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We have compiled these best apps to buy cryptocurrency lists so you can up your crypto game and stay on top. With so much buzz across the globe, India too is seeing a sudden surge in people investing in cryptocurrency, starting from the most popular Bitcoin to more than other coins, including DogeCoin, Shiba Inu, and more. While searching for the best apps to invest in cryptocurrency, you might have come across several apps.
Here, we have gathered the five best apps to buy cryptocurrency in India. Criminals, fraudsters, and hackers may use cryptocurrencies to their advantage due to this. However, there is a plus aspect to this as your information will be kept in the strictest of confidence. Only one thing to remember: be sure you set up two-factor authentication and email authentication to provide an additional layer of protection. As bitcoin and other forms of cryptocurrencies are difficult to trace, the app must have security to keep your funds safe.
Once you have done the transaction, it is virtually impossible to cancel or get your money back. In addition, due to the decentralized nature of blockchain, it is almost impossible to trace who owns the wallet. Just six months ago, the price of Bitcoin was Rs. Etherium, another popular cryptocurrency, has reached the price of Rs. This is why you never know when the cryptocurrency market can skyrocket overnight, and the market is quite volatile. So keeping a finger on the pulse of cryptocurrency markets means remaining up to date with real-time information on volumes and price of currencies.
Whichever app you download, look for real-time data and information; this ensures that you are not using any outdated information in trading and investing decisions. Also, make sure that the exchange has enough trading volume so that you can buy and sell the coins easily without any delay. These apps to buy cryptocurrency can give you proper data so you can smartly decide which cryptocurrency to invest in.
If you are interested in buying or selling cryptocurrency, then you need to make sure that the app is available and trading cryptocurrencies is legal in your country. It is a hot topic for discussion and debate whether bitcoins are legal or not, as tracking them is impossible. Many countries have banned the use of cryptocurrencies, while others have instituted limitations on the type of cryptocurrencies that can be bought or sold.
So before you download the app and get started, double-check whether cryptocurrency is legal or not. WazirX is the most famous crypto trading app in India and might be the best app to buy cryptocurrency. It rose to fame after Binance acquired WazirX and made it perfect for simple spot trading.
You can buy more than cryptocurrencies with support for UPI deposits instantly. The app has an intuitive user interface that is easy to use. WazirX has the highest liquidity for the Indian currency in India. The app also has advanced features like TradingView, chart trading, and Stop-Limit orders. And it recently got updated with P2P transactions too.
The cryptocurrency app is a good addition to buy any currency in India. The app is available for both Android and iOS. Download: Android iOS. Binance is one of the most popular crypto exchanges in the world and is the best app to buy cryptocurrencies in India. It is effortless to use and has a simple design that is well suited for beginners. You can buy and sell your crypto as well as view your trading history and crypto holdings. Functions like stop-limit, market order, and limit orders are available for more experienced traders.
The app has a wide range of alternative cryptocurrencies available for trade and has recently introduced fiat capabilities that let you buy bitcoins with credit cards. ZebPay is one of the oldest apps to buy cryptocurrency trading in India.
ZebPay started off as an initiative to help India invest in Bitcoin and another crypto. ZebPay app comes with an intuitive design for Android, which is clutter-free, and the ease of usage is good, which makes it a good crypto trading for seasoned traders or beginners. To buy cryptocurrency, all you have to do is download the app, register with your phone number, and finish the KYC process to add funds into your account and start investing in your preferred cryptocurrency.
You can also get a Pro membership to gain access to premium charting tools on a web interface, where you can also manage everything on a single screen. ZebPay has been in the market since and has seen the rise of Bitcoin significantly. The app is available both for Android and iOS. CoinDCX Go is another apps to buy cryptocurrency in India where you can invest in all the top cryptocurrencies in a limited manner so as to not lose much money in the highly volatile crypto market.
The app comes with an interactive user interface to help beginners invest their money in the crypto market safely. However, if you want to invest more than Rs. CoinSwitch Kuber is yet another user-friendly crypto exchange platform in India and is a good app to buy cryptocurrency. With a simple app that is helpful for beginners, you can start your investment with as little as Rs.
CoinSwitch Kuber supports instant deposits and withdrawals from your bank account. In order to start trading, there is a smart KYC process, and upon approval, you can trade with more fund limits. The cryptocurrency app is flexible for newbies who are looking to invest in crypto as well as enthusiasts who are stuck to trading all day. CoinSwitch Kuber also claims to have prompt customer support and is the best app to buy cryptocurrency in India.
Also Read: Top 5 Smartphones to mine cryptocurrency in India. There is speculation that the Reserve Bank of India might introduce its own cryptocurrency in the coming future; till then, these best apps to buy cryptocurrency might bring down your craving for crypto trade.
What looks like a simple trading app can revolutionise the entire digital marketplace as the adoption of crypto increases over time. For the latest smartphone news , stay tuned to Cashify. We also allow you to compare mobile phones so you can find out the better phone before buying.
Read More Read Less. Popular Stories. Tips and Tricks. Another point to note about the eToro app is that it also supports other asset classes. Finally, if you like the sound of eToro, you can get started on the app in less than five minutes from start to finish. Get eToro App Now. Cryptoassets are a highly volatile unregulated investment product.
Instead, Aqru is the best crypto app in the market for earning interest. Unlike other crypto savings accounts in this marketplace, Aqru does not require you to agree to a minimum redemption period. This means that you can withdraw your digital tokens at any given time without being financially penalized.
And finally, as a subsidiary of Accru Finance Ltd. UK , this top-rated crypto app is required to comply with KYC regulations — meaning all customers are verified. Get Aqru App Now. In downloading the Crypto. And, you can instantly buy any of these supported markets with Visa or MasterCard at a fee of 2.
You will, however, first need to open an account and go through a quick KYC process — which requires you to take a photo of your government-issued ID via the app. Crucially, with so many supported markets, Crypto. In addition to debit cards, the Crypto. As a market taker, you will be charged 0. And, if you find yourself trading regularly on the Crypto. Another core feature of the Crypto. In doing so, you will be paid a rate of interest — which not only depends on the token but also the lock-up period.
We should also note that Crypto. This token can be used to reduce your trading commissions and increase yields when depositing funds in your Crypto. We also like Crypto. And as such, in using the Crypto. Get Crypto. We found that Coinbase is arguably one of the best crypto apps for those with little to no experience in investing in digital assets. In fact, those who are looking to buy cryptocurrency via a mobile app for the very first time will often choose Coinbase, and the entire investment process is guided step-by-step.
For instance, once you download the Coinbase app to your device, you will be asked to register an account. Then, you will be asked which cryptocurrency you would like to buy and what payment method to use for this purpose. In doing so, the transaction will be processed straight away, albeit, at a rather expensive fee of 3.
Regarding the cryptocurrencies you can buy on the Coinbase app, most top digital tokens in terms of market capitalization are supported — with the obvious exception of XRP and BNB. Across dozens of other markets, you will also find a good range of ERC tokens and even DeFi decentralized finance coins.
In downloading the Coinbase crypto app to your phone, you will benefit from a wide range of security tools. For instance, not only will you be required to enter your chosen PIN, but two-factor authentication will need to be passed via a code that is sent to your phone via SMS. Cold storage is another crucial safeguard offered by Coinbase, with the platform. And finally, Coinbase also allows you to lock withdrawal requests for 48 hours for enhanced security.
Get Coinbase App Now. The final option to consider from our list of the best crypto apps for is Binance. This crypto app is best suited for those of you that are looking to buy and sell digital assets actively. The reason for this is threefold. Second, Binance offers incredibly low trading commissions. The most you will pay is 0. But, active traders and those holding BNB tokens will be eligible for even more competitive rates.
With that being said, we should make it clear that Binance is more suited for intermediate and advanced traders. If you fall within this category, you will appreciate the availability of trading tools and features. This includes dozens of charting and technical indicators, alongside customized order types.
An additional feature that seasoned traders will like in the Binance app is access to leveraged products. These are available as crypto derivatives across spot markets, futures, and even options. With such an array of cryptos to choose from, you can buy Terra Luna and many other popular Bitcoin alternatives via the Binance exchange right now. In terms of getting started with the Binance app, this will depend on your location.
For instance, Americans need to use the dedicated US version of the app. Nevertheless, you can fund your newly created Binance account with a debit or credit card after uploading some ID. US clients pay 4.
ACH and domestic bank wire transfers come without fees, but transaction times can take working days. Get Binance App Now. Blockfolio, which was recently bought by crypto derivatives exchange FTX, is a mobile news and portfolio tracking app for cryptocurrencies. With Blockfolio, you can easily import data about your crypto positions from hundreds of major exchanges.
The app has tools for visualizing your positions, tracking your profit and loss over time, and much more. If you have cryptocurrency holdings across multiple wallets and exchanges, Blockfolio is a must-have app. Blockfolio makes it easy to set up multiple portfolios, which makes it easy to separate your investment goals. The marketplace has highly anticipated new drops seemingly every day. The app offers a personalized discovery feed that shows you the hottest new work you might like.
You can also follow artists to get updates about their latest work and see related art you might be interested in. You can use your favorites page as a watchlist to keep an eye on valuable NFTs or simply as a personal gallery for your most beloved artworks. Nexo is a crypto lending app that lets you borrow cash or stablecoins using your cryptocurrency as collateral. Your eligibility is based on your crypto holdings, not your credit score.
Most loans are approved within seconds of applying. Nexo supports 38 cryptocurrencies as collateral and you can choose to receive your loan in more than 40 fiat currencies and stabelcoins. For an overview of the five best crypto apps reviewed above, check out the comparison table below. In order to narrow down our research findings to just five of the best crypto apps for — we focused on a selection of core areas. The most important thing to consider in your search for the best crypto app is whether or not the provider is regulated.
For example, as we mentioned in our eToro review, this crypto app provider is regulated on multiple fronts. This means that when you deposit funds into the eToro crypto app, you can be sure that your capital is safe. However, we also came across crypto apps that operate without a license.
Some crypto apps will allow you to trade a large number of digital currencies, while others focus on a select few. For example, Binance offers over 1, cryptocurrency markets across a variety of projects. When it comes to fees, you need to check a variety of charges before opening an account with your chosen crypto app. Many crypto trading apps will charge you a commission when you buy a digital currency.
You also need to pay commission when you cash out your position. Commissions can vary wildly between crypto app providers. For example, Coinbase will charge you 1. Binance is very competitive at just 0. The reason for this is that high trading fees will eat into your potential profit margin. You might need to pay deposit fees when you add funds to your crypto trading app. This can also depend on the payment method that you choose.
To give you an idea. Binance charges US clients 4. It goes without saying that this is expensive, especially when you consider that eToro charges no deposit fees on debit or credit cards when the payment is made in US dollars. This fee is more difficult to understand, as many crypto apps do not display it. For those unaware, the spread is the difference in percentage terms between the bid and ask price of the digital currency that you are looking to trade.
For example, if the spread amounts to 0. And as such, you need to make gains of at least 0.