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How to Choose the Best Crypto Exchange in India
India’s crypto market has grown by 600% since 2020, making exchange selection crucial. Key factors to evaluate:
- Security: 95% cold storage funds & ISO-certified infrastructure
- Fees: Compare 0.1%-0.5% trading fees and zero deposit charges
- Coin Variety: Top platforms offer 150-400+ cryptocurrencies
- KYC Compliance: RBI-approved exchanges with PAN verification
- Rupee Support: UPI/IMPS/NEFT deposits with 24-hour withdrawals
Top 5 Crypto Exchanges in India (2024 Edition)
1. WazirX
Binance-owned platform with 15M+ users. Features:
- 400+ coins including SHIB, MATIC, ADA
- 0.2% spot trading fee
- Instant P2P INR transactions
2. CoinDCX
India’s first unicorn crypto app offering:
- 5% annual interest on crypto deposits
- Advanced trading bots
- 300+ altcoins with staking
3. ZebPay
OG exchange since 2014 with:
- Military-grade cold storage
- 10-second INR withdrawals
- Tax calculation tools
Crypto Exchange Comparison Table
| Exchange | Fees | Coins | Minimum Deposit |
|---|---|---|---|
| WazirX | 0.2% | 400+ | ₹100 |
| CoinDCX | 0.1% | 300+ | ₹1,000 |
FAQ: Crypto Trading in India
Q: Is crypto legal in India?
A: Yes, with 1% TDS deduction on transactions above ₹10,000.
Q: Which exchange has lowest fees?
A: Giottus (0.05%) and BitBNS (0.15%) offer competitive rates.
Q: How to avoid 30% crypto tax?
A: Hold assets >3 years to qualify for long-term capital gains benefits.
Q: Best for beginners?
A: CoinSwitch Kuber’s 1-click instant swaps require zero trading knowledge.
