Cryptocurrency exchanges are online trading sites that allow you to buy and sell crypto currencies. They act as a mediator between customers and suppliers, just like any other marketing platform. In a few simple ways, crypto exchanges can allow users to deposit money through netbanking, direct bank transfer, or P2P, and trade crypto assets as needed. Each month, Forbes Advisor puts together a list of crypto exchanges to help users find a site that best suits their needs. Here’s a look at the top cryptocurrency exchanges in India for the month of June, according to Forbes.
For its selection, Forbes Advisor considered a number of limitations for its listed exchanges, including such things as stock exchange, liquidity, knowledge trading, cryptocurrency products, customer support services. , and the number of registered users on each site. Forbes Advisor considered a number of other factors, from the establishment of the fee to the level of security for each site.
The best cryptocurrency exchanges in India for the month of June
WazirX
Forbes advice: 4.5 (out of 5)
The minimum amount required: Rs 100
Available Cryptocurrencies: Over 450
Fees: 0.2 percent
Shipping: 0.2 percent
With over 60 lakh registered users, WazirX is one of the fastest converting crypto in India. According to Forbes, WazirX provides a user interface between mobile devices and mobile apps.
CoinDCX
Forbes advice: 4.5
The minimum amount required: Rs 100
Available Cryptocurrencies: Over 340
Fees: 0.2 percent
Shipping: 0.2 percent
With 1.3 crore registered users, CoinDCX is considered to be one of the most trusted crypto exchanges in the country. The platform offers crypto services such as margin trading, futures, and offer options.
CoinSwitch Kuber
Forbes advice: 4
The minimum amount required: Rs 100
Available Cryptocurrencies: Over 80
Fees: 0.1 percent
Shipping: 0.1 percent
Boasting over 1.5 registered users, CoinSwitch Kuber offers a variety of trading platforms such as INR to crypto exchange, crypto to crypto, and crypto to INR exchange.
Binance India
Forbes advice: 4
The minimum amount required: Rs 100
Available Cryptocurrencies: 600
Fees: 0.1 percent
Shipping: 0.1 percent
Binance has more and more registered users and helps ensure a high level of security for users ’money. In 2019, Binance acquired WazirX, allowing WazirX wallet users to trade through Binance with ease and security.
Unocoin
Forbes advice: 3.5
The minimum amount required: Rs 1,000
Available Cryptocurrencies: Over 80
Fees: No.
Shipping: 0.3 percent
One of the oldest exchanges for trading and holding Bitcoin, Unocoin charges a fee of 0.5 percent to buy or sell Bitcoin. Unocoin has over 20 lakh users.
Bitbns
Forbes advice: 3.5
The minimum amount required: Rs 100
Available Cryptocurrencies: Over 390
Fees: 0.25 per cent
Shipping: 0.25 per cent
Bitbns has over 40 lakh registered users. This is especially useful for novice traders, as Bitbns provides an advanced training system to users.
BuyUCoin
Forbes advice: 3.5
The minimum amount required: Rs 20
Available Cryptocurrencies: Over 130
Fees: 0.24 per cent
Shipping: 0.24 per cent
With more than 10 lakh registered users, BuyUCoin allows users to enter the crypto market with a deposit of Rs 20.
Zebpay
Forbes advice: 3
The minimum amount required: Rs 100
Available Cryptocurrencies: Over 100
Fees: 0.15 per cent
Shipping: 0.25 per cent
Zebpay allows investors to earn interest on idle crypto assets. It has about 50 lakh users. With nearly 98 percent of Zebpay’s stock in cold bags, it will be a solid base to watch out for.
Disclaimer: Crypto and NFT products are not fixed and can be very problematic. There may be no remedial action for any losses from such actions. Cryptocurrency is not legal or subject to market problems. Readers are encouraged to seek technical advice and read articles and critical articles on the subject carefully before making any kind of money. The forecasts of the Cryptocurrency market are thoughtful and each publication made on the price and concern of the readers.
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