Crypto Exchanges India: Best Platforms, Risks, and What to Avoid

When you’re looking for crypto exchanges India, online platforms where Indian users can buy, sell, and trade cryptocurrencies like Bitcoin and Ethereum. Also known as Indian crypto trading platforms, these services let you turn rupees into digital assets—but not all of them are safe or legal. Since India’s crypto scene exploded after 2020, dozens of exchanges popped up, but only a few still work well today. The Reserve Bank of India doesn’t ban crypto outright, but banks often block transactions tied to exchanges. That’s why choosing the right one matters more than ever.

Crypto regulation India, the rules that govern how digital assets are traded and taxed in the country. Also known as Indian crypto laws, it’s changed fast. In 2022, the government started taxing crypto gains at 30%, with no deductions allowed. Plus, any transaction over ₹50,000 in a year triggers TDS at 1%. That means even if you break even, you might still owe tax. And if you’re using an exchange that doesn’t report to the tax department, you’re on your own when the IT department comes knocking. Meanwhile, crypto tax India, the system that tracks and collects taxes on crypto profits. Also known as cryptocurrency income tax India, it’s not optional. The government now has access to transaction data from major exchanges, so hiding trades won’t work anymore. The smart move? Use only platforms that provide clear transaction history and tax reports. And here’s the catch: some exchanges still listed in search results have vanished—no customer support, no withdrawals, no answers. You’ll find posts here about platforms like LATOKEN, HomiEx, and VAEX that looked legit but left users stranded.

What you’ll find below aren’t generic lists. These are real reviews from people who tried to trade, withdrew funds, got locked out, or got scammed. You’ll see which exchanges still accept UPI, which ones quietly delisted coins without warning, and which ones have actual Indian customer service. Some posts warn you about fake airdrops pretending to be from Indian platforms. Others show how to spot a ghost exchange before you deposit a single rupee. This isn’t theory. It’s what happened to real traders in India—and what you need to know before you click "Buy".