If you are buying crypto for the first time, you want three things: an app registered in India, rupee deposits by UPI, and as few ways as possible to make an expensive mistake. These are the apps we would hand a beginner, and the two we would not.
The simplest app for a first ₹100 of Bitcoin. Everything stays in rupees, TDS is automatic, and its March 2026 proof of reserves showed a surplus of about ₹613 crore. The catch: you cannot withdraw coins to your own wallet.
Read our full CoinSwitch review · Official site: coinswitch.co
India’s oldest exchange (2014) with no major hack on record, a simple Bitcoin SIP and crypto withdrawals allowed. Check the 0.45% base fee and the monthly inactivity fee before you sign up.
Read our full ZebPay review · Official site: zebpay.com
SIPs from ₹100 (even daily) and you can withdraw coins when you are ready for your own wallet. It has many advanced products, as a beginner, ignore the futures and options tabs.
Read our full CoinDCX review · Official site: coindcx.com
Coin Sets buy a ready-made, auto-rebalanced basket for you, and INR deposits and withdrawals are free. Avoid it if you plan to move coins out: crypto withdrawals cost 2%.
Read our full Mudrex review · Official site: mudrex.com
| App | FIU-IND | INR deposits | Spot fee | SIP |
|---|---|---|---|---|
| CoinSwitch | ✅ Yes | UPI, bank | Tiered, up to ~0.4% | Yes, monthly SIP from ₹100 |
| ZebPay | ✅ Yes | UPI, bank | 0.45% (VIP lower) | Yes, Bitcoin SIP, plus CryptoPacks (baskets) |
| CoinDCX | ✅ Yes | UPI, bank | Tiered, up to ~0.5% | Yes, from ₹100, including daily SIPs |
| Mudrex | ✅ Yes | UPI, bank (free) | 0.12 to 0.45% | Yes, crypto SIP and Coin Sets |
Fees and features change often. Checked 24 Sep 2026; confirm on the exchange before you trade.
Delta Exchange is built for leveraged futures and options, the fastest way for a new trader to lose money. Binance is legal and FIU-registered, but rupees go in only through P2P trades with strangers, which can get your bank account frozen if their money is tainted, and more of the tax paperwork falls on you.
Our full walkthrough is in how to buy Bitcoin in India. Once you hold more than you would be comfortable losing on an exchange, learn to set up your own wallet.
CoinSwitch is the simplest if you will stay in rupees. ZebPay suits cautious buyers who want the longest clean track record, and CoinDCX suits beginners who may later want to withdraw coins to their own wallet. All three are FIU-IND registered.
Very little. CoinSwitch and CoinDCX both offer SIPs from ₹100, and one-off buys start from small amounts. Start with money you can afford to lose.
No. Leverage multiplies losses as well as gains, and a small move against you can wipe out your margin. Learn with small spot buys first.
Registered exchanges follow KYC and anti-money-laundering rules, but no exchange is risk-free, WazirX (2024) and CoinDCX (2025) were both hacked. Keep only what you trade on the exchange.
