Trading in cryptocurrencies represents a brand-new frontier in finance, and the possibilities that may be found there are almost limitless. On the other hand, having the appropriate resources at your disposal is an essential must if you want to make the most of this new environment.
The process of purchasing and selling cryptocurrencies and exchanging them for fiat currency is now more convenient than ever, thanks to smartphone applications. Considering this, we will list some of the best crypto trading apps!
1. WazirX
WazirX is one of the best crypto trading apps. WazirX gives users a platform from which they can trade, manage, monitor, and analyze digital assets. WazirX is undeniably one of the most popular cryptocurrency trading applications in India, as shown by the fact that it has more than 12 million active users.
Trading bitcoins is made easier because of the provision of both a platform and a toolkit by this service. The platform may be downloaded for free and comes packaged with a variety of tools that can assist you in managing your portfolio and transactions, doing research, and automating trading.
The tools are designed to make it simple for anybody to begin trading cryptocurrencies, and they also give the information, tools, and coaching necessary to assist you in developing into a more successful trader. Users of the platform get access to a streamlined trading interface as well as instructional content about cryptocurrency trading.
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2. CoinSwitch Kuber
One of the most reliable places to trade cryptocurrencies is the CoinSwitch Kuber platform. Since its launch in 2017, it has provided services to millions of different merchants. It is supported by Sequoia Capital, and its mission is to simplify cryptocurrency trading for everyday people.
As a result of its partnerships with a number of the most important cryptocurrency exchanges, it is widely regarded as one of the most effective aggregators of cryptocurrency trading opportunities. CoinSwitch Kuber has successfully handled transaction volumes of more than $5 billion in cryptocurrency.
According to their mission statement, their goal is to “disrupt the status quo” and provide every guy the opportunity to make money even if he does not have a college degree or come from a family with a lot of money. Its Know Your Customer (KYC) rules, which are mandated, give an extra degree of protection to the transactions you do.
3. ZebPay
ZebPay is another cryptocurrency trading platform that was introduced in India in 2014. Since the company’s inception, it claims that it has successfully handled transaction volumes totaling more than ten billion dollars. After its debut in India in May 2020, the team demonstrated a dedication to making cryptocurrencies accessible to the general public by serving more than 5 million users.
ZebPay places a strong emphasis on safety, as shown by the fact that 98% of all tokens registered with the platform are kept in offline or hardware wallets rather than on internet servers. Together, these strong internal controls make certain that user assets are protected no matter what may come to pass.
4. CoinDCX
CoinDCX began operations in 2018, and in a very short period of time, it has grown to become one of the most well-known cryptocurrency trading platforms in India. One of the best options for trading cryptocurrencies, considering that it has more than 10 million members in India.
CoinDCX asserts that it conducts consistent audits to enhance the effectiveness of its current security systems, hence providing the highest possible levels of security. It provides a graduated scale for calculating gas costs, with the lowest rate at level 1 is 0.020 percent and the highest rate at level 10 being 0.2 percent.
5. CryptoBiz Exchange
The CryptoBiz Exchange is a cutting-edge, risk-free, and lightning-fast trading platform that enables the buying, selling, and trading of virtual assets using fiat money as well as other digital assets. The platform is currently leading the chart for developing Crypto platforms.
The app has received a rating of 4.3 stars on the Google Play Store despite only having been available for a short period of time since its release, placing it in first place among all of the choices included in this list. The Estonian capital serves as the location of the company’s financial headquarters.
In addition to providing cutting-edge, modern trading and investment alternatives, CryptoBiz and Rahul Rathod, the company’s creator, are also at the forefront of advocating for the industry’s legal and ethical rights.
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6. BuyUCoin
BuyUcoin is the brainchild of three Indian entrepreneurs and has been in business since 2016. You are able to trade Bitcoin and other cryptocurrencies by using BuyUcoin. They also provide wallet services, which let you store or keep your bitcoins on their platform. They are widely considered to be one of the most trustworthy crypto exchanges for trading cryptocurrencies in India.
BuyUcoin prevents users from accessing the data by encrypting their passwords using the Salting technique. This keeps users from being able to see the data. They store non-volatile cold storage for ninety-five percent of their total assets. They provide a mobile app in addition to their two-factor authentication service.