If you live in India and are willing to take the leap into the crypto currency world, you need a good exchange. But before registering in an Indian exchange, you should know this.
The crypto currency world is full of risks and slips. So if you are a beginner, make sure you start with a small amount. After seeing how it works, you can put more money anytime. Just like any other investment, crypto currency is subject to market risk. An exchange is also subject to the hackers.
Now the good news, India is seeing the growth of multiple exchanges through which you can easily buy, sell or trade Bitcoin and altcoins. But always use a trusted exchange to buy your Bitcoin and stay away from the get-quick-rich scammers. More importantly, you should be able to safely store your virtual currencies.
Here are 6 trusted exchanges in India that thousands of people use. You can also use the referral link given to register and get the free referral benefits.
Launched in 2015, it offers Bitcoin, Litecoin and Bitcoin Cash. More crypto currencies are being added for transaction. Please note than Bitcoin and Bitcoin Cash are not the same and quite different from each other. Zebpay was founded by Sandeep Goenka, Saurav Agarwal and Mahin Gupta.
Zebpay works as a mobile app. Use this referral link to sign up in Zebpay and get Bitcoins worth Rs. 100 – http://link.zebpay.com/ref/REF92704102
After registration you will be asked for KYC and you have to submit photo/scan of your documents through your mobile app.
Coinome is quite reliable as it has been founded as a subsidiary of Billdesk, a trusted online payment company in India.
At present you can use INR to buy Bitcoin, Bitcoin Cash, Litecoin and Dash from Coinome.
Koinex was launched in 2017 very soon it became one of India’s most popular exchanges. Koinex lets you trade in Bitcoin, Bitcoin Cash, Ethereum, Ripple, Litecoin, Golem, IOTA and OmiseGo. Koinex head office is based in Mumbai.
Unocoin was set up in 2013 and their Head Office is at Bangalore. Unocoin is a very popular Bitcoin platform in India with a million registered users.
Ethx.in is solely for trading and storing Ethereum. It has a simple interface making it easy to buy and sell Ethereum. You cannot just sign up for Ethx.in, you would have to be invited or referred.
Use this referral link to register for Ethx.in and get free Ethereum worth Rs. 200 – https://ethx.in/r/?ref=7664
Coindelta is comparatively new, founded in 2017 by Rajdeep Singh, Shubham Yadav and Manish K.
You can many many crypto currencies from Coindelta like Bitcoin, Litecoin, Bitcoin Cash, Ethereum, OmiseGo, Qtum and Ripple.
There are many crypto currencies not available in the Indian exchanges but only in the international ones. International exchanges do not accept INR, so for that you need to register in an international exchange and transfer Bitcoin from Indian exchange.
You can register in these two very popular and trusted international exchanges.
Binance is currently the biggest exchange worldwide currently with 247 altcoins and 6 million users. To buy in Binance you would have to transfer Bitcoin or Ethereum from your Indian exchange. After the amount is transferred, then you can buy altcoins of your choice.
Referral Link – www.binance.com/?ref=20352053
The competitor to Binance, Kucoin is the second biggest with 203 altcoins. The process is the same, transfer Bitcoin, Litecoin or Ethereum from the Indian exchange to Kucoin and use it to convert it into other altcoin.
Please note that every exchange and coin have their own trading and transaction fees. Keep a note of it while trading.
Disclaimer: Any crypto currency is subject to market risk. The information in this website and the links provided are for general information only and should not be taken as legal or financial advice.
Information provided on this website is general in nature and before acting on this information you should consider the appropriateness, having regard to your own objectives, financial situation and needs.