Best App For Crypto Investing

Best App For Crypto Investing – Cryptocurrencies seem to be on everyone’s lips these days. A surge in the price of digital assets and an announcement from a Bollywood superstar tells you that crypto is the future. But how to enter and start investing in cryptocurrencies for quick profits? The answer is cryptocurrency exchange apps. These applications play a key role in the valuation of the entire crypto ecosystem. They can be used to check the prices of different cryptocurrencies, buy and sell altcoins and manage your account. Before we get to the list of best online cryptocurrency exchange apps to try in India (their features and fees), here’s what crypto exchange apps do.

Also Read: Bitcoin Explained: How to Buy Bitcoins in India, How to Transfer, Sell & Other Questions Answered

Best App For Crypto Investing

For the uninitiated, cryptocurrency exchange apps help you quickly access various cryptocurrencies on the market and allow you to trade (buy and sell) anywhere. You should not spend crypto using laptops. Instead, these apps facilitate the desire to trade crypto and enter the world of decentralized digital currency networks. The entire process is simplified so anyone can sign up, and the mobile app interface allows for quick learning. Crypto exchange mobile apps are available on Google Play Store and Apple App Store, which work on Android and iOS phones respectively.

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It is worth noting that the legality of cryptocurrencies in India is still up in the air. It has not yet been declared legal tender in the country. However, regulators have finally cleared the way for companies to start their own businesses, which has led to the emergence of many cryptocurrency exchange apps in recent years that allow you to invest in cryptos like Bitcoin, Ethereum, Dogecoin and more instead of using your smartphone. that for large and heavy machines such as laptops. Here are some of the best cryptocurrency exchange apps in India:

You may have heard this name quite often on social media lately, which suggests that it is quite popular among people. This crypto exchange app allows you to invest using INR, USD, BTC and even P2P. In fact, WazirX has its own coin called WRX, which can be bought with INR. You can then use WRX to invest in other cryptos. One of the popular features of WazirX is that you can earn coins through various contests available in the information section of the app. Users can protect their account with 2FA or an app password that can be enabled from the phone’s settings.

WazirX has a share of 0.2 percent from receiver and manufacturer. You can deposit any amount above Rs 100 in WazirX wallet through NEFT, RTGS, IMPS and UPI. For the first three, the transaction fee is Rs 5.9, and UPI transactions are free of any charges.

Then you have Unocoin, known for its simple user interface and support for many cryptocurrencies. While registering on the app, the user needs to create an account and ensure that they complete all the KYC (Know Your Customer) details. The app also has a sales calendar feature that allows you to sell automatically from your profile card. Unocoin users are charged 0.7 percent to buy and sell their assets, which is higher than WazirX commands. This price is valid for 60 days with minimum usage. After that, the app charges 0.5 percent and also upgrades you to Gold membership.

Australian Crypto Exchange

The Unocoin deposit accepts a minimum of Rs 1,000, which is higher than what WazirX offers. But if you deposit money using NEFT, RTGS, IMPS or UPI, users will not be charged. This means that using the MobiKwik wallet will incur a transaction fee of 2 percent, and in the case of debit or credit cards, the fee prescribed by the banks will also have to be paid. Unocoin also offers biometric security features through fingerprint identification and password. But suppose you enter a wrong code along with your biometric project, the app will log you out.

CoinDCX is recognized as the most versatile cryptocurrency trading application in the country. It allows you to buy or sell more than 200 trading coins. Also, the entire setup process is simplified by using a one-time password (OTP) on your registered phone number and email ID.

If you go to the Settings tab of the app, you can learn a lot about investing in cryptocurrencies and how they work in the virtual world. CoinDCX charges a fee of 0.1 percent from the originator and recipient, with a minimum withdrawal of Rs 1,000 without charging a fee. This cryptocurrency exchange app only supports INR so you can trade crypto. You can fund your account using NEFT, IMPS, RTGS, UPI or even a simple bank transfer.

CoinDCX has plenty of security measures in place, which is a good thing. First, users must be authenticated using the Google Authenticator app. Because without it you cannot start trading in the app. You will also need to set a withdrawal password, which will need to be confirmed each time you withdraw.

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Another cryptocurrency exchange app you might be familiar with is Zebpay. It is one of the oldest crypto trading apps in the market. It allows you to register and get complete KYC details to start trading through your mobile number. The platform has referral and earning functionality. So if you manage to sell the idea of ​​crypto trading through Zebpay to others and they sign up, you will receive 50 percent of your affiliate trading fees for one year. The minimum deposit amount using UPI is Rs 100 and Rs 1000 for other payment methods.

Zebpay charges in all districts. Its membership fee is 0.0001 BTC per month. The app says you can avoid fees by actively investing. Zebpay also has a producer fee of 0.15 percent and a receiver fee of 0.25 percent. But let’s say if your trade (buy and sell) is executed on the same day, you will only be charged a 0.10 percent trading fee. Zebpay offers free deposits for all cryptos. But if you deposit using UPI, the fee is Rs 15, while internet banking charges 1.77 percent. The platform also charges a fee of Rs 10 for all withdrawals and for Bitcoin it is 0.0006 BTC.

CoinSwitch Kuber was a constant promotional feature in the last IPL. This platform is funded by well-known investors and venture capital firms like Sequoia and others. It lets you trade over 100 cryptos and promises the best trading rates on the market. Use your mobile number to create a trading account in the app. But of course you cannot start trading before completing the KYC process.

You get a four-digit PIN option to protect your account in the app. CoinSwitch Kuber says the first 100,000 users of the platform will not have to pay trading fees for 100 days. Simple user interface and aggressive marketing drove people to CoinSwitch Kuber. The best crypto exchange app offers INR deposits via NEFT, bank transfer and UPI. However, the platform does not share information about its security measures to keep cryptocurrencies safe. The overall service mechanism needs to be improved and the details of the trade are not detailed.

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Bitbns is another cryptocurrency trading app. Available for download on both Android and iPhone smartphones, the app allows you to buy and sell altcoins without the intervention of a third-party panel. The app lists over 100 cryptocurrencies, from the popular Bitcoin and Ethereum to the relatively new Shiba Inu. In addition to partnering with global cryptocurrency exchange OKEx, Bitbns offers trading ease unlike any other cryptocurrency exchange.

By selecting Bitbns through the OKEx buy/sell tool, Indian traders can buy USDT, LINK, AAVE, MATIC and USDC with Rupees via bank transfer, IMPS and UPI. The company also aims to provide Indian traders with access to a fiat gateway, several newer trading pairs, priority access to new coins/tokens and high performance products through partnerships.

It’s probably not as popular as other cryptocurrency exchange apps, but Krypto is trusted in over 160 countries. The platform offers an easy-to-use interface and flexibility. In addition, Krypto has zero trading fees, fast joining process, free and instant deposits and withdrawals, 24/7 customer support and gift cards. The app is registered with the Blockchain and Crypto Assets Council of India.

Crypto allows users to send or pay cryptocurrency at any store in India. It supports more than 100 cryptos and popular payment methods like UPI and bank transfer.

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It allows you to trade in different currencies, more than 100 cryptocurrencies that can be bought, only 0.2 percent commission on each transaction.

One of the oldest crypto exchange apps in India has organized a sale