Top 10 Cryptocurrency Exchanges with Maximum Benefits Available in India
It is crucial to find authentic cryptocurrency exchanges to gain maximum investment benefits.
With the volatile nature of cryptocurrency, the market sees a lot of ups and downs when it comes to the values of the coins. For some coins, it can be really profitable as the price soars high. When something like this happens, a lot of assets joined with those coins also gain profits. Here are the top cryptocurrency exchanges with maximum benefits available in India.
FTX Exchange:
FTX exchange is created by Alameda Research and is a leveraged cryptocurrency exchange that offers derivatives trading. The platform was founded in 2019 and offers unique products such as indice trading, enabling traders to have exposure to a variety of tokens in a single contract. Depending on the country, the exchange offers several other features like leveraged trading, market predictions, and more. Even though it is one of the newly launched platforms, FDX has become one of the most trusted crypto exchange platforms for investors.
Kraken:
Kraken is highly popular among European cryptocurrency enthusiasts due to its wide range of features. Kraken was founded in 2011 and launched in 2013. The platform provides a wide variety of cryptocurrencies to trade. Currently, it supports over 200 traders globally. Kraken offers margin trading and futures trading platforms. Institutional traders can take help from experts through one-on-one consultations, account management support, and more.
Coinbase:
Coinbase offers an easy-to-use exchange, lowering the barrier to entry for crypto investments which is typically seen as confusing and convoluting. The platform offers insured custodial wallets for investors and traders to store their investments. They also carry insurance against data breaches and hacking, which is crucial since users have reported the accounts to be hacked and drained of funds.
Binance:
Binance enables users to buy, sell, and trade cryptocurrency with low fees. They will also have the option to earn interest on cryptocurrencies by staking for a long period to earn an interest rate of between 0.5% to 10%. Investors can buy tokens on Binance in several ways, including through Paypal, bank transfer, credit card, and debit card. The platform is simple to use, with a supportive team that is always available to answer all customer queries.
Quantum AI:
Quantum AI is an automated trading exchange with a huge selection of crypto pairs. It is the world’s first quantum computer to use its crypto market scanning software to give its users signals on what to buy and sell. This platform operates on the blockchain to ensure complete transparency and also does not work with unregulated brokers.
WaxizX:
WazirX allows the users to invest using INR, dollar, BTC, and even P2P. The platform also has its coin called the WRX that can be bought using INR, and then WRX can be used to buy other cryptos. One of the most popular features provided by WazirX is that the investors can earn coins through several contests that are available on the info section of the app.
KuCoin:
KuCoin is a relatively new crypto exchange that has rapidly developed a dedicated fanbase due to its intuitive design and a high degree of security. This platform is highly regarded because of its large number of cryptocurrency pairs, which means users can purchase a wide variety of cryptos. It’s only drawback is that it is a crypto-only platform and investors will have to use another exchange to purchase coins with fiat currencies.
Bitfinix:
Bitfinix is a crypto exchange that strives to provide its users the ultimate trading experience by providing them with innovative trading tools and unparalleled levels of customer services. The platform offers books with top-tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, Ripple, and NEO, to name a few.
CoinDCX:
CoinDCX is recognized as one of the most versatile trading applications for crypto assets in India. The whole account setup procedure has been simplified using a one-time password (OTP) that is sent to the users’ registered mobile number and email ID.
OceanEx:
Launched in 2018, OceanEx is a fully registered and licensed Japanese trading platform. Its parent company BitOcean Global has many eminent core members like Morgan Stanley, BNP Paribas, and Deloitte. The platform is known for providing personalized and lightning-fast trading services.
