Cryptocurrencies are digital currencies that are designed to work through a decentralized system. They also go by another name called crypto. Cryptocurrencies enabled the exchange of digital currencies without the overlooking of the government or a bank. People can now invest in Cryptocurrencies by downloading the best Crypto Trading Apps. Even though cryptocurrencies work through the Blockchain, they are bought and sold via third-party services called cryptocurrency exchanges.

Crypto Trading in 2022: Growth of crypto over the years

The word crypto started gaining traction back in the year 2017. From the year 2017 to 2020 the growth was very slowly incremental. But during the pandemic, the growth of the crypto markets gained sudden traction and the value of cryptocurrencies has never been better as opposed to that period. The major contributing reason is that the government has started acknowledging the concept of cryptocurrencies. There is a lot of speculation regarding this but we can expect proper guidelines for the same soon. The current trend of crypto is not that great as the value is low at the moment.

Learn the Real Key to Cry​pto Trading

Different cryptocurrencies available:

There are a lot of cryptocurrencies that have come up in the last 5 years. Some of them are listed out below:

• Bitcoin

• Litecoin

• Ethereum

• Dogecoin

• Stellar and so on.

Learn more about these top cryptocurrencies by downloading the best Crypto Trading Apps today.

Why is cryptocurrency so popular?

There are a lot of reasons contributing to why crypto is the word of the day. Some of the reasons are listed out below:

• The biggest contribution to the growth of Crypto Trading in 2022 is word of mouth. A lot of people are talking about how much you can gain by owning a single bitcoin and so on.

• While a lot of governments around the world have not legalized payments through cryptocurrencies, some countries are leading the way towards the crypto economy by not only acknowledging crypto but also having systems in place so that no frauds and other activities take place.

• In the last 2 years, the concept of Blockchain and metaverse has gained traction. This has led people to invest in crypto as well.

How do you trade in crypto?

You can buy or sell cryptocurrencies through Crypto Trading Apps. These are platforms that enable you to buy and sell crypto while ensuring that each transaction made is highly secure. Here are some of the top cryptocurrency exchange platforms in India:

• WazirX

• Unocoin

• CoinDCX

• Zebpay

• CoinSwitch Kuber and many others.

Cryptocurrency exchange platforms and their features:

Here are the platforms available to for Crypto Trading and their features:

1. WazirX

• WazirX provides best-in-class security to ensure that you feel safe while transacting using the app. 

• It has a very fast KYC verification process while also ensuring lightning-fast transactions in crypto. This is why it is considered to be among the best Crypto Trading Apps.

• The platform can be accessed via the Web application, Android application, iOS application, Windows, and Mac OS devices.

• The app is built by the believers of Blockchain and its applications in our future. 

• The charging fee applicable to both the taker and the maker is 0.2%.

Here's the link to download the app.

1. Unocoin

Unocoin is a Crypto Trading platform that is very well known for the user interface and support that it provides. It supports a multitude of cryptocurrencies. Here are the features of Unocoin listed below:

• As a part of the signup process, you need to complete a KYC Verification process. This is done to ensure the authenticity of each user and the safety of every transaction made on the app. In addition to this, there is 2factor authentication making the app safe.

• People who use the app mostly trade in Bitcoin, Ethereum, and US Doller Tether.

• It allows you to deposit a minimum of Rs. 1000.

• Other safety features are fingerprint ID and passcode.

You can download the app from the following link.

1. Zebpay

Zebpay is a crypto trading platform that 5 million traders around the world use. In India, Zebpay is considered one of the leading crypto trading platforms. Here are the features of Zebpay listed below:

• The app enables you to deposit and withdraw INR using Net Banking or through UPI.

• Zebpay can be accessed via an app through the Play Store or the App Store and it is cross-platform which makes it accessible to most users.

• The transactions that happen on the platform are super-fast and it allows a maximum of 0.002BTC per transaction.

• Zebpay has a different charge for the taker and the maker. The taker is charged 0.25% while the maker is charged 0.15%.

• Zebpay also charges 0.0001BTC which amounts to Rs. 340 as a membership fee that is charged every month.

You can download the app from the following link

1. CoinDCX

CoinDCX was founded in the year 2018 by Sumit Gupta and Neeraj Khandelwal. CoinDCX allows its users to invest in Bitcoin and Ethereum among 200+ cryptocurrencies. The features of CoinDCX are as follows:

• The platform has an intuitive dashboard that helps its users to manage their crypto portfolios.

• The platform is typically meant for experienced crypto traders.

• The platform allows users to invest in 200+ cryptocurrencies.

• The signup and KYC process are super-fast.

You can download the app from the following link

1. CoinSwitch Kuber

CoinSwitch was founded in the year 2017 by Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni. It allows users to deposit INR into the platform. Users can then buy or sell their cryptocurrencies. Here are the features of the app listed out below:

• The platform enables users to trade in 100+ cryptocurrencies with super fast transaction speeds.

• The minimal deposit that a user can make to use the app is Rs. 100.

• No brokerage fee is applicable for users of this platform.

• The KYC and signup process is fairly simple and can be done in a fast manner.

You can download the app from the following link.

Cryptocurrencies and their values are volatile. This means that their values can go on jumping up and down depending on several factors. You must stay patient when you invest in crypto.

Conclusion:

There are a lot of Crypto Trading Apps these days and to choose which ones are the best, you must consider weighing the pros and cons of the apps or platforms. That being said, you are responsible for the transactions you make so you must know what you are doing before transacting on such platforms.