Best Bitcoin wallet in India in 2021

The cryptocurrency exchange allows the user to buy or sell trade in cryptocurrencies. People are looking for the safety of their crypto holdings. The cryptocurrency exchanges mostly support the top 20 cryptocurrencies by coin market cap. Bitcoin wallet

Cryptocurrency exchange rates can reach out to the exchanges that offer great functionality or user-friendly and secure. Before selecting a cryptocurrency exchange, you must scan some basic features like transaction fees, security, and the respected trade Etc’s credibility.

The bitcoin wallet is like an online bank account where you keep all your bitcoins safe & secure. Bitcoin wallet appears in a device, an app, or a website. You can accept bitcoins and other cryptocurrencies in your wallet and save them securely.

The wallet makes it possible for you to spend (send them to others) bitcoins efficiently. Let’s first check other bitcoin wallets before going to the list of the best bitcoin wallet in India in 2021.

Let’s provide you with our Top 5 best cryptocurrency exchange in India.

The CoinSwitch:

The CoinSwitch is one of the best crypto exchange aggregators globally, supporting most of the countries in the world, including India. A CoinSwitch is initiated by their crypto enthusiasts from India and has been running since 2017. CoinSwitch supports more than 320 cryptocurrencies and 40,000 trading pairs.

The Coin Switch is partnered with leading exchanges and crypto wallet organisations like Binance, OKEx, Guarda, Coinomi or many more. 

Features:

· They give offers competitive market rates.

What I like

  • Easy download from the app store.
  • Decentralized from the Coinbase exchange.
  • Secure Element Technology to protect keys.

What I didn’t like

  • Always connected to the internet.
  • Requires the latest OS. 

WazirX:

Te most popular WazirX is India’s trusted Bitcoin exchange. It provides all platforms viz on Web, Android, iOS Etc. The WazirX has an easy and efficient design that provides both first-time investors and professionals as well.

A WazirX has created a token for WRX, and There will be a maximum of 1 Billion WRX coins ever produced. WazirX is a crypto exchange based in India. It also provides a wallet facility. WazirX has partnered with Binance (the world’s largest crypto exchange). Although, You have to open an account in WazirX to use the wallet.

You can trade in over 200 pairs on Wazirx or also can store all the cryptocurrencies in the wallet. Now, you can use the wallet to trade on the WazirX exchange or For safety purpose, WazirX uses a two-factor authentication like Google authenticator or mobile OTP based authentication.

What I like

  • There is an option to have both web and mobile wallets.
  • You can Directly trade on the WazirX exchange.
  • Now, You can use more than 200+ trading pairs.

What I didn’t like

  • Withdrawals are subject to fees.
  • Limit on the minimum and maximum withdrawal amount.

ZebPay:

ZebPay has served above 3 million members since 2014. The interface of the exchange is clean, intuitive and straightforward with advanced trading features. 

You can also trade across five crypto pairs with zero deposit fees. It has multiple layered safety protocols to protect the privacy and data of the user.

What I like

  • Systematic bitcoin buying option
  • Integrated merchant gateway for payments

What I didn’t like

  • Up to 0.0009 BTC fees for sending bitcoin to bitcoin address

CoinDcx:

CoinDcx is one of the world’s most versatile crypto exchange platforms, allowing you to trade in 200+ coins with the highest liquidity. It has easy and useful user interface that supports limitless trading on the CoinDcx exchange platform.

It is beneficial for Indian users as they can use trade INR to BTC on the platform.

Features:

· Very Fast and Secure.

· The Trading fee as low as 0.1%.

What I like

  • Free to download and use
  • They provide Facility to trade directly on Binance crypto exchange compatible with Android 6+ and iOS 13 or later
  • You can use QR codes for sending and receiving money

What I didn’t like

  • Prone to mobile hacks

Unocoin:

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The Unocoin is one of the most reliable places to trade Bitcoin, Ether and Tether. The platform helps the user to buy, sell, and digital exchange assets. Unocoin gives unique OTC (Over The Counter) services. 

Which enable bulk trade and SIP (Systematic Investment Plan) feature .

Unocoin provides India’s first entrant in the Bitcoin space.

Features:

· INR Accepts for purchase.

What I like

  • Free to download and use.
  • They provide a Facility to trade directly on Binance crypto exchange compatible with Android 6+ and iOS 13 or later.
  • You can use QR codes for sending and receiving money.

Binance (Global Exchange)

Binance is also one of the most popular exchanges globally and renowned in the crypto world for their services. They own the Indian Exchange WazirX. Their coin Binance(BNB) for trading on their platform at discounted fees. They are one of the most fully-featured exchanges that you can find. Binance is also the biggest exchange in the world by trading volume.

Features:

  • Currencies: Almost all the coins.
  • Trading Fees: 0.1%(Lowest in India).
  • P2P: Yes.
  • KYC’s verification: Required.
  • Method of Purchase: Crypto to Crypto / Credit cards.

How to Pick Most reliable Bitcoin Wallet in India 

#1. Crypto Coin Support

All the wallets did not support various crypto coins and digital assets. Mostly let you store bitcoin, ethereum, ripple and litecoin. 

It would help if you verified whether the wallet supports the cryptocurrency you intend to hold and transact. 

#2. Price

There are free web, mobile and desktop wallets available for storing crypto coins. You need to download and start using them. 

The only charges you want to pay are the network transaction fees if you do a transaction that goes to coin miners.

#3. Security

The exchange wallets and mobile (app-based) wallets are always online (hot), and security depends on the smartphone’s safety & the passcode.

On the other hand, hardware wallets require buttons to complete transactions besides the passcode. 

How to Get a Bitcoin Wallet

You can visit the Google Play or an Apple Store, download the app and get yourself registered and start using your bitcoin wallet.

The wallets can help you store your hard-earned crypto assets securely. 

The wallets give you full control over your bitcoins by a security key. It is the most secure way to keep your bitcoins compared to keeping them in your exchange account. 

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