Close this search box.

5 Best Cryptocurrency Brokers in India

Best Cryptocurrency Brokers in India

The rolling popularity of cryptocurrencies as investment products is no secret as digital coins are being widely adopted globally. The massive interest in this asset class is mainly attributable to its unique decentralized framework and volatile nature that offers high profitability opportunities. To participate and trade in the digital currency markets, it is essential to join a crypto exchange or brokerage platform that integrates a variety of key features with fine trading conditions.

In this write-up, we have discussed the best cryptocurrency brokers in India for Indian investors who want to buy or exchange crypto assets without hassle. The legal standing of cryptocurrencies in India, which had been ambiguous previously, has become much clearer with the recent passing of the Crypto tax law. The decision indicates the official acceptance of crypto assets in the country, paving the way for a safer and regulated environment for Indians, who form the largest percentage of the worldwide crypto holders. 

We have compiled the following list of leading crypto brokers in India by considering their operational structure and several key features. This list would be helpful for you in choosing a platform that matches well with your requirements.

5 Best Cryptocurrency Brokers in India

1. WazirX

Launched in March 2018, WazirX is an Indian cryptocurrency exchange offering multiple trading platforms, p2p technology, and a wide range of crypto trading pairs, including its native WRX token. Though the exchange was initially developed for only Indian customers, it opened its doors for international users as well by the end of 2019. In the same year, it was integrated with Binance, the global cryptocurrency exchange, expanding the exposure of WazirX investors.


According to developers, the platform is suitable for both beginner and professional traders due to its user-friendly interface, high-speed transactions, and advanced trading tools. Additionally, this crypto exchange assimilates a strong security structure and stores 95% of the user funds in cold-storage wallets.

WazirX is especially ideal for Indian investors as the platform lists various crypto/INR pairs, allowing the traders to directly trade digital currencies with INR. Moreover, the deposit/withdrawal methods are well-suited for Indians as they can make all transactions via INR with low fees. With the WazirX referral program, users can save around 50% in trading fees and also earn commissions.

A comprehensive range of crypto

WazirX exchange offers around 250+ tradable crypto pairs, out of which 100+ cryptocurrencies are paired with USDT while the remaining are paired with BTC, INR, and WRX. With a fixed 1 billion supply, WRX is the utility token of the WazirX ecosystem that can be used for paying trading fees on the platform and mining purposes.

Besides the exchange, the WazirX p2p market includes eight currencies paired with USDT (Tether), including Indian Rupee, Euro, Russian Rouble, Saudi Riyal, and others.

Deposit and withdrawals

You can easily deposit INR into your WazirX account to start trading or buying cryptocurrencies (Minimum deposit: Rs. 100). Presently, the available payment methods include IMPS, RTGS, NEFT, and UPI.

In your account’s “Funds” tab, you can also see the different cryptocurrencies available for deposit and withdrawal besides the INR. After clicking on the “deposit” option mentioned in front of INR, you can quickly link your bank account with WazirX by providing the necessary details and start making deposits. Rs. 5.9 are charged for IMPS, RTGS, NEFT transfers, whereas Rs.4 are deducted in UPI payments.

The withdrawal procedure is the same as for deposits. However, withdrawals are only processed for KYC verified accounts for security reasons. There is no fixed fee for withdrawals; it differs with each crypto coin along with the maximum and minimum withdrawal limit. 

WazirX Trading methods

At WazirX, there are two trading methods to buy/sell your desired cryptocurrencies.

  • Spot exchange

On the WazirX spot exchange, you can buy the digital assets, either paired with INR or with BTC/USDT/WRX. To place a buy order, you have to fill out the order form by specifying the buying amount and the price you want it to be purchased. The system auto-executes the order when the requirements are met.

A 0.2% maker/taker fee has been implemented for spot trading.

WazirX Spot Exchange
  • P2p trading

The p2p platform auto links the buyers and sellers where they can buy or sell USDT using one of the eight fiat currencies, such as INR or EUR. During this process, WazirX acts as an escrow party that ensures the viability and security of dealings.

P2p exchange is absolutely free.

2. Binance

Binance is a leading global cryptocurrency exchange that has expeditiously built its reputation in a short period thanks to its top-quality services, high liquidity, and versatile offerings. With an extensive collection of cryptocurrencies, lending/staking instruments, loan services, and Defi products, this brand has become more than a simple crypto exchange. That being said, the Binance ecosystem is built up of dual blockchain networks, namely the Binance Chain and Binance Smart Chain (BSC), along with the native BNB token.


It is compatible with both mobile & web-based devices and extends advanced trading platforms and tools for traders with every expertise. Binance app integrates two interface options, ‘Lite’ and ‘Pro’, to optimize the user experience. In addition, Binance has inculcated the global-standard security features on its platforms, such as the KYC policy and SAFU (insurance) fund.

Besides spot trading, users can also trade crypto derivates on the Binance platform, including futures, options, and margin trading. Moreover, through the “convert” feature, crypto-assets can be converted into any other crypto according to the available exchange rate.

Binance p2p marketplace is one of the most popular peer-to-peer networks where buyers and sellers directly interact to buy and sell cryptocurrencies against fiat currencies. Around ten crypto coins are listed in the p2p section, including USDT, BUSD, and BNB, which can be exchanged for regular currencies.

Binance P2P

Range of currencies

As of now, Binance supports more than 600 cryptocurrencies and 30+ fiat currencies. Although the offered crypto coins are limited for some jurisdictions like the US, Indian users can enjoy the full range of crypto assets for buying, selling, and other trading endeavours.

Buying crypto on Binance

For Indian users, Binance offers two methods to buy cryptocurrencies via INR. You can either utilize the p2p exchange to purchase the cryptocurrencies listed on the marketplace or connect your Binance account with the WazirX account and transfer USDT from the WazirX to Binance. This method works because you can directly buy crypto from INR at WazirX.

For crypto deposits, you can easily transfer the crypto-coins from crypto wallets. There is no fee for crypto deposits. However, crypto withdrawals are charged a fee that varies with the different blockchain networks.

Binance Earn

Binance Earn is one of the platform’s most popular features that include numerous interest-earning sections. With Binance Earn, users can hold their crypto assets for earning a high annual percentage yield (APY). The offered products are flexible and locked savings, staking, LaunchPool, BNB vault, and Binance Liquid Swap.

3. Zebpay India

Established in 2014, Zebpay is a Singapore-based cryptocurrency exchange platform with a vast user base in India. Since its inception, the broker has processed over $10 billion in transactions and provides services in around 162 countries.

At the Zebpay exchange, users can buy, sell, and trade various cryptocurrencies with the simple and intuitive Zebpay app or its web-based pro platform. Zebpay pro incorporates a detailed charting interface and numerous charting tools for executing and managing trades, best for advanced traders.


The platform assimilates a robust infrastructure with a multi-layered security system to protect the users’ funds and account information. The integrated Zebpay wallet stores about 98% of the funds in offline/cold wallets, enhancing the security of crypto holdings. Moreover, its Omnitrix protocol and third-party testing technology further solidifies the protection network and blocks all hacking attacks. 

To get started with Zebpay, you just need to register with a mobile number and submit the necessary documents for KYC verification. Afterwards, you can start trading with as little as 100 INR and even buy Bitcoin in fractional shares.

Supported cryptocurrencies

Zebpay supports approximately 100 cryptocurrencies, including the leading coins like Bitcoin, Ethereum, XRP, EOS, and so on. Whereas the trading pairs are numbered around 13, of which 9 are crypto-INR pairs, and 4 are crypto-crypto pairs, namely BTC-USDT, ETH-USDT, XRP-USDT, ETH-BTC.

Deposit and withdrawals

Zebpay is ideal for Indian investors as they can easily deposit INR to buy digital assets as well as withdraw their earnings in INR. You can make two types of deposits in your account:

  • Add crypto to your Zebpay crypto wallet without any charges.
  • Deposit INR in your account via net banking, UPI, instant deposit, or bank transfer.

Zebpay allows fiat withdrawal (INR) to only your linked or registered bank account. When you withdraw INR from the account, a 10 INR fee is deducted. In contrast, if you want to withdraw crypto from your Zebpay account, the withdrawal fees and minimum/maximum withdrawal amount varies with each crypto.

Zebpay lending and earn

Zebpay offers its clients the opportunity to earn returns by HODLing their crypto coins. With Zebpay Earn, daily returns are distributed on seven selected cryptos, including BTC, BNB, USDT, and ETH. With Zebpay Lending, you can higher fixed returns on either the open terms or fixed terms.

4. CoinDCX

CoinDCX is one of the most popular and easy-to-use cryptocurrency exchanges providing services in India and Singapore since 2018. Users can buy, sell, and trade crypto on both CoinDCX mobile app and web platform with extremely low fees. More than 10 million Indian investors trust the platform, and crypto assets worth 75 billion+ INR has been purchased via CoinDCX till now.

CoinDCX offers two types of applications, namely CoinDCX Go and CoinDCX Pro. The latter is the primary platform that includes most of the features, trading products and 200+ crypto coins. On the other hand, Go is the simplified version and extension of CoinDCX Pro.


Payment methods

CoinDCX extends both crypto and INR deposits. You can deposit INR into your CoinDCX account by UPI, MobiKwik, net banking, and bank transfer.

Crypto deposits are not charged any fee. Whereas all the INR payment methods have minimum/maximum limits and transaction fees. (UPI and bank transfer have no fee)

Similarly, CoinDCX allows both crypto and INR withdrawals. The platform does not charge any fees for both withdrawal types.

CoinDCX trading products

  • CoinDCX spot trading allows the participants to trade more than 250 cryptocurrencies on a highly liquid platform.
  • At CoinDCX, users can engage in leveraged trading, including margin trading and futures. The broker offers up to 10x leverage on 250+ crypto assets to margin traders and extends 15x leverage to crypto futures investors.
  • With CoinDCX Insta, you can buy and sell crypto instantly with INR. Around  100+ cryptos can be exchanged for as low as 10 INR. The broker also includes a “convert” feature that allows a seamless conversion of any crypto coin to the other.
  • The brand also provides lending and staking services. With CoinDCX lend, you can earn a secure income up to 16.25 APR by holding your crypto assets. With CoinDCX stake, you can earn high passive income by staking various coins like ETH2, EOS, NEO, etc.

5. Bitbns

Launched in 2017, Bitbns is one of the best crypto brokers in India, providing exclusive services to more than 4 million Indian investors. Besides the standard trading services, this exchange platform puts forward a large variety of advanced facilities, including API trading, arbitrage plugins, bug bounty rewards, hardware cold wallets, and margin trading, best suited for professional traders. Moreover, crypto enthusiasts can participate in pool sales and join initial coin offerings via the Bitbns Launchpad.

Bitbns also furnishes several promotions, like contests or predict & win, and a referral program, allowing the users to earn rewards and get trading fee discounts.

According to the brand, they incorporate around 386+ digital assets that can be traded on the platform. The trading pairs are available with INR or USDT.


Deposits and withdrawals

At Bitbns, there are three main payment methods:

  • You can directly deposit crypto into your account without any charges. Similarly, you can also withdraw crypto to another exchange/wallet; however, the platform charges a crypto withdrawal fee that varies with each coin.
  • You can deposit INR into your Bitbns account via UPI and bank transfer (IMPS, NEFT, RTGS) free of charge. You can withdraw in the same way with no fee on normal withdrawals and a 4 INR-9 INR fee on instant withdrawals.
  • You can also utilize the Bitbns Peer-to-peer USDT network to directly buy USDT via INR or sell your USDT to get INR without any fees.  

Bitbns advanced features:

  • With Bitdroplet, you can start a systemic investment plan in Bitcoin from as low as $1 per day.
  • Bitbns offers margin trading on selected coins that can be leveraged to up to 4x for gaining maximized returns.
  • Ascent is a token launchpad platform for investors and yield farmers to raise funds for their projects. It offers free listing and gives the participants access to a huge decentralized community 
  • FIP plan allows the users to invest their crypto for getting fixed returns after a specific period. The return rates can go up to 40%-50% for some coins.
  • With Quickswap, members can instantly swap their desired token from over 300 crypto coins to USDT or INR.

You may also like:


spot trading in crypto
best crypto to invest in 2024
Altcoins vs Stablecoins
You might also like
trading psychology