Tag Archives: #Cryptocurrency

The Best Bitcoin Trading Apps in India for 2024

The cryptocurrency landscape in India is vibrant and continuously evolving. With the rise of Bitcoin and other digital currencies, traders are on the lookout for reliable and efficient trading apps.

Here, we explore some of the Best Bitcoin trading apps in India

1. Mudrex

Mudrex - your gateway to the Best Bitcoin Trading Apps! Explore, trade, and optimize your strategies effortlessly.
Revolutionize your trading experience with Mudrex! Dive into the crypto world with the best Bitcoin trading apps at your fingertips.

 

Mudrex is a cryptocurrency investment platform that simplifies the process of investing in digital assets. It offers a range of services tailored to both novice and experienced traders, aiming to make crypto investment accessible and less risky.

Account Opening Charges

Opening an account with Mudrex is free of charge. There are no fees associated with creating a new account, which allows users to start investing without any upfront costs.

Brokerage Charges

Mudrex maintains a transparent fee structure for its services. The platform charges a 0.25% fee for investing in coins. However, investing in Coin Sets is currently free of charge.

Withdrawal Features

Withdrawing funds from Mudrex is designed to be a straightforward process. Users can withdraw to their bank account or crypto wallet. Bank transfers are processed within 1-2 business days, while crypto withdrawals are typically completed within a few hours.

Offers

Mudrex collaborates with various partners to provide exciting offers. For instance, they had a promotional offer with Flipkart, where new users could receive a bonus for investing in Bitcoin through Mudrex and holding it for a specified period.

Additional Features

  • Coin Sets: Expert-curated crypto baskets that are regularly rebalanced.
  • Vault: An opportunity to earn up to 10% on deposited funds with daily interest credit and no lock-in period.
  • Security: Mudrex is a registered entity with robust security measures, including bank-grade encryption and multi-layered authentication.
  • Insurance: User funds are insured, providing an additional layer of protection.

2. CoinDCX

Experience seamless trading with CoinDCX - your gateway to the Best Bitcoin Trading Apps! Explore, trade, and optimize your strategies effortlessly.
CoinDCX! Explore the best Bitcoin trading apps and take your portfolio to new heights.

CoinDCX is a leading cryptocurrency exchange in India, offering a platform for trading a variety of digital assets. It is known for its seamless user experience and a wide range of features that cater to both beginners and experienced traders.

Account Opening Charges

CoinDCX does not charge any fees for opening an account. Users can start trading by simply completing the KYC process without worrying about any initial costs.

Brokerage Charges

The platform has a dynamic fee structure for trading. The trading fees on CoinDCX are 0.1% for both makers and takers, which can vary based on the user’s 30-day trading volume. The more you trade, the lower the fees can be.

Withdrawal Features

CoinDCX allows users to withdraw cryptocurrencies confidently, adhering to regulatory frameworks for a secure transaction process. The withdrawal process is straightforward and can be done via the app, ensuring compliance and security.

Offers

CoinDCX provides various offers such as:

  • Free Bitcoin worth Rs. 100 for new users.
  • 20% off on purchases with specific promo codes.
  • Signup bonuses and rewards for new accounts.
  • Special deals for linking bank accounts and investing in cryptocurrencies.

For more detailed information on the latest offers, users can visit the CoinDCX website or app.

Additional Features

  • Over 500 currency pairs for trading.
  • Advanced security features to protect user assets.
  • Educational resources for new traders.
  • Features like margin trading and futures contracts for advanced trading options

3. CoinSwitch

CoinSwitch, launched in 2017, is India’s largest crypto app, designed to simplify the process of buying, selling, and trading Bitcoin and altcoins. With over 2 Crore+ users, it’s backed by leading investors like a16z, Tiger Global, and Sequoia Capital India. CoinSwitch is celebrated for its user-friendly platform and robust trading features, including advanced charting capabilities provided by TradingView.

Account Opening Charges

CoinSwitch does not charge any fees for opening an account. Users can start trading immediately after completing the KYC process without any initial costs. However, from the second year, an account maintenance charge (AMC) of ₹250 + 18% GST is applicable.

Brokerage Charges

CoinSwitch offers a competitive fee structure for trading. While there are no deposit and withdrawal fees, the platform charges a transaction fee ranging from 0% to 0.5%. Additionally, during the first 100 days after registration, traders enjoy zero trading fees.

Withdrawal Features

Withdrawals on CoinSwitch are straightforward, with users able to transfer funds to the bank account linked to their CoinSwitch account. The platform supports withdrawals ranging from INR 100 to INR 2,00,000 per day without any withdrawal fees. The process is designed to be quick and user-friendly, ensuring funds reflect in the user’s bank account promptly.

Offers

CoinSwitch provides various offers to its users, such as:

  • New User Offer: Get free Bitcoin worth Rs 100.
  • Zero Brokerage: Buy & sell cryptocurrencies at the best market rates with zero fees.
  • KYC Offer: Complete KYC in under 5 minutes.
  • No Lock-in Period: Instant withdrawal with no lock-in period.

Additional Features

  • Over 300 cryptocurrencies available for exchange.
  • Access to major trading exchanges from a single account.
  • Educational resources for new investors.
  • Advanced security features, including cold wallet storage and mandatory KYC

4. WazirX

WazirX is India’s most trusted cryptocurrency exchange, offering an advanced trading interface for buying, selling, and trading a wide array of digital assets. It features a live open order book system that allows trading of assets like Bitcoin, Ethereum, Litecoin, and many others.

Account Opening Charges

Creating an account with WazirX is free, with no charges for account setup. Users can begin trading immediately after completing the KYC process.

Brokerage Charges

WazirX charges a flat fee of 0.20% for both makers and takers, which is competitive within the industry. Using WRX to pay fees can reduce the charge to 0.10%.

Withdrawal Features

WazirX facilitates a smooth withdrawal process, allowing users to transfer funds to their linked bank accounts. Instant withdrawals incur a fee of 25 INR, while NEFT withdrawals cost 15 INR per transaction. The platform supports withdrawals up to 1 Lakh INR per day with a minimum limit of 500 INR per transaction.

Offers

WazirX provides various promotional offers, including:

  • 20% discount on select items for members.
  • A referral program where users can earn a 50% commission on every trade made by referrals.
  • Special deals for new users, such as free Bitcoin on sign-up

5. ZebPay

ZebPay is India’s oldest and most widely-used Bitcoin and crypto-asset exchange, with a presence in over 163 countries. Founded in 2014, ZebPay has made Bitcoin accessible to Indians with an easy-to-use app on a highly secure exchange.

Account Opening Charges

ZebPay offers free account opening with no charges for setting up a new account. Users can start trading immediately after completing the KYC process.

Brokerage Charges

ZebPay has a competitive fee structure, charging 0.10% for intraday crypto trading. For USDT-INR and Crypto-Crypto pairs, the trading fees are a flat 0.10% for Maker, Taker, and Intraday transactions.

Withdrawal Features

Withdrawals on ZebPay can be made to the registered bank account without any fees. The platform offers whitelisted and non-whitelisted withdrawal limits, providing flexibility and security for high-volume traders.

Offers

ZebPay runs various promotions and offers, such as:

  • Saturday Special Offer: Trade in your favorite crypto on Quick Trade for a chance to win a ₹1000 Amazon voucher.
  • Referral programs where users can earn bitcoins for referring new users

6. Bitbns

Bitbns is a prominent cryptocurrency exchange based in India, offering a platform for trading a vast array of digital assets. Established in late 2017 by a team of IIT graduates, Bitbns has quickly risen to become a preferred choice for crypto traders in India, known for its user-friendly interface and a wide range of features.

Account Opening Charges

Opening an account with Bitbns is free of charge. There are no fees associated with creating a new account, which allows users to start trading without any upfront costs.

Brokerage Charges

Bitbns offers a competitive fee structure for trading. The platform charges a 0.25% fee for trading, with the option to reduce this fee by achieving higher VIP levels based on trading volume and BNS Token holdings. For example, at the highest VIP level, the fee can be as low as 0.03%.

Withdrawal Features

Bitbns provides express INR withdrawals, allowing users to receive funds within a few minutes in their account. The feature is initially available for a limited group of users, with plans to scale it up for all. Withdrawals can be made to the bank account mentioned during registration.

Offers

Bitbns runs various offers, including:

  • Flash sales where users can get free Bitcoin.
  • Bracket orders with stop limit features to minimize risk.
  • Automated buy and sell features for convenient trading.
  • 4X margin trading and lending at lower fees

7. Binance

Empower your crypto journey with Binance - your portal to the Best Bitcoin Trading Apps
Explore the best Bitcoin trading apps and unlock endless possibilities in the world of digital assets.

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.

Account Opening Charges

Binance does not charge any fees for crypto deposits. For fiat deposits, users should refer to the Deposit & Withdrawal Fees page on the Binance website.

Brokerage Charges

Binance charges a standard fee of 0.1% on trades. If you pay for trading fees with BNB, Binance’s native cryptocurrency, you can enjoy a 25% discount on the trading fee.

Withdrawal Features

Withdrawal fees on Binance are dynamic and automatically adjusted based on the status of the blockchain network. For the latest withdrawal fees, users should refer to the Deposit & Withdrawal Fees page on the Binance website. Binance offers multiple withdrawal options in India, including bank transfers, UPI, and payment gateways.

Offers

Binance runs various promotional offers such as:

  • Sign-up bonuses and rewards for new accounts.
  • Referral programs where users can earn a commission on trades made by referrals.
  • Limited time offers on products like Simple Earn, DeFi Staking, Liquid Swap, Dual Investment, and more

Disclaimer: 

The information provided in this blog is for educational and informational purposes only. It is not intended as financial advice. Cryptocurrency investments are subject to market risks, including the loss of principal. The apps mentioned are based on publicly available information and personal opinions. Before making any investment decisions, please conduct your own research and consult with a financial advisor. The author or platform does not endorse any specific cryptocurrency trading app. All investments involve risks, including the potential loss of money invested, and past performance does not guarantee future results.