Wazirx is the most popular cryptocurrency exchange in India. KYC is mandatory to start trading crypto on Wazirx. Users can set up 2FA for increased security. WRX is the exchange token of the Wazirx exchange. App platforms. Wazirx has a good user interface. Wazirx has both web. Quick buy option for beginners. About 229 cryptocurrencies are supported to trade on Wazirx. Wazirx also has the highest trading volume among all the cryptocurrency exchanges in India.
Crypto Trading Pattern
Cryptocurrency exchanges are the platforms that allow users to buy and sell cryptocurrencies. The number of cryptocurrency investors in India has gone up in the last two years. You can trade crypto in India without any hassle. To choose a cryptocurrency exchange, you should have to check supported cryptocurrencies, deposit and withdrawal options, trading fees, and security features of the platform. Investing in Bitcoin and other cryptocurrencies have been made easy by cryptocurrency exchanges. Crypto exchanges act like stockbrokers except you do not need a Demat account to buy cryptocurrencies.
Mobile app platforms to trade. The interface is not bad. There are many other cryptocurrency exchanges and platforms to buy cryptocurrency in India but these are good to start your cryptocurrency journey. Binance and Kucoin are international exchanges and do not provide deposit or withdrawal options in INR. You have to transfer crypto across exchanges and sell them in Wazirx and cash out in INR. BTC, ETH, LUNA, AVAX, XRP, SHIB are the most traded cryptocurrencies on Kucoin. KYC is not mandatory in Kucoin if your withdrawal is less than 1 BTC per day. Feel free to comment if you have any doubts regarding the information mentioned above. More than 590 cryptocurrencies are supported on Kucoin.
