Here is the Best Cryptocurrency App In India that allows you Trade, Invest, and Hold Cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Litecoin, Cardano, Polkadot, Binance coin, and dozens of other Digital currencies In India.
Best Cryptocurrency App In India 2024
Here is a list of the Best Cryptocurrency Apps In India–
WazirX
WazirX is Becomes a huge success in India with over 900,000 users.
While its official site is considered one of the best websites to buy cryptocurrency in India the mobile App needed lots of improvements to provide a Bug-Free experience to users.
However, if we see past the Bugs and Glitches then this App allows you to trade more than 100 Digital currencies online, Provides the highest referral commission, and lowest Withdrawal fees.
Here users are able to withdraw funds 24×7 whenever they want.
Download WazirX from Play Store
Zebpay
Zebpay is not only for India, This mobile Application is available for over 162 Countries and serves 3 Million plus users around the globe.
Apart from using it as Cryptocurrency Exchange App, it can be also served as a wallet to store your digital currencies.
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Here in this Mobiel Application, you can Trade on Bitcoin, Ether, Ripple, Basic Attention Token, Tether, EOS, Litecoin, Bitcoin Cash, PAX Gold & Ox.
Download Zebpay From Play Store
Coinbase
Coinbase is another Internation Cryptocurrency management App that is used to Buy, hold and sell Digital currencies online.
Using the eMoney Wallets here you can Transfer, Store, or Convert Digital currency online securely.
It is mainly a Digital Wallet for holding Virtual currencies on your mobile phone.
Here you can not only buy but send and receive currency after you sign up.
Within the first few minutes, you will be able to buy your first Cryptocurrency.
Download Coinbase from Play Store
Bitbns
Bitbns Bitcoin, Crypto Trading Exchange India is Indian Crypto Trading platform available for your Android mobile phones.
This App allows you to Trade at very competitive prices, especially if you are an Indian user.
Also, This App also has its own Cryptocurrency Bitbns, in which you can invest online using this trading App.
Download Bitbns from Play store
Unocoin
Unocoin is India’s one of largest Crypotassets Trading and Management Companies, The official mobile app is available on all of the major mobile operating systems to Download.
It offers you the functionality to trade in Crypto Assets like BTC, ETH, XRP, LTC, BCH, and BTG directly from your mobile phone.
You will not only able to Withdraw money in your Bank account, but You can also use Bitcoin to Recharge your mobile or DTH directly by this Application.
It has a Live tracker widget, which you can add to your home screen, So you won’t have to open this app again and again just to check live bitcoin prices.
Similar to Stock Analysis Apps this offers you the functionality to access news/updates like Moneycontrol and ET market App that can affect the Crypto market.
Download Unocoin from play store
What is Cryptocurrency?
Cryptocurrency Which is sometimes also referred to as Digital Currency, Crypto, or Crypto-Currency is decentralized currency that come to the spotlight after Bitcoin started gaining momentum in recent years.
However, the term Crypto was very old and actually conceived in the year 1983 by Cryptographer David Chaum which he called ecash.
Bitcoin was the first Decentralized Cryptocurrency, which is created by Satoshi Nakamoto.
However, to this date, No one really knows who is Satoshi Nakamoto.
Is it a person, or a group of people who works to release this Currency, no one really knows.
In any case, The exploding success of Bitcoin attracts other players in the Game, and within a few years time frame thousands of virtual currencies are launched.
While some of them are considered Good investments, the majority of them are not very popular among traders.
How does cryptocurrency work?
Crypto as mentioned before, in this post is Digital Currency that can be only used online on the Internet.
You can either use it for online shopping, Pay for services online, or just provide a donation to your favorite content creator.
Due to its limited supply but constant demand, the prices of Cryptocurrency are always bound to go up high.
Yes in a short time frame you can see high fluctuation in prices but if you hold it for a longer time as an investment, its value will increase.
That makes it a fine financial instrument for Long term investments.
That is the case of most popular Digital currencies, However, in regard to not so popular one, things are different.
Also, you have to remember, Digital currencies like bitcoin will also lose their value, If no one wants to buy them.
Is Cryptocurrency Banned in India
On-time of writing this Post, It’s perfectly within the laws to invest in Crypto Exchange, But it may not be the case in the near future.
In the few last months, the Indian Government not only indicate but also plan to launch a new law regarding Digital money.
According to news reports from Several News Sites including IndiaToday, Hindu Bussiness Line, Economic Times, and Daily Coin Indian government not only planning to Ban Digital currencies like Bitcoin but also Criminalize Miners and traders.
So it may be soon that you will be a criminal just if you, already invested in Bitcoin or other Crypto.
However, there is also another indication that Government may not Ban it permanently but will put heavy regulations on it.
While this decision obviously not good for traders and miners but it kinda makes sense for Government to take such Action.
Bitcoin is a decentralized currency that isn’t controlled by any Government.
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It’s not only hard to deduct such a transaction, it’s almost impossible.
Should you trade in Crypto?
If you are seeking an answer on whether should you trade in Crypto or not, It completely depends on your investment goals.
There are hundreds of different digital currencies available on Crypto Exchanges online.
And even new ones are launching every day.
You can invest in it, Only if you know what you are doing it for and for how long.
If you have a basic understanding of how crypto works, Blockchain Technologies can invest in it.
If not, You should first gather all the information about it first before investing your hard-earned money in it.
Final Points
So that’s my picks of the Top Best CryptoCurrecy Exchange Apps, Best Cryptocurrency App In India 2022 which you can use to Trade in the digital currency of your choice.
If you have any questions in your mind regarding this post you can mention them in the comment section below.
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