Best 15 Bitcoin and Crypto Exchange in India 2022 With Refer and Earn Program

Content is free. When you buy through links on my site, I may earn affiliate commission. Learn More.

Best Bitcoin Crypto Exchange Referral Programs

Are you looking for the best Bitcoin and cryptocurrency exchange in India? Here, we'll learn about the top crypto exchange in India for making money online by trading and referring friends to win free bonuses.

Bitcoin is growing popularity in India due of its legal status. However, there are many websites that offer bitcoin and altcoin trading services, but only a handful are ranked in the most trustworthy category in terms of simplicity of use and prominence.

Choosing a crypto exchange will have a significant impact on your experience investing in and trading digital currency. Despite India's crypto regulations, Bitcoin is allowed to trade and possess in the country. When it comes to acquiring cryptos such as Bitcoin, Ethereum, BNB, and others, investors have several brokerage options.

You can buy any crypto currency with Indian rupees and trade with any crypto currency, including bitcoins and altcoins, on these exchanges.

Many exchanges have partnered with Indian banks to allow you to deposit funds instantaneously using any online payment option like credit/debit card, netbanking, UPI, Wallet Transfer, IMPS, P2P, and so on.

Why KYC Is Required by Crypto Exchanges?

KYC stands for "know your customer" and refers to the process of authenticating a client's identity. It's most widespread among financial institutions and financial service providers, such as banks, stock brokers, and now cryptocurrency exchanges.

When you register an account with a cryptocurrency exchange, you will often be asked to complete the know-your-customer (KYC) process. This is a common type of identification verification needed by major exchanges for anyone who wishes to trade bitcoin.

Although you may be able to open an exchange account without going through the KYC procedure, your account will be restricted until you prove your identity. The most likely limitation is that the exchange does not allow you to deposit money or acquire cryptocurrency. It might also impose a limit on the quantity of money you can deposit.

Documents required for KYC on Crypto Exchanges

  • Aadhar Card
  • PAN Number
  • Bank Account Details
  • Bank Cancelled Cheque/Passbook Front Page Copy

So, let's have a look at the Best 15+ Bitcoin and Crypto Exchanges in India 2022 With Refer and Earn Program.

1. CoinDhan

CoinDhan, based in Gurgaon, is one of India's most secure, safe, and easy cryptocurrency exchanges. Users can use the site to purchase, sell, and trade prominent cryptocurrencies like as Bitcoin, Ethereum, Litecoin, Ripple, and many more.

Anyone can simply invest in popular cryptocurrencies by using CoinDhan's crypto exchange. From rapid transfers to cheap trading fees to hassle-free KYC and exceptional customer service, the platform leaves no stone left in its efforts to improve novice traders' crypto trading experience.

Download the CoinDhan App to receive 50000 SHIBA INU tokens in your wallet now that their application is available. Use the promocode FREESHIB to receive 50000 SHIBA tokens on your account.

INR Deposit Options: Bank Transfer

Signup Bonus: 50000 SHIBA Tokens

Refer & Earn: 25000 SHIBA Tokens

2. Vips Finstock

Anyone can quickly buy and sell Bitcoin/Ether/USDT using the VIPs Finstock Trading Platform.

Earn 20% or more in commission on every trade made by a friend. VIPS Finstock has its own VIPS Token, which has a high value in the crypto market.

You can download the VIPs Finstock app for free and receive Rs. 100 in Vips tokens, which can be used immediately.

Vips Finstock Referral Code: 3ca48a74-e555-4d00-9e51-4bd54e42e8aa

INR Deposit Options: IMPS/NEFT/RTGS/Through Bank(Manual), UPI Deposit, VIPS Wallet(Instant)

Signup Bonus: Rs. 100 Worth VIPS Token

Refer & Earn: Rs. 25 Worth VIPS Token

3. CoinDCX

CoinDCX is a cryptocurrency exchange that was founded in 2018 and is situated in Singapore. The India office of this cryptocurrency exchange, on the other hand, is headquartered in Mumbai.

Trading on CoinDCX is quick and uncomplicated. This basic UI distinguishes it from other large exchanges like as Binance.

To begin trading on CoinDCX, one must first create an account by supplying necessary information. Once the submitted information has been validated and the user has successfully registered, they will be allowed to begin trading cryptos on the platform.

CoinDCX Referral Code: 26325014

INR Deposit Options: Bank Transfer

Signup Bonus: Rs.100 Worth Etherium After Completing KYC and Doing First Trade

Refer & Earn: Rs. 100 Worth Etherium

4. Vauld

As soon as you deposit money into Vauld, you can begin earning interest on your Bitcoin and other cryptocurrencies.

Users will be able to earn interest or borrow money whenever they want, without having to liquidate their crypto holdings. Users may effortlessly trade their cryptocurrency for other tokens and FIAT currencies.

Vauld Referral Code: moneybhai

INR Deposit Options: Bank Transfer, UPI

Signup Bonus: Rebate on Fees

Refer & Earn: 40% commission of your referrals every trading fee

5. CoinSwitch Kuber

CoinSwitch Kuber is India's largest cryptocurrency exchange, with over 50 million registered users.

CoinSwitch allows you to trade cryptocurrencies for as little as $100.

After completing their KYC successfully, new users will receive Rs. 150 in free bitcoins. Check Your reward section to find scratch cards.

INR Deposit Options: Bank Transfer, Wallet transfer, UPI

Signup Bonus: Rs. 50 Worth Bitcoin + Rs. 100 After Completing KYC

Refer & Earn: Rs. 50 Worth Bitcoin

6. WazirX

WazirX promises to be India's most trusted Bitcoin and cryptocurrency exchange. WazirX is safe since it aims to be India's most secure exchange by investing in regular security assessments.

WazirX is a Binance-owned Indian crypto exchange with offices in Mumbai. It is one of the country's major crypto exchanges.

Their exchange has an easy-to-use interface that works on both desktop and mobile platforms, and they promise to have a quick enrollment and verification procedure.

WazirX Referral Code: wrwsg

INR Deposit Options: Bank Transfer, Wallet transfer, UPI, P2P

Signup Bonus: 50% Discount on Trade Fees

Refer & Earn: 50% commission of your referrals every trading fee

7. Bitbns

Bitbns is India's fastest and most convenient way to exchange bitcoins. On December 14, 2017, a Bangalore-based start-up formed by IITians was launched.

Bitbns, which now lists 100+ cryptocurrencies, lets users buy and sell cryptocurrencies at the highest available prices and offers trading convenience unrivaled by any other cryptocurrency exchange.

Bitbns Referral Code: 4864

INR Deposit Options: Bank Transfer, UPI

Signup Bonus: Rs. 100 Worth Bitcoin upon completion of signup and KYC

Refer & Earn: 50% of your friend’s trading fee, forever.

8. Unocoin

It began operations in 2013 and established itself as a pioneer in the Bitcoin world.

Unocoin is distinguished by a number of factors. The first is the possibility of acquiring assets through Systematic Investment Planning (SIP). SIP, for example, allows users to set up a recurring deduction from a connected bank account. It is fully automated and will acquire BTC at the current market pricing. Users can make payments on a daily, weekly, or monthly basis.

Furthermore, Indian users can utilise fiat to purchase specified digital assets and withdraw them into a connected bank account. Users can also pay bills using their wallets.

Unocoin Referral Code: U-571521

INR Deposit Options: Bank Transfer, UPI

Signup Bonus: Upto 300 BTC

Refer & Earn: 15% of your friend’s trading fee + Up to Rs. 300 Worth Bitcoins

9. Buyucoin

BuyUcoin is a cryptocurrency exchange based in India that has been in operation since 2016.

BuyUcoin positions itself as India's most reputable, safe, and reliable digital currency company. Given that India has a plethora of digital currency startups, this is an impressive statement.

buyUcoin makes it easier to purchase and sell cryptocurrencies. It may be used to quickly convert Virtual Currency to INR or FIAT to Virtual Currency.

Buyucoin Referral Code: buyucoin15988694

INR Deposit Options: Bank Transfer, UPI

Signup Bonus: Rs.100 Worth Crypto Scratch Card

Refer & Earn: 30% of your friend’s trading fee + Up to Rs. 2500 Worth Crypto

10. ZebPay

ZebPay is a cryptocurrency trading platform that made its debut in India in October 2014 with the launch of a Bitcoin wallet. The cryptocurrency trading platform allows users to purchase, trade, store, and utilize cryptocurrencies.

ZebPay is a Singapore-based company that boasts users from the United Arab Emirates, Congo Brazzaville, South Korea, New Zealand, Saudi Arabia, and India.

ZebPay is accessible on iOS and Android and focuses on long-term value investing. The cryptocurrency exchange's application has a simple, user-friendly layout, is easy to browse, and is well-equipped with extensive trading tools.

ZebPay Referral Code: REF31541846

INR Deposit Options: Bank Transfer, Net Banking, UPI

Signup Bonus: Rs.100 Worth Crypto After First Trade

Refer & Earn: 50% of your friend’s trading fee for a year

11. Paxful

Paxful is a popular peer-to-peer cryptocurrency trading and digital wallet. Paxful traders can buy cryptocurrencies using a variety of payment options.

Paxful users come from all over the world, including active traders from Malaysia, the United Arab Emirates, India, Pakistan, Indonesia, and Zimbabwe. The CEO and founder's ambition was to create a crypto community that was open to any trader interested in buying and selling Bitcoin and other digital currencies.

Unlike other order-book-based exchanges, Paxful is a trustworthy and transparent platform that allows crypto buyers and sellers to directly communicate with one another to sell or acquire Bitcoins and other key cryptocurrencies.

Paxful accepts over 350 payment methods globally. You can utilize their peer-to-peer (P2P) functionality to buy and sell any cryptocurrency with direct users.

Paxful Referral Code: MmKYXW7ENdw

INR Deposit Options: IMPS Transfer, Paytm Online Wallet, Google Pay, Game Items, PhonePe, PayPal

Signup Bonus: Free Crypto

Refer & Earn: 50% of the escrow fee

12. Giottus

Giottus is a cryptocurrency exchange situated in Chennai, India. It is a really simplistic platform. They have several methods for depositing funds in order to buy cryptocurrencies.

The Giottus trading platform is exceptional, and its user base is growing by the day. It is excellent news for the cryptocurrency sector since it secures the rebirth of crypto exchanges in India and allows users to deposit and withdraw INR.

Giottus Referral Code: RRI0JRK143

INR Deposit Options: Net Banking, UPI

Signup Bonus: Win upto 10,000 free Tokens with the coupons

Refer & Earn: 60% of your friend’s trading fee for a year + Free Coupons

13. Krypto

Krypto gives you the greatest experience when it comes to dealing with your cryptocurrencies, whether you're buying, selling, trading, or paying with cryptocurrency!

The Krypto app provides free rewards to active users. If you log in every day for three days in a row, you will receive a reward card that you can redeem in the reward section.

Krypto is currently accessible on mobile devices only.

Krypto Referral Code: F3BBPC

INR Deposit Options: Bank Transfer, UPI

Signup Bonus: Any Random Cryptocurrency worth Upto Rs. 100 Using Referral Code + Completing KYC

Refer & Earn: Any Random Cryptocurrency

14. Flitpay

Flitpay is an Indian cryptocurrency marketplace. Using the Flitpay Cryptocurrency Exchange App, you can buy and sell Bitcoin, Ethereum, Ripple, and many more cryptocurrencies in India. INR can be readily deposited via IMPS/UPI.

FLT is the native token of Flitpay, and you can earn it with each signup and referral. On signup, you can receive a scratch card valued at between 250 and 500 FLT.

Flitpay Referral Code: 1316592

INR Deposit Options: Bank Transfer, UPI

Signup Bonus: scratch card worth between 250 FLT - 500 FLT Token

Refer & Earn: 50% of your friend’s trading fee + Scratch cards worth between 50 FLT - 100 FLT Token

15. Koinbazar

Koinbazar is a cryptocurrency exchange based in India. It has been in operation since 2020, making it a relatively new addition to the crypto exchange industry.

KBC is the native token of Koinbazar. After completing KYC and bank verification, you will receive 50 KBC tokens.

They are also giving out 100,000 SHIBA INU tokens to new users. This promotion is only available for a short time.

Koinbazar Referral Code: 51949991

INR Deposit Options: Bank Transfer, UPI

Signup Bonus: 50 KBC tokens + 100000 SHIBA INU Tokens After Completing KYC and Bank Verification

Refer & Earn: 50% of your friend’s trading fee + 50 KBC tokens

Best international recognised crypto exchanges

Cryptocurrency trading has exploded in popularity, owing largely to the rise (and twists and turns) in the value of Bitcoin, Ethereum, Tether, and other cryptocurrencies.

You might want to sign up for the Top Cryptocurrency Spot Exchanges listed below.

How to Decide the Best Cryptocurrency Trading Platform for You?

A cryptocurrency exchange is required if you want to buy or sell cryptocurrencies. These online services frequently function similarly to a stockbroker, providing you with the ability to buy and sell digital currencies such as Bitcoin, Ethereum, and Dogecoin. With low fees and strong security features, the best cryptocurrency exchanges make it simple to buy and sell the currencies you want.

When deciding on the best cryptocurrency exchange for your needs, consider the supported currencies, pricing, withdrawal options, and security—all of which we considered when compiling this list of the best cryptocurrency exchanges. Continue reading to find out which cryptocurrency exchange might be the best fit for your needs.

KYC on cryptocurrency exchanges

Global 'know your customer' laws require you to upload ID proof with your name and address before you can transact anything. Vauld is one Indian exchange that accepts central government-issued IDs and uses automated systems to clear this hurdle in seconds. According to some users, waiting times for KYC at Binance have been in the weeks.

Payment methods and currencies accepted on cryptocurrency exchanges

Given that Indian banking authorities have yet to explicitly welcome cryptocurrency, depositing funds into your exchange isn't as simple as booking a train. WazirX, for example, currently prefers relatively quick UPI transactions. Previously, the Reserve Bank of India (RBI) prohibited money transfers to cryptocurrency exchanges.

Despite the fact that the issue was resolved in September, India's largest bank (SBI) is still attempting to prevent its account holders from making UPI transfers to exchanges. That helps to explain why Indians sometimes go the potentially illegal route of registering/verifying as a non-Indian on international exchanges in order to use debit/credit cards to fund their exchange wallet.

Fees on crypto exchanges

Fees on trades are the most profitable part of an exchange, but they are risky for a trader with thin profit margins. From depositing to withdrawing, from instant selling and buying to futures trading, and from wallet transfers to lending/borrowing, exchanges charge fees for everything.

They may charge a flat fee or a percentage, with rates varying for different user tiers and subject to change over time, making any direct comparison futile at worst and difficult at best.

Each of the best cryptocurrency exchanges will have its own fee structure, making it difficult to choose between them.

Most exchanges will charge either a transaction fee, the spread, or a maker/taker fee – though some will charge a combination of fees. Non-trading costs, such as deposits, withdrawal, inactivity, and monthly account fees, should be considered in addition to trading costs.

Features and benefits of having a crypto exchange on the go via a mobile app

When on the go, an easy-to-use smartphone app is beneficial for investors who may not always have access to a larger screen with plenty of space for detailed charts.

The CoinDCX app, for example, strikes a certain convenience versus complexity balance, whereas Vauld sacrifices nuance to get closer to convenience.

The significance of digital currency and user data security on crypto exchanges

All of India's largest exchanges are centralized, with the exchange handling user wallets. In general, a larger and growing exchange is more likely to recognize the need for and fund a security team than a smaller one.

So far, no Indian cryptocurrency exchange has disclosed any security flaws. Long-term investors typically move their crypto holdings from an exchange to a separate wallet over which they have more control.

Consumer support on cryptocurrency exchanges

Even after reading through the tutorials and help section of the relevant exchange, you may still have questions or issues.

The options usually provided are to email or live chat with the company to get a response, or to post on their forums to discuss it with other users. The larger exchanges can also maintain a presence on social media sites like Twitter and Reddit.

Earn Free Cryptocurrency Through the Refer and Earn Program

Refer and earn programs for bitcoin and cryptocurrency are a powerful way to monetize your crypto-specific audience. Whether you run a popular blog, news website, YouTube channel, or Twitter account, crypto refer and earn programs can provide a consistent revenue stream that can be relied on for months, if not years.

The main difference between a traditional refer and program and a crypto one is the payment method. Crypto refer and earn program will accept cryptocurrency payments, and payouts will often be made in cryptocurrency as well.

Best Cryptocurrency Exchange Platform 2022 – Conclusion

There are numerous methods and sites to invest in cryptocurrency. Our list includes cryptocurrency exchanges and online brokers, as well as cash and payment apps that allow you to buy and sell bitcoin.
Even those who are familiar with more traditional investing platforms should be aware that cryptocurrency frequently comes with different fee structures, fewer customer service options, and a greater role for the investor in security.


Related Posts
Previous
Next Post »