In this article, I will discuss the best P2P crypto exchanges in India, highlighting their features, security measures, and user experiences.
As the cryptocurrency market continues to grow, finding a reliable platform for peer-to-peer trading has become essential for both new and experienced traders. Let’s explore the top options available to ensure safe and efficient trading in India’s dynamic crypto landscape.
What Is a P2P Crypto Exchange?
P2P (peer-to-peer) crypto exchange, users can purchase and sell cryptocurrencies amongst themselves without the help of an intermediary – this is a huge revolution. Such transactions are routed through a secure platform which ensures escrow services are often provided by both parties.
Maximally P2P exchanges seek to achieve by linking buyers and sellers so as to level the trading environment, enable users to set payment methods, negotiate on terms and trade without many of the constraints prevalent in regular exchanges.
Key Points & Best P2p Crypto Exchange In India List
Platform | Key Features |
---|---|
WazirX | Indian exchange, wide range of cryptos, Binance integration |
CoinDCX | Indian platform, crypto investing, and lending options |
ZebPay | Long-established Indian exchange, mobile-friendly |
UnoCoin | First Indian crypto exchange, Bitcoin wallet and trading |
Bitbns | Indian exchange, crypto loans, and staking |
CoinSwitch | Multi-exchange aggregator, simple for beginners |
1inch Network | Decentralized exchange aggregator, smart contract routing |
EMCD | Cryptocurrency mining pool, mostly BTC and LTC |
CoinDhan | Indian exchange, easy KYC, focus on new traders |
StealthEX | Non-custodial, privacy-focused, no account required |
Bybit | Derivatives and futures-focused, popular for leverage trading |
BingX | Social trading features, futures, and derivatives |
KuCoin | Global exchange, wide range of assets, staking, and lending options |
CoinCola | P2P trading platform, supports Bitcoin, mainly in Asia |
Bisq | Decentralized exchange, privacy-focused, no KYC |
LoCoins | Local crypto exchange, beginner-friendly, India-focused |
Paxful | P2P platform, focus on fiat-to-BTC trades |
Deepcoin | Derivatives trading, copy trading, extensive global reach |
ProBit Global | Large selection of altcoins, supports many countries, staking |
Biconomy.com | Gasless transactions, developer-friendly, multi-chain infrastructure |
20 Best P2p Crypto Exchange In India
1.WazirX
WazirX is one of the best P2P crypto exchanges in India. This exchange provides a steady and easy way to purchase and sell cryptocurrencies with other users. It’s operations are known for it’s speed of transactions of crypto assets as well as it’s integration with Binance and good security functions.
WazirX removes the hassle of transferring Indian Rupees in and out of the platform. Hence it is the best exchange for traders in India as they can be at ease in a high volume crypto market with low fees.
Features WazirX
- Wide selection of cryptocurrencies available for trading.
- User-friendly mobile app for seamless trading on the go.
- Low trading fees with competitive rates for transactions.
- Integrated with Binance for enhanced liquidity and services.
- Strong security features, including two-factor authentication and cold storage.
2.CoinDCX
Coindcx is among the top P2P crypto exchanges in India which makes it easy for users looking to have easy, safe trading with a number of cryptocurrencies.
It allows users to deposit and withdraw INR instantaneously, also has a straightforward KYC process, consolidates high liquidity and is easy to use for starters while also providing advanced features like lending and staking making it one of the preferred exchanges in India.
Features CoinDCX
- Supports a vast range of cryptocurrencies and tokens for trading.
- Instant INR deposits and withdrawals for quick transactions.
- Simple and fast KYC verification process for users.
- Offers advanced trading features like margin trading and lending.
- Educational resources and tutorials to help beginners understand crypto trading.
3.ZebPay
ZebPay is definitely one of the renowned and trusted P2P crypto exchanges operating in India which most of the Indian users trust ZebPay due to its reliable customer services & good security measures as well.
ZebPay is known to have a simple mobile application with a little withdrawal fee coupled with a solid reputation. ZebPay’s easy-to-use mobile application, and low fees for withdrawals as well. It certainly caters Indian users cryptocurrency transactions smoothly.
Features ZebPay
- Long-established reputation as one of India’s first crypto exchanges.
- Intuitive mobile app for convenient trading on smartphones.
- Low withdrawal fees, making it cost-effective for users.
- Strong focus on regulatory compliance and security measures.
- Offers features like recurring buys and market orders for trading flexibility.
4.UnoCoin
UnaCoin is India’s first P2P crypto exchange which has made it extremely easy to buy Bitcoin and other popular cryptocurrencies without the need to worry about the safety of the platform.
It is known for its Bitcoin Systematic Investment Plan (SIP) feature which is popular among its clients and also offers high levels of security which makes transactions of INR effortless on its platform and allows for a variety of payment methods being used at the same time making it a good option for both rookie Indian crypto traders as well as seasoned ones.
Features UnoCoin
- Specializes in Bitcoin trading with an emphasis on easy access for Indian users.
- Unique Bitcoin Systematic Investment Plan (SIP) feature for regular investments.
- Provides a secure wallet for storing Bitcoin safely.
- Allows users to buy and sell Bitcoin with various payment methods.
- Offers real-time pricing and alerts for market updates.
5.Bitbns
Bitbns allows you to perform trading and lending with no hassle as well as purchase/sell crypto currency including, crypto loans and stake options. It has an easy-to-use interface, quick transactions and processing as well as low fees.
This makes it a perfect platform for the beginner and advanced trader. Its other services such as P2P trading and lending allows it to be a good fit for the Indian crypto enthusiasts.
Features Bitbns
- Supports a wide variety of cryptocurrencies for trading.
- Offers crypto loans and margin trading for enhanced trading options.
- User-friendly interface designed for both beginners and experienced traders.
- Quick INR deposits and withdrawals for convenient transactions.
- Provides a peer-to-peer trading platform for direct user transactions.
6.Coinswitch
One such exchange with great features is CoinSwitch whose app and verbal services are also available in India and their API is also in demand.
The crypto exchange with the leading 24 hour trading volume globally and PrimeXBT in a few weeks will widen its offering and thus make the most of these distinctions.
The exchange where volumes are automatically maодe up by providing easy access to artificial expams and custom market makers, etc.
Features Coinswitch
- Allows users to swap cryptocurrencies across multiple exchanges without account registration.
- Offers a large selection of cryptocurrencies for seamless trading.
- No trading fees, making it cost-effective for users.
- Provides a simple, intuitive interface suitable for beginners.
- Integrates with various wallets to facilitate easy transactions.
7.1inch Network
1inch Network is considered to be the best decentralized p2p crypto aggregator in India which offers the best trade rates by consolidating liquidity from various DEXs.
Being low fee, robust smart contracts with rich DeFi functions, it caters a good platform for experienced users wanting better cross DApps trading of crypto currencies, which makes it an appealing option in the Indian dfis market.
Features 1inch Network
- Aggregates liquidity from various decentralized exchanges for optimal trading rates.
- Features a user-friendly interface for efficient trading experience.
- Offers advanced trading tools, including limit orders and stop-loss functions.
- Implements smart contract technology for secure transactions.
- Supports multiple blockchain networks, enhancing cross-chain trading capabilities.
8.EMCD
EMCD is one of the most developed bitcoin and litecoin mining pools for users with focus on India. The platform offers a properly structured mining infrastructure, reasonable fees and efficient transactions
Which in turn creates a good environment for Indian traders. It is ideal for users who want to do both btc and litcoin mining and trade at once as well.
Features EMCD
- Offers a reliable mining pool focused on Bitcoin and Litecoin.
- Provides competitive fees for mining and trading activities.
- Supports a range of cryptocurrencies for users to engage with.
- Features a user-friendly platform for both novice and experienced miners.
- Ensures strong security measures to protect user assets and data.
9.CoinDhan
In India, CoinDhan is becoming a popular P2P crypto exchange which aims to be intuitively easy to use. This platform interacts users with simple and quick verification KYC , a number of payment alternatives, and paves a way for trading novices
Who want easy to use systems. For the Indian market, it represents an ideal entry point into the crypto-economy due to its dependable INR funding and safe platform.
Features CoinDhan
- Features an intuitive interface which makes it easier for the user.
- It has fast KYC verification which helps in quick registration process.
- Offers several deposit and withdrawal options for easier transactions.
- It has a separate application for mobile trading.
- User funds are protected through advanced security measures.
10.StealthEX
StealthEX is one of the best P2P exchanges operating in India since it is a non-custodial exchange focused on privacy. Here users don’t have to register accounts to exchange a variety of cryptocurrencies.
StealthEX provides a safe and user-friendly trading experience for Indian users with no KYC necessities which makes it suitable for users who are looking for complete privacy while trading cryptocurrencies since the transactions are done instantly making this exchange a good fit.
Features StealthEX
- Allows you to exchange cryptocurrencies in seconds without signing up.
- Allows trading in a great number of different cryptocurrencies.
- Gives attention to privacy which does not require KYC and personal information.
- Guarantees excellent exchange rates and does not charge anyone any extra fees.
- The interface is simple enough for new users and efficient enough for seasoned traders.
11.Bybit
Bybit is one of the best and leading P2P crypto exchange in India focusing largely on derivatives and leverage trading. It provides great features, low fees and an interface simple enough for novice traders and advanced enough for professionals.
Bybit has a strong emphasis on security as well as high liquidity which makes it possible for Indian users to use dynamic trading strategies on different coins offered on a platform.
Features Bybit
- Derivatives and futures trading with leverage options is the primary area of focus.
- Offers advanced analytical tools to their clients including amcharting package.
- Intuitive and simple design that suits novice and professional users alike.
- Ensures an easy-to-use application for its users and allows trading while on the go.
- Focuses on security with multiple signature wallets and advance encryption methods.
12.BingX
BingX is a cutting-edge and relatively new P2P crypto exchange in India which provides excellent social trading features along with its simple user interface.
Traders can use the strategies of established traders without high fees while trading on the platform. With vast array of cryptocurrencies available and emphasis on security, BingX offer Indian users fully functional site whether they are beginners or professionals.
Features BingX
- Has a demo account available for users to trade under without putting their finances at risk.
- Trades in a wide range of cryptocurrencies making it possible for a multiplicity of trading options.
- Provides users with a straightforward interface that is easy to use.
- Has strong security systems that help safeguard the clients’ assets.
13.KuCoin
KuCoin is one of the top P2P crypto exchanges in India. Traders get to choose from a huge range of currencies and enjoy advanced trading features. KuCoin is a good choice for novices and experienced traders who want to trade at low fees and experience high volumes.
The platform offers different types of services, ranging from spot and margin futures trading combined with a secure trading environment which is perfect for Indian crypto users.
Features KuCoin
- Gives customers a wide variety of cryptocurrencies and trading pairs.
- Has sophisticated futures, margin as well as staking trading.
- Comes with a simple mobile application that allows you to trade 24/7.
- Uses a referral program to compensate users actively introducing new traders.
- Has very good security measures such as 2FA and cold storage options.
14.CoinCola
Indians are now able to trade cryptos on one of the most secure exchanges in the world, CoinCola. CoinCola works on the P2P model which means that users profit off one another with no fees and is governed by traders.
Because of that, traders are able to buy and sell an array of INR pairs without a problem. CoinCola has been known for its reliability and security over the years which adds to the ease of experience for Indian traders.
Features CoinCola
- It emphasizes peer-to-peer trade which is the direct trade between members.
- Facilitates diverse means of payment to increase flexibility in transaction.
- It has easy access for novices since it has friendly guidance.
- Features an escrow system in order to secure the transactions.
- Employs minimal service costs enabling users to trade at lower costs.
15.Bisq
Bisq is a decentralized P2P crypto exchange active in India which allows users to trade Bitcoin and other cryptos without a third party involved. As privacy and security are vital to Bisq,
There is no need for registration or KYC, thus enabling the user to trade anonymously. Because of its simple interface and its focus to decentralization, it provides an Indian trader an efficient and secure way to participate in active crypto trading.
Features Bisq
- This is a trustless system that allows p2p trading without the need for fee paying brokers.
- Does not need registration or KYC thus keeping the user’s identity and privacy intact.
- Clients are able to buy and sell currencies for multiple fiat currencies worldwide.
- Provides an escrow safeguard to protect the transactions of the parties involved.
- P2P trading can be initiated in this system wherein users are participating in the governance.
16.LoCoins
LoCoins is a simple P2P crypto exchange in India which is suitable for both those just starting out as well as experienced traders. It provides an easy-to-use interface for exchanging multiple kinds of digital currencies at the most economical rates.
With various modes of payment and faster KYC, LoCoins offers an effortless environment for trading. Its emphasis on safety and convenience makes it quite appealing to the Indian cryptocurrency users.
Features LoCoins
- Delivers a straightforward user interface for trading in cryptocurrencies.
- Allows deposits and withdrawals in INR without any difficulties.
- Has an array of cryptocurrencies to meet the varied preferences in trading.
- Provides a range of basic educational materials to aid novice users in trading in crypto.
- Shores up the safety of users their funds and data by employing stringent security measures.
17.Paxful
Paxful is one of the most popular P2P crypto exchanges in India which deals mostly in Bitcoin and has numerous payment options. It is renowned for its easy interface through which people can buy or sell without paying any commission and allowing for complete effortless engagements.
The platform lays emphasis on the security aspect by incorporating an escrow system into its infrastructure making it a go-to platform for Indian customers who desire convenience and freedom in the way they conduct their crypto trading.
Features Paxful
- Concentrates in trading Bitcoin for different payment methods without the need for a centralized exchange.
- Ensures that no single user can cheat another by providing an escrow system.
- Permits purchasing and trading of Bitcoin at low transaction service charges.
- Trades can be made with ease and comfort with a simple interface provided.
- Includes a reputation system which is usefull in picking reliable trading partners.
18.Deepcoin
Deepcoin is a growing P2P crypto exchange in India that is easy to use, allowing its users to trade cryptocurrencies (Derivatives, Spot Trading) on the platform. It has low trading costs and high earning potential which makes it suitable for all types of users, be it a beginner or an expert.
Deepcoin also pays great attention to its safety and offers various advanced trading features which makes it a trustworthy option for Indian users who want to start entering the world of crypto.
Features Deepcoin
- Is focused upon derivatives trading with multiple options for its users.
- Has an easy to use interface crafted for both, beginner as well as seasoned traders.
- Has reasonable trading costs and discounts for traders dealing with a huge volume.
- Comes with a great mobile app to support trading anytime and everywhere.
- Adopts stringent security practices such as cold wallets and two factor authentication.
19.ProBit Global
ProBit Global is regarded as one of the popular P2P crypto exchange in India with a significant range of crypto assets and low fees. Its interface is simple and convenient for beginners and more skilled traders as well.
ProBit Global has numerous trading features, high level of protection, and multi-language platform which can be suitable for Indian clients who wish for more trading options in a safe manner.
Features ProBit Global
- Features a variety of digital assets as well as a large number of trading pairs.
- Provides clients with sophisticated features like margin and futures trading options.
- Has a rather simple web interface which even a novice or less skilled person can utilize.
- Deploys a customer loyalty programme that benefits active traders.
- Maintains high security standards with protections of assets and regular audits.
20.Biconomy.com
Biconomy.com is a unique professional peer-to-peer cryptocurrency exchange in India which enables transactions across different decentralized applications.
It offers gasless transactions and improves the experience for traders and developers. Strong security features with easy adoption makes Biconomy.com online platform ideal for Indian users who want to conduct effective and secure cryptocurrencies transactions.
Features Biconomy.com
- Aims to simplify interactions between users and decentralized applications even when users decide not to spend gas.
- Helps developers integrate their tools and services with minimal disruption to the end user.
- Offers cross-chains capabilities which allow suers to move from one blockchain to other for transaction.
- Supports simple use cases for both developers and end users.
- Addresses security issues by ensuring all relevant smart contracts are audited and protocols put in place.
Are P2P Exchanges Safe To Use?
Yes, the majority of P2P exchanges that have a good reputation do take pretty high precautions against their users. They implement various security measures such as escrow accounts, which involve holding the cryptocurrency while both parties complete a transaction, and two-factor authentication (2FA).
Furthermore, user reviews and ratings are of xcritical importance when determining the trustworthiness of a trading partner which might help deceive users, providing ways to shield them and their assets during the transactions.
Here Are Key Points To Consider When Picking The Best P2P Crypto Exchange In India
Security Measures: Scrutinize the security platform of the exchange, including two-factor authentication, cold storage facilities, and encryption methods.
User Interface: Advanced functionalities are appealing provided the interface doesn’t confuse a newbie wanting to start trading.
Cryptocurrency Selection: Find out the coin that the user would wish to work with and see if the exchange supports such currency.
Payment Methods: Consider the possible methods of payment, such as bank transfers and UPI, as well as other native ones.
Fees and Charges: Check the amount fixed for trading, and other services to ensure uniform pricing is undertaken in the market.
Liquidity: Examine if the trades done through the exchange have a low spread or none at all due to the level of liquidity of the exchange.
Customer Support: Use the platform in question and go through the support section on it to see how many people have been helped efficiently and in a reasonable period.