A cryptocurrency is a digital asset in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, these currencies are decentralized in nature which means the central bank is not involved and due to peer to peer connection, there is no medium in between. Bitcoin, ripple, ethereum and bitcoin cash all are the form of the cryptocurrency.
The craze for cryptocurrency is on the rise, especially after the bitcoin hit the $20000 all-time high in dec 2017. When invested at the right time cryptocurrencies can even have the tendency to double your invested amount. Not only bitcoin but ripple, bitcoin cash and all other cryptocurrencies can give you a good profit.
But in India, there are only very few option to buy cryptocurrencies in a secure manner as there are many fraud sites and apps there to destroy all your dreams. Buying bitcoin is relatively easy to other currencies due to its popularity and trading platform availability. But when it comes to ripple, bitcoin cash, ethereum the trading platforms are very limited. Even the most people struggle to find a good trading platform for these digital currencies. So, today I am here to share with you the best platforms available in India for buying cryptocurrencies. I have personally tried all the platforms before writing this article and I will only share which I find the best of all.
List of best exchanges available in India to buy bitcoin, ethereum, ripple and other cryptocurrencies
1. Koinex - Website and Android app
Koinex supports Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP) and Bitcoin Cash(BTH) as of now and they are also adding other coins to trade. I find koinex best trading platform because of there very low trading fees which is .25% for buying and 0% for selling. Trading in koinex is relatively easy and they have also launched their app recently for android.
Pros:
The craze for cryptocurrency is on the rise, especially after the bitcoin hit the $20000 all-time high in dec 2017. When invested at the right time cryptocurrencies can even have the tendency to double your invested amount. Not only bitcoin but ripple, bitcoin cash and all other cryptocurrencies can give you a good profit.
But in India, there are only very few option to buy cryptocurrencies in a secure manner as there are many fraud sites and apps there to destroy all your dreams. Buying bitcoin is relatively easy to other currencies due to its popularity and trading platform availability. But when it comes to ripple, bitcoin cash, ethereum the trading platforms are very limited. Even the most people struggle to find a good trading platform for these digital currencies. So, today I am here to share with you the best platforms available in India for buying cryptocurrencies. I have personally tried all the platforms before writing this article and I will only share which I find the best of all.
List of best exchanges available in India to buy bitcoin, ethereum, ripple and other cryptocurrencies
1. Koinex - Website and Android app
Koinex supports Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP) and Bitcoin Cash(BTH) as of now and they are also adding other coins to trade. I find koinex best trading platform because of there very low trading fees which is .25% for buying and 0% for selling. Trading in koinex is relatively easy and they have also launched their app recently for android.
Pros:
- Low fees - 0.25% for buying and 0% for selling.
- Support - very responsive.
- Availability of more digital assets.
Cons:
- KYC verification process is very slow.
- Payment gateway charges - Flat 2%.
- Instant withdrawal unavailability.
2. Zebpay - App only (Available for both android and ios) - Sign up
Zebpay started with bitcoin but with the there latest update now they support Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP) and Bitcoin Cash(BTH). Zebpay is the best in-app interface to buy cryptocurrency. They are the most reliable and very responsive to there customers. They have the highest volume and the more active users than any other site or app. But they have very high trading fees which can't be neglected.
Pros:
- KYC process is very fast.
- Support - very responsive.
- High volume of cryptocurrencies.
Cons:
- High trading fees - maker fees 0.59 %, taker fees 1.18%.
- Instant withdrawal unavailability.
3. Coindelta - website only
Coindelta offers more cryptocurrencies than any of other platforms, they currently support Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash(BTH), Qtum and OmiseGo. They also have the low trading fees. Also, they have instant deposit and withdrawal feature for faster funds transfer.
Pros:
- Multicoin Support - more than any exchange.
- Low trading fees - 0.3% taker and 0% maker fee.
- Instant deposit and withdrawal.
- KYC process is very fast.
Cons:
- INR 20 fees for both deposit and withdrawal.
- No app support as of now.
