In India during the past few years, cryptocurrencies have skyrocketed in popularity. A reliable and legitimate cryptocurrency exchange is more important than ever as the industry continues to grow. Choosing the finest cryptocurrency exchange in India that is ideal for you might be challenging with so many new Crypto firms debuting on a regular basis. We have therefore put together a list of the Top 5 crypto exchanges for 2023 for your convenience. Please have a look!

To help you choose the best cryptocurrency exchange, read the following section before we look at the list of exchanges in India.

Considerations to Make the Best Crypto Exchange Selection

Each exchange's selection of trading pairs includes: Using the extensive selection of trading pairs allows you to diversify your portfolios and benefit from more trading chances.

Charges levied by each exchange: The fees that each exchange charges are inclusive of service fees and transaction fees. Eventually, traders can save a lot of money by paying low fees.

Security measures: This component consists of the Crypto exchange's usage of multi-factor authentication, cold storage of money, and encryption techniques.

An intuitive user interface may make utilising the platform and placing trades quick, efficient, and simple.

Let's now look at the leading cryptocurrency exchanges in India as of 2023.

India's Top 5 Cryptocurrency Exchanges

WazirX

Launched in 2017, WazirX is a well-known cryptocurrency exchange platform in India. Users of the exchange can buy, sell, and trade a variety of digital assets, such as Bitcoin, Ethereum, Litecoin, Ripple, and others. One of WazirX's standout features is its capacity to provide peer-to-peer (P2P) exchanges, allowing users to trade cryptocurrencies directly with one another. Additionally, WazirX created the WRX token, which can be used to pay for platform trading expenses and offers discounts to token holders. WazirX is a well-liked option for bitcoin dealers in India thanks to its user-friendly interface and quick transaction processing.

KoinBX

KoinBX, the leading crypto exchange app in India, has recently announced the listing of REGENT (RXT) opening up new opportunities for crypto enthusiasts and investors. With its simple and user-friendly infrastructure, the exchange gained popularity among young traders and evolved as an easy-to-use platform for millennials looking forward to its seamless trading experience. Furthermore, its consistent ascent in the CoinMarketCap ranking list speaks volumes, while its impressive array of features and robust security measures to protect user funds have garnered widespread acclaim among users.

CoinDCX

Launched in 2018, CoinDCX is a well-known cryptocurrency exchange where users may trade more than a hundred different cryptocurrencies. The company is also the first unicorn cryptocurrency in India. The platform provides features for both spot and margin trading, including a staking programme, an intuitive mobile interface, and trading APIs. The exchange is a popular option for seasoned cryptocurrency traders in India because of its cutting-edge trading tools and charts.

Zebpay

Zebpay, an established cryptocurrency exchange in India that was founded in 2014 and supports more than 100 coins, with approximately 50 lac registered users. Investors in cryptocurrencies love Zebpay because it gives them a fair return on their dormant assets. Additionally, it offers a fixed return of 4% for Crypto loans.

Unocoin

Unocoin, one of the first cryptocurrency exchanges in India to be established, allows users to buy, sell, and trade more than 80 different cryptocurrencies. The exchange is renowned for having the biggest BTC-INR trading platform in India. Users that sign up on the platform receive free Bitcoins and are qualified to receive 15% back in trading commissions.

Last thoughts

With the most users and the highest trading volume, KoinBX is without a doubt India's best crypto exchange. Stop waiting and begin your cryptocurrency journey with WazirX for a seamless cryptocurrency trading experience.