Bitcoin Trading Application – Some of the best apps to buy Bitcoin in India are WazirX, Bitbns and CoinDCX. Moreover, this article will provide you with all the information you need to choose the best platform according to your requirements.
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Bitcoin Trading Application
Binance (not Indian) but owns all the coins and also saves you a lot of money on trading fees. (Link ID – UARTH1S1) View the full table and link to the application here.
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An application that offers you to buy, sell and exchange Bitcoins in India through your phone is called a Bitcoin exchange application. They free you from the hassle of carrying a laptop and trading cryptocurrency remotely.
You can trade on the go using the mobile app, or even as a beginner, you can start investing in Bitcoin using the app. A simple and interactive user interface is available in many applications, but let’s take a look at the best applications.
Lately, many platforms have started offering their services through mobile apps, and it can be difficult to know which one is best for you. That’s why we’ve compiled a list of the seven best apps for you.
CoinDCX offers the highest liquidity in India and gives you the opportunity to trade over 200 coins. You can complete the registration procedure in seconds by entering the OTP sent to your mobile phone and mail.
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The CoinDCX crypto exchange can be considered the most universal platform. They even teach the basics of investing at an environmental table. Additionally, you can also earn passive income through the CoinDCX referral program.
Yes, CoinDCX is safe to use as the first layer of security provided by CoinDCX is through the Google Authenticator app. You are permitted to use an investment instrument only after it has been verified. You need to set a different withdrawal password to confirm each withdrawal.
CoinDCX charges a 0.1% fee from the producer and recipient. The minimum withdrawal limit is INR 1000 and there is no fee charged. Spot trading fees and margins on CoinDCX depend on your trading volume. It can be divided into levels as shown in the table below:
DCXinsta helps you buy or sell cryptocurrency in INR. You can deposit INR through UPI, NEFT, IMPS, RTGS and bank transfer.
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Through the WazirX exchange, you can invest in a wide range of crypto assets using INR, USDT, BTC and even WRX (the platform’s native token). In addition, the platform organizes various competitions and giveaways; You can track it through the main page. On the settings page, you can invite your friends and earn through WazirX referrals.
Moreover, WazirX also has its own coin known as WRX and you can use INR to buy WRX and then use WRX to invest in many other crypto assets. To learn more, read the WazirX review.
Yes, WazirX is safe to use as it stores almost all of your assets in cold storage and only a small portion of hot wallets. You can increase your security by enabling two-factor authentication and an app password in your settings. In addition, the platform informs you through notifications about the successful execution of your orders.
Finally, WazirX was acquired by the world’s largest cryptocurrency exchange Binance, giving it an additional layer of credibility.
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WazirX charges a 0.2% taker and maker fee on top of the transaction fee. However, the app does offer a feature called “Pay Trading Fees with WRX.” By enabling this feature in your commission settings, you will be able to pay trading commissions using WRX and sign up for a 50% discount on trading commissions.
Due to the high uncertainty in the Indian market, the platform often faces storage issues and has to change its storage methods. Starting September 22, 2021, you can deposit INR into your WazirX wallet or through net banking with a minimum deposit of INR 100 and a fee of INR 24. Additionally, you can use MobiKwik to make a deposit and pay applicable payment fees. Grid You can also use WazirX P2P for free USDT deposits.
For withdrawal, you can make an instant withdrawal with a fee of INR 10 and a limit of INR 2 lakh per transaction. You can also use NEFT with a fee of INR 5 and a limit of INR 10 lakh per transaction.
Bitbns is an Indian cryptocurrency exchange that aims to make things simple, attractive and secure. The app offers margin trading, pool sales, and often cryptocurrency drops. The app also offers a fixed income plan that guarantees you a return on your cryptocurrency investment. The platform has its own hardware wallet, which can be found on the official website. Additionally, the platform will soon launch its trading capabilities and has already launched a test network. The login process for Bitbns is also simple. To learn more, read the Bitbns review.
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Yes, Bitbns is safe to use and uses cold storage to store most of your assets. Additionally, the app has two-factor authentication and Google Authenticator for personal wallet security. You can also buy a Bitbns wallet and store your money securely. Additionally, if you have any questions regarding the platform, you can contact Bitbns support and open a ticket.
Bitbns has a flat trading fee of 0.25%, which is one of the highest on the market. Additionally, the platform charges a 1.77% fee for Mobikwik deposits. For withdrawals of funds, commissions are charged according to the following scale:
Bitbns offers you the option to deposit via MobiKwik wallet. You can use your credit card in Mobikwik and then use Mobikwik to pay here. The app also allows you to pay via IMPS, NEFT, Bank Transfer, USDT P2P, UPI and P2P Banking.
The Unocoin India app has a simple user interface and supports multi-cryptocurrency assets. The Unocoin app provides an auto-sell feature in the profile tab that helps users schedule the sale of an asset. You can start investing through the app by simply creating an account and completing KYC.
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Yes, Unocoin is safe to use as the app offers two-factor authentication. You can also set up a digital PIN and fingerprint authentication to log into the app. Every time you enter an incorrect PIN or your fingerprint doesn’t match your registration, the app logs you out.
You can contact support through the app settings, calls, email, or even chat with bots.
Unocoin charges a 0.7% buy/sell fee with a minimum usage of 60 days. After that, they charge a 0.5% fee, upgrading you to Gold. Unocoin does not charge any fees to creators or recipients.
You can deposit via NEFT, RTGS, IMPS and UPI without any transaction fees. You can also use a MobiKwik wallet with a 2% transaction fee, or a debit or credit card with a flat fee.
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ZebPay India likes to call itself “Bitcoin Ki Dukaan” and has been providing cryptocurrency investment services since 2015. You can register via your mobile number and complete ‘Fast KYC’ to start trading cryptocurrencies.
ZebPay has a Refer and Earn feature where you earn 50% merchant commissions on new signups through your links for one year.
When you trade with ZebPay, 98% of your assets are in cold storage. ZebPay uses Omnitrixx technology, which protects all transactions between hot and cold wallets using a multi-chain security system.
The ZebPay app has a four-digit PIN for account security and you can also use your fingerprint to access the app.
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ZebPay charges a membership fee of 0.0001 BTC per month. However, you can avoid these membership fees by being an active investor.
The platform charges you an origination fee of 0.15% and a taker fee of 0.25%. ZebPay reduces trading fees to 0.10% if your order entry and exit occur on the same day.
All cryptocurrency deposits on ZebPay are free. However, there is a deposit fee of INR 15 in UPI and 1.77% in Net Banking. There is a fee of INR 10 for fiat withdrawals and 0.0006 BTC for BTC withdrawals.
You can deposit INR through IMPS, RTGS, NEFT, UPI, Bank Transfer and Net Banking. The minimum deposit amount is INR 100 through UPI and INR 1000 from any other specified source.
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The CoinSwitch app has a simple registration process and you can directly create an account by providing your phone number. However, to start trading cryptocurrencies, you need to complete KYC.
Here you can trade over 100 cryptocurrencies at the best rates and with a wide range of payment options.
The CoinSwitch website and app don’t provide much information about the security they offer. Therefore, the security of your assets and personal information is highly questionable.
The company offered the offer to the first 100,000 users during the CoinSwitch Kuber pre-launch. They will not pay any trading fees for 100 days.
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In conclusion, an app with the right balance between security, fees charged, and services provided can be considered the best app for investing in cryptocurrency. In our opinion, WazirX and CoinDCX offer an efficient mobile interface and could be your choice.
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