Well when you open up Quora
This was the most upvoted answer
SOURCE - https://www.quora.com/What-is-the-best-cryptocurrency-exchange-in-India
1.Is it important for you that your exchange accepts deposits of cryptocurrencies? (Yes/No)
If you currently have cryptocurrencies and just want to change your exchange, the new exchange must accept deposits of cryptocurrencies. Some exchanges only do Fiat-to-crypto and those exchanges are then not available to you.
2.Is it important for you that your exchange accepts credit card deposits? (Yes/No)
I would personally steer clear of buying cryptos with credit cards but if you want to do that, all exchanges do not offer that option.
- Are you a US-based investor? (Yes/No)
Many exchanges prohibit US-investors.
4.What’s the highest fee you can accept to be charged?
Trading fees range from 0 to 20.00% (and everything inbetween). The lower fee you require, the fewer exchanges are available to you. Industry average seems to be around 0.25% (and the 20.00%-ones are nothing short of criminals).
5.Which cryptocurrencies do you want to trade?
A very important question of course. If you’re looking to buy BTC and ETH, most exchanges have that option. If you’re looking for a less known coin, not all exchanges will have that.
Well to me there are many other questions which come to a persons mind while looking at the exchanges
Volume ---- zebpay is king then koinex> bitbns >wazirx
Deposit options ---- in this department so many other exchanges have taken up lead with koinex , wazirx having instant deposit options via upi not to say zebpay doesn't have an option of net banking but then of course why pay any fee if you can do it for free . BITBNS is known for its deposit related issues\
Withdrawal ----- area where almost all exchanges are more or less equally lagging instant withdrawal system now is very rarely seen except for peer to peer exchanges with time lag of 1-3 working days being common.
add to this the rbi ban decision one wonders what next???
4.Customer support --- no instant telegram support by zebpay but makes up for it by efficient problem solving through email support . In this regard bitbns and koinex are better
5.Crypto assets available for trading- here koinex, wazir x and bitbns take lead over zebpay but whats the point of so many coins but so less volume
All in All my rating
Zebpay 3.5 out of 5
Koinex 3 out of 5
BItbns 2.5 out of 5
Wazirx 2.5 out of 5
please share your opinion also in comments like share and subscribe
and next blog would be about what next after 5th JULY
Overall Zebpay is still the best exchange for me even with its share of problems
Pls do comment share my profile and blog
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