Crypto currency exchange is also called as digital currency exchange. It is a business in which people exchange their digital currency for other assets. Transaction of crypto currency is done through payment methods like credit card payment, or wire transfer etc.
There are many different types of cryptocurrency exchanges out there than they are in India, among them we were going to learn about the 10 best cryptocurrency exchanges.
BuyUcoin:
BuyUcoin came into existence in June of 2016, it is founded by Allulg Bhatt, Shivam Thakral and Devansh Aggarwal. The platform quickly became one of the best in the crypto currency space, and within a short span of time, the platform garnered a huge community of many investors.
Its is specially designed to make it easy to use for everyone, whether it is an experienced investor or those who are using it for the first time. The platform has conducted over $50 million USD in trades since it was built, and supports over 30 cryptocurrencies, with more names to be added to this figure.
CoinDCx:
The platform allows its investors to hold more than 200 cryptocurrencies on a single platform. Considering the security and safety of domestic cryptocurrency exchange marketing, this platform is one of the safest platforms. Its fee structure depends on what type of cryptocurrency is exchanged between Make A and the teacher, and charges a platform when conducting cross-platform trades.
Colodax:
This platform is created in 2017, and was also created by the same development team that created the platform called CrypDates.
The purpose of this platform is to provide fast transaction speed and trade execution facility to its users and investors. The fee structure of this platform is very wide and its transaction fees vary from cryptocurrency to cryptocurrency. To make it easier for its users, the platform has also launched an app on mobile. To protect the assets of its users, this platform adopts a very strong security system.
BitBNS:
It was created by an IIT group called Alumni. This platform is founded in December 2017. After some time, the platform introduced stop limit orders so that users or investors could reduce their losses while trading on the platform. Its fees mainly range from 0.03% to 0.25%. Its fee structure has 11 different levels.
Zebpay:
This platform is one of the best platforms in the field of cryptocurrency exchange. It was built in 2015. The platform has served around 3 million users till date.
Its fee structure is very wide which is in three different areas. The first is the maker fee, which is 0.15%, which is applied when the order does not match immediately. Taker fee, i.e. the fee at the execution of the order is 0.25%. The intraday charge for midnight transactions is 0.10%. The platform charges a commission (1.75 per cent) on transactions made through net banking.
WazriX:
WazriX is considered to be the underdog champion in domestic crypto currency trading platform, it was created in 2017, when digital currency trading was very popular among large amount of investors and users.
The platform regularly conducts security audits for the safety and security of its users and investors. Its fees often range from as low as 0.1% to 0.2%. It is available on 5 more different platforms, allowing users to easily exchange on each domain.
Colodax:
This platform is created in 2017, and was also created by the same development team that created the platform called CrypDates. The purpose of this platform is to provide fast transaction speed and trade execution facility to its users and investors.
The fee structure of this platform is very wide and its transaction fees vary from cryptocurrency to cryptocurrency. To make it easier for its users, the platform has also launched an app on mobile. To protect the assets of its users, this platform adopts a very strong security system.
Coinswitch:
This platform hosts over 100 cryptocurrencies on its platform. And it ensures that it is easy for investors to use, so that new users or investors can easily understand the process.
The platform has launched its own second version called Coinswitch Kuber which is easy to use and this app can easily found on Android Play Store or Apple App Store. Their transaction fee is 0.49%, it may vary depending on the tool used for the transaction.
Giottus:
It is a domestic cryptocurrency platform specially designed for fastest processing speed, so that users do not have any problems.
It is internationally known for its ability to transact 50,000 transactions per second. In addition, the platform also guarantees stability, while the number of orders can go up to millions at a time. Its fee schedule is 0.25 per purchase order and 0.15 per sale order.
Zebpay:
This platform is one of the best platforms in the field of cryptocurrency exchange. It was built in 2015. Zebpay has served around 3 million users till date.
Its fee structure is very wide which is in three different areas. The first is the maker fee, which is 0.15%, which is applied when the order does not match immediately. Taker fee, i.e. the fee at the execution of the order is 0.25%. The intraday charge for midnight transactions is 0.10%. The platform charges a commission (1.75 per cent) on transactions made through net banking.
Unocoin:
This is the oldest cryptocurrency. It was built in 2013. The platform has been in place since the Supreme Court lifted the ban on cryptocurrency trading. Its fee structure is 0.7%, depending on the transactions made on this platform. The platform has also created an app to give more access to it's users.
Paxful:
On this platform there is a system called Trust Factor which helps other traders to find sellers. In its fee structure, no charges are levied at the first 500000 junction, but then $ 1 is charged on each transaction, a percentage of which is charged on each transaction.
Conclusion:
In this article we have brought you complete information about the 10 best cryptocurrency exchange platforms.
I sincerely hope you enjoy the information provided by us. If anyone has any questions related to this article. fill free to comment below.