5 Best Cryptocurrency Apps in India (2023): Secure & User-Friendly Platforms

India’s cryptocurrency market is booming, with millions of investors turning to digital assets like Bitcoin, Ethereum, and Solana. Choosing the right app is crucial for seamless trading, robust security, and access to diverse coins. Here’s a curated list of the top 5 cryptocurrency apps in India, along with tips to pick the best platform for your needs.

Factors to Consider When Choosing a Crypto App

• Security: Look for apps with two-factor authentication (2FA), cold storage, and regulatory compliance.
• Fees: Compare trading, deposit, and withdrawal charges.
• Supported Coins: Ensure the app offers Bitcoin, Ethereum, and altcoins you’re interested in.
• User Experience: Intuitive interfaces and 24/7 customer support matter.
• INR Support: Opt for apps allowing easy rupee deposits via UPI, net banking, or IMPS.

Top 5 Cryptocurrency Apps in India

1. WazirX

Acquired by Binance, WazirX is India’s largest crypto exchange with 15+ million users. It supports 250+ coins, including Bitcoin, SHIB, and Polygon.

• Pros: Low fees (0.2% spot trading), instant INR deposits, and a built-in P2P marketplace.
• Cons: Limited advanced trading tools.

2. CoinDCX

CoinDCX offers 500+ cryptocurrencies and staking options with up to 12% annual returns. Compliant with India’s AML and KYC norms.

• Pros: High liquidity, insurance-backed wallets, and a beginner-friendly app.
• Cons: Higher withdrawal fees than competitors.

3. CoinSwitch

Formerly CoinSwitch Kuber, this app simplifies crypto investing with a 3-step buying process. It aggregates prices from global exchanges for the best rates.

• Pros: Zero deposit fees, 24/7 support, and educational content.
• Cons: No direct wallet-to-wallet transfers.

4. ZebPay

A veteran in India’s crypto space, ZebPay supports 100+ coins and offers recurring investment plans starting at ₹100.

• Pros: High-security standards and instant INR withdrawals.
• Cons: Limited advanced charting features.

5. Bitbns

Bitbns stands out with its crypto lending feature, allowing users to earn up to 15% annual interest on holdings.

• Pros: Low trading fees (0.25%), multiple order types.
• Cons: Slower customer response times.

Tips for Safe Crypto Trading in India

• Enable 2FA and whitelisting for withdrawals.
• Diversify investments across coins and apps.
• Track taxes: 30% on gains and 1% TDS on transactions.

FAQ

Is cryptocurrency legal in India?

Yes, but gains are taxed at 30%, and a 1% TDS applies to transactions over ₹10,000.

Can I buy crypto with INR?

All top apps support INR deposits via UPI, net banking, or IMPS.

Which app is best for beginners?

CoinSwitch and ZebPay offer simple interfaces and guided tutorials.

How do I secure my crypto?

Use hardware wallets like Ledger for long-term storage and avoid sharing 2FA codes.

Are these apps regulated?

Most comply with India’s PMLA guidelines and perform mandatory KYC checks.