❓ What are the Best crypto wallet in India?

Following are the Best Bitcoin Crypto Wallet in India: Binance PrimeXBT Wazirx Ledger Pionex BuyUcoin

🚀 What are the Advantages/Pros/Benefits of using Bitcoin Wallet?

Here are pros/benefits of using Bitcoin Wallet: You can send and receive money with anyone in the world without using a bank. Lower transaction fees. It is difficult to track transactions. Easy to transfer across borders. This one of the best bitcoin wallets is more secure than a bank account, and you can also store your money. You can have multiple crypto currency wallets, so if one gets hacked or lost, you don't lose all your money.

⚡ How do I cash out of Bitcoin in India?

Here are some of the best ways of cashing out Bitcoin: 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 allows 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 allow you to scan QR codes and then sell your Bitcoin for cash. These ATMs are located across the world.

6 BEST Crypto Wallet in India (Bitcoin Wallets) 2023

Cryptocurrency is a growing market, and many people in India are getting involved. 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, and it’s difficult to choose an online wallet app for your crypto storage needs. Following is a curated list of top crypto wallet in India that are easy to use and super-secure. The list contains free and paid apps with popular features and website links.

Best Cryptocurrency Wallet in India: Top Picks!

#1 Best Overall

Binance

✔️ Coins Supported: 1000+ crypto including BTC, ETH, XRP, etc.

✔️ Type of wallet: Hot wallet

✔️ Price: Free

Get Wallet

#2 Top Pick

Wazirx

✔️ Coins Supported: 100+ crypto including BTC, ETH, XRP, etc.

✔️ Type of wallet: Desktop Wallets

✔️ Price: free deposit

Get Wallet

Ledger Nano S

✔️ Coins Supported: 5500+ crypto including BTC, ETH, XRP, LTC, etc.

✔️ Type of wallet: Cold wallet

✔️ Price: Rs. 6,799

Get Wallet

Pionex

✔️ Coins Supported: BTC, ETH, BTG, DASH, XRP, ADA etc.

✔️ Type of wallet: Hot wallets

✔️ Price: Free

Get Wallet

1) Binance

Best Wallet with Multiple features

Binance is one of the widely popular crypto trading exchanges. It offers a secure platform for trading more than 250+ cryptocurrencies. This web wallet offers an API that helps you to integrate your current trading application.

Binance, a renowned cryptocurrency platform, supports a vast array of coins, including Bitcoin, Ripple, Ethereum, Tron, Zilliqa & over 100 other cryptocurrencies. As a desktop wallet, it is accessible across various platforms such as Android, Google Play, iOS, Windows & Mac. Binance ensures comprehensive customer support through chat, calls, and tutorial resources. While deposits are free through its association with WazirX, withdrawals come at a minimal fee of 0.0005 BTC for Bitcoin. Additionally, there’s no fee for INR withdrawals. Payment methods are diverse, including Bank Transfer, NEFT & RTGS, IMPS, and UPI. However, users must undergo mandatory KYC verification.

#1 Top Pick

Binance

5.0

Coins Supported: 1000+ crypto including BTC, ETH, XRP, etc.

Type of wallet: Hot wallet

Price: Free

Visit Binance

Features:

It provides both basic and advanced exchange interfaces for crypto trading.
It is one of the best cryptocurrency wallets in India that provides 24/7 support
Binance offers secure storage of your digital assets.

Pros

User-friendly interface.
Trusted name operating since 2017
No Hidden Charges

Cons

Not many digital currencies are supported

Visit Binance >>

2) WazirX

Best Bitcoin wallet in India

WazirX is one of the best bitcoin wallet in India that allows you to buy, sell & trade digital currencies like Bitcoin, Ethereum, Ripple, Litecoin with complete ease. This one of the best crypto wallet in India provides a seamless and powerful trading experience across all platforms.

WazirX is a prominent cryptocurrency platform that supports a vast array of coins, including Bitcoin, Ripple, Ethereum, Tron, Zilliqa & over 100 other cryptocurrencies. As a desktop wallet, it’s compatible with various platforms such as Android, Google Play, iOS, Windows & Mac. WazirX emphasizes user support, offering assistance through chat, calls, and informative tutorials. Notably, deposits are free, while withdrawals come with a minimal fee of 0.0005 BTC for Bitcoin and no charges for INR withdrawals. The platform accepts diverse payment methods like Bank Transfer, NEFT & RTGS, IMPS, and UPI, but users must complete mandatory KYC verification.

Features:

Identity verification systems process your KYC within a few hours of signing up.
This one of the best crypto wallets in India offers P2P trading with no crypto trading fees.
This digital currency wallet can handle Millions of transactions in a few seconds.

Pros

User-friendly interface.
Low trading fees
Available in India and other countries

Cons

Difficult to use for beginners

Visit WazirX >>

3) Ledger

Best Cold Wallet

Ledger is a hardware wallet that lets you store bitcoins. It is a USB stick-type wallet with secure chips. This is one of the crypto wallets in India that enables you to secure and manage all your crypto assets.

Ledger, a renowned hardware wallet, supports a diverse range of cryptocurrencies including Bitcoin, Binance Coin, Cardano, DASH, Dogecoin, EOS & Ethereum. Compatible with platforms like Windows, Mac, Linux, Android, and iOS, it ensures versatile accessibility. Ledger prioritizes user support with a comprehensive knowledge base, live chat, and email assistance. While there are no transaction fees, users invest in the cold wallet, priced between Rs. 10,000 to Rs. 12,999. Payment options are varied, encompassing Credit Card, PayPal, crypto.com Pay, and BitPay. Notably, KYC verification is not required, ensuring user privacy.

Features:

Ledger Hardware wallets come with a certified secure chip and custom OS for maximum security.
It provides a larger screen for ease of use.
This cold wallet allows you to manage over 1,800 crypto coins and tokens with the Ledger Live app.
This one of the best bitcoin wallet India allows you to use public and private keys.
Secure chip and custom OS.

Pros

It provides support for a huge number of digital assets
Offers secure storage for a low price.
It supports 5,500+ cryptocurrencies

Cons

This crypto wallet provides Max storage of three apps

Visit Ledger >>

4) Pionex

Best crypto investment app in India

Pionex is India’s safest crypto exchange, with a dedicated focus on making crypto accessible. Established in 2018, Pionex has solved numerous problems faced by crypto investors. It offers investing and trading solutions for crypto-based financial products for 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 & more. As a hot wallet, it’s accessible across multiple platforms such as Windows, MacOS, Android & iOS. Pionex offers round-the-clock chat support and a request submission system for user queries. With a modest deposit fee of 0.05% and a withdrawal fee of 0.0005BTC, it provides various payment methods like credit cards, debit cards, and cryptocurrency. Users must undergo mandatory KYC verification before transacting.

Features:

Encrypt all your data to secure your passwords & personal data.
Pionex is a decentralized crypto-currency exchange.
Trade crypto-currency with a low fee, fast and easy.
Pionex is a safe and secure gateway to build a strong crypto portfolio.
95% of the funds on our platform are stored in cold wallets.
It is a safe and simple gateway to build a strong crypto portfolio.

Pros

Low fees on all transactions
Live Chat and email customer support
Extremely low trading fees of just 0.05%

Cons

The UI is complex

Visit Pionex >>

5) BuyUcoin

Best crypto currency wallets in India

BuyUcoin is one of the best Crypto currency wallets in India. It allows you to access all your Portfolio in one place with Light and Dark Mode. It allows easy Deposit Crypto or INR into Your Digital Wallet.

BuyUcoin, a comprehensive cryptocurrency platform, supports an extensive range of coins, including BTC, ETH, BNB, TETHER, SOLANA, ADA & many more. Operating primarily as an exchange wallet, it’s accessible via web, iOS, and Android platforms. BuyUcoin emphasizes user support, offering assistance through chat, email, support tickets, and a dedicated contact page. While deposits come with a 2% fee, withdrawal fees vary based on the specific cryptocurrency. Payment is facilitated through methods like BHIM UPI, bank transfers, and net banking. Notably, users must complete mandatory KYC verification before transacting.

Features:

You can complete Your KYC in a minute and start trading
Invite Your Friends to earn free Bitcoin for a lifetime
BuyUcoin has an excellent affiliate and referral program where you can earn up to 50% crypto trading commission
You can easily Deposit Crypto or INR into Your Digital Wallet

Pros

User-friendly interface
Provide variety of security measures to protect user funds
Supports INR deposits and withdrawals

Cons

Limited number of features

Visit BuyUcoin >>

6) Zebpay

Ultra-secure crypto exchange in India

ZebPay is a crypto exchange that offers a clean interface that still offers advanced crypto trading features. Users can make payments on Bitcoin. This crypto currency wallet allows you to set trading alerts, trade pairs, and purchase a range of cryptocurrencies.

Zebpay, a prominent cryptocurrency platform, offers support for a diverse range of coins, including BTC, BCH, LTC, XRP, and many others. As an exchange wallet, it’s available on Windows, Android, and iOS platforms. Zebpay ensures robust customer support through chat, email, support tickets, and a contact page. Deposit fees vary: Rs. 10 via net banking, Rs. 25 through UPI, and Rs. 7 with bank transfers. For withdrawals, a flat ₹10 fee applies for fiat, and 0.0006 BTC for Bitcoin. Payment options include net banking, UPI, and direct bank transfers. Users must undergo mandatory KYC verification.

Features:

Provide the highest measures of security so that you can trade cryptos stress-free.
It offers a simple Zebpay app & wallet facility.
This mobile app crypto wallet India offers lightning-fast payments.
98% of cryptos stored with ZebPay are in cold wallets.
It enables a world-class multi-chain security system.
Proprietary Omnitrixx security.
Coins stored in zebpay cannot be breached or accessed from a single geographic location.
Supported platforms: Windows, Android, and iOS.

Pros

ZebPay is available in 162 countries
Low commissions for intraday trades
Low entry threshold

Cons

No USD in the list of fiat currencies

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

Check here our list of the Best crypto portfolio tracker apps.

FAQ:

Following are the Best Bitcoin Crypto Wallet in India:

Here are pros/benefits of using Bitcoin Wallet:

You can send and receive money with anyone in the world without using a bank.
Lower transaction fees.
It is difficult to track transactions.
Easy to transfer across borders.
This one of the best bitcoin wallets is more secure than a bank account, and you can also store your money.
You can have multiple crypto currency wallets, so if one gets hacked or lost, you don’t lose all your money.

Here are some important types of Crypto Currency Wallets:

Hot wallets: These wallets use created or stored on a connected device. Hot wallets offer high utility, but they are considered 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. These crypto wallets are stored on physical devices.

Hosted wallets: These wallets are live on another server which you do not have control. Hackers use these kinds of crypto wallets as 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 insure hosted wallets.

Decentralized wallets: You are the only person who holds the keys to your crypto wallet in a decentralized wallet. A decentralized wallet never provides any guarantee of complete privacy.

However, it also means you just can’t rely on a 3rd party to send, receive, or store your cryptocurrency. This also helps you to 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. They are considered highly secure types of wallets.

Software Wallets: Software wallets are also known as hot wallets. This online crypto trading platform 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 do transactions with these wallets. WazirX, Zebpay, Unocoin are some popular web wallets in India.

Mobile Wallets: These wallets are supported on Mobile OS like Android and iOS. In this type of bitcoin wallet, the user gets control of the private keys. You can trade anywhere using these wallets. Coinbase and Binance are widely popular mobile wallets.

Desktop Wallets: Wallets that run on Desktop devices. It allows users to have private keys. Atomic Wallet, Wazir X, Zebpay, Prokey have applications supported in a desktop environment.

Following are the Best Bitcoin Wallet used in India:

Binance
WazirX
Ledger
Pionex
Zebpay

A seed phrase is a phrase that allows you to restore your wallet. It was originally designed to be used if you lost your wallet or it was not backed up. You can use it to recover your wallet and all the funds in it.

It depends on your risk tolerance capacity and your specific needs. The most secure wallet for most people is a hardware wallet like the Ledger Nano S, Nano X. However, they are more expensive than a paper wallet. It’s best to spread your investments across 2 or 3 wallet types

As per the prevailing situation, the Indian government has yet to formulate rules regarding cryptocurrency. As there are no existing rules to govern crypto trading in India, it is neither legal nor illegal.

Yes, you can buy bitcoin safely and anonymously by using P2P (Peer to peer) exchanges like LocalBitcoins.

Most of the crypto exchanges operating in India have debit/credit card payment options available. However, you need to remember that you need to complete KYC to use these transactions methods.

» Check here our list of the Best Crypto Debit/Credit Card

Yes, you can. You can buy bitcoins using cash in India by registering popular crypto wallets like Zebpay.

Here are some of the best ways of cashing out Bitcoin:

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 allows 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 allow you to scan QR codes and then sell your Bitcoin for cash. These ATMs are located across the world.

There is not a set type of exchange wallet. You can access them via desktop or mobile app as long as it is compatible with your operating systems. For example, WazirX and Zebpay exchange wallets that can be accessed using mobile and desktop applications.

If you want to learn about Cryptocurrency and Blockchain Technology, here’s a free tutorial you’ll want to check out: Cryptocurrency Tutorial for Beginners