7 BEST Crypto (Bitcoin) Wallet in India 2024

Cryptocurrency is a growing market that is catching the interest of the modern generation. You need a crypto wallet to store and trade Bitcoin as well as Altcoins. Most crypto wallets these days are loaded with features that enhance the process of trading cryptocurrency. The top bitcoin wallets in India usually have two-factor authentication to keep them secure.

There are many indian crypto wallets in the market, hence, it can be difficult to choose an online wallet app for your crypto storage needs. I researched 43+ best crypto (Bitcoin) wallet in India, and I spent 138+ hours to make sure that you get the most insightful and unbiased recommendations. Following is a curated list of top crypto wallets in India that are easy to use and super-secure. Discover the features, pros and cons, and read the full article to find exclusive, well-researched insights. Read more…

Best Crypto Wallets in India: Top Picks!

1) Uphold

Best for trading and discovering new tokens

Uphold is one of the best Bitcoin wallets in India. It offers an Options Chain for trading BTC, XRP and ETH options. I can trade the big players like Bitcoin, Dogecoin, Ethereum, etc.

The KYC requirements include a photo of ID issued by the government, a full legal name, and a selfie. The platform does not support NFTs, DeFi, dApps, or margin trading.

Features:

• Token Support: Uphold offered me a broad range of tokens with the earliest token support available. I could access 26 underlying exchanges to find the best token prices.
• Advanced Trading Features: I received advanced trading features like take profit and trailing stop loss to enhance my trading strategy.
• Blockchain Support: Uphold supports various blockchain networks such as ERC-20, TRC-20, Polkadot, Solana (SPL), Cardano, Ripple, and 20+ others.
• Automatic Transactions: It helped me set up automatic, recurring transactions for dollar-cost averaging, a great way to invest steadily.
• Customer Support: It offers assistance through email and a contact form for user inquiries and issues.

Visit Uphold >>

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2) Binance

Best crypto platform in India

I explored Binance and discovered it to be an amazing platform in India. The tool is one of the easiest ways to trade and store cryptocurrencies. I would recommend this wallet to anyone who is looking for the best option in crypto wallets.

Features:

• Trading Reliability: Binance’s cutting-edge, world-class matching engine ensured that my crypto trades were executed swiftly and accurately, with precision and speed. This resulted in quick, reliable, and seamless trading experiences, allowing me to capitalize on market opportunities with confidence.
• User-Friendly Interface: I discovered that Binance’s interface is exceptionally easy to navigate and highly intuitive, making it a pleasure to use. This seamless user experience allowed me to buy Bitcoin effortlessly and efficiently without any hassle or confusion.
• Security and Trust: According to my research, Binance has earned the trust of millions of global cryptocurrency users due to its robust multi-tier system architecture, which provides a secure and reliable trading environment. 
• Liquidity: Binance is the top dog in crypto trading. It’s where the action happens, with massive volumes and a huge selection of coins to trade.

Visit Binance >>

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3) CoinDCX

Best crypto investment app in India

During my analysis, I found CoinDCX to be India’s safest crypto exchange. CoinDCX has been a game-changer for crypto investors since 2018, tackling the tough problems that held them back. Now, it’s easier than ever for anyone – from casual traders to big institutions – to invest and trade crypto I could access all the features quickly, which was impressive.

Features:

• Secure Data Encryption: It allowed me to encrypt all my sensitive data, including passwords and personal information.  This gives users total peace of mind, knowing their assets are super secure and protected.
• Low-Fee Crypto Trading: CoinDCX enabled me to trade cryptocurrency with exceptionally low fees, making transactions not only fast and effortless but also highly cost-effective.
• Cold Wallet Storage: For your peace of mind, I’m pleased to share that 95% of the funds on this platform are stored in cold wallets, providing an extra layer of security and protection for your assets.
• Safe Crypto Portfolio: As per my research, CoinDCX is a safe and secure gateway for building a strong, diversified, and profitable crypto portfolio.

Visit CoinDCX >>

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4) Mudrex

The most transparent and easy-to-use digital asset platform

I tested Mudrex and found it great for beginners. It provides an easy way to understand crypto investing. I found its guides to be clear and simple to understand. This makes it a top choice for beginners in crypto. As per my observation, this tool is also great for learning the basics and planning long-term investments. I particularly appreciate how it explains every step of the crypto journey.

Features:

• Secure Multi-Sig Wallets: Mudrex gave me a huge sense of security with their multi-signature wallets. I finally felt at ease knowing my digital assets were super protected and safe from unauthorized access.
• User-Friendly Interface: The incredibly intuitive and user-friendly interface of the platform made it remarkably easy for me to navigate and manage my cryptocurrencies. This simplicity and efficiency saved me time and effort.
• Automated Trading Bots: The trading bots on Mudrex were a game-changer – they nailed even the most complex strategies with precision and consistency. I saw a huge boost in my trading performance, even on crazy market days.
• Advanced Analytics Tools: The advanced analytics tools offered incredibly detailed and actionable data to inform my trading strategies. It helped me refine my approach and optimize my trading performance for better outcomes.
• Educational Resources: Mudrex had a wealth of educational resources that really helped me grasp crypto trading strategies and trade with confidence.
• Portfolio Diversification: I could diversify my investment portfolio by spreading it across a wide range of crypto assets, minimizing risk, and maximizing potential returns. I could create a more balanced and resilient portfolio for long-term financial goals.

Visit Mudrex >>

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5) Pionex

Best crypto investment app in India

I reviewed Pionex and found that it is one of the safest crypto exchanges in India. Pionex focuses on making crypto accessible. Established in 2018, it has solved numerous problems faced by crypto investors. It offered me investing and trading solutions for crypto products to retail, HNI, and enterprise customers. 

Pionex is a versatile cryptocurrency platform that supports a wide range of coins, including BTC, ETH, BTG, DASH, XRP, ADA, NEO, TRX, and more. As a hot wallet, I could access it on multiple platforms, such as Windows, MacOS, Android, and iOS. Pionex offers round-the-clock chat support and a request submission system for user queries. As per my research, there was a modest deposit fee of 0.05% and a withdrawal fee of 0.0005BTC. Users must undergo mandatory KYC verification before transacting.

Features:

• Data Encryption: The platform’s advanced encryption technology helped me safeguard all my sensitive data. I could encode my passwords, personal information, and financial details with unbreakable cryptographic algorithms. 
• Decentralized Exchange: Being able to access Pionex’s decentralized exchange provided me with secure and independent trading options, free from third-party interference. 
• Low Trading Fees: It lets you trade cryptocurrencies with exceptionally low fees (0.05%), enabling fast and effortless transactions that save you time and money.  
• Cold Wallet Storage: A staggering 95% of the funds on this platform are securely stored in cold wallets, providing an additional layer of protection against cyber threats and unauthorized access. 
• Simple Crypto Portfolio Building: According to my research, it is a safe and simple gateway that helps you build a robust cryptocurrency portfolio easily. It is perfect for both beginners and experienced traders looking to grow their portfolios easily.

Visit Pionex >>

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6) BingX

Best for Security

BingX is a cryptocurrency exchange featuring a social trading network. I dug into BingX and loved that it had everything I needed – spot, contract, indices, and commodities trading. I was also impressed by their constant flow of new coins to trade, it kept me on top of the market.

Features:

• Wide Range of Cryptocurrencies: With BingX, I gained access to a vast and diverse array of over 700+ cryptocurrencies. BingX opened up a world of trading possibilities for me. I could explore different assets, manage my risk, and jump on emerging trends – it made trading way more exciting and profitable.
• Copy Trading: Copy-trade top-performing traders from Binance, allowing you to tap into their expertise and leverage their proven strategies for enhanced trading performance. 
• Low Fees: The platform’s exceptionally low transaction and withdrawal fees reduced my overhead costs and made my trading experience remarkably cost-effective. 
• Social Trading Features: BingX’s platform was a goldmine – the feed and forum features gave me access to a wealth of user tips and expert advice that I couldn’t find anywhere else.

Visit BingX >>

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7) Zebpay

Ultra-secure crypto exchange in India

ZebPay is a crypto exchange with a clean interface and advanced trading features. In my experience, users can make Bitcoin payments without issues. This cryptocurrency wallet helped me set trading alerts, trade pairs, and buy various cryptocurrencies. 

Zebpay, a prominent cryptocurrency platform, offers support for various coins, including BTC, BCH, LTC, XRP, and many others. Zebpay ensures robust customer support through chat, email, support tickets, and a contact page. I noticed that the deposit fees vary, such as Rs.10 via net banking, Rs. 25 through UPI, and Rs. 7 with bank transfers. For withdrawals, a flat Rs.10 fee applies for fiat and 0.0006 BTC for Bitcoin. I could use several payment options, including net banking, UPI, and direct bank transfers. Users must undergo mandatory KYC verification.

Features:

• Highest Security Measures: I could trade cryptos stress-free because of the highest security measures provided. The 98% of cryptos stored with ZebPay are in cold wallets, which ensures top-notch security.
• Simple App and Wallet Facility: It offers a simple Zebpay app and wallet facility for easy and efficient crypto management. I could enjoy seamless transactions with lightning-fast payments.
• Multi-Chain Security System: In my experience, the multi-chain security system offers users world-class protection for their assets. Its proprietary Omnitrixx security provides unique and advanced protection for digital currencies.
• Platform Support: It is compatible with Windows, Android, and iOS. I loved that I could access KuCoin from anywhere, whether I was at my desk or on the go—it kept me connected and in the loop.

Link: https://zebpay.com/in/

Check out our list of Best crypto portfolio tracker apps.

What are the different types of Crypto Currency Wallets?

Here are some important types of Crypto Currency Wallets:

• Hot Wallets: These wallets are created or stored on a connected device. Hot wallets offer high utility but are less secure than cold wallets. If you are looking for exchange platforms that don’t require extensive verification, you can explore these best no-KYC crypto exchanges.
• Cold Wallets: These crypto cold wallets use keys created on a device that is not connected to the Internet. They are also known as hardware wallets and stored on physical devices.
• Hosted Wallets: These wallets live on another server you do not control. Hackers use these kinds of crypto wallets because they hold the data of all the funds from the wallets on the server. These kinds of wallets offer various levels of protection, as third parties ensure hosted wallets.
• Decentralized Wallets: In a decentralized wallet, you are the only person who holds the keys to your crypto wallet. A decentralized wallet never guarantees complete privacy.
  However, it also means you can’t rely on a third party to send, receive, or store your cryptocurrency. This helps ease some security risks associated with hosted wallets.
• Hardware Wallets: Hardware wallets are physical storage devices (like a USB drive). The Ledger Trezor, Nano X, Nano S, and KeepKey are famous names in hardware wallets, which are considered highly secure.
• Software Wallets: Software wallets, also known as hot wallets, are an online crypto trading platform that doesn’t need downloading and can be accessed through an Internet browser.
• Exchange Wallets: These kinds of Wallets are integrated with crypto exchanges. You can easily trade and make transactions with them. WazirX, Zebpay, and Unocoin are some popular web wallets in India.
• Mobile Wallets: These wallets are supported on Android and iOS apps. In this type of Bitcoin wallet, the user controls the private keys. You can trade anywhere using these wallets. Coinbase and Binance are widely popular mobile wallets.
• Desktop Wallets: These wallets run on Desktop devices and allow users to have private keys. Atomic Wallet, Wazir X, Zebpay, and Prokey have applications that are supported on a desktop environment.

How do I cash out of Bitcoin in India?

Here are some of the best ways that I came across for cashing out Bitcoin in India:

• Using a Cryptocurrency Exchange: A crypto exchange is just another name for a third-party broker. Some cryptocurrency exchanges like Coinbase and Binance allow you to deposit funds using fiat currency.
• Peer-to-Peer Exchange: P2P crypto trading sites like LocalCrypto and LocalBitcoins allow you to buy and sell Bitcoin or any other digital currency using your local fiat currency.
• Bitcoin debit cards: Many websites allow you to cash out your Bitcoin through a prepaid debit card. You can use this Bitcoin debit card powered by Mastercard or Visa.
• Bitcoin ATMs: Bitcoin ATMs, located worldwide, allow you to scan QR codes and sell your Bitcoin for cash.

What is the safest wallet for cryptocurrency in India?

It depends on your risk tolerance capacity and your specific needs. For most people, the most secure wallet is a hardware wallet like the Ledger Nano S or Nano X. However, they are more expensive than a paper wallet. It’s best to spread your investments across two or three wallet types.

Is buying cryptocurrency legal in India?

Yes, and with a 30% tax, the Indian government has yet to establish specific rules for cryptocurrency. Since there are no existing regulations for crypto trading in India, its legal status remains unclear; hence, it is neither fully legal nor illegal.

Verdict

All of the above crypto wallets have been researched thoroughly, and you can use them to store your cryptocurrencies. However, the following three tools stood out to me in terms of security and ease of use:

• Binance is one of the safest crypto wallets in India. It has robust security measures and provides beginners with the best educational resources.
• CoinDCX offers one of the best cold storage wallets. I could easily trade with a low fee and have responsive support who is always ready to assist me.
• Mudrex offers a user-friendly and intuitive interface. It also provides automated bots and advanced analytics tools for better trading.