Pages to buy cryptocurrencies India 2021
The extraordinary power of digital good
Cryptocurrencies as such have only been around since 2009. Since their introduction, countless new coins have appeared, making the long list of options currently available even longer. This has created a lot of interest in trading cryptocurrencies, while their market prices rise and fall sharply.
In the early days of cryptocurrency, the values of the various currencies, especially bitcoin, fluctuated greatly. Since they are purely digital assets, no direct value could be assigned to them. This meant that their prices fluctuated greatly in the early years. Although this market can still exhibit large fluctuations, it has calmed down somewhat in recent years.
More stable currencies have led to even more traders becoming interested in the market. One of the most popular ways of doing this is through swaps. In these cases, traders exchange one asset for another through the market and hold them for a longer period of time to take advantage of the change in values. Not surprisingly, this has led to an increase in the number of new swaps around the world.
As the market adjusts, so do the exchanges that are available to you
What is a cryptographic exchange?
To evaluate a stock market, you need to know how it generally works
A crypto exchange is a platform where you can exchange one cryptocurrency against another. On most exchanges, you can also exchange your digital assets for other types of assets, such as regular fiat currencies.
In principle, the process is simple enough to understand. You just connect to one of these platforms, enter the currency and the amount you have and want to trade, and start trading. You trade with real people and exchange real goods with them. You can then trade the new goods with other people or hold them until their value grows.
These digital currencies behave just like other assets in the market. They are traded at an approximate market value, which is influenced by a number of external factors, primarily supply and demand. Since cryptocurrencies have no real value, prices are largely influenced by these external factors.
To fund your account on a crypto exchange, you need a crypto wallet. In it, you store your own coins and can then place them on the exchange market. You can fill this wallet with any currency accepted on the exchange, usually with some type of cryptocurrency. This is why most of the top exchanges offer crypto wallets through their own system, to help users protect their money.
After you have loaded this amount onto the exchange, you enter a buy or sell order into the system. This is usually called the order book. This is where all the buy and sell orders are published, so that other traders can check what is happening. It is essentially a service that brings interested parties together. When a party sees a buy or sell order that it wants to participate in, it places the order. Each exchange will operate its market in a slightly different way.
Factors that influence the value of crypto
Digital assets are not based on a tangible resource and have fleeting value.
Before jumping into the major cryptocurrency exchanges, you should take some time to analyze which factors have the greatest influence on the value of cryptocurrencies. While this list can never be truly comprehensive, it is still useful to learn more about how these values can change.
- Limited Supply. One of the largest factors currently affecting cryptocurrency, in particular bitcoin, is a limit on the available supply. This is significant because there is a fixed limit of how many are out right now and how many more can possibly be released. Due to the way crypto is created, the release of more coins becomes increasingly more difficult the closer it gets to the maximum.
For Bitcoin, the maximum possible number of coins to be minted is 21 million. This is a low number for any coin and one of the main reasons why it is so highly valued. When this limit is reached, which will be very soon, there will be fluctuations as the owners of the currency consider what will happen when no more coins can be put into circulation.
- Demand. The other side to the supply of crypto is the relative demand for that specific crypto. The more people that want to have and use cryptocurrency, the higher the value will go, if the supply stays the same. While supply is not fixed, there is an end limit and the demand will react to this as the limit gets closer.
The demand for each cryptocurrency depends on other factors, such as the overall benefits they offer and the regulations that apply to the various coins. Knowing how much interest there is in these coins allows you to predict how much demand will affect the overall value.
- Regulations. Tagging alongside the demand for crypto is the various regulations that have been created for this type of asset. In some regions, there are no regulations at all. This is because they are still relatively new forms of currency and have been less readily adopted by certain institutions. The more regulations that support these assets, the more likely their value will grow because they have more uses.
In other cases, the use of these currencies may be restricted by regulation. This will understandably affect the demand for these goods as they lose some of their real value. The integration of cryptocurrencies will continue to change and grow, attracting and pushing value into the market in various ways.
- Media. The news and other forms of media will always influence the value of assets on the market. This is because these sources of information are often highly valued and affect the way the general public will react to these assets. This affects the demand and subsequently the value of each crypto. Media is also easy enough to follow and react to, which makes it a popular form of trying to predict these price shifts.
There are more factors that influence the value of these goods, so keep them in mind
Overview of Exchanges
There are currently many crypto exchanges and it is harder than ever to make a choice: Each exchange has a similar offering, but with a very unique composition. If you know what to expect from the best exchanges, you can find the one that best suits your type of trading.
A big part of a good crypto exchange is the level of security it offers its customers. This is especially important in an online environment, as most of these exchanges are. How the various exchanges handle this is a good indicator of how much you can trust and rely on them.
The environment in which you operate in the market can be an important factor in your overall experience and success.
Coinbase is a very popular exchange. It was established in 2012, just a few years after the launch of Bitcoin. This exchange is based in the United States and operates with all the necessary regulations that make it certified and reliable. It offers two different accounts, a standard account and a professional version.
Coinbase has fairly high fees unless you use the Pro account. This Pro account also offers more charting features and even some comprehensive indicators that track subtle changes in the market. However, Coinbase offers a number of different cryptocurrencies, so there is a good choice.
Despite the wide variety, there are other exchanges that offer even more variety than this one. Coinbase's system is intuitive to use, so even new users will find their way relatively easy. Insurance policies are also provided to customers to protect their crypto wallets.
Overall, this is definitely a comprehensive crypto exchange that offers all the necessary options, especially for new users. With all the bells and whistles out there, you can be sure that you are in a good environment to work with cryptocurrencies.
|Cryptocurrencies||23 types of digital currencies.|
|Commissies en honoraria||For all transactions under $200 the following fees apply:$0.99 - for transactions under $10;$1.49 - for transactions from $10 to $25;$1.99 - for transactions from $25 to $50;$2.99 - for transactions from $50 to $200.For transactions over $200 a fixed interest rate is applied. The amount depends on the payment method;|
|Wallet||Free mobile and online. The advantage of this wallet is that transactions can be performed off the blockchain;|
|Payment method||Deposits and withdrawals can be made by bank card, by bank transfer, and by a number of payment systems. SEPA credit transfers are available for EU citizens;|
|Security||Two-factor authentication; All website traffic is encrypted with the SSL cryptographic protocol; All wallet keys are protected by AES-256 encryption; Only 2% of your customers' cryptocurrency funds are stored online and are insured in case of loss;|
|Mobile Application||Mobile applications for Android and iOS;|
This crypto exchange has only been around since 2017. Being a relatively young company, they have nevertheless managed to expand their offerings considerably. What is perhaps special about this exchange is the fact that they have deliberately focused their offerings on a wide range of cryptocurrencies, including over 150 options. There are even some options available for fiat currencies, but these are considerably more limited than cryptocurrencies.
Binance has become one of the biggest names in the global foreign exchange market, with huge volumes traded every day. The diversity of its assets and its low fees have made it more than competitive globally. This has led to a significant user base, and as a result, the company continues to grow at an impressive rate.
Users can make deposits using cryptocurrencies or the handful of fiat currencies that Binance allows. This is an often underrated benefit that makes it easier for users around the world to access. Perhaps the only real disadvantage of this exchange is that it has a slightly more complicated structure than other exchanges and may be better suited for those who have experience with crypto systems like these.
|Cryptocurrencies||740 different crypto and fiat pairs, including your own BNB token;|
|Commissies en honoraria||Binance offers competitive trading costs (commissions): 0.1% on each side of the transaction or 0.075% when using their Binance Tokens (BNB);|
|Wallet||Trust Wallet mobile application;|
|Payment method||Bank transfer, debit/credit cards, various P2P payment channels;|
|Security||The exchange has established the CryptoSafe Alliance (CSA). This initiative will bring together exchanges, blockchain protocols, cybersecurity experts and compliance firms. It is the first comprehensive tool to monitor and protect against threats in a decentralized data exchange environment.|
|Mobile Application||A free app is available from the Google Play Store or the App Store.|
Kraken was founded in 2011. After its relatively early establishment, it quickly became one of the most popular exchanges on the euro market. It is highly rated and offers a good mix of altcoins and fiat currencies to trade. This selection of assets may not be their strongest feature, but they offer other means to back this up.
Kraken offers, among other things, impressive graphical tools and even margin trading. This exchange is also aimed at experienced users and the user interface may seem complicated for beginners. You can switch to this exchange when you learn more about the experience and management of these trades.
It is definitely a first-class exchange that offers all the important functions for advanced users. One notable drawback is that there aren't many payment options that you can use to make deposits to your account. There are ways around this, but it is still annoying for some.
|Cryptocurrencies||8 chips are available for trading;|
|Commissies en honoraria||For transactions of less than 50,000 units of a given currency, a commission of 0.16% is charged to the seller and 0.26% to the buyer. For amounts over 50,000 units, the commissions are reduced to 0.14% and 0.24% respectively;|
|Wallet||No crypto wallet is offered on the website;|
|Payment method||Crypto wallets and money transfers via bank transfer. Deposits/withdrawals via bank cards are not possible;|
|Security||The exchange offers users two-factor authentication (2FA), PGP encryption, and a global configuration lock that prevents account changes within a certain period of time;|
|Mobile Application||Kraken Pro and Kraken Futures trading applications.|
Bittrex was launched around the same time as many other exchanges, in 2014. Perhaps the biggest advantage that this exchange offers its users is the wide range of different assets that you can trade. This allows you to diversify your strategies in the market in a major way.
Like many of the major cryptocurrency exchanges, Bittrex has wallets attached to the system that can be used to securely store coins. Bittrex also has extensive security features and technologically advanced software that protect these online wallets and the platform itself.
|Cryptocurrencies||250+ trading pairs are available;|
|Commissies en honoraria||To top up your Euro account is possible via: SEPA transfer; International transfer; Bank card. Fiat Withdrawals to a bank account are possible with an international transfer, and for Euros a SEPA is supported.The withdrawal fee depends on the chosen cryptocurrency: in Bitcoin it is 0.0005 BTC, in Ethereum - 0.00600000 ETH. The website applies a fixed trading fee of 0.25% of the total value of the order;|
|Wallet||No crypto wallet;|
|Payment method||Bank transfer, credit/debit;|
|Security||Two-factor authentication (2FA); IP verification requiring email confirmation of new IP address entry; IP whitelisting; cold storage for 80-90% of goods;|
|Mobile Application||There are two apps for Android and iOS respectively: Bittrex Global and Bittrex.|
Bitmex was founded in 2014 and has grown rapidly thanks to its enticing margin trading offerings. They offer both open and futures contracts, the latter more akin to binary trading than regular exchanges. For futures, they also offer leverage, which allows you to make money quickly, but also lose it all. This environment is perhaps best suited for more experienced users.
Bitmex offers good security, but the registration process is almost too easy. This is a justifiable compromise between extra convenience and some extra risk. Overall, this crypto exchange has become a popular option, especially for margin trading.
|Cryptocurrencies||55 trading pairs;|
|Commissies en honoraria||BitMEX does not charge any fees for deposits or withdrawals. 075% of the total order value, while Creators receive an additional 0.025% for each transaction;|
|Portfolio||Crypto BitMEX portemonnee|
|Payment method||Apart from cryptocurrencies, BitMEX does not accept any other deposits;|
|Security||Funds are stored in cold wallets; Two-factor authentication; Registration via SMS notifications; Multi-signature Wallets for transactions; Email communication is encrypted with PGP encryption;|
|Mobile Application||BitMEX Mobile will be released in September 2020.|
It was founded in late 2012 and is one of the first crypto exchanges ever. It was trendsetting from the beginning and is now known for the trading edge it offers its users. The leverage they offer here allows for significant investments in the market. Like any margin trading, this can be a risky venture, but if you trade well, it can be very rewarding.
Bitfinex doesn't have most of the assets you can trade, but they do have some options for fiat currencies, which they introduced in 2015 to add some variety to their crypto market. This exchange is also available to users around the world.
|Cryptocurrencies||More than 140 currencies and 300 trading pairs;|
|Commissies en honoraria||No extra fees for deposits and withdrawals in digital currency. If you deposit USD, you must pay a commission of 0.1%, but not less than $20;The minimum fee for withdrawing fiat money is $60;With a minimum monthly turnover, the trading fee is 0.1% for the creator and 0.2% for the taker;|
|Portfolio||Users can choose from three wallets - Exchange Wallet, Margin Wallet and Finance Wallet;|
|Payment method||In addition to cryptocurrencies, users can also make bank transfers and withdraw cash with the card.|
|Security||Only 0.5% of crypto assets are kept online to support daily transactions. The rest of the coins are stored in cold wallets, out of reach of hackers. It takes manual approval from several members of the management team to make these wallets available;|
Localbitcoins, another early start in the crypto exchange space, was founded in 2012. This is a unique exchange service that does not focus on volume trading, but operates as a peer-to-peer (P2P) service. This means that while they operate globally, their users traditionally trade more locally.
This platform allows you to meet other traders and make your trades. They provide an escrow account to facilitate these transactions and keep accurate portfolios on their members. This creates an environment of trust, especially for newer traders who are not yet interested in trading large volumes. The exchange rates at Localbitcoins can be a bit high compared to other options.
|Commissies en honoraria||The service does not charge the buyer any commission. For sellers, there is a flat 1% commission on each sale.|
|Payment method||Bank transfers, bank cards, electronic systems;|
|Security||Transaction security is ensured by the escrow method, which has proven to be very effective; user accounts are protected by two-factor authentication.|
Since 2014, Poloniex has developed well as a crypto exchange. Its offerings include over 100 crypto peers and a secure environment where users can manage their trades. Costs are also relatively low, with certain factors coming into play. One such factor is trading volume, where higher volumes are rewarded with lower costs.
They also split the compensation for Maker and Taker in the market. A maker creates the position and a taker closes it. Makers have lower fees, which will likely drive other users to work more positions. There are also other features to help users navigate the platform, from live chat boxes to data analysis tools.
|Cryptocurrencies||100+ casting trim|
|Commissies en honoraria||All deposits are possible without additional fees; withdrawal fees are fixed and depend on the type of cryptocurrency; trading fees range from 0 to 0.25%; brokerage fees range from 0% to 0.15%; withdrawal fees range from 0.1% to 0.25%; the higher the volume of transactions completed in a month, the lower the fees for all subsequent transactions;|
|Payment method||To load an account with a bank card or withdraw money with a card is not possible for users in some countries;|
|Security||The administration strongly recommends that you equip your account with two-factor authentication;|
|Mobile Application||Available at.|
Kucoin is a Singapore-based exchange that was only founded in 2017. Compared to many of the top platforms, it is a young company. However, the developers behind this company certainly have no shortage of experience in cryptocurrencies, and they show this expertise in their platform. As a result, it has grown rapidly and is now used in several countries around the world.
As for security, Kucoin says it has deployed systems equivalent to those used by banks, creating an environment that is protected at the highest level. This is done through extensive encryption and multi-layered authentication. While this is impressive, it is perhaps too early in the career of this young crypto exchange to say how secure it all is.
|Cryptocurrencies||More than 200 currencies and over 450 trading pairs;|
|Commissies en honoraria||All deposits are free on the site and there is a flat fee for withdrawals; KuCoin offers a flat trading commission of 0.10%, which is lower than the industry average.|
|Wallet||Inside the crypto wallet;|
|Payment method||A variety of payment methods supported by P2P fiat services;|
|Security||The Exchange offers you the possibility to establish two-factor authentication via Google Authenticator.|
|Mobile Application||Available at.|
They have a full range of contact options for their support team, and in several different languages. With companies that have not been around as long as many of the others, there are still some risks. However, the longer Kucoin remains without dramatic incidents or security breaches, the more trust it will build with merchants around the world.
This is an exchange based in Austria that was founded in 2014. It was originally called Coinimal, but has since changed its name to Bitpanda. Their entire mission is to make crypto trading as easy as possible for everyone. They use an intuitive platform with easy access and navigation. Whatever they are doing seems to be working, as they currently have over a million users.
Although the focus is on cryptocurrencies, Bitpanda also offers trading in certain metals, such as silver and gold. Bitpanda also has several tools and features that make buying cryptocurrencies even easier. This includes a fully automated trading platform. You can trade between cryptocurrencies and metals, safe in the knowledge that they are secure across Switzerland.
In addition, Bitpanda has many other branches that open up interesting sides of the market to explore. These help with better savings, higher trade volumes, and even come with Bitpanda's own tokens. Like other internal tokens, these can be used for various benefits such as reduced fees on trades. The cost of this trade is relatively low.
|Cryptocurrencies||Bitcoin, Ethereum en 30+ digitale activa;|
|Commissies en honoraria||The commission for trading service depends on the type of currency and the type of transaction. When buying bitcoins you pay 1.49%, when selling - 1.29%; The commission for updating and withdrawing bitcoins is fixed for each currency and is debited from the account;|
|Payment method||You can make a deposit via bank transfer, credit card, or electronic payment systems;|
|Security||Bitpanda refers to systems that independently manage users' wallet keys and also provides the following security measures: Cold storage of the fund;HQ verification. Each login attempt from a new device requires two-factor authentication confirmation; verification and validation via email;|
CoinMama is another good exchange. Founded in the golden age of crypto exchanges in 2013, this company has used its experience to a distinct advantage. It is important to note that while technically still an exchange, there is no actual exchange. Instead, you buy and sell cryptocurrencies on and off Coinmama itself.
They offer a decent range of options in terms of payment goods and services. There are also high limits for buying bitcoin via credit or debit cards. These high limits come with similar costs. The platform itself is multilingual, as it caters to a large global market.
|Cryptocurrencies||Die Plattform vertreibt Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos e EOS;|
|Commissies en honoraria||A 5% service fee is charged when using credit or debit cards, and the platform also charges 3.90% for buying coins and 0.9% for selling them;|
|Payment method||Credit/debit cards and bank transfers; supports SEPA and SWIFT payments;|
|Security||Coinmama is a reputable company with a secure website that uses Trust Guard and Comodo technologies. Both services have confirmed that 256-bit SSL encryption is actively used on pages containing personal information;|
This is another exchange that is ideal for beginners, thanks to its intuitive user interface and global reputation. One drawback to this is that users must have their own crypto wallet. This is not a bad thing, just a bit more inconvenient, especially for new users. Another factor to keep in mind is that the support available is somewhat inadequate and does not offer as much practical help as other providers.
This exchange was founded in 2015 and is based in the United States. The first thing you should know about this platform is that it serves as many countries as possible, but mainly Europe and the United States. This system, which calls itself the "Uber" of crypto exchanges, has a very simple model. The security is of good quality and the service usage rates are quite low.
The main feature of Paxful is that it is another P2P exchange. Each trader on the platform creates his own wallet with the information about his respective trades. This way you can check who you are trading with and make sure you are a trustworthy candidate.
The main disadvantage is that traders can only sell bitcoin on this platform. There are many different payment methods and several currencies are accepted to buy bitcoin, but you can only sell bitcoin. There are no buying fees, but there is a flat 1% fee for each sale. Even with all the payment services that Paxful accepts, the more obscure ones will probably have higher fees in the form of lower exchange rates.
|Cryptocurrencies||Bitcoin en Tether;|
|Commissies en honoraria||Commissions are charged for selling cryptocurrencies:0.5% for wire transfers;1% for debit cards and electronic payments;3-5% for gift cards;No commission is charged for buying cryptocurrencies;Transfer fees are charged for sending money to an external wallet.$0 - $9.99 = 0.0001 BTC $10 - $19.99 = 0.0002 BTC Over $20 = 0.0005 BTC|
|Portfolio||The Paxful Wallet app makes it easy to store and manage coins in your mobile cryptocurrency wallet;|
|Payment method||More than 300 ways to buy coins, including bank transfer, credit and debit cards, PayPal, Western Union, and even Amazon, iTunes or Steam gift cards;|
|Security||The security of the system is ensured by the two-factor authentication, the deposit, and the mandatory verification procedure when dealing with large quantities.|
|Mobile Application||Paxful Wallet for Android and iOS.|
The Danish-based company HitBTC was founded in 2013. The focal point of this exchange lies in the huge number of assets available to its clients. Reportedly, there are over 800 pairs that you can trade. This allows you to trade some of the most obscure and lesser known crypto options in the world. This is ideal for diversifying your investments and benefiting from small increases in each option.
They offer a demo account to test the platform and several other features to make the market even more exciting. One of the most important features that this exchange claims to have worked hard on is the security of its clients. This, of course, is an essential part of any online trading experience. They have high liquidity and allow for a high volume of transactions.
HitBTC only allows you to deposit certain cryptocurrencies and does not accept fiat options for them. However, HitBTC does offer a built-in system that allows you to buy these cryptocurrencies using a debit or credit card as a deposit. Overall, this is a highly rated exchange, and for good reason.
|Cryptocurrencies||800 currency pairs are traded on the platform today;|
|Commissies en honoraria||No commission for deposits and a fixed commission for withdrawals, depending on the currency; HitBTC uses a multi-tiered system to calculate trading costs. The more a user trades, the lower his commission will be;|
|Portfolio||No crypto wallet;|
|Payment method||The HitBTC exchange can only be supplemented with digital currency;|
|Security||The platform offers 2-factor authentication, state-of-the-art encryption technology, and cold storage of funds;|
There are many good crypto exchanges on the Internet. Hopefully you now know what some of these platforms offer and which one suits you best.