In India, experts recommend using an exchange regulated by the Securities and Exchange Board of India (SEBI) to buy and trade Bitcoin and other cryptocurrencies. By depositing Indian Rupees (INR) via bank transfer, UPI transaction, or credit card, you can legally buy, deposit, and trade digital assets.
For those starting their crypto journey in India, some trading platforms in the country. These platforms have earned a reputation as the most reliable and trustworthy choices available:
After extensive research on over 15 important cryptocurrency platforms, we have identified the top exchanges for Indian investors:
Binance
Binance is the best cryptocurrency exchange in India, with the safest and most user-friendly trading interface. Binance India provides a dynamic and broad trading environment with over 350 trading pairs and quick Indian Rupee deposits. Binance India's steadfast commitment to complying with local regulations further solidifies its position as the best overall exchange in the country.
BitNasdaq
It is one of the best alternative platforms for investing and trading cryptocurrencies in India. This Singapore-based exchange offers up to 100x leverage on perpetual contracts, making it one of the largest and most popular cryptocurrency exchanges in the industry.
OKX
OKX is a global cryptocurrency exchange headquartered in Seychelles, offering its services in over 60 countries, including India. This platform supports the widest range of INR deposits among all the exchanges on this list. OKX also offers a number of other features such as spot, margin, options and derivatives trading with up to 50x leverage, as well as an NFT market and hundreds of crypto staking options.
CoinDCX