Like other parts of the world, cryptocurrency trading has gained much popularity in India with thousands of cryptocurrency traders and users looking forward to trading through a secure platform and earn handsomely. This whole process started around three or four years back when India showed a keen interest in catching up with the style of crypto-trading and making it popular like other countries.
Today the scenario has changed much for the betterment of the trade. Bitcoin being one of the finest variants for cryptocurrency trading has gained much more popular among the users and more and more portals are showing a keen interest in encouraging users to trade with Bitcoin.
Herby we are going to discuss 8 of the best well-known cryptocurrency sites in India that allow Bitcoin trading along with other cryptocurrency variants.
1. Zebpay
The company of Zebpay with its official website called zebpay.com operating from Mumbai, India started its successful journey in the year 2015 under the guidance of the trio of Mr Mahin Gupta, Mr Sandeep Goenka and Mr Saurabh Agarwal as the founder of the company.
It offers purchase of mobile, gift vouchers related to Bitcoin and airtime as well. Today the company stands as one of the prominent crypto platforms in India dealing in Bitcoins with an easy to use interface and trusted security features.
In order to get registered with this portal, you need to provide a valid identification certified by the Indian government. The company provides a decent customer support system with the provision of email and phone.
In order to purchase Bitcoins, you just need to have INR into your Zebpay wallet either by express transfer, normal transfer or via payment gateways. With a high trading volume and withdrawal fees of 0.0002 BTC, it is one of the most trusted Bitcoin purchasing site in India.
2. Unocoin
The platform of Unocoin (unocoin.com) operating from Bangalore, India, is one of the most favourite sites for the users for the transaction of Bitcoin in India. The management of the company has designed and formatted this platform in such a way that it becomes easy for the traders to trade through this portal.
You need to have a Pan card in order to register into the site. The portal of Unocoin offers a referral program to its users and paper wallet for keeping the funds.
The company asks for a fee of 1% for buying and selling of Bitcoins with a transaction fee of 15% that includes service tax as per government rules. Unocoin provides excellent security measures to its users with high trade volumes. They provide a decent transparent way of dealing with customers earning an overall good review from the Indian users. There is no deposit fee that the company charges and margin trading is not available.
3. Coinsecure
Coinsecure (coinsecure.in) saw its first daylight in the year 2014. The company from its base in Delhi, India today is considered to be one of the safest places for the users and traders to deal in Bitcoin. This BTC oriented exchange helps you to create an easy registration and account within a few minutes of time by providing your valid identification.
Mr Benson Samuel and Mr Mohit Kalra are two to the co-founders of the company started this cryptocurrency business in order to provide the crypto traders with better facility and atmosphere to trade. The portal of Coinsecure allows anonymous trading to its users with no margin trading and zero deposit fees.
The company does provide a high trading volume with trading fees between 0.4 to 0.6%. Coinsecure charges 0.0001 BTC from its users as a means of a withdrawal fee. You can access customer support via email and phone. The company follows a strict AML and KYC guidelines according to the government policy. Today Coinsecure is a well known crypto-trading platform in India with a good number of account holders.
4. BTCXIndia
BTCXIndia is one of the best cryptocurrency trading portals available in India today with a good number of the customer base. Founded by Mupparaju Siva Kameswara Rao in the year 2013 with its base at Hyderabad, India, the company offers different variants of cryptocurrency like Ripple, Ethereum along with Bitcoin as one of the most primary crypto.
There had been shut down in its activity in the year 2015 due to some issues with the Kotak-Mahindra bank but resumed its activities on the 05 July 2017 shifting to Andra Bank.
The company offers its services only to Indian citizens. The portal charges a fee of 1% for buying or selling but does not charge anything for its wallet services. The company does its transaction in the timeframe of 8 am to 8 pm on a daily basis except on Sundays. In terms of security, the portal does not let its customers down by any means and takes adequate measures and monitoring for full protection of the funds and transaction.
5. Coinome
With its headquarters in Mumbai, Coinome today stands as one of the best sites in India from where you can purchase Bitcoin without any issues with the perfect security offered. The company came into existence in the year 2017 by the effort made by a subsidiary of Billdesk. The company along with Bitcoin also offers Bitcoin cash to its users/traders. You can easily open your registered account by submitting your Aadhaar number.
This open order book crypto exchange does offer a fee of 0.1% for makers and 0.3% for takers. According to news, they are going to introduce Ethereum and Litecoin for trading purpose through its portal.
The company, in the long run, is planning to support around 20 more crypto variants for the betterment of the trade but currently only dealing in BTC and INR. The company provides a good security system to its customer and overall has managed to obtain a good repute for itself.
6. Koinex
Koinex is another well known Indian cryptocurrency company that is a perfect place to do the transaction in Bitcoin. The company was founded in the year 2017 with its base at Mumbai, the founders Rakesh Yadav, Aditya Nayak and Rahul Raj started the journey with a vision to make the company as one of the most trusted and well-known cryptocurrency trading portals.
Along with Ripple, Ethereum, Bitcoin Cash and Litecoin, the company offers Bitcoin as one of the main variants for doing the trade. The portal of Koinex charges a flat fee of 0.2 to 0.25% as a means of the transaction fee.
The average registration time taken by the portal is around four to five hours. The portal is quite smooth to work on with easy bank withdrawal. Recently they have started to trade cryptocurrency against cryptocurrency. There is quite a decent review with regards to the customer care provided by Koinex on a whole.
7. Changelly
Chengelly has gained much popularity in India as one of the finest cryptocurrency trading platforms. Founded in the year 2013, this Czech-base company offers much more in relation to trading and today it is backed by more than 300,000 customers forming a solid base for the company to flourish.
The company uses only USD and EUR as a fiat currency for trading cryptos and other than BTC (Bitcoin), the company offers different variants of coins starting from XMR, DASH, BAT, BCN, ETH, and others.
You can either use your credit card or debit card to deposit in the portal. The portal charges 5% for each transaction and 1 to 7.1% as deposit fees. The withdrawal fees also remain the same as that of deposit fees.
Changelly being available worldwide, it accepts payments in more than 35 cryptocurrencies for the convenience of its customers. The design of the website is quite brilliant. The company does receive a good review in terms of customer support and security availability of the cryptocurrency funds.
8. LocalBitcoins
Started in Finland in the year 2012, today it is the best alternative way to trade Bitcoins. In India too it has got a good customer base. Getting registered into LocalBitcoins is quite easy and fast. You can do cash deposits also in order to purchase Bitcoins from the portal. It has got good review regarding its privacy and security system from its users around the globe with a low fee structure.
They offer a wide range of payment methods that include cash on delivery, cash via mail, PayPal, Webmoney, Western Union and Wire exchange for its customers. This P2P Bitcoin exchange helps buyers and sellers to agree on trade terms in order to do the transaction through its portal.
Here the company acts as a custodian between the two. There are no buying or selling limits as such. Overall, this platform is considered to be one of the oldest Bitcoin exchange sites and is trustworthy for any sort of transactions.
Conclusion
These are some of the best cryptocurrency portals in India that do deal in Bitcoins and are the most promising one that will grow in the future with more happy customers.