India's crypto landscape is continually evolving, particularly with the introduction of new regulatory frameworks, including the Financial Intelligence Unit – India (FIU-IND) registration, Payment Aggregator norms, and periodic compliance updates. Whether you're a seasoned trader or a curious beginner, choosing the right crypto exchange is crucial for security, trading fees, deposit methods, and overall experience.
In this comprehensive guide, we'll walk you through the top 10 crypto trading platforms in India as of August 2025, detailing:
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Regulatory compliance (especially FIU-IND registration),
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Supported assets and services (spot, derivatives, staking),
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Fees (maker/taker, deposit/withdrawal),
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Unique features (user interface, domestic payment support),
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Pros & cons, and
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Direct links to each platform.
1. CoinDCX
Regulatory Status: FIU-IND registered — CoinDCX was the first Indian exchange officially registered, ensuring alignment with anti-money laundering (AML) and the Prevention of Money Laundering Act (PMLA) .
Key Features:
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Extensive asset range: 100+ cryptocurrencies,
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Advanced tools: margin, futures, DeFi strategies,
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Educational hub and staking options.
Fees:
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Maker fee: 0.10%
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Taker fee: 0.15%
Pros:
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Strong regulatory backing,
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Wide asset selection,
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Pro-level tools for day traders.
Cons:
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Slightly higher fees than some niche players,
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UI might be overwhelming for new users.
Link: CoinDCX
2. CoinSwitch Kuber / CoinSwitch PRO
Regulatory Status: FIU-IND registered; as emphasized on their platform: “registered with Financial Intelligence Unit-India (FIU-IND)” .
Key Features:
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CoinSwitch Kuber: user-friendly, Indian-first UX for fiat deposits via UPI,
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PRO version: deeper orderbook, advanced charts,
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Vast asset availability (100+ coins listed).
Fees & Charges:
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Deposit/withdrawal costs vary by method; PRO offers zero deposit fees + 2% cashback on crypto transfers .
Pros:
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Seamlessly designed for beginners,
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Strong promotional offerings.
Cons:
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Vivacious UI may lack pro-level charting tools on the basic Kuber version.
Link: CoinSwitch
3. WazirX
Regulatory Status: Not clearly documented as FIU-IND registered on public sources; former operations under Zanmai Labs (Binance collaboration) .
Key Features:
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Pioneering Indian platform with a large user base,
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Peer-to-peer INR deposits and withdrawals,
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Futures trading in addition to spot markets.
Fees:
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Competitive but dynamic; varying by trade tier and current promotions (not clearly listed like CoinDCX).
Pros:
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Strong brand recognition,
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Broad user community.
Cons:
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Registration clarity and compliance status not fully transparent,
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Centralized withdrawal issues in past regulatory challenges.
Link: WazirX
4. ZebPay
Regulatory Status: Not explicitly confirmed as FIU-IND registered via public documentation.
Key Features:
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One of the oldest Indian players,
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Offers spot, futures, and upgrades based on trading volume tiers.
Fees:
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Varies by VIP level. For futures:
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VIP0: Maker fee ~0.045%, Taker fee ~0.080%
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VIP1: Maker ~0.035%, Taker ~0.065% .
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Pros:
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Reward system via volume-based tiering,
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Legacy platform with established trust.
Cons:
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VIP thresholds may be high for average traders,
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Compliance documentation unclear.
Link: ZebPay
5. Giottus
Regulatory Status: While not clearly marked as FIU-IND registered, Giottus is proactively positioning itself on compliance, including KYC, PEP screening, and Chainalysis integrations .
Key Features:
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“India's Best Crypto Exchange 2025” recognition,
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Fast onboarding and fiat support.
Fees:
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Flat fee of 0.30% per trade (plus 18% GST), unless futures (zero-fee promotion until Sep 30, 2025) .
Pros:
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Straightforward fee structure,
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Futures promotions great for active users.
Cons:
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Lacks broader FIU-IND clarity,
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Higher normal trading fee on spot.
Link: Giottus
6. Unocoin
Regulatory Status: Not clearly listed as FIU-IND registered publicly.
Key Features:
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Dynamic fee built on transaction volume,
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Focus on long-term holding, plus bill payments via crypto.
Fees:
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Base transaction fee: 0.5% + IGST (18%) .
Pros:
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Trusted brand with “crypto-based utility” features.
Cons:
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Fee structure not ideal for frequent trading.
Link: Unocoin
7. BuyUcoin
Regulatory Status: No FIU-IND listing found.
Key Features:
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Curated top gainers list,
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Intuitive buying/selling with limited advanced tools.
Fees:
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Not publicly standardized; varies by trading instrument.
Pros:
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Smooth onboarding.
Cons:
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Low clarity on fees or regulatory compliance.
Link: BuyUcoin
8. Bitbns
Regulatory Status: Not clearly FIU-IND listed.
Key Features:
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Comprehensive services including spot, margin trading, and staking.
Fees:
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Variable across trading categories (not fully on open domain).
Pros:
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Rich features for a broad crypto portfolio.
Cons:
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Fee opacity.
9. Mudrex
Regulatory Status: FIU-IND details not prominent.
Key Features:
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Algorithmic crypto strategies,
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Easy automation for portfolio management.
Fees:
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Strategy-based fee ~0.2% .
Pros:
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Ideal for passive investors aiming for systematic strategies.
Cons:
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Less suitable for manual traders.
10. Others to Watch: Flitpay, KoinBX
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Flitpay: RBI Payment Aggregator, with blog updates on FIU-IND context but lacks public listing among registered exchanges .
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KoinBX: Fees and regulatory clarity not widely documented.
Given the limited verified data, these platforms might be reserved for emerging or speculative picks.
Comparative Table
| Platform | FIU-IND Status | Fee Structure | Strengths | Weaknesses |
|---|---|---|---|---|
| CoinDCX | Registered | Maker 0.10%, Taker 0.15% | High compliance, many coins & tools | Slightly higher fees |
| CoinSwitch | Registered | Deposit/withdraw vary + cashback | Beginner-friendly, UPI, fast | Higher fees on advanced versions |
| WazirX | Not clearly | Dynamic, bundled fees | Huge userbase, P2P INR | Regulatory opacity |
| ZebPay | Unclear | Maker 0.045–0.035%, Taker 0.080–0.065% VIP tiers | Legacy platform, tier benefits | High thresholds, unclear reg |
| Giottus | Compliance-focused | 0.30% + GST; futures 0% till Sep 2025 | Strong UI, futures promo | Spot fee high, FIU-IND unclear |
| Unocoin | Unclear | 0.5% + 18% IGST | Easy-to-use, crypto utility features | Expensive for frequent traders |
| BuyUcoin | Unclear | Variable, not transparent | Simple interface | Lack of fee/regulatory clarity |
| Bitbns | Unclear | Varies by trade | Rich crypto features | Fee opacity |
| Mudrex | Unclear | ~0.2% strategy fee | Automated strategies | Not for active traders |
| Flitpay / Others | Not listed | Varies or undefined | FIU-IND updates (Flitpay) | Insufficient trading-specific data |
Closing Thoughts & Recommendations
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Prioritize compliance: CoinDCX and CoinSwitch stand out with official FIU-IND registration, making them safer starting points.
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Fee-awareness: Frequent traders may gravitate toward ZebPay (VIP discounts) or CoinDCX for transparency; casual users may prefer CoinSwitch or Giottus for promotions.
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Match features to your style:
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Pro traders: CoinDCX, CoinSwitch PRO, ZebPay
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Passive investors: Mudrex (strategies), Unocoin (HODL-focused)
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Futures fanatics: Giottus (0% fee promotion); ZebPay
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Newbies: CoinSwitch Kuber, Unocoin, BuyUcoin
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Final Note
The crypto sphere in India is dynamic. While this guide is accurate as of August 2025, platforms regularly update their fees, services, and compliance status. Always check the latest announcements on each platform's official website before you dive in.
These posts are for educational purposes only.
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