In India, the best cryptocurrency apps are: Cryptocurrency investments are growing, and India may be on the verge of setting new all-time highs. While several hazards are involved, and the RBI opposes cryptocurrencies, investors are nevertheless interested because of the tremendous profit potential. App stores have flooded with cryptocurrency exchange apps as a result of this. Using your smartphone, you may invest in cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, and others. In truth, you don’t need a computer or a laptop to begin investing in cryptocurrencies. Cryptocurrency exchange applications give you easy access to various cryptos on the market and allow you to trade (buy and sell) them while you’re on the go. Here are a few of India’s most excellent cryptocurrency apps.
Best cryptocurrency apps in India
WazirX app is one of the Best cryptocurrency apps in India
WazirX is one of India’s most widely used cryptocurrency apps. It is a popular choice among social media users. You may invest in the crypto exchange app using INR, USD, BTC, and even P2P. It also has its own coin, WRX, which can be purchased using INR. Other cryptocurrencies, such as Bitcoin, Ethereum, and others, can also be bought with WRX.
WazirX also allows you to earn coins by participating in various contests in the app’s information area. It also protects users’ accounts with two-factor authentication (two-factor authentication) or an app passcode. It can be set up from the phone’s settings. WazriX, for example, charges a 0.2 percent fee to both the taker and the maker. You can also use NEFT, RTGS, IMPS, and UPI to deposit any amount greater than 100 in the WazirX wallet. It’s also worth noting that the first three have a transaction fee of $5.9. UPI transactions, on the other hand, are free of charge.
CoinSwitch Kuber app
With its advertisements, CoinSwitch Kuber received a lot of attention during the IPL. This platform has attracted money from well-known investors and venture capital organisations such as Sequoia Capital and others. It allows you to trade in up to 100 different cryptos and claims to have the highest trading rates in the industry. You must use your cellphone number to open a crypto trading account. However, you will be unable to trade until the KYC procedure has been completed.
According to CoinSwitch Kuber, the first 100,000 users on the site would not be charged a trading fee for the first 100 days. It has a straightforward user interface. People are flocking to CoinSwitch Kuber because of the aggressive promotion. You may deposit INR via NEFT, bank transfer, and UPI on one of the finest crypto exchange apps. However, we are unaware of the security procedures in place to keep crypto-assets safe.
Unocoin is another excellent cryptocurrency trade app. It has a straightforward user interface and supports a wide range of coins. You must create an account and ensure that all KYC (Know Your Customer) requirements are met. You may also utilise the profile tab’s schedule sale feature to automatically sell items. However, when purchasing and selling their assets, you will be charged a fee of 0.7 percent, which is higher than what WazirX charges. This rate is valid for a minimum of 60 days of usage. After which Unocoin levies a 0.5 percent fee and promotes you to Gold membership.
If you utilise Unocoin, you must deposit a minimum of $1,000, more significant than WazirX’s minimum. Users are not charged any fees while depositing money using NEFT, RTGS, IMPS, or UPI. Transaction fees of 2% will be charged if you use the MobiKwik wallet. Furthermore, users using debit or credit cards must pay the price set by the banks. Biometric security measures such as finger ID and passcode are also available on Unocoin.