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The 6 Cryptocurrency Exchanges In India Which Can Be The Saviour Of The Economy
We are waiting for long to hear good news and all we get is COVID-19 devastating influence on mankind. Sure about the fact that we have to compromise with our normal lifestyle and adapt to a new one with gloves and mask on is. Sanitisation has become the most obvious thing to do including brushing bathing cooking and cleaning.
While the world is dealing with a major outbreak of COVID-19 India has taken a major step for locking down the whole country. Now it has been continuous three months while India is controlling the COVID-19 due to world’s major lockdown protocol.
But I’m not here to talk about the COVID pandemic but it’s about cryptocurrency exchanges in India.
Well. You must be thinking why I shifted my conv\cern form COVID to CRYPTOCURRENCY EXCHANGES. While India is struggling with the increased rate of COVID cases the economy is slowing down. The growth of every sector in India has stopped and not participating in the major sector for increasing economic status.
So, here comes the solution. The only sector which can show tremendous growth in India is cryptocurrency exchanges in lockdown period. The sector holds the possible strength to improvise the India market. After SC support the exchanges are flourishing with the country and it has been a quite a journey for the cryptocurrency exchanges in India. Possibly giving a major source of improvement of economy backbone the sector has also opened for operations and increasing job opportunities.
So, here is the list of 6 cryptocurrency exchanges in India which are great to serve customers with their amazing features.
In the list the first I need to mention about Wazrix. This exchange was the only exchange in India which didn’t shut down after the draft bill and continues to serve their client with full force and also coupled with Binance for transaction purpose. Here are some exclusive features of Wazrix which are really awesome and allow traders for maximum loyalty platform.
· Wazrix allows spot and P2P trading.
· This exchange also enables easy bank transfer and UPI facilities.
· You can trade with more than 50 cryptocurrencies with instant approval.
· INR deposit and withdrawal is possible in this exchange.
· Trading fee is average 0.1% to 0.2% which is very minimum.
· For P2P there is no trading fee at all.
With all these promising features the Wazrix has become the number one cryptocurrency exchange in India with the collaboration of Binance.
Next, I’m moving to discuss with CoinDCX. With 100+ cryptocurrency trading options offering it has become one of the largest and trustworthy networks of a cryptocurrency exchange in India. Here is the catch. This exchange allows 0.1% taker and maker fees. As the largest and safest exchange in India for cryptocurrency, CoinDCX offers instant fiat for null fee crypto-conversions so that consumers can access a range of financial products and services backed by leading industrial protection processes and insurance coverage. CoinDCX provides an integrated range of items to customers, like DCXinsta, that is to purchase 100 + cryptocurrencies with IN R instantly from your one-stop P2P.
Launched in 2019, this cryptocurrency is the first exchange to allow INR instant deposit and withdrawals after Supreme Court’s verdict. With a fully focused team, this exchange is growing fast with the full support of their client and investors. With interesting policies to earn money, this cryptocurrency exchange platform allows most benefits for the trader.
This exchange is P2P trading platform and KYC verification is not mandatory. So your identity is fully secure and safe. With 0% trading fee this cryptocurrency exchange offers more than you can imagine. Here is a list of their offering which you can’t overlook.
· In your Coinbreze account, you will add a bonus of INR 50 or 1 USDT.
· Bonus comprises 0.1% of total USDT trading volume.
· Free lifetime trading in Coinbreze for the first 1000 users.
· You will also get the privilege to earn a referral bonus.
· You can also earn via trading. This is a wonderful opportunity for traders who wish to earn more and Coinbreze is the best platform so far.
Here is another cryptocurrency exchange with one of the highest trading fee. The exchange allowed the highest volume of exchange with a credit card that is the most alluring feature for the exchange. However, in comparison to Coinbreze this exchange asks 4.9%-5.9% as a trading fee. This exchange has enabled its service to almost all countries in the world.
Zebpay is one of India’s oldest and biggest exchanges of cryptocurrencies. As a result of the RBI ban, Zebpay was transferred to Malta with one office and currently supports more than 150 countries in Singapore. The fee for Zebpay is 0.15% maker fee and 0.25% for taker fees. You also charge various withdrawal fees for various cryptocurrencies. Zebpay Software for Android and iOS cell phones is also available. Now Zebpay is fully functional and operations in India has already accelerated after supreme court’s judgment. Most of the old users are crawling towards the trusted platform.
Paxful was founded in 2015 and is also an Indian peer-to-peer exchange. It provides more than 300 payment options, including Western Union, Gift cards (Amazon, iTunes, Google Play), Debit / Credit and Paypal, to buy and sell cryptocurrencies. Even local payments, including PayTM and PhonePe for India, are made. peer to peer. pair to peer. You can submit Ethereum, Litecoin, EOS, Cardano, Monero and many new coins to Paxful and instantly switch your bitcoin to your wallet. This cryptocurrency exchange in India enables multiple payment options for trading cryptocurrency in India which makes this unique.
Coinbreze and Wazrix stood out in every possible test above 6 cryptocurrency exchanges in India. I will prefer Coinbreze because it is new and much simpler for novice traders to update the user interface. The trader will take advantage of the Coinbreze by using 0% trading costs for the first 1000 users. The Coinbreze exchanges are valid until the advertising period is established.
While India is currently faced with a crypto-currency crisis, the trading of cryptocurrencies can boost the country’s financial health. Cryptocurrency networks spread rapidly in India, and the most satisfying platform that you can easily benefit from Coinbreze might be a great exchange.
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