In the past couple of months, ETH has been outperforming Bitcoin, and according to some theories, it is also possible that we might observe a flipping. Hence, WazirX and CoinDCX are two of the five best apps to buy Ethereum in India.
Table of Contents
Summary (TL;DR)
- WazirX has a coin known as WRX that can be secured with INR. WazirX charges a 0.2% fee which applies to both takers and makers.
- CoinDCX allows you to buy and sell up to 200+ trade coins. Moreover, it offers a maker and a taker fee of 0.1%.
- CoinDCX supports INR currency to help you trade ethereum.
- CoinSwitch Kuber allows you to trade in up to 100+ cryptos and also assures the best trading rates in the market for buying ethereum.
- Zebpay offers 50% off the trading fee if you sign up through our link.
- The minimum deposit amount using UPI is Rs 100, and for other forms of payments, it is Rs 1,000.
- Unocoin is known for its easy user interface and assistance for various cryptocurrencies, especially Ethereum.
- Furthermore, Unocoin users are charged a fee of 0.7% on buying and selling ethereum, which is higher than what WazirX compensates.
WazirX
This crypto exchange app lets you trade using several currencies such as BTC, INR, US dollar, and even P2P.WazirXhas a coin known as WRX that can be secured with INR. These WRX coins can be used for investing in other cryptos. One of the most popular features of WazirX is that you can gain coins with the help of distinct contests that are available on the info section of the app. Also, users can safeguard their account through the 2FA or app password that can be enabled from their devices’ settings.
What’s more, isWazirXcharges a 0.2% fee which applies to both takers and makers. You can deposit any amount of coin of more than INR 100 in the WazirX wallet over bank transfer and Mobikwik. The first three have a transaction fee of INR 5.9, whereas UPI transactions go through without any payments. It is available on both Android and iOS devices. To know more about this platform, read our WazirX review.
Visist WazirX
CoinDCX
CoinDCXis identified as one of the most accomplished trading apps for crypto funds in India. It allows you to buy and sell up to 200+ trade coins. In addition, the whole procedure has been abridged with a one-time password (OTP) on your registered mobile number and email address.Moreover, CoinDCXoffers a maker and a taker fee of 0.1%. It has a minimum withdrawal limit of Rs 1,000 without charging any payments. Further, it is available on both Android and iOS devices.
Also, this cryptocurrency exchange app supports INR currency to help you trade ethereum. Moreover, you can deposit money into your bank account with a bank transfer and Mobikwik, or even simple bank transferS. CoinDCX provides a boundless set of safety measures in place to prioritise its users’ safety.To know more, read our CoinDCX review.
Visit CoinDCX
CoinSwitch Kuber
CoinSwitch Kuberallows you to trade in up to 100+ cryptos alongside assuring the best trading rates in the market for buying ethereum. Here, you can use your mobile number to set up an account for trading on the app. Although, you cannot start trading before completing the KYC procedure.
Then, you will receive a four-digit pin code option to secure the account on the app. According to CoinSwitch Kuber, it won’t be necessary for the first 100,000 users on the platform to pay trading fees for 100 days. Its primary user interface and aggressive marketing skills have welcomed traders on board with CoinSwitch Kuber.
This crypto exchange app offers deposits in INR through NEFT, bank transfer, and UPI. However, the platform fails to share details about its protection measures to keep the crypto assets safe.Further, it is available on both Android and iOS devices. To know more, read our CoinSwitch Kuber review.
Visit CoinSwitch Kuber
Zebpay
Zebpay is one of the earliest crypto trading exchanges in the crypto market. You can sign up and fill in your KYC details through your mobile number. This app has an excellent referral program to get up to 50% off on the trading fee. Here, the minimum deposit amount using UPI is Rs 100, and for other forms of payments, it is Rs 1,000. Itslending platformguarantees fixed returns depending on the type and amount of cryptocurrency you hold.
Zebpay charges a membership fee of about 0.0001 BTC every month. However, the exchange platform says that you can avoid the fees by diligently investing in it. Zebpay provides a 0.15% maker fee and 0.25% taker fee as well. But if your trading (buy and sale) happens on the same day, you will be charged a trading fee of just 0.10%. Besides, Zebpay provides free deposits of all cryptos, including Ethereum.
However, if you deposit crypto using UPI, there is a minimum fee of Rs. 15, whereas 1.77% is charged over net banking. Lastly, the platform also charges Rs. 10 for all withdrawals. It is available on both Android and iOSdevices. To learn more about the features of this platform, read our ZebPay Review.
Get 50% off on Trading Fee
Unocoin
Lastly, you have Unocoin, known for its easy user interface and assistance for various cryptocurrencies, especially Ethereum. When you sign up in the app, creating an account and filling in all the KYC details is essential. The exchange platform also includes a program sale feature that lets you auto-sell crypto from your profile tab.
Furthermore, Unocoin users are charged a fee of 0.7% on buying and selling ethereum, which is higher than what WazirX compensates. This amount is suitable for the minimum regulation of 60 days. After that, the app asks for a fee of 0.5% and elevates you to the Gold membership.It is available on both Android and iOS.
Visit Unocoin
Best Apps to Buy Ethereum in India: Conclusion
The cryptocurrency market is not fragile in India and on the other hand, it’s ever-growing. There is a lot of conjecture that the Reserve Bank of India might introduce its cryptocurrency in the future; till then, these best apps to buy ethereum might bring down your craving for the crypto trade. On the other hand, WazirX and CoinDCX are dependable options if you’re looking for trading options in the ether in India.
Frequently Asked Questions
Can I buy Ethereum for 100 rupees?
You can start investing in ethereum with a tiny Rs 100 on any crypto as mentioned above trading assets.
Is it worth buying Ethereum now?
Ethereum’s price could continue rising for weeks, or we could see it pull back. So it isn’t recommended to buy Ethereum to chase short-term gains. But if you think it has long-term potential and you plan to give it at least a few years, then it’s worth a reasonable investment.
What Payment Methods to use to buy Ethereum in India?
Credit Card. You can easily buy, sell, and hold Ethereum at various cryptocurrency trading platforms.
Debit Card. You can easily buy, sell, and hold Ethereum at various cryptocurrency trading platforms.
MobiKwik wallet
Bank transfer
IMPS transfer
Are there fees to buy Ethereum?
Fees for trading ethereum are usually between 0.25% and 0.75%, and buyers tend to pay at a higher rate. Also, the transaction time can vary from thirty minutes to a few hours.
Also, read
- Coinswitch Kuber Review 2021: Best Exchange in India?
- Best Crypto Trading Signals in India [2021]
- Best Crypto to Invest in India in 2021
- Crypto Tax in India: Are you Supposed to do Your Taxes?
- 5 Best Bitcoin exchange in India [2021]
