Top 5 Cryptocurrency Exchange in India

By the end of 2018, India’s Supreme Court has lifted the ban against cryptocurrency transactions in India, announced by the Reserve Bank of India.

This industry in India is showing dizzying growth with a number of cryptocurrency exchanges, reporting a 12-fold increase in transaction volume and a significant increase in the number of new users. Despite the global coronavirus epidemic and the nationwide quarantine order, cryptocurrency trading platforms are still operating vigorously in the Indian market.

The following are the 5 largest cryptocurrency exchange in India.

NEEX – Trending cryptocurrency exchange in India

NEEX is a leading P2P exchange in India and is considered to be a trading place for USDex and other cryptocurrencies such as NEE, Bitcoin, Ripple, Etherium, Paya, and so on. It’s a place where we can use currencies of each country to buy and sell cryptocurrencies easily and quickly with a simple and optimal interface.

With the aim of providing the market with an intermediary trading solution, the nation’s currencies will be replaced by USDex.

THE Peer-to-peer P2P platform is transparent for a free trading community and provides tools, confidentiality, and absolute safety for users.

NEEX is built by highly specialized teams with experience working in professional banking systems and in building systems of finance, payment, cryptocurrencies, and software applications.

Currently, NEEX is available in many countries such as the UAE, India, Korea, Japan, The Philippines, Vietnam, Cambodia, Malaysian, Indonesia, Taiwan, and is being developed and expanded every day.

Coinsecure

Coinsecure is a cryptocurrency trading platform. Coinsecure was founded by Benson Samuel and Mohit Kalra in 2014. The coinsecure head office is located in Delhi, India. The platform allows users to buy and sell Bitcoin through sending and withdrawing Bitcoin in Indian rupees. The exchange aims to make Bitcoin easily accessible for Indian traders, developers, investors, etc. The company also offers cryptocurrency wallets, blockchain solutions, and trading gateway. Besides, there is a Coinsecure mobile application.

CoinDCX

CoinDCX is another popular cryptocurrency exchange in India, developed by DCX, a Singapore-based company, specializing in cryptocurrency financial services.

With major fintech innovations around the world, CoinDCX is considered the most versatile cryptocurrency exchange in the world and India. CoinDCX, with its massive liquidity and impenetrable security, makes the trading experience extremely fast, reliable, and easy. CoinDCX has empowered its traders with the first series of products in the industry to trade better by using liquidity and links from the world’s leading exchanges. The products are designed for all types of traders with different trading experiences, risk tolerance and regular trading frequency.

ZebPay

ZebPay is a Singapore-based company established in 2015. Its Indian counterpart is located in Ahmedabad and is one of the largest and oldest cryptocurrency exchange in India. After the ban on cryptocurrency trading was imposed by RBI in April 2018, ZebPay temporarily moved to Malta. Although it has been operating in Singapore and other countries, the exchange has recently resumed operations in India. The exchange allows users to buy/sell cryptocurrency pairs, supporting leading digital assets including BTC, ETH, XRP, BAT, etc. promising low transaction fees, underpinned by an advanced security platform. The newly launched application comes with the following features:

• Simple and new interface with an intuitive user-friendly interface.
• A vast range of advanced trading features.
• Multi-signature and multi-geographic authentication for cold wallets.
• Absolutely comply with all regulations of Multi-layer advanced security protocol (exclusive).

UnoCoin

This Bengaluru-based cryptocurrency exchange was founded in 2013. Its main activities revolve around Bitcoin along with a number of other large digital assets. The exchange has strengthened its market position globally with cooperation with Bitwage (USA) and Paycase (Canada).

Unocoin provides a security platform for traders to buy and sell Bitcoin using INR while matching orders with other users. It has provisions for over-the-counter (OTC) transactions that allow users to trade in bulk. Unocoin trade portal allows e-commerce businesses to receive Bitcoin as payment.

There’s no doubt that the cryptocurrency craze has increased in recent times, but currency exchanges are still considered to be inconsistent, risky and unpredictable in the market. However, cryptocurrencies offer high profitability, unlimited scope and activity time around the world.

Hopefully, through this article, everyone will have a better overview of the cryptocurrency market in general and in India in particular.