In this blog we will have overview of top 10 exchanges to buy cryptocurrency. With the boom in cryptocurrencies world wide, there was a boom in cryptocurrency exchanges as well. The exponential rise in the crypto exchanges has given the traders and investors immense value in terms of the competing market trends. Some exchanges have lured the High net income investors and attaracted investment from investors. Some are playing in the niche but retaining a sustainable user growth.
Table of Contents
Top 10 Exchanges to Buy Cryptocurrency:
Binance: Known as the Worlds Top Notch Crypto exchange.
It will be really hard if we didnt mention Binance in this list. Yes, its the worlds top notch crypto exchange which was started in the year 2017 by Changpeng Zhao. Binance is also known for the ecosystem that it has made for crypocurrency and blockchain. For example it has got Binance Labs which takes care of exclusively investing in web3 projects. It has got Binance NFT which includes the user to help in investing in NFT. A sister company of Binance is Binance Charity, which is dedicated to building technology which help in building web3
CoinDCX: Best for Advanced Crypto Traders
CoinDCX Being founded in 2018, by Sumit Gupta and Neeraj Khandelwal, this cryptoexchange has gained momentum in solving numerous challenges in the Indian crypto market. The value system of this crypto exchange has been “Simple, Safe and Compliant”. The founders a alumni of IIT-Bombay. The exchange is backed by investors like Coinbase, BainCapital , Polychain and Bitmex.
Kucoin: 1 Out of 4 Crypto Holders Worldwide Is with KuCoin
The founders Michael and Eric were the first amongs the others crypto geeks who joined the Bitcoin race in initial phase. As the crypto getting hype and blockchain tchnology gets popular, they decided to work upon the idea “Kucoin“. They created Kucoin very user friendly so that even a newbie can understand it easily and start investing in crypto market.
CoinSwitch: Known for Beginner Users Trust
CoinSwitch crypto exchange vouches on its 19 million user base. It was founded by Ashish Singhal, Vimal Sagar Tiwari, Govind Soni in 2017. It is backed by venture capitalist like
including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital India, Ribbit Capital, Paradigm, and Coinbase Ventures.
WazirX: Known for Novice and Intermediate Crypto Traders
This start up being found in the same year as CoinDCX has positions itself uniquely. “Wazir” literally translates as the one who protects the kingdom. Since the advent and boom of blockchain space there has been much chaos around the crypto exchange. This exchange has be en able to set the battle ground of coin exchanges that it has positioned itself for Novice to intermidiate crypto traders. It has its own cryptocurrency WRX.
ZebPay: Known for Intraday Trading and Crypto Lending
ZebPay is one of the best Intraday trading platform. In the growing economy like India, this crypto exchange has positioned it self to be a better preforming exchange in Intraday Trading and Lending. Being founded in 2014, it currently helps 5 million users with $10 million fiat transactions.
BITmarkets: Known for Spot and Future Trading
The unique selling point for BIT Markets is the user can deposit fiat currency in INR by any payment card or bank transfer. They do not charge on deposit currency. They also support more than 100 cryptocurrencies. The mobile UI of the app is quite user friendly and helps in swaying away the transactions faster.
Kraken : Known for Advanced Crypto Traders
KraKen is originally a US based exchange so not much of trading happens by Indian subcontinent traders. However, the presence of this exchange is in 190 plus countries making it bigger in terms of volume of trade. It currently deals with 200 plus crypto currency. This platform also offers a pro version of it which helps the highly experienced traders to navigate the purchase -sell decision very effectively.
Bitbns: Known for Advanced Trading Features
Bitbns is another startup grown by graduates of IIT. Gaurav Dahake has been playing instrumental role as a founder since the . This crypto exchange vouches being able to work with 400 cryptocurrencies. Another feature that this exchange gives is able to work with metaverse tokens. It also offers the users to do Systematic Investment Plan ( SIP ) in bitcoin.
UnoCoin: Known for New-Age and Millennial Users
Being a financial product for New age or rather millennial users, UNOCOIN exchange offers Bitcoin share to the new users who sign up on the platform. Currently supporting 80+ currencies,
It has got currently 20 lakh + registered users. The exchange facilitates their users to make payment to various services like DTH, mobile recharge via bitcoin.
BuyUCoin: Known for Earning Reward Points
Having a great user interface, BuyUCoin exchange enjoys the rich user base of 10 lakh+ customers.
The requirement to do investment is as low as INR 20. And that is why this is also getting famous amongst the rich teenagers. 130+ crypto currency is currently being hosted by this platform. This exchange also helps with creating a demo account in order to make the users make more informed decision while starting the journey of investment with this exchange. This exchange also provides “Blogs”, “Tutorials” on its website so that it educates the users by keeping them in touch.
Disclaimer: Surely there are various platforms available for user to invest in crypto, but we recommend to do your own research before making your move as Crypto field is very volatile and you can see so much happening everyday.
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