Once you understood crypto investment is the best investment option in 21st century, it’s time to explore the best application or the best cryptocurrency exchange available in India. Mentioned below the research based recommendations of 05 best application to invest in cryptocurrency in India for 2024.

Here mentioned below the top 05 easy to use applications to invest in cryptocurrency in India for 2024.

CoinSwitch Kuber:

CoinSwitch Kuber is an app that lets you buy and sell many different cryptocurrencies. It’s easy to use and good for people who are new to trading. You can find popular cryptocurrencies like Bitcoin and Ethereum on this app.

Special features of CoinSwitch Kuber

(a) 100+ coins available for trading and investing( This application allows users to invest in more then 100+ coins including bitcoin, ethereum, tether etc).

(b) 2 Crore + user (The platform is having more then 2 Crore active users which is the reason behind its user friendly and easy to use platform)

(c) 50, 000 Crore traded money (According to the website, more then 50, 000 crore rupees has been traded till date, which showcase the trust worthiness of the application)

(d) The application anables its users to build crypto portfolio with 03 simple steps

1. Complite the KYC process with in a munite
2. Link your bank account and make your first deposit
3. Start investing in Bitcoin, Ethereum and 100 + coins

Refer the fallowing link https://coinswitch.co/to start investing today. This application is our first recommendation to invest in cryptocurrency in India.

WazirX:

This is also another user friendly application for crypto investing in India. It also provides platform for trading and investing in different digital currency. Even if you are new and having no experience in trading this application can help you to invest and trade in crypto world.

Special features of WazorX

(a) Inclusive dashboard (WazirX provides the interactive dashboard that allow you to be in action all the time with new age technology)

(b) Simplify crypto trading (user friendly application has simplified your trading experience with with the fastest way to buy and sell facilities).

(c) Advanced P & L tracking (With the advanced profit and loss tracking system it allows the users in smart decision making.

(d) High level of security (With two factor verification, end to end encryption it helps the user to protect from any kind of financial loss.

Refer the fallowing linkhttps://wazirx.com/ to visit the official site and start investing today. This is another best application to invest in cryptocurrency in India.

CoinDCX:

CoinDCX is a well-known app to invest in cryptocurrencies in India. It has a lot of features for both beginners and experienced traders. You can use it to buy and sell different cryptocurrencies.

This Indian application with the tag line “writing crypto growth stories from India for the world” has many special features to offer.

Special features of CoinDCX

(a) Free INR deposits and withdrawal (It provides free deposits and withdrawal and unlimited bank transfer without any charge to its users)

(b) Automated tax report (It generates your crypto tax reports in less then two minutes for its customers)

(c) 24X7 customer support (It provides 24X7 chat support to its users in case of they required any assistance)

This application is one of the leading application in Indian crypto space with more then 1.4 Cr registered users and 500+ crypto assets. Refer the fallowing link https://coindcx.com/ to start investing today. You can definitely consider this application to invest in cryptocurrency in India.

ZebPay:

ZebPay is one of the oldest cryptocurrency apps in India. It’s trusted by a lot of people because it’s safe and easy to use. You can trade many different types of cryptocurrencies on ZebPay. This application also comes under our top 05 recommendation to invest in cryptocurrency in India.

Special features of ZebPay

(a) Simplified trading pro features( The application is filled with advanced charting feature,Instant buy and sell feature , 24X7 support etc.)

(b) Learn about crypto (Specialized crypto courses designed for the users to gather knowledge)

(c) Real time analysis of crypto market (The application provides simple yet powerful dashboard for real time assessment of the market for its users)

With 5.5 millions global users and its expansion to 160+ countries has made it one of the popular crypto application in India. Refer the fallowing linkhttps://zebpay.com/in/ to start investing today.

Bitbns:

Bitbns is a popular app for trading cryptocurrencies in India. It lets you deposit and withdraw money quickly and easily. You can trade many different cryptocurrencies on Bitbns. The application was established in the year 2017, by 2022 the was emerged as one of the largest crypto trading platform in India with whopping more then 70% market share. Refer https://www.bitbns.com/ You may concider

Special features of Bitbns

(a) Safety and security (The application provides various safety futures including pin, fingerprint access because security is the plus.

(b) Automated buy and sell (Bitbns provides the facility to automate your order with advanced tool and features.

(c) Extra Downside Protection (With bracket orders that comes with stop limits it protects inverters from financial loses.

(d) 24X7 customer support ( With all time available customer support it provides assistance to its customers in real time.

With 450 plus digital assets and more then 40 lakhs active users this application is one of the largest crypto exchange in India.

FAQs About Cryptocurrency Investing in India:

1. Is it legal to trade cryptocurrencies in India?
   • Yes, trading cryptocurrencies is legal in India. The Supreme Court of India gave its consent in 2020 that it’s okay to invest and trade cryptocurrencies.
2. What are the risks of investing in cryptocurrencies?
   • Investing in cryptocurrencies can be risky. The prices of cryptourrencies can change a lot, and the market can be unpredictable. However if you follow the right attitude of investing and trading risk can be avoidable
3. How can I buy cryptocurrencies in India?
   • You can buy cryptocurrencies in India using apps like the ones mentioned in this article. You can deposit money into the app and use it to buy cryptocurrencies.
4. Do I have to pay taxes on my cryptocurrency investments?
   • Yes, you have to pay taxes on any money you make from trading cryptocurrencies. The government treats it like income and taxes it accordingly.
5. How can I keep my cryptocurrency investments safe?
   • To keep your investments safe, make sure to use a secure app and enable two-factor authentication. You should also consider using a hardware wallet to store your cryptocurrencies offline.

Conclusion:

Cryptocurrencies are becoming more popular in India, and it’s important to have good apps to trade them. The apps mentioned in this article are safe and easy to use, making them perfect for Indian investors in 2024. By answering common questions about cryptocurrency investing in India, we hope to help you make informed decisions about your investments. Whether you’re new to trading or an experienced investor, these apps can help you navigate the cryptocurrency market with confidence. Good luck readers, your valuable feedback is awaited on the subject.