9 Popular Bitcoin Exchanges in India

1. Zebpay

Founded in: 2015

Founded by: Sandeep Goenka, Mahin Gupta, and Saurabh Agarwal

Zebpay is one of India’s most popular Bitcoin exchange. In recent times, it has significantly increased and improved its operations.

It’s an app-first platform; meaning you can’t use it to trade on desktops or browsers. Zebpay app is quite appealing and user-friendly, ideal for every beginner.

Making your account looks easy and doesn’t take too much of time. Plus, there are ample of resources available (guides and articles) to help you through just in case if you’re stuck.

However, the biggest complaint against this exchange is its big difference between buying and selling rate.

The high spread makes it quite difficult to trade profitably. This is a perfect platform for long-term investors and not day traders.

Zebpay customer care isn’t very responsive.

PROS:

  • Highly trusted and secured
  • User-friendly
  • Very easy to buy and sell 
  • Quick to register account
  • Zero percent fee on trading

CONS:

  • Big difference between buying/selling prices
  • Customer support not very responsive
  • Have small hidden charges

2. Koinex

Founded in: 2017

Founded by: Rahul Raj, Rakesh Yadav, and Aditya Nayak

It’s a relatively new Bitcoin exchange that has managed to grab everyone’s attention.

Koinex exchange has a user-friendly (but a tad confusing) web platform that offers trading of not just Bitcoin but also other cryptocurrencies, including Litecoin and Ethereum.

It is truly a trading platform with a small difference between and buying and selling prices. The transactions are processed quickly.

There is no official Koinex app available right now.

On the security-end, it looks just as robust with the right infrastructure. Making your account here is quick and convenient.

However, Koinex is still in beta phase. Plus, you won’t find too many resources available for your DIY help. If stuck with something, you’re going to have to rely on its customer support, which is not always very consistent—not at least during rush time.

Koinex support system is quite decent. It has a tiered fee structure that

PROS:

  • Supports multiple currencies 
  • Simple interface (but would take a while to get used to)
  • Easy to buy and sell Bitcoins 
  • Have small spread
  • Decent customer care

CONS:

  • Still in beta phase
  • Not too many helpful resources
  • Koinex Charges up to 0.25 percent per transaction 

3. Coinsecure

Founded in: 2014

Founded by: Mohit Kalra and Benson Samuel

Coinsecure is a well-established market player, very trusted by thousands of Bitcoin traders.

One of the things that the users love about it the most is its small spread. The difference between its buying and selling prices is relatively small. So if you’re planning to day trade, you will definitely find lots of profit-making opportunities on good days.

Coinsecure doesn’t have any “official” mobile application. Its web platform is fairly easy to get used to—however, with congested navigation, many people can find it a bit confusing.

Creating a new account on this exchange is pretty straightforward. However, during the rush period, it could take quite a bit of time till they approve your KYC and open your account.

Coinsecure charges a nominal fee of 0.4 percent on all trades.

PROS:

  • Offers nice, attractive and interactive trading platform
  • Ideal for trading
  • Have a small spread
  • Decent customer support
  • Creating an account is simple

CONS:

  • Coinsecure fees: 0.4 percent on all trades
  • During rush period, it can take a bit to make your account
  • The platform can be confusing for beginners

4. Unocoin

Founded in: 2013
Founded by: Sathvik Vishwanath, Abhinand Kaseti, and Harish B. V.

Unocoin has been on the scene for quite some time now. And it is a well-reputed name, touting a large user base.

In recent times, the company has been scaling its operation by leaps and bounds. Started with just a web platform, today it also has a nice mobile app to help users buy and sell Bitcoin instantly.

Both the web and mobile platforms are easy to use. Creating an account here could take some time. As for the security of this exchange goes, it is highly safe and secured with a robust infrastructure.

Unocoin customer support is decent.

One of its biggest drawbacks is its big ass spread. You just cannot trade, given the wide difference between buying and selling rate. It’s good if you’re in this game for long-term.

PROS:

  • Highly reputed and reliable
  • High security; accounts are safe
  • Have both web and mobile platforms
  • Easy to buy and sell Bitcoins
  • Decent customer support

CONS:

  • Big difference in buying and selling rate
  • Charges 1 percent fee on every trade
  • Account approval takes some time

5. BuyUcoin

Founded in: 2016

Founded by: Atulya Bhatt, Shivam Thakral, and Devesh Agrawal

Although BuyUcoin came a bit late to the party when compared to its top competitors, it is India’s first multi-cryptocurrency exchange. So aside from Bitcoin, you can also purchase plenty other altcoins, including Ethereum, Litecoin, Ripple and Bitcoin Cash.

Much like Zebpay, it doesn’t charge any upfront trading fee. (Yes, BuyUcoin fees is zero percent!) But it cuts some amount during the transactions.

There isn’t any official BuyUcoin app for mobile phones, which is quite a bummer. Its web platform is quite appealing and user-friendly. It is well-organized. So you won’t be lost in the interface.

The difference between its buying and selling price remains okay most of the time—not too big, not too small.

Sad thing is, verification of new accounts can take some time here. Plus, BuyUcoin customer care isn’t very responsive as we would hope it to be.

PROS:

  • User-friendly trading platform
  • Supports multiple cryptocurrencies
  • Plenty of helpful resources available
  • Buying/selling Bitcoin quite easy
  • No fee on trading

CONS:

  • Account verification takes time
  • Customer support not great
  • Strict policies that can suspend accounts indefinitely

6. Coinome

Founded in: 2017

Founded by: A subsidiary of Billdesk, (payment gateway), which is founded by Ajay Kaushal, M.N. Srinivasu, and Karthik Ganapathy

Coinome is quite new on the scene. Yet it has managed to gain quite a user-base and headlines, thanks, Billdesk, its promoter.

Billdesk is one of the leading payment gateways in India that enjoys high market reputation. So anything with its backing assures to be good enough.

Coinome exchange is a decent platform that offers Bitcoin and Bitcoin cash, with plans to include more cryptocurrencies in the coming days.

The interface is quite attractive and easy-looking. It looks clean, interactive and simple enough. So you won’t have to waste too much of time figuring things out.

One of the best things about this exchange is though is its e-KYC confirmation. Meaning, your new account will be registered and verified instantly with no delays.

On the other hand, Coinome transaction fee of 0.1 percent from makers and 0.3 percent from takers. (It isn’t really much though!)

Sadly, this exchange has been inconsistent in accepting new users. It has been seen that it usually stops new account opening when there’s too much of rush.

PROS:

  • Instant e-KYC confirmation
  • Simple interface, great UX
  • Relatively small spread
  • Supports Bitcoin, as well as Bitcoin Cash
  • Robust infrastructure that offers high security

CONS:

  • Charges a small fee
  • Option to create new account isn’t open all the time
  • Delayed response from customer support

7. Bitxoxo

Founded in: 2016

Founded by: Hesham Rehman and Mohammed Rezwan

Admittedly, Bitxoxo isn’t a very renowned Indian Bitcoin exchange. However, with how everything is right now, it will shoot-up in the coming days.

One of its biggest USPs is that it doesn’t charge any trading fee. But like other exchanges, it does cut a slight bit of cake somewhere in the middle of the transaction.

There’s no official Bitxoxo android app available right now. Its web platform is decent—nothing too great or very bad.

The spread usually stays big. So you might want to choose some other name if you’re planning to trade Bitcoins. But for long-term investment, this seems like a good choice. You can rest assured of the good security of your asset.

It also offers other altcoins, including Bitcoin Cash, Ethereum, and Ripple.

With IMPS withdrawal option, you will also find Bitxoxo customer care nice and helpful.

PROS:

  • Instant registration with e-KYC verification facility
  • No upfront trading fee
  • Decent web platform
  • Offer multiple Cryptocurrencies
  • Nice customer support

CONS:

  • Big difference between buying and selling rate
  • No mobile application, which is essential if you’re trading between multiple Cryptocurrencies
  • Can take some time to get used to its interface

8. PocketBits

Founded in: 2016

Founded by: Sohail Merchant

Bitcoin and Ethereum are two biggest Cryptocurrencies in the world today. If you want to trade these, PocketBits is a good choice. It supports both.

Registration is instant via e-KYC verification. The exchange doesn’t charge any trading fee, which helps it stay competitive with market leaders. Its relatively smaller spread further helps its case.

One big problem with PocketBits is its web platform. It just doesn’t click well to provide a good experience. At times, it looks a bit cluttered and unorganized. The platform is still in the Beta phase. So hopefully, in the coming days, it will be improved.

There’s no PocketBits app available for mobile right now.

Also, PocketBits isn’t necessarily for the beginners. It targets big institutions and trading professionals.

PROS:

  • Instant registration
  • Small spread
  • Aside from Bitcoin, also offers Ethereum
  • No trading fee
  • Sufficient DIY resources available in case you’re stuck somewhere

CONS:

  • Not for beginners. It admits it’s built for “institutions and trading professionals”
  • Cluttered platform—looks unorganized
  • Insufficient customer support

9. ThroughBit

Founded in: 2016

Founded by: Mohammed Roshan, Abhishek Gopal, and Anandprabhu Rajendran

ThroughBit is another fast-rising platform to buy and sell Bitcoin. One of its biggest appeals is that it also offers Ethereum and Falcon.

Falcon is an intermediary cryptocurrency that is pegged to the Indian Rupee. Indian Rupee Falcon (INRF) ensures you can trade between different digital currencies instantly with minimal interaction with banking channels.

The platform is appealing, interactive and user-friendly. Buying and selling your cryptocurrency is relatively simpler.

ThroughBit customer care is quite good. On the security end, it looks quite decent; haven’t faced any trouble till now whatsoever.

Sadly, it doesn’t have any mobile app. It also charges a transaction fee of 0.9 percent. To that, there isn’t e-KYC confirmation optional available. So you’re going to have to wait for few hours to have your account verified and fully operational.

PROS:

  • Supports Bitcoin, as well as Ethereum
  • Have unique INRFalcon that would reduce banking transaction and fee
  • Simple and straightforward trading platform
  • Easy to and sell Bitcoin even for beginners
  • Good customer support

CONS:

  • Charges a fee of 0.9 percent
  • Hours-long wait before account is verified
  • Big difference in buying and selling rate bitcoinindiawiki.xyz
9 Popular Bitcoin Exchanges in India
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