10 Best Cryptocurrency Wallet Apps in India
Table of content:
Who can dispute that the term "cryptocurrency" has become a buzzword these days? You'll need the ideal platform to take advantage of the unlimited chances that crypto trading provides. You've come to the correct place if you're looking for the best online apps to start investing in cryptocurrency. This article will discuss the top ten best cryptocurrency wallet apps used by Indians in 2024. Take a peek around!
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Top 10 Crypto Wallet Apps in India
1. WazirX
WazirX is the largest cryptocurrency exchange in India. WazirX, founded in 2018, has risen to become the best cryptocurrency wallet in India. It is a subsidiary of the Binance Group, the world's largest cryptocurrency exchange with customers in 180 countries.
WazirX is seeing significant growth in the number of new users and trading activity, with a monthly volume of $5.4 billion and expanding at an exponential rate.
WRX, the coin of WazirX crypto wallet can be bought via INR. Trade in different cryptos through WRX is possible. In the information part of the app you can find several contests. You can enter these contests to win more coins. Due to the features like App passcode and 2FA settings, it is possible to protect your account.
Pros:
- Good UI
- Reliable security
- Backed by Binance
- Easy to deposit/withdraw money through NEFT, UPI, and P2P
- Indian Exchange
Cons:
- Less trading pairs
- Less Liquidity
- Can't withdraw $BNB to the BEP20 network
- Many coins aren't available for withdrawal
2. Krypto
Krypto crypto wallet is recognized in over 160 countries despite not being as well-known as other bitcoin exchange apps. Its interface is designed to be user-friendly and offers a lot of flexibility to the users. Krypto also offers no trading fees, a quick onboarding procedure, free and rapid fiat withdrawals and deposits, 24-hour customer service, and Gift Cards. It is a member of India's Blockchain & Crypto Asset Council and also one of the best wallets for cryptos in India.
This bitcoin crypto wallet provider is extremely popular in India and almost 150 other countries. Krypto has a simple user interface, and versatility and rapid speed attract users' attention.
Users can also pay with or send cryptocurrencies to any retailer in India using Krypto. It accepts over 100 different cryptos and standard payment methods, like UPI and bank transfers.
Pros:
- Availability of Indian currency exchange
- A wide portfolio of coins
- Easy deposit/withdrawal
- Availability of multiple withdrawal options
Cons:
- Few in-app glitches
- Liquidity issues
3. CoinSwitch Kuber
CoinSwitch Kuber is one of the best multi-cryptocurrency wallets in India. It began in 2017 and presently has a population of over 7.5 million dealers. The site supports over 100 cryptocurrencies, including Bitcoin, Ethereum, Matic, Dogecoin, etc. The exchange is associated with a multitude of cryptocurrency wallets and exchanges. That is why it's considered one of the best cryptocurrency wallets in India.
Beginners can immediately get started because of its straightforward registration and KYC process.
Pros:
- Most trustworthy in India
- Huge client-base
- Keeps adding new coins to the market
- Easy and simple UI
- Option to set upper and lower limits for automatic trade
- Minimal transaction fee
Cons:
- Only one deposit/withdrawal option is available at a time.
4. Gemini
Gemini has a consumer-friendly cryptocurrency wallet that offers a convenient experience to both novice and expert traders. It has industry-leading security measures, its wallet and a thorough helpline centre.
Digital asset insurance protects Gemini's hot wallet. In a data breach or hack, user funds in the digital cryptocurrency wallet are protected.
Gemini has placed a great priority on user security from its inception. It offers several security features and insurance to protect user valuables.
Pros:
- Indian currency exchange is available
- A wide portfolio of coins
- Easy deposit/withdrawal
- Multiple withdrawal options are available
Cons:
- Few in-app glitches
- Complicated UI; needs a bit of practice for the user
5. Unocoin
Unocoin is the first and the safest cryptocurrency wallet in India. This app for exchanging money was created in 2013. The Instant Buy and Sell tool allows you to buy and sell bitcoin instantaneously. Not only that, but you can quickly buy and sell ETH. With over 87 coins listed in India's biggest cryptocurrency wallet, you may accept bitcoin from your pals anywhere. You can purchase and sell Ether or Bitcoin regularly using the Systematic Buying Plan's unique functionality.
Pros:
- Highly reliable trading app
- Quick transactions
- Low transaction fee
Cons:
- No double authentication security
6. CoinDCX
CoinDCX is the most user-friendly platform for buying and selling cryptocurrencies. It is easily one of the most popular crypto wallets in India. CoinDCX users can link their bank accounts to purchase and sell cryptos in INR in seconds via IMPS, NEFT, RTGS, UPI, or one of our linked payment gateways.
CoinDCX's major goal is to make cryptocurrency investment as simple as possible; hence, the software is as user-friendly as feasible.
The priority has been given to making it easier to transfer funds to your CoinDCX crypto wallet.
Pros:
- Easiest and simplest user interface
- Multiple payment options are available
- Quick transactions
Cons:
- High transaction fee
7. BuyUcoin
Cryptocurrency exchange created in the United States BuyUcoin has announced the availability of a systematic investment plan (SIP) for up to ten crypto assets. BuyUcoin has one of India's safest cryptocurrency wallets.
The BuyUcoin SIP can be invested daily, weekly, monthly, or quarterly. The exchange is now offering packaged SIP plans, which allow investors to spread their money over numerous crypto assets.
The exchange accepts Bitcoin, Ethereum, Litecoin, Chainlink, Polkadot, and other cryptocurrencies.
Pros:
- Quick transaction
- Easy UI
- Highly secure wallet
Cons:
- Only net banking is available for transactions in INR
8. BitBnS
For all of your transactions and funds, Bitbns provides a top-notch security platform. All of your payment-related operations are protected by SSL encryption at the cryptocurrency exchange, which is hidden behind thick drapes.
Bitbns provide a seamless cryptocurrency wallet experience by not charging any fees or charges for account creation, maintenance, or storage.
Before signing up, all Bitbns members must go through a strict verification process to authenticate their identity via PAN Card, KYC, and other ID proof.
Bitbns uses a peer-to-peer deposit and withdrawal methodology to provide cryptocurrency users with a seamless and hassle-free trading experience.
Pros:
- High security
- Seamless transaction experience
- Availability of a wide variety of coins
- Easy trading experience
Cons:
- Few in-app glitches
- Not a lot of options are available for deposit/withdrawal
9. Colodax
Colodax is another one of the best crypto wallet providers through which you can invest as soon as the application gets downloaded on your mobile. An easy and fast registration procedure and KYC authentication help you to commence investing without any hassles.
After finishing the verification procedure you can deposit money in INR and start investing in different cryptocurrencies.
Colodax comes with an OTP security feature (email) and a two-step verification facility to the users. To allow the authenticator, you will need to go to the options section. To connect with their support team, you can raise a ticket on their official portal.
Pros:
- Quick transaction
- Easy UI
- Highly secure wallet
Cons:
- Only net banking is available for transactions in INR.
10. Giodux
It is a well-known cryptocurrency exchange in India. Giodux provides one of the best cryptocurrency wallet experiences by not charging any fees or charges for account creation, maintenance, or storage.
Before signing up, all Giodux members must go through a strict verification process to authenticate their identity via PAN Card, KYC, and other ID proof.
Pros:
- Availability of Indian currency exchange
- A wide portfolio of coins
- Easy deposit/withdrawal
- Availability of multiple withdrawal options
Cons:
- Few in-app glitches
- Complicated UI; needs a bit of practice for the user
Conclusion:
Based on this best cryptocurrency wallet list, we can see that every crypto exchange has its own advantages and disadvantages. So, depending on your requirement, knowledge of crypto and trading skills, select any of these top crypto wallets and start earning money.
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