Crypto Exchanges India: Legit Platforms, Rules, and How to Trade Safely

When you’re looking for crypto exchanges India, online platforms where Indian users can buy, sell, or trade digital assets like Bitcoin and Ethereum. Also known as Indian crypto trading platforms, these services let you convert rupees into crypto and back—without needing a bank that supports crypto directly. But not all exchanges are legal or safe in India. After the 2022 RBI circular and the 2025 tax rules, only a few platforms still operate with clear compliance.

One major thing to know: Indian crypto regulations, the legal framework that governs how digital assets are taxed, traded, and reported by residents. Also known as VDA tax rules, they require every crypto transaction to be tracked, and gains to be reported under Income Tax. If you’re trading on an exchange, you need one that follows FEMA compliance, rules set by India’s foreign exchange regulator that control how money moves in and out of the country. Most global exchanges like Binance or Kraken don’t support INR deposits anymore, so local platforms that offer UPI, NEFT, or IMPS are your only real options.

That’s why P2P crypto trading, direct peer-to-peer deals between buyers and sellers, often using escrow services to protect both parties became so popular in India. Even after exchange restrictions, millions still trade Bitcoin and USDT through platforms like Binance P2P or CoinDCX’s P2P zone. It’s not perfect—there are scams—but it’s the most flexible way to trade without a bank account that supports crypto.

And don’t get fooled by fake exchanges like Alita Finance or BtcPro. These sites look real but have zero regulation, no user base, and vanish overnight. Real exchanges in India show their license details, have customer support in Hindi and English, and don’t promise 10x returns overnight. They also clearly explain how crypto tax India, the 30% tax on profits and 1% TDS on every trade applies to your trades. If a platform doesn’t mention taxes, walk away.

Below, you’ll find real reviews of platforms that actually work in India—some with INR support, others with P2P options. You’ll also see warnings about scams that pretend to be exchanges, and guides on how to move crypto abroad legally. No fluff. No hype. Just what you need to trade safely under India’s rules.