by 5 best government approved crypto trading apps in India, compiled here. India, is gradually being recognized for its immense participation in matters of cryptocurrency. Therefore, it is vital for the government to enforce mechanisms and policy which will ensure that the crypto apps comply with the policy before they are recognized by the government. The main aim for this is to ensure consumer protection, so that the consumers who are the citizens receive quality services.
Furthermore, with government approved apps investors will receive value for money, the rate of fraud and crime related activities are eliminated so that the owners of the app remain accountable to the state In case the app fails to deliver. Accountability, remains to be a great anchor in which the government relies on.
This ensures that companies who fail to comply can be sued for their malpractice and the victims can be reinstated. With this mechanism in place, the government of India is able to operate smoothly and give the very best to its citizens.
This article, provides the 5 best government approved crypto trading apps in India, so that you can gain more insight into the subject and be empowered. They are:
Also read Best crypto trading apps
Table of Contents
Delta Exchange
Delta exchange, had to top the list of 5 best government approved crypto trading apps in India because of it’s incredible features, it has two authentication factor program, which ensures that the security of the investor is highly protected from frauds, on top of that, it has been designed to have a cold storage of the crypto which protects users fund and information. Based on this, delta exchange hardly experiences data leakage of its customers a clear indication on why you should consider working with them.
No hacker has been able to access their system. Crypto, is heavily affected by fraud activities, thus if you are able to identify an app that will shield you from this type of malicious harm, then embrace it. Delta does exactly that. It shields you. So that, your data will be exactly how you’ve designed it to be, allowing you to have total control over your crypto investment. If confidentiality, is what you seek then consider dealing with Delta exchange. No doubt it’s one of the 5 best government approved crypto trading apps in India.
UnoCoin
Unocoin deserves to be part of our 5 best government approved crypto trading apps in India. It has it’s headquarters in India. It is approved by the government and has overtime achieved the test of numbers. It has handled more than 11.7 million transactions, from 2013.
This gives a clear insight on their experiences with users, they are determined to ensure customer satisfaction. In addition,It has variety of features in place to ensure, the smooth running of investment like the dynamic and competitive gas fees for high volume trading investors, which gives them an upper hand.
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Most importantly, it has more than eighty different digital currencies on the platform to ensure that investors are spoiled for choices. This enables them to choose the currency that works for them. Finally, it’s vital to note that, all users are reimbursed 15% of their trading fees once they sign up. Interesting, right? This guarantees you of part of your money being sent back, therefore you have something to rely on. Unlike other apps which do not reimburse any amount to their users thus exposing them to nothing to rely on. Check them out!
Zebpay.
Zebpay, was established in 2014, it is operational in India and has been approved by the government of India. It is a trading company, that has handled over $10 billion transactions since it’s inception. The team has been well trained to handle more than 5 million users as from 2020, since it is accessible to all.
Their customer service is par excellence, they aim to ensure customer satisfaction. Therefore be rest assured that once you contact them they will provide you with solutions for all your cryptocurrency questions and problems.
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One distinguishing feature with Zebpay, is the fact that it enables rapid payment with less fees of the maker. This enables the user to make profit. You will never be disappointed with Zebpay! It is available in India, Singapore and Australia. We had to include it in our 5 best government approved crypto trading apps in India.
WazirX
WazirX, is one of the 5 best government approved crypto trading apps in India. It is recognized as one of the most recognized crypto app with a statistics of more than 12 million users. It has a distinguishing feature, which is multifaceted. Thus, it enables the user to engage in various activities like, trading, managing, managing and tracking digital assets. All in one place. Talk of convenience, WazirX is your go to.
Furthermore, it offers Android, web, iOS and windows app thus users get to choose what they are comfortable working with. This features have led WazirX to be ranked as one of the fastest growing apps. The user friendly designs that are put in place, make it easier for both beginners and advanced members to check their trading charts.
CoinSwitch.
CoinSwitch, has one main goal to simplify cryptocurrency for the ordinary people to trade easily. No doubt it’s one of the 5 best government approved crypto trading apps in India. This platform has been ranked as one of the most dependable apps. Their mission is, “ To challenge the status quo.” This gives every individual an opportunity to be financially independent without a degree or inherited wealth. It equips you with the tools necessary to change your financial game. Beginners prefer this app, because of its policies.
It does not impose any trading fee for the Bitcoin transactions, this makes it affordable for the ordinary citizen to engage with it.
Moreover, the government of India has approved it, so it’s convenient and safe to use. With over 80 cryptocurrencies you have plenty of choice to pick from and experiment. Therefore, with consistent practice you’ll identify the best ones to use which yield profit. Above all, CoinSwitch has implemented strong password measures in it’s system.
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This ensures that the data of the users are highly protected and confidential, therefore your information will never leak with this app in place. It facilitates that, through the usage of 2FA and OTP, the two mechanism provide a double authentication precaution so that confidentiality is upheld. With the app, be guaranteed of both deposits and withdrawals being free. So why not? Try CoinSwitch for the best experiences. It’s absolutely one of the 5 best government approved crypto trading apps in India.
