Best Crypto Exchanges in India (October 2026): 16 Ranked
We checked which crypto exchanges, brokers and apps accept residents of India, which hold a local licence, and which exclude the country in their own terms. 16 are ranked below; 18 well-known platforms are not available there.
By Vahe Hakobyan Updated How we rank No affiliate links · no paid places
Which crypto exchange is best in India?
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#18.2/10
Binance
FIU-IND registered VDA service provider (offshore reporting entity under PMLA)
Taker fee0.10%
LicenceRegistered
App ratings103K
Read review
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#27.7/10
KuCoin
FIU-IND registered VDA service provider (offshore; registration reported in March 2024, number not published)
Taker fee0.10%
LicenceRegistered
App ratings3K
Read review
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#37.4/10
Bybit
FIU-IND registered VDA service provider (offshore reporting entity; registration reported in 2025, number not published)
Taker fee0.10%
LicenceRegistered
App ratings5K
Read review
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#47.1/10
Mudrex
FIU-IND registered VDA service provider (reporting entity under PMLA)
Taker fee— Not verified
LicenceRegistered
App ratings6K
Read review
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#57.0/10
CoinDCX
FIU-IND registered VDA service provider (reporting entity under PMLA), Neblio Technologies Pvt Ltd
Taker fee— Not verified
LicenceRegistered
App ratings45K
Read review
All 16 platforms for India, ranked
Scores out of 10 from seven published criteria. A dash means the value is not verified yet.
| # | Platform | Score | Taker fee | Local licence | App ratings | Review |
|---|---|---|---|---|---|---|
| 1 | BinanceExchange |
8.2 | 0.10% | Registered | 103K | Review of Binance |
| 2 | KuCoinExchange |
7.7 | 0.10% | Registered | 3K | Review of KuCoin |
| 3 | BybitExchange |
7.4 | 0.10% | Registered | 5K | Review of Bybit |
| 4 | MudrexExchange |
7.1 | — Not verified | Registered | 6K | Review of Mudrex |
| 5 | CoinDCXExchange |
7.0 | — Not verified | Registered | 45K | Review of CoinDCX |
| 6 |  CoinbaseExchange |
7.0 | 0.50% | Registered | 2K | Review of Coinbase |
| 7 |  CoinSwitchExchange |
6.8 | — Not verified | Registered | 61K | Review of CoinSwitch |
| 8 |  SunCryptoExchange |
6.8 | — Not verified | Registered | 434 | Review of SunCrypto |
| 9 |  WazirXExchange |
6.8 | — Not verified | Registered | 54K | Review of WazirX |
| 10 |  Delta Exchange IndiaDerivatives |
6.7 | — Not verified | Registered | 23K | Review of Delta Exchange India |
| 11 |  UnocoinExchange |
6.6 | — Not verified | Registered | 2K | Review of Unocoin |
| 12 |  ZebPayExchange |
6.4 | — Not verified | Registered | 7K | Review of ZebPay |
| 13 |  BitbnsExchange |
6.3 | — Not verified | Registered | 975 | Review of Bitbns |
| 14 |  GiottusExchange |
6.3 | — Not verified | Registered | 1K | Review of Giottus |
| 15 |  KoinBXExchange |
6.0 | — Not verified | Registered | 167 | Review of KoinBX |
| 16 |  Pi42Derivatives |
6.0 | — Not verified | Registered | 142 | Review of Pi42 |
Crypto regulation and how we rank in India
Buying, holding and trading crypto is legal for Indian residents, but crypto itself is unregulated: no licence regime exists, and the Government says crypto products and NFTs carry no regulatory recourse. Since March 2023 every virtual digital asset service provider (VDA SP) serving Indian users, whether onshore or offshore, must register with the Financial Intelligence Unit India (FIU-IND) as a reporting entity under the Prevention of Money Laundering Act, 2002 (an AML registration, not a licence); FIU-IND reported 31 registered VDA SPs on 28 December 2023 and 50 on 1 October 2025. FIU-IND issued show-cause notices to nine unregistered offshore exchanges on 28 December 2023 and asked MeitY to block their URLs, then on 1 October 2025 sent notices and app/URL takedown orders to 25 more offshore platforms; Binance, KuCoin, Bybit and Coinbase were fined or warned and have since registered. Tax: gains on VDAs are taxed at a flat 30% and a 1% TDS applies to transfers.
Each platform gets a score from 0 to 10. Access and the local licence carry the most weight; security, fees, the range of coins and products, the number of ratings of its app in the local App Store and the quality of the data make up the rest. Only official sources are used: the platforms' own terms and the regulator's public register. A dash means we could not verify a value.
- Access in India20%
- Local licence20%
- Security record15%
- Cost15%
- Range10%
- Popularity15%
- Data quality5%
Popular exchanges not available in India
These platforms exclude residents of India in their own terms, or the regulator has barred them. They are listed for reference only, without ranks or sign-up links. Using a VPN or false details to get around a restriction breaks the platform's terms and can end with a frozen account.
BingXExchange
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
BitfinexExchange
FIU-IND, 28 Dec 2023: wrote to MeitY 'to block the URLs of said entities that are operating illegally' without PMLA compliance.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
BitMEXDerivatives
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
BitrueExchange
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
Bitstamp by RobinhoodExchange
FIU-IND, 28 Dec 2023: wrote to MeitY 'to block the URLs of said entities that are operating illegally' without PMLA compliance.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
CEX.IOExchange
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
ChangellyOn-ramp
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
CoinExExchange
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
GateExchange
FIU-IND, 28 Dec 2023: wrote to MeitY 'to block the URLs of said entities that are operating illegally' without PMLA compliance.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
HTX (formerly Huobi)Exchange
FIU-IND, 28 Dec 2023: wrote to MeitY 'to block the URLs of said entities that are operating illegally' without PMLA compliance.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
KrakenExchange
FIU-IND, 28 Dec 2023: wrote to MeitY 'to block the URLs of said entities that are operating illegally' without PMLA compliance.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
LBankExchange
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
LocalCoinSwapP2P
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
MEXCExchange
FIU-IND, 28 Dec 2023: wrote to MeitY 'to block the URLs of said entities that are operating illegally' without PMLA compliance.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
OKXExchange
OKX notice to Indian users (March 2024): services discontinued, withdrawal-only after 30 April 2024; not registered with FIU-IND.
Source: techcrunch.com/2024/03/21/crypto-exchange-okx-ceases-service… · checked Oct 6, 2026
PhemexExchange
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
PoloniexExchange
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
PrimeXBTDerivatives
FIU-IND, 1 Oct 2025: takedown of 'the application/URLs' of entities 'operating illegally without complying with the relevant provisions of the PML Act'.
Source: pib.gov.in/PressReleasePage.aspx · checked Oct 6, 2026
Crypto exchange rankings in other countries
FAQ
Is crypto trading legal in India?
Buying, holding and trading crypto is legal for Indian residents, but crypto itself is unregulated: no licence regime exists, and the Government says crypto products and NFTs carry no regulatory recourse. Since March 2023 every virtual digital asset service provider (VDA SP) serving Indian users…
Which crypto exchange is best in India?
There is no single best platform for everyone. In our data Binance has the highest score, followed by KuCoin and Bybit. Compare fees, the local licence and the coins you need.
Is Binance available in India?
Yes. FIU-IND fined Binance Rs 18.82 crore on 19 June 2024 for operating unregistered; binance.com/en-IN now shows 'FIU-IND Registered' and the app is live in the Indian store (2026-10-06).
Is Coinbase available in India?
Yes. Coinbase says it is registered with FIU-IND; on 31 May 2026 it launched INR deposits and withdrawals via IMPS with spot and perpetual futures for Indian customers.
Is Bybit available in India?
Yes. FIU-IND fined Bybit Fintech Rs 9.27 crore on 31 January 2025; Bybit then registered and its app (Bybit Fintech Limited) is live in the Indian App Store as of 2026-10-06.
Are crypto exchanges insured?
Crypto held on an exchange is generally not covered by deposit insurance. Check what the platform says about client asset protection, and consider a wallet you control for long-term holdings.
How often is this ranking updated?
Monthly. Each platform shows the date its status in India was last checked, with the source.
Not financial advice. This page is general information. Crypto prices are volatile and you can lose everything you put in.
How we make money. World-Crypt has no affiliate links on this page and earns nothing when you open an account. No platform has paid for its place.
Corrections. Found an error? Write to us through the contact page with the platform and the source.