Top 7 Crypto Exchanges for Indian Citizens in 2026 (Regulated & Safe)
India's crypto market is booming. Over 100 million people now own digital assets, but finding a reliable exchange isn't easy. With regulations evolving, many platforms shut down or restrict access. In 2026, only a few exchanges fully comply with Indian laws while offering smooth INR transactions. Here's a no-nonsense list of the top crypto exchanges for Indian citizens you can actually use.
CoinDCX: India's First Crypto Unicorn
CoinDCX is India's first cryptocurrency unicorn. Launched in 2018, it now supports over 200 cryptocurrencies. Trading fees start at 0% for spot trades and go up to 0.06%. The platform accepts UPI, IMPS, NEFT, and RTGS for deposits and withdrawals. CoinDCX also offers margin trading with 5x leverage and uses multi-signature wallets with insurance coverage. Their DCX Learn platform helps new users understand crypto basics. Big companies like Instagram and Mozilla trust similar security measures.
WazirX: Binance's Indian Arm
WazirX was bought by Binance in 2019. It serves over 15 million users with 300+ cryptocurrencies. Fees range from 0.1% to 0.4%, but holding WRX tokens lowers them. The platform supports UPI, net banking, and IMPS. WazirX has strong security with two-factor authentication and regular proof of reserves. Their mobile app is highly rated, and customer service is available in multiple Indian languages.
CoinSwitch: Simple and User-Friendly
CoinSwitch started as a crypto aggregator but now operates as a full exchange. It offers over 250 cryptocurrencies with spot trading fees of just 0.04%. The platform uses UPI and bank transfers for INR deposits. CoinSwitch focuses on simplicity, with a clean interface designed for beginners. They emphasize education and regulatory compliance, making it a go-to for first-time traders.
Binance India: Global Powerhouse, Localized
Binance India is the Indian version of the world's largest exchange. It lists over 350 cryptocurrencies with 1,590 trading pairs. Spot trading fees are 0.10%, and it supports UPI, bank transfers, and debit cards. Binance India leverages the parent company's security infrastructure while adapting to Indian regulations. It's ideal for users who want access to global markets with local payment options.
Mudrex: Portfolio-Based Investing
Mudrex stands out by offering crypto portfolios called Coin Sets instead of just individual trading. It supports 669 cryptocurrencies with a flat 0.25% trading fee. The platform uses UPI and bank transfers for INR transactions. Mudrex is perfect for long-term investors who want automated strategies. It avoids complex trading interfaces and focuses on safety and simplicity.
ZebPay: The Veteran Choice
ZebPay is one of India's oldest exchanges, launched in 2014. It offers 217 cryptocurrencies with fees between 0.15% and 0.25%. The platform supports UPI, IMPS, NEFT, and RTGS. ZebPay provides crypto lending services and prioritizes security with cold storage and regular audits. Its longevity in India's volatile crypto market shows it can adapt to regulatory changes while keeping users safe.
Paxful: Peer-to-Peer Specialist
Paxful operates as a peer-to-peer exchange, connecting buyers and sellers directly. It supports Bitcoin, Ethereum, Tether, and USD Coin. Buyers pay no fees, while sellers pay 1%. The platform accepts over 350 payment methods, including UPI and gift cards. Paxful has a $10 minimum deposit (around INR 800) and strong KYC checks. It's great for users who want flexibility in payment options or need to trade smaller amounts.
How to Choose the Right Exchange for You
- If you're new to crypto, try CoinSwitch or Mudrex for simple interfaces and education.
- For advanced trading with leverage, CoinDCX or WazirX offer better tools.
- If you need multiple payment methods, Paxful supports the widest range.
- For large-scale trading, Binance India has the deepest liquidity.
- Always check if the exchange has INR support and complies with Indian KYC/AML rules.
| Exchange | Fees | Payment Methods | Unique Features |
|---|---|---|---|
| CoinDCX | 0% to 0.06% | UPI, IMPS, NEFT, RTGS | Margin trading (5x), DCX Learn |
| WazirX | 0.1% to 0.4% | UPI, NetBanking, IMPS | WRX token discounts, P2P trading |
| CoinSwitch | 0.04% | UPI, Bank Transfer | Beginner-friendly interface |
| Binance India | 0.10% | UPI, Bank Transfer, Debit Card | 1,590 trading pairs |
| Mudrex | 0.25% | UPI, Bank Transfer | Coin Sets for automated investing |
| ZebPay | 0.15% to 0.25% | UPI, IMPS, NEFT, RTGS | Crypto lending, long-term security |
| Paxful | 1% (sellers only) | 350+ methods including UPI | P2P marketplace, low minimum deposit |
Are crypto exchanges legal in India?
Yes, but only regulated exchanges comply with Indian laws. The Reserve Bank of India (RBI) and Financial Intelligence Unit (FIU) require all platforms to follow KYC and AML rules. The exchanges listed here are fully registered with FIU-IND and operate legally in India as of 2026.
Which exchange has the lowest fees?
CoinDCX has the lowest spot trading fees at 0% for certain trades. However, fees vary based on trading volume and payment method. For example, WazirX lowers fees for users holding WRX tokens. Always check the fee structure before trading.
Can I use UPI for deposits?
Yes, all major exchanges listed here support UPI for deposits and withdrawals. This includes CoinDCX, WazirX, CoinSwitch, Binance India, Mudrex, ZebPay, and Paxful. UPI is the fastest way to move INR between your bank and exchange.
What's the safest exchange for beginners?
CoinSwitch and Mudrex are safest for beginners. CoinSwitch has a simple interface with educational resources, while Mudrex focuses on automated portfolios instead of complex trading. Both have strong security protocols and are registered with Indian regulators. Avoid platforms that don't clearly state their compliance status.
Do these exchanges support all cryptocurrencies?
No, each exchange has a different selection. Binance India lists over 350 coins, while Paxful only supports four major cryptocurrencies (BTC, ETH, USDT, USDC). CoinDCX and WazirX offer the widest variety with 200+ and 300+ coins respectively. Always check the available coins before signing up.
