The adoption of cryptocurrency in the world is rapidly increasing, and India is not an exemptional country in terms of crypto adoption. Due to these rapid increments, it is very essential to select the best crypto exchange when investing or trading cryptocurrencies.
In the content of this article, considering some things such as; exchange security, trading fees, available cryptocurrency pairs, etc a well-detailed and comprehensive exchange to look at before trading or investing in cryptocurrencies will be discussed here.
WazirX:
This is one of the biggest trading exchanges in India, it has an intuitive platform for trading different kinds of cryptocurrency pairs. It also has a simple intuitive interface, and a friendly-to-use mobile application for trading which makes it easy for traders to buy, sell, and trade cryptocurrencies.
Wazirx exchange has a 2-factor authentication which is a good security measure for protecting trader funds in the exchange. It also contains cold storage as its kind of wallet, also it has a relatively less trading fee.
CoinSwitch Kuber:
This exchange is a suitable trading exchange for cryptocurrency novices in India. It has a simple trading interface, which made it easy for users to buy, sell, and trade Bitcoin. CoinSwitch Kuber exchange gives individual investment decisions because it has multiple cryptocurrencies with current market values. It uses efficient security measures to protect investors and traders coins.
Zebpay:
It is a famous cryptocurrency exchange in Nigeria that is well-recognized due to its simple user interface and swift trading process. It gives an easy and simple mobile application that enables traders and investors to trade any cryptocurrencies. It has a cold storage and also enables 2-factor authentication as its security guard to protect trader and investor coins. It publishes educational crypto content and has good customer support which helps crypto enthusiasts.
CoinDCX:
CoinDCX has an advanced trading platform that is suitable for both amateur and professional traders. It comprises both future and advanced trading options together with the availability of multiple trading pairs which makes it possible for traders to easily select any pairs of their choice to trade. It employs high-security protocols that prevent traders’ and investors’ coins from hackers on the exchange. It offers a swift trading process for traders by providing low trading fees and liquidity for trading.
Bitbns:
This has many cryptocurrencies available on the exchange, and a simple user interface. These are the things that Bitbns is known for. It comprises of many trading options, such as; futures, spot, and margin trading. It has good customer support service and security cautions that protect users’ coins from scammers and hackers.
Summary:
In India, while selecting the best cryptocurrency exchanges to use for your trading activities, it is very crucial to put certain things into consideration such as; their regulatory policies, trading fees, customer support system, number of cryptocurrencies available, etc. The exchanges mentioned above, Zebpay, CoinDCX, WaxirX, etc are reputable trading platforms, have good security measures for their user funds, and has got themselves a good name in the Indian crypto space.
