Cryptocurrency is still taking babysteps in the country with the digital currency being far from established. There has been a constant rise in the cryptocurrency traders especially at the time of the novel coronavirus pandemic which has left a lot of business disrupted. The Supreme Court lifted the ban on cryptocurrency in India in March 2020, there have been talks about using it as commodity, but is future still remains uncertain. However, in the recent past there have been some crypto platforms which be used for trading and exchange
Platforms for crypto trade/exchange in India
CoinDcx Is one of the largest cryptocurrency exchange in India. The platform offers speedy conversions for fiat currency to cryptocurrencies. One of the main benefits for the platform is that it has no processing fees. It also has leading security measures and protocol to ensure the data remains safe.
WazirX is an idol platform for cryptocurrency exchange in India. It has also launched the WRX a utility token backed by WazirX, forms the backbone of WazirX ecosystem. Just like Bitcoin and other cryptocurrencies, WRX is a token created by WazirX. There will be a maximum of 1 Billion WRX coins ever created.
Unocoin is India’s most popular Bitcoin and CryptoAssets company since 2013 with 13 Lakh Indian customers. Instant INR deposits & withdrawals supporting 30+ coins and tokens
The organisation aims to build the most liquid and trusted global cryptocurrency derivatives exchange that can ably serve both retail and institutional traders.
Bitbns empowers people around the globe to trade bitcoin and altcurrencies in the easiest and fastest way.