The cryptocurrency situation in India is precarious, as the government is in the process of regulating crypto due to concerns surrounding illegal practices and volatility. However, crypto exchanges and apps are currently still available to use in India. Nearly all exchanges available have mobile applications that investors can use to check their accounts, view prices, make trades, send crypto, and more.
Every app has a unique user experience, and some outshine others. We have compared the best apps that Indians can use for their daily crypto tasks while keeping informed about the current market trends wherever they are.
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List of Best Apps for Cryptocurrency Trading in India
The list below contains the best apps for cryptocurrency trading in India for Indian investors to monitor their cryptocurrency portfolios and trade from anywhere.
Binance App India
Binance is the world’s largest exchange by trading volume and has a mobile app with a great user interface. The Binance India app has a variety of features that make it easy for Indian users to purchase digital currency using Rupees or other payment methods such as UPI and Paytm.
Binance also has a Binance Academy app where users can learn more about blockchain and cryptocurrencies. The Binance India app allows users to be informed of their holdings and monitor their cryptocurrency wallets, trading charts and open trades.
WazirX App India
WazirX is a very popular crypto trading platform and app that provides users with a platform to trade, manage, track and analyze digital assets in India. With over 12 million users, WazirX is one of India’s most popular cryptocurrency trading apps. It offers both a platform and a set of tools to help you trade cryptocurrencies. The platform is free to download and comes with a range of tools that help you track your trades and portfolios, perform analysis, and automate your trades.
Binance now owns the company and is free to transfer assets from Binance to WazirX. The app is easy to use and has all the features you need to trade, view assets, and send or buy crypto. WazirX application is available for Android, Google Play, iOS, Windows, and Mac. WazirX is proud to offer India-focused apps with fast transaction speeds and excellent user experience.
Tools are designed to make it easy for anyone to start trading cryptocurrencies, providing the knowledge, tools, and guidance to become a better trader. The platform provides users with a seamless trading interface and educational materials for cryptocurrency trading. It provides single-window access to the world’s most liquid markets, allowing users to trade cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
Coinbase App India
Coinbase has a large international presence but is a US-based company. Their mobile app is the easiest to use and perfect for beginners who want to make crypto trading easy and secure. This app is great for keeping users up to date with price alerts, news, and learning opportunities about the market. This app allows you to buy, sell, trade, and convert crypto and earn rewards by watching short instructional videos. It also provides the ability for Indians to set up a Coinbase account and download the mobile app from major app stores.
CoinSwitch Kuber App India
CoinSwitch Kuber is one of the most trusted cryptocurrency trading platforms. Since its launch in 2017, it has served millions of traders. The goal backed by Sequoia Capital is to make cryptocurrency trading easier for the general public. It has partnerships with several major crypto exchanges, making it one of the best crypto trading aggregators. CoinSwitch Kuber has processed over $5 billion in crypto transactions.
According to their mission statement, they want to “challenge the status quo” and give everyone the opportunity to make money without the need for study or intergenerational wealth. Mandatory KYC requirements add an extra layer of security to your transactions.
Kraken App India
Kraken is another US-based international cryptocurrency trading platform with a great mobile app. Kraken has decided to re-enter the Indian market after the banking ban on cryptocurrency companies was lifted in 2018. The app is designed to be intuitive with simple tools for trading, monitoring, and sending crypto assets. For users who need advanced features such as crypto options trading, there is the Kraken Pro app.
Unocoin App India
Unocoin is the oldest crypto trading platform based in India. It has been serving Indian cryptocurrency investors since 2013. Since its launch in 2013, it has processed over 11.7 million transactions. The brand has struggled to defend its cryptocurrency rights in India and its app makes it easy for users to trade various digital currencies. They pride themselves on providing responsive customer service in Hindi which is the perfect option for Indian investors needing help. It offers the great advantage of being able to buy with fiat currency and easily view and send funds.
Unocoin offers competitive rates and also dynamic rates for high-volume transactions. You can also access our trading API to create trading bots with real-time market updates to automate your trading and gain an edge over your fellow traders as well as play a key role in the fight for cryptocurrency rights in India. The signup process takes less than 10 minutes and consists of just registering, adding your bank details, and starting trading. This elegant system is perfect for traders new to the crypto ecosystem.
ZebPay App India
ZebPay is another popular Indian cryptocurrency trading platform launched in 2014. It offers a clean interface with advanced trading features. Users can make payments on the Bitcoin Lightning Network and take advantage of enhanced security features to void all payments and transfers. Users can also set trading alerts, and trading pairs and buy various low-slippage cryptos.
It claims to have processed over $10 billion in transactions since its inception. After relaunching in India in May 2020, the team has demonstrated its commitment to bringing cryptocurrency to the masses with over 5 million users. ZebPay focuses on security. 98% of all tokens registered in ZebPay are stored in cold/hardware wallets instead of online servers. Together with robust internal controls, this keeps your user resources safe no matter what.
CoinDCX
CoinDCX is a seamless, easy-to-use, and versatile cryptocurrency trading app. CoinDCX claims to be trusted by over 4 million Indian users to invest in cryptocurrencies. With over 200 crypto tokens you can trade on the app, it’s easy to get started. The sign-up process has been simplified, requiring a one-time password (OTP) for the user’s mobile phone number and email address. CoinDCX takes security very seriously. Secured by BitGo, all passwords and personal data are encrypted and 95% of all funds are stored in multi-sig cold wallets. CoinDCX is also backed by top investors in the crypto space including Coinbase Ventures, BainCapital Ventures, Polychain Capital, and BitMex.
Best Cryptocurrency Wallet
Trust Wallet
Trust Wallet is used to store Bitcoin, Ethereum, Binance Smart Chain (BSC) Tokens, Litecoin, Dogecoin, and other major cryptocurrencies. Trust Bitcoin Wallet is convenient and offers security features such as PIN, biometrics, and QR code to protect the user’s keys and crypto assets.
Coinbase Wallet
Coinbase is one of the world’s leading exchanges with the advanced security features of the Coinbase Bitcoin Wallet with Secure Enclave, biometric authentication, and optional cloud backup. Coinbase Wallet supports over 500 tokens including all top assets like Bitcoin. Users can also connect their wallets and trade on a decentralized exchange (DEX). Users can also store digital collectibles in wallets.
Crypto.com
Crypto.com has a nationwide presence with 10 million users and 3,000 employees in 90 countries. The exchange offers crypto research and analysis, as well as educational materials to help you learn to trade from the ground up or perform better as an expert. Buy over 250 cryptocurrencies with fiat currency through your Crypto.com Visa card and bank account. A Crypto.com card allows a user to access, manage and spend cryptocurrencies at any of his Visa ATMs and stores around the world at any time.
Binance
Binance is the top 5 largest cryptocurrency exchange apps in terms of the trading volume. It supports 150 cryptocurrencies and coins, including the most popular ones like Bitcoin, Ethereum, Litecoin, and its own BNB coin. It currently works in the US, Europe, Australia, and Africa.
Kraken
Kraken – Based in the US, has been in operation since 2011 and is available in 48 US states and 176 countries. This cryptocurrency exchange supports and lists 40 cryptocurrencies, including the most popular cryptocurrencies like BTC.
In fact, Kraken is one of the 10 largest cryptocurrency exchanges by daily market trading volume. Transactions are considered very secure as they have never been hacked unlike other competitors Binance and Coinbase.
Bittrex
Bittrex supports trading between cryptocurrencies, listing the largest number of virtual currencies. i.e., over 190, allows users to trade between different cryptocurrencies. The exchange is considered very secure and is seen as lacking support, but trades are executed quickly. Seattle, Washington-based Bittrex was founded in 2014. The team behind the exchange has over 50 years of experience working with Microsoft, Amazon, Blackberry, Qualys, and others. This cryptocurrency exchange has a high 24-hour trading volume of $225,425,248, making it one of the highest or top 15 exchanges.
In addition to the high level of security and speed of transaction execution, you also benefit from low fees. In fact, a flat 0.25% on each trade is the simplest fee description I’ve seen on a cryptocurrency exchange.
Unocoin Wallet
Unocoin is one of India’s leading cryptocurrency exchanges and the wallet is an application-based cryptocurrency wallet connected to a user’s Unocoin account. Not only does it support top cryptocurrencies, but it is also compatible with Android and IOS devices. Unocoin has some unique features such as offering multiple purchase plans for users to add funds. It also serves as a payment gateway for various merchants, expanding its use cases.
WazirX Multi-Cryptocurrency Wallet
Another leading cryptocurrency exchange in India, the WazirX Bitcoin wallet has a huge user base where users can buy Bitcoins as well as their tokens such as WazirX’s native token, WRX token. You can hold top cryptocurrencies. The wallet offers top security features, a wide range of crypto assets, fast transactions, access to advanced trading tools, cross-device compatibility, a user-friendly interface, and a fast KYC process.
Summary
In this article, we have listed some of the best apps for cryptocurrency trading in India. Each of them has various features that set them apart from other apps for crypto trading in India. We looked at WazirX, CoinSwitch Kuber, Unocoin, ZebPay, and CoinDCX. Hopefully, this blog has taught you which app to use when trading crypto. So, which trading app do you use?
Cryptocurrencies are unregulated virtual assets, not legal tender, subject to market risk.
Further Readings: Click on the below links to read relevant articles.
FAQs
Is Binance better than Coinbase?
Binance is suitable for those familiar with cryptocurrency lingo and investment options, while Coinbase is built for convenient and easy trading. Both exchanges offer mobile apps with various features.
What is safer than Coinbase?
The Exodus wallet is more secure than the Coinbase web wallet as users own their private keys and have full control over their assets.
Which crypto exchange is Best in the USA?
Coinbase is the most popular and successful US-based cryptocurrency exchange, offering a very user-friendly interface and trading experience. Coinbase was founded in 2014 and is based in San Francisco. Coinbase is perfect for both new traders and professional investors.
Which is better Coinbase or crypto.com?
Crypto.com offers generous rewards that offer opportunities to earn interest on cryptocurrencies and deposits. However, Coinbase stands out for its ease of use and educational opportunities for earning cryptocurrencies.
