Crypto Currency -:
Crypto currency is actually a means of financial transactions. Exactly like the Indian Rupee and the US Dollar, the only difference is that it is virtual and not visible, nor can you touch it. That’s why it is also called digital currency. Cryptocurrency remains the hottest issue of the present time. While its popularity has increased across the world, the number of people investing in it has also increased in India.
Bitcoin :- There is a good cryptocurrency to buy bitcoin and it is currently running at number 1 in the market and the people who have invested in it have also made a lot of profit. Recently bitcoin has also crossed 60k US$ margin. have taken
Ethereal :- Ethereum is second after bitcoin and is one of the top crypto currency to invest in 2022 and it may even beat bitcoin
Solana :- Solana is one of the top Cryptocurrency for crypto investors to benefit from digital wallet. It is one of the best cryptocurrency that is known for its effective, censorship-resistant blockchain as well as being widely adopted globally.
Tether :- Tether is a stable currency because it does not fluctuate in the market, it connects the value to Euro or US Dollar.
Binace coin :- binace coin is used for payment of trading fee and transaction facilitating services and it is likely to give good profit in 2022
The Best crypto currency Exchange apps in india 2022
- Coinswitch Kuber
- WazirX
- CoinDCX
- ZebPay
- Binance
Charges in cryptocurrency
Whenever we invest, it comes to our mind that this money will be able to come out and if it comes out, then it should be easy to get out. The charge you are seeing in the table seems to be working, but even after being in decimal it is too much because 0.0006BTC = ₹1450
Based on these charges, the cheapest coin switch is followed by binance and coin DCX and the most expensive is wazirX and zeb pay
Platforms | INR Deposit | BTC WIthdraw |
WazirX | ₹4-6 | 0.0006BTC |
CoinSwitch | ₹0 | 0 |
CoinDCX | ₹0 | 0.0005 BTC |
ZebPay | ₹5-15 | 0.0006 BTC |
Binance | ₹0 | 0.0005 BTC |
Maker and taker charges
Platforms | Maker Fee | Taker Fee | Other Charges | |||
WazirX | 0.20% | 0.20% | 0 | |||
CoinSwitch | 0 | 0 | 1-2% Hidden | |||
CoinDCX | 0.20% | 0.20% | 0 | |||
ZebPay | 0.20% | 0.20% | 0.0001BTC/MONTH | |||
Binance | 0.20% | 0.20% | USD TO INR |
Suppose you have placed an exchange order for something, ether, buying and selling and if that thing gets exquited soon then it has taker charges. If it is not exited soon then maker fee is charged on it, normally taker fee is more than maker fee. But all these have kept the maker and taker fees the same.
Coin switch has 0 ₹ maker and taker fee but other charges are more in it so it is expensive
Compare
Any trading app should be such that the interface should be good, now we compare these apps. Binance is the world’s most downloaded app, it has 10M download
Platforms | App Rating | No. of Ratings | Downloads | |||
WazirX | 3.8/5.0 | 168K | 1M+ | |||
CoinSwitch | 3.5/5.0 | 105K | 5M+ | |||
CoinDCX | 3.9/5.0 | 30K | 1M+ | |||
ZebPay | 3.3/5.0 | 81K | 1M+ | |||
Binance | 4.4/5.0 | 258K | 10M+ |
Ease of use
EHow easy is the exchange to use coin switch is easy to understand and its cost is also low and it also has some hidden charges.
Platforms | Easy of Use | Functionality |
WazirX | 3.0/5.0 | Intermediate |
CoinSwitch | 4.5/5.0 | Beginner |
CoinDCX | 4.0/5.0 | Intermediate |
ZebPay | 3.5/5.0 | Intermediate |
Binance | 3.0/5.0 | Advance |
If you are new to trading then you should use coinswitch or coinDCXGo