20 Best Bybit Exchange Alternative In India: Popular Bybit Alternatives India

0
23
20 Best Bybit Exchange Alternative In India: Popular Bybit Alternatives India

In this article, I will discuss the Best Bybit Exchange Alternative in India. As regulatory challenges affect trading platforms like Bybit, finding reliable alternatives is crucial for Indian traders.

Whether you seek user-friendly interfaces, lower fees, or diverse trading options, exploring the top exchanges that comply with Indian regulations can enhance your crypto trading experience. Let’s explore the best options!

Key Points & Best Bybit Exchange Alternative In India List

Exchange NameKey FeaturesSupported CryptosFiat SupportSecurityFees
BitbnsEasy-to-use, offers staking, SIP, and tax reportsBitcoin, Ethereum, USDT, othersINR, USDT2FA, P2P verificationTrading fee: 0.1%-0.25%
UnocoinFocus on Bitcoin, systematic investment plans (SIP)BitcoinINR2FA, cold storageTrading fee: 1%
CoinSwitch KuberFast and simple interface, recurring buy options, low fees100+ cryptos including BitcoinINR2FA, cold storageTrading fee: 0.1%-0.5%
ExmoGlobal platform, fiat and crypto trading pairsBitcoin, Ethereum, othersINR, USD, EUR2FA, cold storageTrading fee: 0.1%-0.2%
P2PB2BMultiple crypto pairs, supports trading and stakingBitcoin, Ethereum, othersUSD, EUR, USDT2FA, P2P verificationTrading fee: 0.2%-0.1%
YobitWide range of altcoins, margin trading, advanced charting tools1000+ cryptosUSD, EUR, others2FA, cold storageTrading fee: 0.2%-0.1%
LunoUser-friendly, educational resources, local payment optionsBitcoin, Ethereum, XRPINR, USD, EUR2FA, cold storageTrading fee: 0.1%-0.25%
CoinFLEXFocus on derivatives trading, low fees, and unique features like flexUSDBitcoin, Ethereum, flexUSDUSDT, EUR, USD2FA, cold storageTrading fee: 0.05%-0.2%
BitsoLatin American focus, fiat-to-crypto conversion, easy-to-useBitcoin, Ethereum, othersINR, USD, BRL2FA, cold storageTrading fee: 0.1%-0.5%
ChangellyInstant exchange, simple interface, supports both fiat-to-crypto and crypto-to-crypto swapsBitcoin, Ethereum, othersINR, USD, EUR2FA, cold storageExchange fee: 0.5%-1%
BitQuickInstant Bitcoin buys with cash deposit, no sign-up neededBitcoinUSD, INR2FA, P2P verificationFixed fee: 2-4%
BitrueOffers advanced features like margin trading, staking, and flexible savingsBitcoin, Ethereum, XRP, othersINR, USD, USDT2FA, cold storageTrading fee: 0.05%-0.2%
ProbitKorean exchange with wide crypto support, offers staking and farmingBitcoin, Ethereum, othersKRW, USD, INR2FA, cold storageTrading fee: 0.2%-0.1%
AscendEXGlobal presence, trading pairs, token sales, staking, and lending optionsBitcoin, Ethereum, othersUSD, EUR2FA, cold storageTrading fee: 0.1%-0.2%
MEXC GlobalPopular for spot and futures trading, zero trading fees for some pairsBitcoin, Ethereum, othersINR, USD, USDT2FA, cold storageTrading fee: 0.2%-0.1%
BitGreenFocus on eco-friendly cryptocurrencies, offers fast transactionsBitGreen, othersUSD2FA, cold storageTrading fee: 0.2%-0.3%
PhemexProfessional-grade platform with advanced trading tools, crypto savings, and staking optionsBitcoin, Ethereum, othersINR, USD, EUR2FA, cold storageTrading fee: 0.1%-0.05%
DeepcoinOffers spot, futures, and leverage trading, liquidity solutions for large tradersBitcoin, Ethereum, USDT, othersUSD, EUR2FA, cold storageTrading fee: 0.1%-0.2%
BingXSocial trading platform, copy trading, multi-asset supportBitcoin, Ethereum, othersUSD, EUR2FA, cold storageTrading fee: 0.1%-0.2%
Biconomy.comMulti-chain decentralized exchange platform, gas-free transactionsEthereum, Polygon, othersUSDT, ETH2FA, cold storageTrading fee: Low to zero

20 Best Bybit Exchange Alternative In India

1.Bitbns

Bitbns is one of the most prominent Bybit alternatives in India which facilitates easy access to Bitcoin, Ethereum, USDT, and many other cryptocurrencies. It offers features like SIP’s, staking, and tax reports which make it ideal for both novice and advanced traders.

Bitbns Best Bybit Exchange Alternative In India

Users can deposit INR as well as withdraw which enhances the access for Indian users. BitId C provides great protection such as 2FA, cold storage, and significantly more enabling for safe trading.

Pros And Cons Bitbns

ProsCons
Offers Systematic Investment Plans (SIP) for cryptoLimited selection of altcoins compared to larger platforms
User-friendly interface for beginnersHigh withdrawal fees for INR transactions
Provides tax reports for easy filingLimited customer support response time

2.Unocoin

Unocoin is one of the leading Bybit alternatives in India focusing on bitcoin only. It has a straightforward trading platform making it easy for new and advanced users to use it. Unocoin offers other interesting services such as SIP for Bitcoin investment allowing easy and regular investment.

Unocoin Best Bybit Exchange Alternative In India

The platform accepts deposits and withdrawals in India’s currency which targets the Indian market. Unocoin also provides a safe trading environment through implementing strict security measures that include two factor authentication (2FA) and cold storage.

Pros And Cons Unocoin

ProsCons
Focuses on Bitcoin, offering a simple platformLimited cryptocurrency selection (Bitcoin only)
Provides systematic investment plans (SIP) for BitcoinDoes not support advanced trading features
Offers easy INR deposit and withdrawal optionsHigher transaction fees compared to other platforms

3.CoinSwitch Kuber

CoinSwitch Kuber is among the top competitors for Bybit in Indian cryptocurrency it’s relatvely easy to register and use this platform providing access to more than 100 cryptocurrencies including Bitcoin, Ethereum and USDT. It serves Indian clients with INR funding and withdrawal which makes it easier for the local users.

CoinSwitch Kuber Best Bybit Exchange Alternative In India

The interface of CoinSwitch Kuber is quite simple, has relatively low trading costs and allows for the periodic purchase of currencies. It claims to have strong security measures such as two-factor authentication (2FA) and cold storage to ensure that users are able to trade cryptocurrency in a secure manner.

Pros And Cons CoinSwitch Kuber

ProsCons
Supports over 100 cryptocurrenciesLimited advanced trading features
Offers a simple and beginner-friendly interfaceCan have delays during high traffic times
Provides recurring buy options for regular investmentDoes not offer margin or futures trading

4.Exmo

Exmo is a dependable Bybit alternative in India which offers a variety of coins for trading such as Bitcoin, Ethereum etc. The site facilitates trading in both crypto and fiat while allowing its Indian users to deposit and withdraw in INR. Exmo’s interface is easy to navigate and it’s complemented with strong security

Exmo Best Bybit Exchange Alternative In India

features like two-factor authentication (2FA) and cold storage for safe trading. With attractive fees and various trading pairs, Indian traders with little experience as well as seasoned crypto traders can make the most out of the Exmo platform.

Pros And Cons Exmo

ProsCons
Offers a wide range of trading pairsLimited support for INR deposits
Provides both crypto-to-crypto and fiat-to-crypto tradingUser interface can be overwhelming for beginners
Supports multiple fiat currenciesWithdrawals can take longer than expected

5.P2PB2B

P2PB2B is a perfect replacement for Bybit in India as it allows users to trade Bitcoin, Ethereum, USDT, among many other cryptocurrencies. Moreover, the platform accepts multiple fiats including INR which opens opportunities for Indian traders.

P2PB2B Best Bybit Exchange Alternative In India

Additionally, P2PB2B offers basic interface, low trading commissions, as well as various other crypto trading features. As a result of utilizing two factor authentication (2FA) and colde storage services, the exchange is able to provide secure and safe transactions effectively. Therefore, it makes P2PB2B as a best option for any new or experienced crypto trader in India.

Pros And Cons P2PB2B

ProsCons
Offers a wide range of cryptocurrencies and trading pairsLimited fiat currency options for Indian users
Provides low trading fees for spot tradingPlatform design may seem outdated to some users
Allows P2P trading with lower transaction feesCustomer support can be slow at times

6.Yobit

Yobit is one of the best popular Bybit alternatives in India, as it has the most number of coins including Bitcoin, Ethereum and a variety of other altcoins. The system allows Spot and Margin trading which adds to the user’s convenience.

Yobit Best Bybit Exchange Alternative In India

Yobit is also supporting the INR currency which aids Indian customers. Yobit provides Indian crypto traders with a safe and flexible trading experience as it integrates security features such as two-factor authentication (2FA), cold storage, low trading fees, and advanced charting tools.

Pros And Cons Yobit

ProsCons
Offers a vast selection of altcoinsUser interface can be difficult to navigate
Provides margin trading for advanced usersWithdrawal fees can be high for certain coins
Low trading fees on many pairsLack of fiat support for Indian Rupee (INR)

7.Luno

Luno is a reputable Bybit alternative in India and it provides a reliable and easy-to-use interface for trading in cryptocurrencies which include Bitcoin, Ethereum and XRP. With emphasis on usability Luno has an easy-to-use interface, which makes the platform suitable for both novice and expert traders.

Luno Best Bybit Exchange Alternative In India

The platform is tailored for the Indian market as it allows deposits and withdrawals in rupees. Considering the usage of measures like two factor authenticators (2FA) and cold storage, it is clear that Luno is safe for Indians.

Pros And Cons Luno

ProsCons
Simple and intuitive interface for beginnersLimited altcoin selection compared to larger exchanges
Strong focus on security and user protectionHigher trading fees for smaller transactions
Offers both crypto trading and savings accountsLimited advanced trading features

8.CoinFLEX

CoinFLEX is a dependable substitute for Bybit in India and it provides more advanced features in crypto trading like trade in derivatives and spot trading. Some of the currencies it accepts are the more popular cryptocurrencies namely Bitcoin, Ethereum and its own token FLEX. CoinFLEX has low fees for trading and has unique products like flexUSD that makes trading more efficient.

CoinFLEX Best Bybit Exchange Alternative In India

The platform allows users to deposit and withdraw in INR hence making it suitable for Indian users. With sufficient security measures, including 2FA feature enabled on users’ accounts and customers’ private keys stored offline, CoinFLEX provides Indian cryptocurrency traders with a safe and border-less trading experience.

Pros And Cons CoinFLEX

ProsCons
Offers a variety of trading products, including derivativesLimited customer support options
Low trading fees on futures contractsRelatively less popular compared to major exchanges
Provides flexible leverage optionsLimited fiat-to-crypto support

9.Bitso

Bitso serves as a solid Bybit substitute in India, as it provides many cryptocurrencies like Bitcoin and Ethereum for trade. Bitso is especially great for Indian traders as they can deposit and withdraw using INR. The interface is very intuitive, and the platform has all the safeguards including 2FA

Bitso Best Bybit Exchange Alternative In India

Cold storage, and other features supporting secure trading. Bitso allows international transfers, has very low fees, and is great for Indian crypto traders looking for a secure and trustworthy platform.

Pros And Cons Bitso

ProsCons
Supports multiple cryptocurrencies and trading pairsLimited availability outside of Latin America
Offers a user-friendly interfaceHigh withdrawal fees for certain currencies
Provides a secure wallet with 2FA protectionLimited advanced trading features

10.Changelly

Changelly is quite possibly the best alternative for Bybit in India due to its superb platform which is quick and efficient for swapping various cryptocurrencies. Changelly, unlike most regular exchanges, allows one to convert bitcoin, ethereum, usdt and many more instantly.

Changelly Best Bybit Exchange Alternative In India

It has the option to deposit and withdraw in INR as well which further adds on to its convenience for Indian traders. Moreover with low rates, no need to register for an account, and strong security including two-step verification (2FA) and cold wallets, Changelly gives its Indian users a smooth and secure trading experience.

Pros And Cons Changelly

ProsCons
Instant crypto-to-crypto and fiat-to-crypto swapsHigher exchange rates compared to other platforms
No registration required for simple swapsLimited fiat-to-crypto options in some regions
Supports a wide range of cryptocurrenciesCan have higher transaction fees for small amounts

11.BitQuick

BitQuick appearing to be a trustworthy Bybit alternative for India, specializing in the swift and secure making of Bitcoin transactions. The website enables users to purchase bitcoin through local bank deposits or payment systems, with a fast verification. BitQuick accepts INR for simple transfers, hence it is suitable for Indian customers.

BitQuick Best Bybit Exchange Alternative In India

Whether it is Korean or Indian, it is very easy for anyone to navigate through the website interface. Moreover, traders can buy Bitcoin using Geotrust. Such a security measure as two-factor authentication (2FA) provides ease to the Indian traders who wish to buy Bitcoin.

Pros And Cons BitQuick

ProsCons
Quick Bitcoin purchase with cash depositsLimited to Bitcoin only
No account registration required for transactionsHigher fees compared to other exchanges
Supports local bank deposits for ease of useLimited availability in certain regions

12.Bitrue

Bitrue is considered to be a good substitute for Bybit in India as it has a fairly rich selection of coins to trade with including Bitcoin, Ethereum, and XRP. Additionally, the platform has a feature for those looking to spot or margin trade, meaning that advanced traders are covered as well.

Bitrue Best Bybit Exchange Alternative In India

It also allows deposits and withdrawals in INR appealing to the local market. Trading fees are competitive, as well as some limited staking options on the exchange, and enhanced security features such as 2FA and cold storage. All of these make Bitrue a decent exchange for Indian crypto enthusiasts.

Pros And Cons Bitrue

ProsCons
Offers a wide variety of cryptocurrenciesUser interface can be complex for beginners
Provides staking options for passive incomeLimited fiat deposit options
Supports margin trading and advanced toolsCustomer support response times can be slow

13.Probit

Probit is a good replacement to Bybit in India with respect to other trading platforms. So, traders can trade Bitcoin, Ethereum, altcoins and multitude of other cryptocurrencies. Probit has advanced trading features like spot trading, staking, and farming thus making it usable by all levels of traders.

Probit Best Bybit Exchange Alternative In India

Probit serves its Indian users well as they are able to deposit and withdraw in INR. Probit has low transaction costs paired with strong security measures such as 2FA and cold wallets storage thus assuring crypto users in India that they are trading in a safe and trustworthy environment.

Pros And Cons Probit

ProsCons
Offers a wide range of altcoinsUser interface may seem overwhelming for beginners
Low trading fees on many pairsLimited fiat-to-crypto options
Provides staking and DeFi featuresSlow customer support during peak times

14.AscendEX

In India, AscendEX is one of the most reliable platforms and the best alternative to Bybit, offering spot, futures and margin trading. The platform also supports multiple cryptocurrencies such as Bitcoin, Ethereum, USDT, etc. Moreover, the platform allows users to withdraw and deposit INR, which is convenient for Indian clients.

AscendEX Best Bybit Exchange Alternative In India

AscendEX is able to guarantee a safe environment for doing business because of the presence of two-factor authentication (2FA), cold storage as well as a range of advanced trading tools and competitive fees. So, AscendEX is a perfect platform for both amateurs and professional traders in India.

Pros And Cons AscendEX

ProsCons
Offers a wide range of cryptocurrencies and tokensHigh fees on some withdrawal methods
Provides advanced trading features like futures and marginLimited customer support during busy times
Supports staking for passive incomeUser interface can be challenging for beginners

15.MEXC Global

MEXC Global is a popular cryptocurrency exchange in India that can compete for the status of the best Bybit alternative as it allows trading Bitcoin, Ethereum, and USDT among other cryptos. The exchange supports both future and spot trading and features of the platform are suitable for professional traders and investors.

MEXC Global Best Bybit Exchange Alternative In India

MEXC Global allows for deposits and withdrawals in INR which makes it convenient for traders in India. Low operational fee’s, good security features such as two-factor authentication (2FA) and cold storage makes using MEXC Global secure and easy allowing them to focus more on trading, hence MEXC Global is a preferable exchange to Indian crypto traders.

Pros And Cons MEXC Global

ProsCons
Offers a wide variety of cryptocurrencies and trading pairsLimited fiat deposit options
Low trading fees and competitive spreadsUser interface can be difficult for new users
Provides advanced trading features like futures and marginOccasional delays in processing withdrawals

16.BitGreen

BitGreen is quite a distinctive Bybit alternative for people in India, as it seeks a more sustainable approach to its finances through conservative trading and eco-friendly cryptocurrencies. The platform allows for different kinds of digital assets such as the native token of the platform, BitGreen, as well as Bitcoin and Ethereum.

BitGreen Best Bybit Exchange Alternative In India

With a simple interface and low costs, BitGreen caters to both newbies and seasoned traders quite well. It also offers secure transactions that make use of two-factor authentication (2FA) and cold storage. With such focus on eco-friendly manners of doing business as well as safe storage, BitGreen is an ideal platform for all Indian crypto traders who care for the environment.

Pros And Cons BitGreen

ProsCons
Focuses on eco-friendly cryptocurrenciesLimited selection of cryptocurrencies
Offers staking options for passive incomeLower trading volume compared to larger exchanges
Provides carbon-neutral trading solutionsLimited trading features for advanced users

17.Phemex

Phemex is a top Bybit alternative in India with great features for spot, future and derivatives trading. Phemex India users can easily deposit and withdraw in INR which opens trading to a large number of Phemex users. Phemex offers a great number of cryptocurrencies including Bitcoin, Ethereum, USDT and is designed for new and practiced traders.

Phemex Best Bybit Exchange Alternative In India

Advanced trading tools as well as two-factor authentication (2FA) and cold storage make it easy and safe to trade cryptocurrencies on Phemex, all at competitive charges. Overall this makes trading a breeze and secure for Phemex users in India.

Pros And Cons Phemex

ProsCons
Offers zero-fee spot trading for many pairsLimited fiat-to-crypto deposit options
Provides advanced trading tools and featuresCustomer support can be slow at times
Supports both spot and derivatives tradingSome advanced features may overwhelm beginners

18.Deepcoin

Deepcoin is a good replacement for Bybit in India; the platform offers a set of paid currencies that includes Bitcoin, Ethereum, and USDT. It is possible to do spot and futures trading on this platform, which means it can be used by novices and expert traders as well.

Deepcoin Best Bybit Exchange Alternative In India

Deepcoin accepts INR as a currency for withdrawal and deposit, thus enabling the use of the platform by users in India. Apart from making it easy to trade, Deepcoin also has affordable charges, a simple interface, and enhanced security measures like two-step verification (2FA) and cold storage, which makes it easier for Indian users to trade on the platform.

Pros And Cons Deepcoin

ProsCons
Offers a wide range of cryptocurrencies for tradingLimited fiat deposit options
Provides both spot and futures tradingUser interface may seem complex for beginners
Low trading fees and competitive spreadsCustomer support response time can be slow

19.BingX

BingX is known to be the most used alternative to Bybit in India, providing multiple features including trading of various cryptocurrencies such as Bitcoin, Ethereum, and USDT tangibly and in the future. The platform allows depositing and withdrawing money in INR. Therefore, it is convenient for Indian users.

BingX Best Bybit Exchange Alternative In India

There is also an easy to use interface, low fees, and advanced features like copy trading for new users for BingX. There are also comprehensive security measures of BingX such as 2FA and cold storage which makes it a safe platform for trading in India.

Pros And Cons BingX

ProsCons
Provides copy trading for beginnersLimited fiat-to-crypto deposit options
Offers low fees and competitive spreadsLack of advanced trading tools for professionals
Supports a wide range of cryptocurrenciesUser interface can be overwhelming for new users

20.Biconomy.com

One of the good alternatives to Bybit in India is Biconomy.com which aims to make transactions easier between different blockchains. This platform facilitates several currencies including Bitcoin, Ethereum and Polygon amongst trading and Decentralised finance (DeFi) services.

Biconomy.com Best Bybit Exchange Alternative In India

Biconomy provides easy INR deposit and withdrawal services which ease things for traders in India. Biconomy has considerably low costs and operates on a simple interface, while two-factor authentication (2FA) and cold storage serve as Biconomy’s security features to provide Indian crypto traders with a reliable trading experience.

Pros And Cons Biconomy.com

ProsCons
Focuses on simplifying cross-chain transactionsLimited selection of supported cryptocurrencies
Supports low-fee, fast transactionsPrimarily designed for DeFi applications, not traditional trading
Integrates with multiple blockchain networksNo direct fiat-to-crypto support

When Choosing The Best Bybit Exchange Alternative In India, consider the following key points:

Supported Cryptocurrencies: Check that the exchange provides support for a significant number of assets, not only Bitcoin, Ethereum, or USDT.

User Interface: Friendly interfaces are one requirement with the beginners as well as with the professional users.

Availability of Support for INR: It is easier to deal with those exchanges or trading platforms who allow transacting in INR for deposits and withdrawals.

Security Measures: An improvement in security including 2F authentication, and securing funds offline on cold storage.

Commissions and Fees: When looking for new ones, make sure to consider the overall transaction, deposit and withdraw fees and make the cost-effective decision.

Trading Tools Available: Subscribe to those that meet your needs, and may even include spot, futures and even margin trading in futures.

Support Related to Customer: An accessible support will be very helpful to clients by solving any issues in a timely manner.

Funding: Possessing several satisfied customers and a firm history as users are found on the internet, hence selecting a reliable and secure exchange.

Depth of Market: There must be enough balances in the order books to establish trades at the best prices available.

Conclusion

To claim that Bybit is the best exchange in India would be overly presumptuous since there are several good Bybit alternatives in India that have stronger features.

There are numerous platforms such as CoinSwitch Kuber, Bitbns, and P2PB2B which have a good user interface and allow for INR transactions, whereas more advanced trading platforms offer exchanges such as Phemex, MEXC Global.

Make sure to specify any particular coin you are interested in, any restrictions you have in terms of trading fees, the security measures you want in place, or the customer care you expect so that a platform that matches your level and expectations is suggested to you.

LEAVE A REPLY

Please enter your comment!
Please enter your name here