India’s crypto exchange market is moving through a stricter compliance phase in 2026 as FIU registration, KYC checks, tax reporting, and INR access shape user choices. CoinDCX, CoinSwitch, WazirX, ZebPay, Mudrex, Giottus, Unocoin, Bitbns, SunCrypto, and KoinBX remain key platforms for Indian users
Crypto exchange use is growing as India places focus on FIU registration, KYC checks, tax reporting, and anti-money laundering controls in 2026. The government has brought virtual digital asset service providers under anti-money laundering and counter-terror financing rules.
As of March 9, 2026, 54 VDA service providers had registered with FIU-India as reporting entities, according to a Ministry of Finance reply in Parliament. The report said VDA service providers must report specified transactions, including suspicious transactions, to FIU-India.
It also stated that FIU-India had directed the takedown of several non-compliant VDA platforms. Therefore, users now need to check FIU status, KYC rules, INR access, security, fees, liquidity, withdrawals, and tax reporting before choosing a crypto exchange.
CoinDCX
CoinDCX remains one of the most active crypto exchanges in India. It supports INR-based trading, spot markets, futures access, and a wide range of crypto assets for Indian users.
The government’s March 2026 list named Neblio Technologies Private Limited as the reporting entity behind CoinDCX. CoinDCX also states that Neblio Technologies Pvt. Ltd. is its FIU-registered entity. The platform has also published transparency updates covering reserves, compliance, user protection, and trading activity.
CoinSwitch
CoinSwitch serves Indian retail users through an app-based crypto trading platform. It supports spot trading, futures trading, options trading, Web3 coins, OTC trading, API trading, staking, and systematic investment products.
The government’s registered VDA list names Bitcipher Labs LLP as the reporting entity for CoinSwitch. CoinSwitch also states that it is FIU registered and ISO/IEC 27001:2022 certified. The platform says it pools liquidity from Indian and global exchanges to support user trades.
WazirX
WazirX remains one of India’s best-known crypto exchange brands. It supports crypto trading and has a large retail user base built over several years.
The government’s 2026 list names Zanmai Labs Pvt. Ltd. as the reporting entity for WazirX. Recent platform updates have focused on Recovery Token allocation, user asset recovery, infrastructure upgrades, and the rollout of WazirX Futures. The company said Q1 2026 marked progress across product expansion and recovery work.
ZebPay
ZebPay is one of India’s older crypto trading platforms. It offers buying, selling, and trading services for more than 100 crypto assets.
The government’s registered VDA list names Awlencan Innovations India Limited as the reporting entity for ZebPay. ZebPay also says it serves more than 3 million members and stores 98% of funds in multi-signature cold wallets. Its security focus remains a key detail for users comparing Indian exchanges.
Mudrex
Mudrex offers crypto investing and trading services for Indian users. The platform supports INR deposits, spot trading, futures trading, and crypto access through a simple interface.
The government’s 2026 list names RPFAS Technologies Private Limited as the reporting entity for Mudrex. Mudrex also states that it is FIU registered and carries ISO 27001:2022 and SOC 2 Type 2 security status. It also allows users to trade futures directly with INR.
Giottus
Giottus is an India-based crypto exchange that focuses on local users, INR trading, and multilingual access. Its app listing says it serves more than 8 lakh users and supports 18 Indian languages.
The government’s March 2026 list names Giottus Technologies Pvt. Ltd. as the reporting entity for Giottus. The platform supports major assets such as Bitcoin, Ethereum, XRP, Cardano, Tether, Dogecoin, Shiba Inu, and more than 100 other crypto assets.
Unocoin
Unocoin is one of India’s earliest crypto platforms. It became known for Bitcoin access, wallet services, and crypto buying and selling through INR.
The government’s registered VDA list names Unocoin Technologies Pvt. Ltd. as the reporting entity for Unocoin. The platform’s app listing says it supports Bitcoin and more than 95 cryptocurrencies. It also offers low-fee trading, KYC, customer support, and a Systematic Buying Plan for scheduled crypto purchases.
Bitbns
Bitbns remains part of India’s crypto exchange market. It offers app-based access for users who want to buy, sell, and track digital assets.
The government’s March 2026 list names Bitbns Internet Private Limited as the reporting entity for Bitbns. Users who consider Bitbns should check current liquidity, deposit methods, withdrawal timelines, fees, and customer support before trading.
SunCrypto
SunCrypto serves Indian users through a domestic crypto trading app. The platform supports buying, selling, and trading across many digital assets.
The government’s registered VDA list names Angelic Infotech Private Limited as the reporting entity for SunCrypto. SunCrypto also states that it is FIU registered and supports more than 600 cryptocurrencies. Recent platform updates also point to spot INR trading support.
KoinBX
KoinBX is an India-focused crypto exchange that offers digital asset trading services. It targets users who want local access to crypto markets through an Indian platform.
The government’s 2026 list names Kooz Advisors and Technologies Private Limited as the reporting entity for KoinBX. Users should review its supported coins, security controls, liquidity, trading fees, and withdrawal rules before opening an account.
Global Crypto Exchanges With Indian Relevance
Binance, Coinbase, KuCoin, Kraken, and Bitget also remain relevant to Indian crypto users because they operate as large global exchanges. These platforms often provide deep liquidity, broad token access, advanced trading tools, and international market exposure.
However, the main list remains focused on India-based or India-focused exchanges with stronger local relevance. Indian users should check each global platform’s current FIU status, INR access, deposit options, withdrawal rules, tax support, and service availability before using it.
