Best crypto exchanges in India
Offshore exchanges must register with FIU-IND to serve Indian users; several were blocked before complying. Trading is legal but taxed heavily and there is no loss offset.
| Exchange | Score | Spot taker | Futures taker | Best for | Open account |
|---|---|---|---|---|---|
1BinanceThe deepest order books in crypto, with the widest product range. | 8.5 | 0.075%after discount | 0.05% | altcoins, futures | Open account |
2BybitA derivatives-first exchange that grew into a full-service platform. | 8.3 | 0.1% | 0.055% | futures, copy-trading | Open account |
3BitgetThe copy-trading specialist with a large protection fund. | 7.9 | 0.1% | 0.06% | copy-trading, altcoins | Open account |
4MEXCThe cheapest fees and the longest listing tail, with the trade-offs that implies. | 7.5 | 0.05% | 0.02% | low-fees, altcoins | Open account |
5KuCoinThe altcoin exchange that grew up, slowly. | 7.4 | 0.08%after discount | 0.06% | altcoins, low-fees | Open account |
Currency
INR
Regulator
FIU-IND registration; taxed under the Income Tax Act
Local payment rails
UPI, IMPS / NEFT, P2P
Tax treatment
A 30% tax applies to gains with no loss set-off, plus 1% TDS on transfers above the threshold. This is orientation, not tax advice.
Regulatory summary source: FIU-IND registration; taxed under the Income Tax Act · verified 2026-09-04
Frequently asked questions
Which crypto exchanges accept India residents?
5 of the exchanges we track serve India: Binance, Bybit, Bitget, MEXC, KuCoin. Availability changes with licensing — confirm on the signup page before you plan around it.
How do I fund an account in India?
The rails most used locally are UPI, IMPS / NEFT, P2P. Bank rails are almost always cheaper than card, which carries a processing fee on top of the trading fee.
Is crypto taxed in India?
A 30% tax applies to gains with no loss set-off, plus 1% TDS on transfers above the threshold. This is general orientation, not tax advice — confirm your position with a local adviser.