make sure your app supports your preferred method of depositing fiat into the app.
  • The top apps for buying cryptocurrency enable instant deposits or the duration of a deposit method. Some are automated, while others take many days to complete.
  • Place orders — You can trade with others on a peer-to-peer basis using various crypto apps. Choose a peer with whom you want to trade and accept their market orders, or submit your market maker orders for them to accept.
  • The best crypto trading software should also allow you to place maker orders to cut trading expenses.
  • You can buy from a centralized order book with other crypto trading apps. Simply click the buy button, choose the cryptocurrency you want to purchase, and enter the amount you want to spend.
  • You can place many sorts of orders on crypto exchanges, such as instant market, limit, stop loss, the maker only, immediate or cancel, reduce only, or modify orders.
  • After that, the cryptocurrency is transferred to your wallet. You can withdraw, save, stake, or send it to a friend from the wallet. As previously stated, the greatest software for bitcoin trading enables different types of financial investments.

Conclusion

In India, the cryptocurrency market is not brittle; on the contrary, it is rapidly expanding. Moreover, the RBI is expected to launch its own cryptocurrency in the future; in the meantime, these best apps to buy currency may satisfy your crypto trading appetite.

On the other hand, WazirX and CoinSwitch are dependable possibilities if you’re looking for Cryptocurrency trading options in India. As crypto use grows, what appears to be a simple trading tool might revolutionize the entire industry to trade digital currencies.

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