Table of Contents
Dealing with cryptocurrency seems to be nearly everyone’s concern in this era. This could be because there is an increase in the price of digital assets, with a promising future in crypto deals. However, a significant number of individuals are yet to grasp the nature of dealing with crypto assets.
In that case, these are the best cryptocurrency apps to look into if you wish to invest in cryptocurrencies. For example, if you’re targeting the Indian market, you need the best cryptocurrency app in India.
Best Cryptocurrency App in India | Introduction
Currently, Indians are still struggling when it comes to legalizing the use of crypto in their country, as crypto hasn’t been declared a legal tender yet. However, this has not stopped cryptocurrency applications from venturing into the country. This article outlines the best cryptocurrency apps in India that can help investors enter the world of decentralized digital currency networks.
Binance App India
Binance is currently the world leader in the field of crypto exchange. Its product, Binance app India, is the best cryptocurrency app in India when it comes to transacting crypto. The Binance platform is exceptionally vast, with countless currencies for its users to invest in. Currently, Binance can be termed as the best cryptocurrency exchange in India as its users have vast investing opportunities.
The platform encourages deposits from its users, as it does not have any fees attached to them. In addition, depending on the amount that you trade, you will be eligible for an upgrade to VIP status. Its top traders receive top-tier treatment, which comprises less trading fees the higher their levels.
With its great reputation, it may be overwhelming for beginners to get their way within the platform. Therefore, it’s recommended for medium and advanced users.
Coinbase App India
When we talk about the best cryptocurrency app in India, we can’t exclude Coinbase. The Coinbase platform has gained popularity on the international crypto market, and that includes India. Even though it is a US-based company, the platform has the most straightforward interface. Besides, the platform has a wide selection of currencies with helpful educational content.
Regarding the security of its users, Coinbase has ensured that its exchanges are top-notch. However, when joining the Coinbase platform, users should be cautious of the high fees charged on their crypto exchanges. The fee structure provided to its users is also extremely complex for them to understand. All the same, Coinbase still ranks as one of the best crypto applications in India. You can find more information about this exchange in our Coinbase review.
Kraken App India
The Kraken App, just like Coinbase, is an international application that launched in the US and expanded into India in 2018. It is a good application for investors who are looking for low trading fees while accessing a high number of crypto coins. Currently, there are more than 110 coins supported by the Kraken app, and more are likely to be added.
The Kraken application has a simple user interface that makes it easy for crypto enthusiasts to navigate through it. In addition, it has a high liquidity exchange, making it easier to purchase and sell crypto on market rates.
However, while joining the Kraken app, you should be wary of the high fees that you will incur if you are not using the Kraken Pro version. There have also been reports regarding instances of hacking, which should have been resolved by now. That is why we think is maybe the best cryptocurrency app in India.
We also recommend: How to Make an NFT
CoinMarketCap App India
CoinMarketCap launched in 2013 and is considered one of the best crypto applications in India. With numerous cryptocurrencies, this application offers its users a variety of coins to trade with. The CoinMarketCap has an easy-to-use interface that attracts crypto enthusiasts from all stages.
Even without paying for their premium API service, users can still get the most out of CoinMarketCap, such as the great level of customizability that it possesses. With these features, CoinMarketCap could easily pass as the best app for cryptocurrency in India.
Unocoin can be considered the base of India’s crypto exchange. Since it was established in 2013, this platform has been growing rapidly and steadily, serving millions of Indians at once. Unocoin is recognized for its fight to advocate for crypto rights in India, allowing its users to enjoy crypto trading.
Unocoin has been well-developed, making it easy for its users to trade crypto in large volumes. This application is one of the best as they have extremely competent and fast customer service in which they pride themselves.
Importantly, KYC is mandatory when using Unocoin, and the privacy of its users is a top priority through its biometric security features that include finger ID and passcode. Unocoin is currently hosting at least 38 cryptocurrencies, and you will have to pay a 0.5% fee when transacting in BTC.
Is this one of the best cryptocurrency app in India? ZebPay App is one of the oldest crypto trading applications on the Indian market. The application is easier to use as its users are allowed to sign up and start trading through their mobile devices. The ZebPay application uses the referral feature where every new user you successfully bring into the platform will let you earn 50% on trading fees for a single year.
Like most crypto platforms, ZebPay’s minimum deposit on registration is Rs 100, while on other payment forms, the fee increases to Rs 1000. Despite being a popular platform, it charges fees on all aspects, including a monthly membership fee of 0.0001 BTC, which can be evaded by investing in ZebPay. This platform offers free deposits on all cryptocurrencies unless you are depositing using UPI, whereby you incur a fee of Rs 15.
WazirX is considered the largest cryptocurrency in India, even though it was acquired by Binance 2 years ago in November 2019. Its popularity is steered by its straightforward interface that makes it easy for users of all levels to find their way around the platform.
This application allows its users to invest using INR, US dollar, BTC, and even P2P. To sweeten the deal for its users, WazirX has its own coin (WRX) that can be used to invest in other cryptos. The prominent features of WazirX are the various contests that allow users to earn coins.
WazirX charges a 0.2% fee on both the taker and maker. Currently, the minimum deposit amount in WazirX is Rs 100.
Best Cryptocurrency App in India – Conclusion
With the cryptocurrency world growing rapidly, these seven applications can be considered the best cryptocurrency apps in India. Binance and Coinbase India are currently the top two best cryptocurrency apps in India. However, the remaining applications still hold a significant amount of influence when dealing with crypto coins. The features possessed in these applications will give crypto enthusiasts in India the chance to make more out of their crypto dealings. If you want to find the best information, you can check also the best cryptocurrency news app.