20 Best Crypto Options Trading India: Crypto Trading Apps

In this article, I will discuss the best crypto options trading platforms in India. With the growing popularity of cryptocurrencies, many traders are looking for reliable platforms to trade crypto options.

I’ll cover top platforms that offer a secure, user-friendly experience, competitive fees, and advanced trading tools, helping you make informed decisions for successful crypto options trading in India.

Key Points & Best Crypto Options Trading India List

20 Best Crypto Options Trading India

1.BuyUcoin

BuyUcoin has quickly become one of the prominent platforms for all-crypto traders in India looking to buy, sell, or trade the digital currency with ease.

Multiple cryptocurrencies are offered meanwhile giving access to advanced trading instruments such as futures and margin trading.

Due to safe transactions, easy-to-use options, and BuyUcoin dominance in India, this platform can be recommended to all cryptocurrencies traders in search of dependable trading possibilities.

Pros And Cons BuyUcoin

Pros:

• A simple interface that is suitable for first time users.
• Allows deposits and withdrawals in INR.
• Lots of cryptocurrency coins available for trade.
• A safe platform which has good encryption.
• Charges lesser fees on transactions than other exchanges in India.

Cons:

• Almost no advanced trading features available.
• Withdrawal fees are often too high on some assets.
• Limited means to reach customer support.
• The app is at times sluggish.
• No options or futures trading on crypto is available.

2.Stryke

Stryke is a crypto options trading platform specifically targeted towards the Indian trader. It focuses on derivatives trading that comes with high liquidity and lower fees which can be quite helpful to seasoned traders.

Stryke offers several features like leveraged trading and custom options, which are perfect for traders seeking to enhance their trading tactics in the crypto space.

Pros And Cons Stryke

Pros:

• Focus on various derivatives and options trading.
• Provide a fast order execution owing to the high liquidity.
• Greatly enhance the potential for profit by offering leveraged trading.
• Provides very low fees which help to save for traders.
• Provides options for multiple cryptocurrencies.

Cons:

• Beginners might find the platform somewhat complicated.
• They have poor coverage regarding educational content for new traders.
• Appearing smaller in size and fame to other big exchanges.
• Slow response time from customer support representatives.
• Competitive rates hold for withdrawals as well.

3.Deribit

Deribit is one of the most popular platforms for crypto options trading in India which focuses on Bitcoin and Ethereum derivatives and markets. The platform supports high leverage as well as low trading and withdrawal fees

Which is ideal for professional traders. Furthermore, it has a strong reputation for security and fast execution which allows its clients to trade flawless and make profits during volatile times in the crypto market.

Pros And Cons Deribit

Pros:

• Focuses on trading options and futures of crypto currencies.
• Great leverage for advanced traders.
• Very low latency & order execution is rapid.
• Low Fees, great for high traders.
• Very good security hypo with two factor authentication.

Cons:

• Only support bitcoin and ethereum options and nothing else.
• Not easy to learn for an average trader owing to its complexity.
• No services who want to fiat: buy crypto directly.
• No availability in some countries.
• Not much educational material is there for new traders.

4.BIT

BIT is a trustworthy operational crypto options trading platform for Indians with a user-friendly interface and reasonable charges. It allows various crypto issues, such as Bitcoin and Ethereum, in options and futures trading.

Bit has a lot of advanced features such as leveraging and fast order implementation which make the platform a good option for traders who desire efficiency and ease while trading.

Pros And Cons BIT

Pros:

• Ancillary services available include trading with a variety of more than 30 cryptocurrencies.
• Users on the adequate level will find the trading fees affordable market reality in place.
• Other features such as margin trading are available.

Cons:

• The responsiveness during peak trading hours is disappointing.
• The multi-layered system is present in the larger platforms which this one does not seem to possess.
• The number of educational materials with respect to beginning traders is below the critical threshold.

5.WazirX

WazirX is widely recognized among the top crypto exchanges in India granting easy options trading along with a large number of cryptocurrencies for its users.

It offers a simple interface as well as low costs to its users thus WazirX is quite efficient when it comes to making trades of crypto options.

It also permits deposits in INR which is beneficial for people from India. WazirX offers safe transactions and quick trade execution enabling smooth trading.

Pros And Cons WazirX

Pros:

• The interface is straightforward whether the user is a novice or an expert trader.
• Allow deposits and withdrawals in Indian Rupees.
• Diverse cryptocurrencies are offered for trading.
• Provides users with staking and earning opportunities.
• Follows two-factor authentication as an additional method of security.

Cons:

• High traffic times may lag the response times of customer support.
• Some sophisticated trading instruments and features are available only in limited quantity.
• When compared to other exchanges, withdrawal fees might be high.
• Some altcoins might have a low level of liquidity.
• Transaction costs increase when the number of transactions increases within a given time.

6.CoinDCX

CoinDCX is a top exchange in India for crypto options trading with various crypto options for trading. It is also known to have a high fee competitive platform and a great interface, where traders can trade cryptocurrencies as well as have access to leverage and stake.

It also stays true to its promise of security, speed, and efficiency of transactions including depositing in INR thus making it favorable to both novice and veteran traders in the market within India.

Pros And Cons CoinDCX

Pros:

• Provides facilities to buy and sell a large number of cryptocurrencies.
• Small transaction costs, especially for large traders.
• Allows various advanced trading features, including margin trading.
• Good layers of security with strong encryption and two steps authentication.
• Clean and simple interface that suits people of all experience levels.

Cons:

• Lack of customer support during busy times.
• Some advanced options might be tough for the newbies.
• Over withdrawal fees on particular cryptocurrencies.
• Staking alternatives are lower than that of big exchanges.
• Sometimes suffers from slow transactions when several users due to lots of demand.

7.ZebPay

ZebPay has established itself as a platform of choice for crypto options trading in India, providing an easy to use and safe environment.

With a robust reputation for high security, ZebPay enables users to trade in a variety of digital currencies, including Bitcoin and Ethereum.

In particularly, they have extremely well developed trading environments that offer both options and futures at reasonable cost. For Indian traders wishing to trade seamlessly in the crypto space, ZebPay is a reliable option.

Pros And Cons ZebPay

Pros:

• Among the oldest and most reputable Indian exchanges.
• Allows to trade in multiple cryptocurrencies.
• Secure sites with cold storage and two-factor authentication.
• Allows deposits and withdrawals in INR making it more straightforward.
• A mobile application that fits people’s trading needs very well.

Cons:

• More expensive to trade in terms of fees than most exchanges.
• Advanced trading tools and features are missing.
• Customer support is rather slow to respond.
• High withdrawal fees for particular crypto coins.
• Doesn’t have much popularity outside their country compared to international exchanges.

8.Unocoin

Unocoin is one of India’s leading crypto exchanges, and it specializes in Bitcoin investments. It is primarily oriented on Bitcoin, however, it also provides systematic investment plans (SIPs) as well as secure transactions.

While they don’t emphasize crypto options, most Indian traders looking for a straightforward method to invest and trade Bitcoin will find Unocoin’s low fees and simple, reliable interface appealing.

Pros And Cons Unocoin

Pros:

• Focuses on trade/investment in Bitcoin only.
• Provides an option for SIP in Bitcoin as well.
• User-friendly interface which helps beginners.
• Accepts the Indian rupee for deposit and withdrawal.
• Announces presence of two-factor authentication for better security.

Cons:

• Trade only in Bitcoin, no other altcoins.
• Does not provide margin trading, options or other advanced trading features.
• Higher fees for transactions as compared to other options.
• Very few customer support channels available.
• Unsuitable for experienced investors who are looking for wider options.

9.Bitbns

Bitbns is certainly one of the go-to platforms for crypto options in India with a host of cryptocurrencies. Lauded for its simplistic design, the platform also allows for margin trading, SIP option, and has great rates.

The site provides a safe environment and quick order execution thus making it a good option for someone looking to start trading or a seasoned trader looking to practice options trading in India.

Pros And Cons Bitbns

Pros:

• When it comes to cryptocurrencies, there’s a huge selection to trade with.
• Indian traders can make deposits and withdrawals in INR.
• Investors can implement a SIP for crypto.
• Great trading rates for active traders.
• Our platform is safe with strong encryption and 2-step verification.

Cons:

• Advanced tools like options and futures aren’t available.
• At times, customer service levels are extended peak times.
• Limited information for newbies.
• Some cryptocurrencies have very high withdrawal fees.
• Some of the functions of the app may be buggy from time to time.

10.Koinex

Koinex was one of the renowned crypto trading platforms in the Indian market providing multiple cryptocurrencies for trading. However, the platform has been shut down for a while.

The platform was recognized for its simplistic design, multi-asset support, and low trading fees. Koinex simplified the process for Indian traders and emerged as their favorite exchange when it was up and running in the Indian markets.

Pros And Cons Koinex

Pros:

• Higher range of currencies for trade.
• The platform is comfortable and easy to navigate.
• The system is well secured and has two-step verification.
• Feels much lower than other exchange fees.
• Allows margin and withdrawal of INR by residents of India.

Cons:

• Shut down in 2019, has ceased operations.
• People would spend so much time on hold.
• Unfortunately, they provided any type of advanced trading – margin or options, for that matter.
• Some delays in the transactions took place in peak times.
• Mobile application was not available prior to the shut down.

11.Coinswitch Kuber

Coinswitch Kuber has become one of the leading crypto trading platforms in India allowing users to buy, sell and trade digital currencies quickly and safely.

Engaging in options trading is not the platform’s focus, however its differentiating selling points include the variety of offered cryptocurrencies, low fees and high usability.

Coinswitch Kuber is perfect for both novice and experienced traders who want to work with Indian rupees effortlessly.

Pros And Cons Coinswitch Kuber

Pros:

• There is a variety of cryptocurrencies available for trade.
• The platform has an appealing user interface with a smooth learning curve for novices.
• Its fees are reasonable and do not contain any undisclosed amounts.
• INR deposits and withdrawals are available.
• Instant swapping of crypto-assets with no additional costs.

Cons:

• Not many sophisticated trading mechanisms are found.
• No margin and options are found on this site.
• During peak time, this company’s customer help can be pretty slow.
• Not enough material is in place to assist newcomers in getting started.
• Some altcoins have poor liquidity in comparison to larger exchanges.

12.PocketBits

Having established itself as a reputable crypto exchange in India, PocketBits features an intuitive interface which facilitates the buying and selling of digital assets.

Though options trading is not PocketBits’ main focus, it allows its users to trade well-established cryptocurrencies such as Bitcoin and Ethereum safely.

With quick transfers, competitive fees, and a high level of security, PocketBits is among the best sites for Indian traders.

Pros And Cons PocketBits

Pros:

• It allows Indian users to deposit and withdraw funds in the INR currency as well.
• There are multiple options in crypto currencies that the user can trade on.
• A secure platform is set out with the use of two step verification.
• The platform is simple to use for new traders.
• The trading fee is low as compared to many other sites.

Cons:

• Users have simple types of trading which is more suited for basic users with no margin trading or futures.
• Sometimes the waiting time for responses in the customer support is long.
• For beginners, there is insufficient support provided in terms of learning materials.
• The application for mobile trading has not been launched yet. Only the web version is available to the users for the time being.

13.Coinjar

Coinjar is a digital currency trading platform which is headquartered in Australia but has an international reach. It can be used to effortlessly buy, sell and store cryptocurrencies.

While cryptocurrency options trading is not its strong point, Coinjar has a number of digital assets, reasonable fees, and an easy to use interface.

For Indian traders seeking a straightforward crypto experience, Coinjar’s insured security functions and quick transaction times make it a favorable option.

Pros And Cons Coinjar

Pros:

• Provides a reliable and easy program to start with.
• Allows trading different varieties of cryptocurrencies.
• Charges reasonable fees on trading and withdrawals.
• Good security measures enable two-factor authentication process.
• Various options are there for the customers to make a deposit.

Cons:

• Only the basic functions are offered. Advanced trading features are missing.
• Margin trading or options trading are not available.
• Some payment methods like credit card incur higher costs.
• Customer services have restricted number and poor timeline.
• Other countries are not supported hence expansion is limited.

14.Binance

Binance is a huge cryptocurrency marketplace offering advanced options trading to Indian users with a need for more sophisticated features. Binance covers the whole crypto trading experience with numerous coins, low charging fees and a large trading volume.

Its features include margin trading, options and futures, which enable traders to possess a higher degree of their position. Given its strong security measures and international exposure, it is especially popular among Indian crypto traders.

Pros And Cons Binance

Pros:

• A choice of numerous volatile coins to trade with some liquidity.
• Fair commissions with further reducing due to VIP levels.
• Has all the options: futures, margin, and options trading.
• Trading is securely protected with encryption and two-factor authentication.
• Enables their customers to trade whenever and wherever they want.

Cons:

• Intricate structure which would be difficult for newcomers.
• Customer support may take longer than expected during peak load times.
• Certain market access is a no-go due to legal restrictions in some territories.
• Some limitations in access to assets or high withdrawal fees for certain currencies.
• There are levels of experience required to use some advanced features.

15.KuCoin

KuCoin is an advanced crypto exchange focusing on options trading for its Indian users. KuCoin has thousands of cryptocurrencies, low trading fees, and high volumes, making it a suitable trading platform for both novice and professional users.

It offers options, futures, and margin trading which makes it a versatile platform. Due to the safety protocol at KuCoin and its international services, it is one of the best platforms for Indian options trading.

Pros And Cons KuCoin

Pros:

• Supports numerous cryptocurrencies and trading pairs.
• Fairly cheap transaction fees and can be made lower by utilizing the native cryptocurrencies.
• Includes futures, margin and staking options for advanced trading.
• Provides two-factor authentication and cold storage to its users.
• Allows for mobile trading with a well-designed app.

Cons:

• Average response time for customer responses during rush hours is way longer.
• Not very many options to deposit or withdraw fiat currency in exchange for cryptocurrency.
• No support for INR deposits which may be a hassle for clients from India.
• For some assets, it may be uneconomical to withdraw due to high withdrawal charges.
• Availability in certain areas may be limited severely due to legal issues.

16.eToro

eToro is regarded as a platform for crypto trading in India, where Indian traders have a good selection of digital assets. Although it focuses on copy trading and social trading, eToro also has crypto derivatives and crypto options trading.

What stands out about eToro and sets it apart from the rest of the market is the ease of use, low cost structure and high levels of security.

eToro is ideal for both novice traders and more sophisticated Indian crypto traders who are looking for an easy to use and understand platform.

Pros And Cons eToro

Pros:

• The platform is efficient and simple enough even for the inexperienced.
• Has a variety of cryptocurrencies, stocks, and even commodities.
• Allows users to replicate strategies and moves from the best traders in the community.
• High level of protection of client accounts with a two-factor authentication system.
• Can be used in many countries which makes it handy worldwide.

Cons:

• Charges a considerable fee for crypto withdrawal which is quite steep when compared to other platforms.
• Only a few types of cryptocurrencies are available for frequent trading purposes.
• No such advanced features of trading such as futures or even options.
• Charges for services which are not related to trading such as charges for being inactive.
• Can be quite slow in terms of responding to clients during peak operating hours.

17.Bybit

Bybit is a popular crypto options trading platform in India with a special focus on derivatives and leverage trading activities. It has also includes various digital assets such as Bitcoin and Ethereum with low fees and great liquidity.

Bybit enables its clients to access cheap liquidity, and provides various trading options which fit the needs of active traders interested in options and futures trading in India.

Pros And Cons Bybit

Pros:

• Provides futures, advanced order types, and other tools that can enhance your trades.
• Provides low trading costs especially for those who make many large trades.
• Ample market volume allowing for quick and easy transactions.
• Cold storage facilities and two-factor authentication among other security features.
• A mobile app is available for users wishing to trade away from their desktops.

Cons:

• Not many ways for users to buy cryptocurrencies with cash.
• Live chat support can be a bit overwhelmed at peak hours which can cause delays.
• Countries such as the USA or Canada have been restricted.
• Only some altcoins can be directly traded against the USDT pair.
• Minimal content aimed at easing new users into the platform.

18.OKX

In India, OKX is one of the top platforms in the crypto options market. It has a wide range of complex features such as margin and options trading.

OKX has everything from a large variety of crypto assets, low rates and plenty of liquidity making it ideal for all types of investors, whether newbies or well seasoned veterans.

In addition, the fast and stable environment, immediate orders and all in one trading suite, make it easy to make OKX the preferred platform for crypto options trading in India.

Pros And Cons OKX

Pros:

• Accepts a wide array of cryptocurrencies and variety of trading pairs.
• Provides features for advanced trading like futures, options or margin trading.
• Uses low trading fees and additional discounts for OKX native token users.
• Sustains high security with 2FA and cold wallet for storage.
• Allows deposits and withdrawals in many fiat currencies.

Cons:

• Complicated interface that may be too much for starters.
• Customer support has extremely long wait times when demand gets high.
• Some cryptocurrency withdrawals can be expensive due to fees.
• Some parts of the world have restrictions that can make access hard.
• Basic guide articles are few and far between. Which ups accessibility level for beginner traders.

19.Huobi

Huobi India is a global option trading platform with advanced functionality for Indian traders. Among the most competent, it offers all kinds of cryptocurrencies along with low rates and high liquidity.

Huobi allows options, futures and margin trading. Due to its strong security measures, quick execution, and easy interface, it is a suitable platform for different users who are willing to trade in digital currencies and use forex options in India.

Pros And Cons Huobi

Pros:

• Provides noting less than diversity with the numerous cryptocurrencies and trading pairs available.
• Enhanced trading functionalities such as futures contracts, margin trading and options.
• The trading fees are low and there are discounts or better offers when Huobi’s native token is used.
• Strong security measures that include two-step verification and cold storage measures.
• Different fiat currencies are accepted for deposits and withdrawals without strain.

Cons:

• There are virtually no educational tools to guide beginners.
• Customer support is slow to respond during busy times.
• Regulatory challenges in certain jurisdictions may restrict services.
• The cost of withdrawal from the account is higher than the average market price.
• For first time users, the interface is also a bit complicated.

20.P2PB2B

P2PB2B is a global exchange of digital currency which offers options trading with multiple assets. It supports different types of cryptocurrencies so it has reasonable fees, good liquidity, and a secure trading environment.

The versatile qualities of trading options and a trustworthy trading platform of P2PB2B might attract Indian traders interested in crypto options and opportunities available in the market.

Pros And Cons P2PB2B

Pros:

• The exchange is suitable for numerous different cryptocurrencies.
• Trading fees are reasonable, particularly for fee hunters.
• Features like spot and margin trading are available and allow effective trade.
• Has two-step verification so there is a very low chance of account hacking.
• The exchange can be found in many different languages.

Cons:

• The quality of customer support is quite low and very few channels are available to reach for it.
• There are not a lot of ways to deposit and withdraw fiat in exchange for cryptocurrencies.
• The reliability of the platform is sometimes poor.
• Most of information related is scarcely available on the interface.
• It cannot be said that this exchange is very famous.

The Elements That Determine The Best Crypto Options Trading India

Reputation: The level of trust of users in the respective platforms, supported by reviews.

Security: We have a preference for providers that secure their platforms with 2-factor authentication, encryption among others.

Fees: We identify the exchanges that are cost-effective in terms of their transaction fees, trade fees, etc.

Liquidity: The presence of high liquidity enhances the efficiency of executing trades, in particular for options.

User Interface: Enhancing user experience, we choose the platforms which are easily navigated.

Range of Cryptos: The availability of Bitcoin, Ethereum among others for options trading.

Regulatory Compliance: The platforms in this category are duly licensed in their respective jurisdictions.

Customer Support: We consider services for customers that are fast to respond and easy to reach.

Advanced Trading Features: We welcome those that provide any platforms that allow options, futures & margin traders.

Payment Options: That some of the payment methods/barriers include support for INR that is deposit and withdrawal methods.

Conclusion

To summarize, the top ranked crypto options trading platforms in India provide low costs, superior features, and robust security.

Traders should pay particular attention to aspects such as user-friendliness, customer services, and the range of cryptocurrencies to be able to identify a suitable platform with ease.

Adhere to the rules always and keep abreast with regulated changes, thus improving the quality of your trading.