Cryptocurrency is a digital currency maintained using cryptography by a decentralized system instead of being handled by a centralized authority. Cryptocurrency is not recognized as a legal form of money in India yet. The cryptocurrency exchange apps play an essential role in the world of cryptos. They can be used to check the prices of various cryptocurrencies, buy and sell them, and manage your account.
The top cryptocurrency applications are :
- WazirX: This name has been a famous cry on social media these days. This application allows you to invest using different mediums like INR, US dollar, etc. WazirX has its coin, which is known as WRX. You can buy WRX using INR. WRX is used to deal with other cryptocurrencies. WazirX allows the user to secure their accounts using 2FA or passcode. A charging fee of 0.2% applies to the taker and the maker.
- Unocoin:Unocoin is one of the oldest Indian cryptocurrency exchange apps. It is a simple user interface, and it supports numerous cryptocurrencies. To start using Unocoin, you must sign and fill in all the KYC details. This app allows you to auto-sell your assets using a schedule sale feature from the profile tab. A charging fee of 0.7% is applicable while buying and selling the assets, which is higher than the rate of WazirX.
- CoinDCX: CoinDCX is said to be the most versatile cryptocurrency exchange app. It enables you to deal with over 200 trade coins. The whole registration process is simplified using OTP on your registered mobile number and email ID. A charging fee of 0.1% is applicable and the minimum withdrawal limit is Rs 1000 without any charges. CoinDCX only allows you to trade using INR.
- CoinSwitch Kuber:This application is funded by famous investors and VC firms. It states to let you trade in about 100+ crypts and provide you with the best trading rates. To start trading, you must complete the KYC process in the app. The brilliant marketing methods of CoinSwitch Kuber are the main reason behind the success of the app.
The applications mentioned above were among the top cryptocurrency exchange apps. You can also check other apps like Bitbns, Zebpay, etc.