Top 3 Crypto Exchanges in India

in #bitcoin7 years ago

Reading Time: 1 minute
Crypto Exchanges in India (My Top Picks)

  1. BuyUcoin https://www.buyucoin.com/referral?referral=buyucoin16945345

  2. Koinex https://koinex.in/?ref=8d7806

  3. Coindelta https://coindelta.com

Short Summary :
Crypto exchanges in India are only a few. Here are my top picks for you guys. Trust me, go for Coin Delta you won’t regret it, its one of the best exchanges I have ever been into. Watch the video and read below for details.

Detailed Explanation:

  1. BuyUCoin

Pros:

Lots of altcoins
Nothing else I found better on this website.

Cons:

Overpriced.
Not trustworthy.
Market leaders yet don’t value customers.
Limit to buy/sell.
Higher Fees.

Nothing Much to say, just don’t trade with them.

Main competition :
Coin Delta and Koinex.
Security
Coindelta also uses Google authenticator, session hijack prevention when IP gets changed as extra security measures to prevent any hacker to hack accounts of users.

Even Koinex is safe but their website is not yet stable.

AltCoins :
Coindelta: Bitcoin, Ethereum, Litecoin, OmiseGo, Qtum, Ripple and Bitcoin Cash.

Koinex: Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Trading Fees:
Coindelta uses maker/taker(maker 0% and taker 0.3%) concept while Koinex uses buyer/seller (buyer 0.25% and seller 0.20% ) Concept.

Deposits and Withdrawal fees :
Koinex has zero deposit and withdrawal fee, while Coindelta has a fee of Rs. 20

KYC :
Coin Delta processed KYC within hours and Koinex takes 24 to 48 hours to process KYC.

New registrations are paused on Koinex and that’s not good for new traders.

The trading fee is also minimal which is lesser than many international exchanges and minimum in India. It also has a 24*7 support system, allowing for depositing INR(through IMPS) even during night hours throughout the week.

Verdict: Use CoinDelta as of now or suggest me others if I missed.