Hot Topic of Discussion -5 best Platforms to buy and sell Crypto Currencies in India

Cryptocurrencies-001

Crypto currencies are hot topic of discussion now days. It is basically a digital payment system which generally does not rely on banks to verify transactions. It is stored in digital wallets. In crypto market it is basically accessible to everyone and to get started you just have to create a free account. In this article we will discuss the best crypto trading platform where you can create your account and start trading in cryptocurrencies.

1. WazirX- it is the fastestgrowing and leading crypto exchange. it is founded in 2018 it was backed by Binance in 2019 and rumours are that he is having millions of users. Why it is popular because of its seamless accessibility across platforms, fast KYC Procedures. You can deposit money easily through IMPS/NEFT/RTGS  or UPI and can buy and sell crypto’s easily. You can use wazirx on the Web, Android or IOS.

2. CoinSwitch- Coin Switchconnects with traders to multiple exchanges and provide them the best rates. It is founded in 2017. You can either buy the virtual currency in exchange of another Virtual currency or for money . here you can easily transfer money with your linked bank account. You can withdraw Indian rupees from the wallet by raising the request. KYC is necessity for making withdrawals. One limitation is there it doesnot support credit and debit cards. Payments can only be done by IMPS/NEFT/UI

Read More All you need to know about Crypto currency before investing

3. CoinDCX– it is india’s safest crypto exchange which is eastablished in 2018.it is trusted by nearby 7.5M Active users.  Here deposits can be made with bank transfer and MobikWik. It will give you referral bonus as well if your friend is doing transactions of worth 5 BTC or more. One limitation is that here you can do limited trading without KYC. You can easily use it on Web, Android or IOS.

4. Coinbase- coinbase is the most trusted cryprocurrency platform. It is founded in 2012. Here easily you can create your account link your bank account with that and starts trading. But here you cannot make INR transactions in the App. You can convert the currency and you can withdraw in to INR with help of supporting exchanges and put the INR money in to your bank account. Main drawback is you cannot trade in INR directly.

5.Binance(India)- if we talk about Binance it is founded in 2017. it is a crypto exchange of the Indian market where users can invest in crypto. Here you can buy and sell in minutes can see market trends. This exchange also has supporting services for users to earn interest or transact using crypto currencies. It takes time in account verification.

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