Top Crypto Centralized Exchanges in India: A 2025 Guide for Smart…
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
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Security and Regulatory Compliance: Protection of funds via cold storage and adherence to AML norms.
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Low Fees: Competitive trading fees and affordable INR deposit/withdrawal options.
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Ease of Use: Intuitive interfaces, especially for beginners.
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Crypto Variety: Access to a wide range of tokens and investment opportunities.
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Customer Support and Liquidity: Quick resolutions and smooth trading experiences.
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Advanced Tools: Options like margin trading, futures, and staking.
Read next: How to file crypto taxes in India
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.
Key Highlights:
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Trade over 200 cryptocurrencies, including BTC, ETH, and XRP.
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Offers spot, margin, and futures trading.
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Registered with India’s Financial Intelligence Unit (FIU).
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Cold wallet storage and multi-layer encryption.
Pros:
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Rich educational resources via CoinDCX Learn.
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Fast INR transactions via UPI and bank transfers.
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Balanced tools for beginners and pros.
Cons:
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Occasional withdrawal restrictions.
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Some advanced features may have a learning curve.
Best For:
Investors who want an all-in-one exchange experience with regulatory trust.
Read next: How to calculate crypto tax in India
Check out the free crypto tax calculator →
2. CoinSwitch – Best for Beginners
Initially an aggregator, CoinSwitch became India’s most popular app-based crypto exchange since its 2017 launch.

Key Highlights:
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Mobile-only with a clean, simple UI.
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Zero trading fees on selected transactions.
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Supports BTC, ETH, ADA, and more.
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Built-in crypto tax calculator for Indian users.
Pros:
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Seamless INR deposit via UPI, NEFT, IMPS.
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Fast KYC and onboarding.
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Perfect for first-time investors.
Cons:
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No desktop version or advanced trading tools.
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Smaller coin selection.
Best For:
Beginners who want a stress-free, intuitive trading experience on mobile.
Read Next: Crypto and GST what you need to know
3. 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.

Key Highlights:
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Spot trading, crypto lending, and staking.
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Fixed-return products for passive income.
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Institutional-grade custody and security.
Pros:
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Excellent regulatory track record.
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Low transaction and withdrawal fees.
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Reliable mobile platform.
Cons:
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Basic interface with limited coin options.
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Lacks high-frequency trading features.
Best For:
Conservative investors and long-term holders prioritizing security.
Read more: 10 best crypto trading bots to use
Choose the Right Platform for Your Needs
Each centralized crypto exchange in India offers something unique:
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CoinDCX balances security and usability.
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CoinSwitch excels in simplicity for beginners.
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ZebPay is ideal for secure, long-term investing.
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.
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