We reviewed Indian
Cryptocurrency Exchanges for online investment in Bitcoin and alternate
cryptocurrencies and revealed that WazirX is at the top due to its user-friendly
interface, easy to track orders, Charts, Day high and low values of cryptocurrencies,
order volume vs prices, transactions tracked history, manage orders, cancel all
order in single click, about 71 coins in INR and more than 150 in USD, etc. although
the brokerage (Maker and taker) fees/ charges are little bit higher
than other Indian cryptocurrency exchanges.
Compare WazirX Vs CoinDCX Vs Zebpay review 2022 |
Compare WazirX Vs CoinDCX Vs Zebpay Cryptocurrency exchange review 2023: Charges and Bitcoin interface
If
you want to make money online by trading cryptocurrency in India and
you don't know how to choose the right Indian cryptocurrency exchange, you
have come to the right place because here you will find the unbiased
review of the three India's most popular cryptocurrency
exchanges that allow you to trade Bitcoin and alternate cryptocurrencies
securely.
The
cryptocurrency
market is highly volatile compared to the traditional stock market and
this volatility creates opportunities to make profits on every trade, as price
changes allow traders to buy cryptocurrencies at low prices
and sell them at a high price.
Here
we have reviewed the most popular Indian cryptocurrency exchanges i.e. WazirX Vs CoinDCX Vs Zebpay and
compared the key points which we find very important based on our experience
and our in-depth study of the exchanges software uses. It will definitely help
you choose the right cryptocurrency exchange and would be
the right choice for you for the safest, fastest, smoothest and most
reliable trading in Bitcoin and Cryptocurrency.
WazirX Vs CoinDCX Vs Zebpay Comparison
Key parameters |
CoinDCX Go |
Zebpay |
|
Number of Coins/token (cryptocurrencies) available for trading in INR |
More than 71 and adding continuously |
42 cryptocurrencies are available for trading |
29 Cryptocurrencies are available for trading |
Number of Coin/token available for trading in USD |
More than 158 and adding continuously |
Not Available, you cannot buy coins in USD, transaction
allowed in INR only. Cannot be track directly from App |
Not Available, you cannot buy coins in USD, transaction
allowed in INR only. Cannot be track directly from App |
Number of Coin/token available for trading in BTC |
More than 30 and adding continuously |
Not Available, you cannot buy coins in BTC, transaction
allowed in INR only. Cannot be track directly from App |
Not Available, you cannot buy coins in BTC, transaction
allowed in INR only. Cannot be track directly from App |
Limit (preferred buy price) and Stop loss feature
interface while placing order |
Limit is customize while placing Buy
or Sell order but you cannot put stop loss |
Both the functions not available. You have to Buy or Sell at
market value/ price. |
Both the functions are available and
appreciated |
Trade order (buy and sell orders) traceability,
modification and cancellation |
Can be traced easily, can be revised
easily, can be cancel individually as well as can be canceled all the order
in single click |
Can be trace
easily, but no feature to cancel all the order in single click |
Cannot be trace
easily, you have to search for coin, remind and recall in your mind, you
cannot cancel all order in single click. VERY POOR TRACIBILITY |
Know “Day high and Day low” for placing order in desired
price |
Perfect charts are available with
clear marking of day high and low, you can check the Volume vs order prices
to make your decision to place your order in desired price. |
Similar to WazirX
but not perfectly in chart/graph, difficult to judge the correct value. |
Very poor charts/ graphs. |
Owner and Collaboration |
Own
by Binance, world leader in Cryptocurrency exchange. Integrated with Binance,
Bitcoin, Elrond, Harmony |
Independent Integrated with Binance, CoinMarketCap,
HitBTC, Harmony and OKEx |
Independent Not support from other global exchanges |
Users |
Top in India Maximum number of users, its 24 hour trading volume was $ 218
million |
Less compare to both |
Lowest |
Mobile App support to |
Support to all applications including Windows,
Mac, SaaS iPhone, iPad, Android |
Support well to Mac
and Android only |
Support well to SaaS iPhone, iPad, Android
only |
App refresh time |
Very fast |
Fast |
Slow |
Deposit and Withdrawal |
It was easiest through IMPS/NEFT/NETBANKING/ UPI/
P2P but since May 2021, the net banking stopped due to some banking partner
issue. Now only UPI and P2P Deposit are enabled. There is no problem in withdrawal, deposit in few
seconds |
Via MobiKwik UPI only. Deposit is complicated and facing some issues for
new users.
Money deposited and withdraw within seconds. |
Via net banking NEFT/IMPS
Very good
Money deposited and withdraw within
seconds |
Customer support |
24/7 Live Support Via online email only Not much appreciated |
24/7 Live Support Via online email only And it is moderate |
Only in business hours Via online email only And it is moderate |
Charges |
HIGH as compare to others Maker charges = 0.23% Taker charges = 0.20% Deposit and withdraw fees = Rs. 5 per transaction |
Lowest one and will be decided on type
of grouping/ club
Maker charges = 0.04 to 0.06% Taker charges = 0.06 to 0.08% Deposit and withdraw fees = FREE |
MODERATE as compare to others Maker charges = 0.15% Taker charges = 0.25% Deposit and withdraw fees = Rs. 7.5 per deposit and Rs.
10 per withdrawal transaction |
Safety, Security and Legal |
Legal, Safe, Most Secured and most trusted |
Legal, Safe, Secured |
Legal, Safe, Most Secured |
Server speed and load taking capacity. Overall user-friendly features, tracking, traceability,
app speed, etc. |
At top and there is no comparison with any other cryptocurrency
exchange in India, never get overloaded and there is no downtime even though
schedule maintenance is carried out |
Good |
Very poor interface, every time server gets down,
there is always issue of deposit and withdrawal during panic selling in
market. |
Final word WazirX Vs CoinDCX Vs Zebpay review 2022
After detailed review of WazirX, CoinDCX
and Zebpay, we concluded that WazirX is the most popular crypto-currency
exchange in India based on its user-friendly interface, the ease of use and the
availability of a large range of cryptocurrencies in the INR series, USDT, WRX
and BTC. Just like Binance coin from the world's largest cryptocurrency
exchange, WazirX also has its own “WRX” coin. This shows its leadership in
India and its international influence in regulating the cryptocurrency market
in India.
WazirX is owned by Binance, the largest crypto-currency exchange in world, which increases the future aspects of WazirX in India. WazirX is most reliable; secure, fastest, no downtime, handling highest traffic and liquidity, supporting all transactions and the confidence in the legitimacy of volumes of transactions. For more detail visit WazirX.
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