• The Indian cryptocurrency market is predicted to develop by 9.83% from 2023 to 2027.
• The highest 5 cryptocurrency exchanges in India by person base embrace WazirX, Bitbns, KoinBX, CoinDCX and ZebPay.
• CoinDCX claims to be the cryptocurrency change with the most important variety of tokens listed in India.

In keeping with Statista, an internet world financial knowledge portal, the Indian cryptocurrency market is predicted to develop by 9.83% from 2023 to 2027, leading to a market measurement of 324 million for the sector by 2027. to achieve the greenback. The highest 5 cryptocurrency exchanges based mostly on variety of customers are business. These embrace WazirX, Bitbns, KoinBX, CoinDCX and ZebPay.

Wazir X

Based in 2018, WazirX is acclaimed because the quickest rising cryptocurrency change in India. In keeping with studies, it boasts serving greater than 15 million customers. WazirX is accessible to customers worldwide and presents prompt fiat deposits and withdrawals. The platform has a “Login by way of Binance” choice.

Bitton

Bitbns was based in 2017 and has grown to turn into one of many high cryptocurrency exchanges in India. Bitbns attracts greater than 3 million customers of his. In keeping with Bitbns inner sources, Bitbns is the primary cryptocurrency change to introduce bracket orders. Greater than 468 tokens are at the moment listed on cryptocurrency change platforms, based on knowledge on the web site. Bitbns additionally has a P2P FIAT deposit and withdrawal mechanism.

Additionally learn right here for critiques of different cryptocurrency exchanges.

Coin BX

KoinBX is a world cryptocurrency change with a big presence in India. It’s a platform the place customers can purchase, promote and commerce Bitcoin and different cryptocurrencies. In keeping with knowledge from CoinmarketCap, KoinBX helps 94 crypto tokens that customers can commerce and change on varied markets. There’s additionally a cellular model that enables customers to commerce cryptocurrencies on the go.

Coin DCX

CoinDCX is one other cryptocurrency change launched in India in 2018. It claims to offer prompt zero-fee transactions and a single entry level to a number of monetary companies. In keeping with CoinMarketCap knowledge, CoinDCX helps over 500 completely different tokens and claims to be the crypto change with the most important variety of crypto tokens listed in India. This cryptocurrency change has an estimated person base of over 13 million folks. CoinDCX is backed by a number of traders together with Polychain Capital, Coinbase Ventures, Bain Capital Ventures and HDR Group, which operates BitMEX.

Zebpay

ZebPay can be a high cryptocurrency change with a big presence in India. Based in 2014, it has unfold all around the world. ZebPay has hundreds of thousands of Indian customers who can entry the cryptocurrency change by way of his cellular app or his internet interface. ZebPay additionally has his OTC service out there for giant merchants. In keeping with CoinMarketCap knowledge, 105 completely different crypto tokens are listed on his ZebPay platform. At ZebPay he has over 5 million customers.