CoinSwitch in India
- Rank in India
- #4 of 5
- Bitcoin in India
- Legal
- Our rating
- 3.9
- Review updated
- 2026-08-23
Yes. CoinSwitch serves India and ranks fourth of the 5 exchanges in our India guide, on fees, security record and local payment support. Here it takes UPI, IMPS and NEFT; UPI is the rail local buyers lead with. From 0.4 percent per trade, roughly double the cheaper Indian platforms. Identity verification is required before you can deposit and trade.
How to pay on CoinSwitch in India
The deposit rails CoinSwitch offers to buyers in India, from our India guide reviewed 2026-08-23. Each one links to how that rail works here.
- UPI:
- free deposits
What CoinSwitch charges, and what it asks for
From 0.4 percent per trade, roughly double the cheaper Indian platforms. UPI deposits are free and the 1 percent TDS is deducted automatically.
- maker
- From 0.4 percent
- taker
- From 0.4 percent
- spread note
- There is no cheaper order-book tier to switch to, so the quoted rate is what you pay.
- deposit note
- UPI deposits are free, as are standard rupee bank transfers.
- withdrawal note
- Withdrawals to an external wallet are supported, which is worth confirming on any Indian platform before you commit.
Identity verification
Required. Identity verification is required before you can deposit and trade.
Is bitcoin legal in India?
Bitcoin is legal to buy, hold, and trade in India, but it is not legal tender and the regime is deliberately unwelcoming. Platforms serving Indian users must register with the Financial Intelligence Unit under anti-money-laundering rules, and the tax code imposes a flat 30 percent tax on gains plus 1 percent TDS on transfers, with no offsetting of losses, terms the government reconfirmed in the union budget presented on February 1, 2026. New penalties for unreported crypto transactions take effect from April 2026.
Every exchange we rank in India
Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.
| # | Exchange | Rating | Fees | ID check | Pays with |
|---|---|---|---|---|---|
| 1 | CoinDCX | 4.0 | 0.2% trade, free UPI in | Required | UPI, IMPS, NEFT |
| 2 | ZebPay | 4.1 | 0.15% maker on the spot book | Required | UPI, IMPS, NEFT |
| 3 | Binance | 4.2 | From 0.1% spot, maker and taker | Required | UPI, IMPS, NEFT, Credit or debit card, P2P marketplaces with escrow |
| 4 | CoinSwitchThis page | 3.9 | From 0.4% per trade | Required | UPI, IMPS, NEFT |
| 5 | WazirX | 2.8Caution | 0.2% flat, restructuring open | Required | UPI, IMPS, NEFT |
Frequently asked questions
Is CoinSwitch available in India?
Yes. CoinSwitch ranks fourth of the 5 exchanges in our India guide, ranked on fees, security record and local payment support. Here it takes UPI, IMPS and NEFT; UPI is the rail local buyers lead with. Our India guide was last reviewed 2026-08-23 and the CoinSwitch review on 2026-08-23.
What payment methods does CoinSwitch accept in India?
In India, CoinSwitch takes UPI, IMPS and NEFT. Worth knowing before you fund: UPI, free deposits. These are the localized rails from our India guide, not the platform's global list.
What does CoinSwitch charge?
From 0.4 percent per trade, roughly double the cheaper Indian platforms. UPI deposits are free and the 1 percent TDS is deducted automatically.
Does CoinSwitch require identity verification?
Yes. Identity verification is required before you can deposit and trade. Our record marks this as the platform's own policy rather than a India rule, so it applies wherever CoinSwitch operates.
Is bitcoin legal in India?
Bitcoin is legal to buy, hold, and trade in India, but it is not legal tender and the regime is deliberately unwelcoming.