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Top Crypto Centralized Exchanges in India: A 2025 Guide for Smart Investors

Blockstats TeamJun 20, 2025
Top 5 Crypto Centralized Exchanges in India (2025)

India’s cryptocurrency landscape has grown exponentially, with centralized exchanges (CEXs) taking the lead in user adoption. While decentralized platforms gain traction globally, Indian traders still prefer the regulated, secure, and intuitive experience offered by centralized exchanges. 

At Blockstats, we will break down the top crypto centralized exchanges in India—highlighting their key features, advantages, limitations, and who they are best suited for—so you can make an informed decision on where to start or expand your crypto investments.

 

What Indian Investors Look for in a Crypto Exchange?


Before choosing a platform, Indian users typically prioritize

  • Security and Regulatory Compliance: Protection of funds via cold storage and adherence to AML norms. 

  • Low Fees: Competitive trading fees and affordable INR deposit/withdrawal options. 

  • Ease of Use: Intuitive interfaces, especially for beginners. 

  • Crypto Variety: Access to a wide range of tokens and investment opportunities. 

  • Customer Support and Liquidity: Quick resolutions and smooth trading experiences. 

  • Advanced Tools: Options like margin trading, futures, and staking. 

 

Top Centralized Crypto Exchanges in India 


1. CoinDCX – Best All-Rounder Exchange


CoinDCX, founded in 2018, has grown into one of India’s largest crypto platforms with over 15 million users. It caters to both new investors and professional traders.

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Key Highlights: 

  • Trade over 200 cryptocurrencies, including BTC, ETH, and XRP. 

  • Offers spot, margin, and futures trading. 

  • Registered with India’s Financial Intelligence Unit (FIU). 

  • Cold wallet storage and multi-layer encryption. 

Pros: 

  • Rich educational resources via CoinDCX Learn. 

  • Fast INR transactions via UPI and bank transfers. 

  • Balanced tools for beginners and pros. 

Cons: 

  • Occasional withdrawal restrictions. 

  • Some advanced features may have a learning curve. 


Best For:

Investors who want an all-in-one exchange experience with regulatory trust.

 


2. CoinSwitch – Best for Beginners 


Initially an aggregator, CoinSwitch became India’s most popular app-based crypto exchange since its 2017 launch. 


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Key Highlights: 

  • Mobile-only with a clean, simple UI. 

  • Zero trading fees on selected transactions. 

  • Supports BTC, ETH, ADA, and more. 

  • Built-in crypto tax calculator for Indian users. 


Pros: 

  • Seamless INR deposit via UPI, NEFT, IMPS. 

  • Fast KYC and onboarding. 

  • Perfect for first-time investors. 


Cons: 

  • No desktop version or advanced trading tools. 

  • Smaller coin selection. 


Best For:

Beginners who want a stress-free, intuitive trading experience on mobile.

 


3. WazirX – Best for Versatility and Global Access 


Launched in 2018 and acquired by Binance in 2019, WazirX combines local access with global reach. 


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Key Highlights: 

  • Offers spot, P2P, and futures trading. 

  • Interoperable with Binance. 

  • Native WRX token with perks. 

  • Accepts INR via UPI and bank transfer. 


Pros: 

  • Access to global Binance liquidity. 

  • Great for cross-border trading. 

  • Active community support. 


Cons: 

  • Slightly higher trading fees. 

  • Customer support may lag during surges. 

  • Periodic regulatory scrutiny due to foreign ownership. 


Best For:

Traders wanting access to global markets with local convenience. 

 

4. ZebPay – Best for Long-Term Security-Focused Investors 


Established in 2014, ZebPay is a pioneer in Indian crypto with a strong emphasis on safety and long-term investing. 


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Key Highlights: 

  • Spot trading, crypto lending, and staking. 

  • Fixed-return products for passive income. 

  • Institutional-grade custody and security. 


Pros: 

  • Excellent regulatory track record. 

  • Low transaction and withdrawal fees. 

  • Reliable mobile platform. 


Cons: 

  • Basic interface with limited coin options. 

  • Lacks high-frequency trading features. 


Best For: 

Conservative investors and long-term holders prioritizing security. 



5. Bitbns – Best for Altcoin Variety and Passive Income 


Founded in 2017, Bitbns leads in crypto diversity, boasting over 400 cryptocurrencies. 


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Key Highlights: 

  • Massive altcoin selection. 

  • Margin trading, staking, and fixed income plans. 

  • INR support via UPI, IMPS, NEFT. 


Pros: 

  • Frequent new token listings. 

  • Passive income tools for crypto investors. 

  • Advanced trading options. 


Cons: 

  • It may overwhelm beginners. 

  • Limited educational content. 

  • Some offerings may face future regulatory hurdles. 


Best For: 

Experienced users seeking niche tokens and income-generating crypto products.


Choose the Right Platform for Your Needs 




Each centralized crypto exchange in India offers something unique:

  • CoinDCX balances security and usability. 

  • CoinSwitch excels in simplicity for beginners. 

  • WazirX delivers global access with local support. 

  • ZebPay is ideal for secure, long-term investing. 

  • Bitbns serves altcoin enthusiasts and passive income seekers. 


As the regulatory climate continues to evolve, these platforms are staying agile, adding features, complying with laws, and growing India's vibrant crypto scene. Choose the one that best matches your goals, experience level, and investment strategy.