The most important reason for the rise of cryptocurrency in India is its availability. Just as in the stock market, transactions with mobile apps are done in a matter of seconds, so in cryptocurrency, trading is done easily through apps. As a result, the youth are also attracted to these investment tools. There are many popular cryptocurrency apps globally. But below are 10 cryptocurrencies that are preferred by Indian crypto traders or investors.
1. WazirX
WazirX ranks among the fastest growing apps in India. In this, users can trade in various cryptocurrencies like Bitcoin, Ethereum, Ripple etc. The reliability of this application is high in terms of security. Also, transactions in this app are done at a fast pace.
2. Crypto
The ‘Crypto’ cryptocurrency app is popular not only in India but in more than 150 countries. Even in this app, transactions are done fast. The interface is also very easy to use. This app is another option for Indian crypto after WazirX.
3. Coinswitch Kuber
Coinswitch Kuber’s goal is clear – to bring democracy to cryptocurrency investment. Coinswich Kuber also has a presence in more than 150 countries. Hundreds of cryptocurrencies can be easily traded on this exchange. Coinswitch Kuber is very popular among the youth.
4. Unocoin
Unocoin claims to be India’s first crypto asset and blockchain company. The Unocoin application is used by millions of users today. In addition to Bitcoin and Ethereum, hundreds of cryptocurrencies can be bought and sold on this platform. Unocoin is also used by significant investors in India.
5. CoinDCX
CoinDCX has emerged as the most versatile trading cryptocurrency application in India. CoinDCX’s security feature is the most popular. This application can be traded only after the user has to verify himself.
6. ZebPay
ZebPay is also a very old cryptocurrency exchange in India. ZebPay has been operating locally in the field since the time when people in India did not even know much about cryptocurrency. One of the features of ZebPay is that KYC and signing up is a bit easier than other applications. If ZebPay is recommended to another user and that user also opens an account in ZebPay, then ZebPay gives incentives to the person who has recommended it. For this, ZebPay has ‘Refer and Earn’ feature.
7. Bitcoin
Users can also buy, sell and store digital assets such as Bitcoin, Polkadot, Ethereum and Ripple in the Bitcoin Cryptocurrency Exchange app. Some features of this app are preferred by Indian investors, including real-time spot trading, Forever Free Wallet, Cashback and Lifetime Commission against referrals. Applications are usually given a one-time incentive in reference but this has increased the attraction towards Bitcoin as it gets a lifetime commission.
8. Bitbns
This cryptocurrency exchange application is available in both Android and iOS. Cryptocurrency is being bought and sold in this app without any third party intervention, so it is becoming popular locally, especially among the youth. Bitbns currently has over 100 cryptocurrency lists.
9. Colodax
This is the most innovative cryptocurrency exchange app. It has full-proof security, real-time order book, custom built trading engine which provides best and easy experience in overall trading. As well as regular security audits, this app is preferred by young as well as experienced crypto traders. As a result, Kolodex’s hold in the Indian cryptocurrency market is also getting stronger.
10. Giottus
This cryptocurrency exchange app is popular locally as trading can be done easily. Also this app has more liquidity. What is special about this app is that Geotus is rapidly increasing its market share as customers are getting support in languages other than English. Apart from this KYC verification system is good and Cold Wallet Insurance also provides app crypto traders.