In this article, I will highlight the Best Mudrex Alternatives that one can find in India. Many investors are on the lookout for trusted platforms with sophisticated trading instruments, multiple cryptocurrencies, and low-cost transactions as the crypto market keeps expanding.
These alternatives can be quite useful regardless of whether you are a novice or a seasoned trader, as they provide tailored solutions for specific investment objectives and preferred trading strategies.
Key Points & Best Mudrex Alternatives In India List
| Platform | Key Point |
|---|---|
| Bitrue | Offers high APY staking and Power Piggy feature; popular for XRP trading. |
| CoinDCX | One of India’s largest crypto exchanges with beginner-friendly interface. |
| ZebPay | Oldest crypto exchange in India, known for security and INR integration. |
| CoinSwitch | Aggregator model offering best price across multiple exchanges; no order book. |
| BitBNS | Offers crypto SIPs and margin trading; supports a wide variety of tokens. |
| CoinMart | Lesser-known platform; focuses on simplified trading for Indian users. |
| KuCoin | Global exchange with a huge altcoin selection and passive income features. |
| Binance | World’s largest crypto exchange by volume; extensive tools and low fees. |
| WunderTrading | Crypto copy trading and bot automation platform with advanced features. |
| Giottus | Indian exchange with bilingual support and INR gateway; emphasizes compliance. |
10 Best Mudrex Alternatives In India
1.Bitrue
Founded in 2018 and based in Singapore, Bitrue is a potent competitor of Mudrex in India given its emphasis on earning passive income via Power Piggy and high yield staking. It provides spot and futures as well as DeFi investment opportunities with over 700 cryptocurrencies like XRP, ADA, and SOL. Bitrue has attractive trading fee options which start at 0.098%.
In contrast to the strategy focused model of Mudrex, Bitrue supports direct trading with advanced trading tools which is best suited for active Indian crypto traders who want exposure to more assets and income generating opportunities.
| Feature | Description |
|---|---|
| Founded | 2018 |
| Crypto Support | 700+ cryptocurrencies |
| Trading Types | Spot, Futures, DeFi |
| Unique Feature | Power Piggy (high APY staking) |
| Trading Fees | Starts at 0.098% |
| Country Support | Global, strong presence in India |
| Mobile App | Yes |
| Security | Multi-signature wallets, cold storage |
2.CoinDCX
CoinDCX competes head to head with Mudrex for being one of the best cryptocurrency trading platforms in India. Based in Mumbai and founded in 2018, CoinDCX offers an intuitive interface along with access to over 500 cryptocurrencies, margin trading options, and crypto staking.
In addition, the platform charges low trading fees, starting from 0.2%, with some pairs traded without fees at all. Since CoinDCX is fully compliant with Indian regulations, it offers strong KYC requirements coupled with easy UPI and bank transfer access, direct INR deposits, and broad crypto trading possibilities.
| Feature | Description |
|---|---|
| Founded | 2018 |
| Crypto Support | 500+ cryptocurrencies |
| Trading Types | Spot, Margin, Staking |
| Unique Feature | Beginner-friendly with INR support |
| Trading Fees | Starts at 0.2% |
| Country Support | India-focused |
| Mobile App | Yes |
| Security | Regulatory compliant, KYC, AML |
3.ZebPay
ZebPay is an Indian cryptocurrency exchange founded in 2014, with an international footprint in over 160 countries including Australia and Singapore. It offers Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Tether (USDT), and many more, with crypto-INR and crypto-crypto pairs available for trading.
ZebPay charges a competitive fee for trading; maker fees start at 0.15% and taker fees at 0.25% but can be reduced through VIP fee tiers based on trading volume.
The exchange is distinguished by its security features including wallet protection from BitGo and compliance services from Chainalysis. Moreover, ZebPay supports earning on crypto holdings through lending features and instant INR withdrawals. This makes ZebPay a worthy competitor to Mudrex for Indian traders looking for a comprehensive and secure trading platform.
| Feature | Description |
|---|---|
| Founded | 2014 |
| Crypto Support | BTC, ETH, XRP, USDT and more |
| Trading Types | Crypto-INR, Crypto-Crypto |
| Unique Feature | Crypto lending and strong security partnerships |
| Trading Fees | Maker: 0.15%, Taker: 0.25% |
| Country Support | India and global presence |
| Mobile App | Yes |
| Security | BitGo wallet, Chainalysis compliance |
4.CoinSwitch
CoinSwitch Kuber, which was co-founded by Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni in 2020, is one of the best cryptocurrency platforms in India due to its user-friendly features. The platform focuses on well-known coins and facilitates trading in more than 80 cryptocurrencies like Bitcoin, Ethereum, and Dogecoin.
Furthermore, Kuber Coins charges up to 0.49% for maker & taker transactions depending on the 30-day trading volume, while deposits and withdrawals in INR are free.
Kuber Coins has a mobile application, making it convenient for learners. The platform also allows payments through bank deposits, credit and debit cards, UPI, and wallets like Paytm and Google Pay.
To comply with local regulations, CoinSwitch Kuber is registered as a reporting entity with the Financial Intelligence Unit of India (FIU-IND). Its simple to use interfaces, economic prices, law conformity, and several other features differentiate it among platforms for Indian crypto investors and make it compete with Mudrex.
| Feature | Description |
|---|---|
| Founded | 2020 |
| Crypto Support | 80+ cryptocurrencies |
| Trading Types | Spot trading |
| Unique Feature | Exchange aggregator with best price across platforms |
| Trading Fees | Up to 0.49%, zero fees on INR deposits/withdrawals |
| Country Support | India |
| Mobile App | Yes |
| Security | FIU-IND registered |
5.BitBNS
An Indian cryptocurrency exchange, BitBNS serves over 450 digital assets including BTC, ETH, XRP, and USDT. BitBNS executes trades such as spot, margin, and futures trading, boasting a competitive fee of 0.25% on spot trades. Usage of BitBNS also brings numerous investment opportunities to users.
Recognized by the Financial Intelligence Unit of India, BitBNS ensures compliance with the law pertaining to money laundering. Founded by alumni of IIT on 14th December 2017, the platform has emerged as a leading cryptocurrency exchange in India. With its advanced trading functionalities which come with regulatory approval, BitBNS has surfaced as a credible competitor to Mudrex, especially for India’s crypto investors.
| Feature | Description |
|---|---|
| Founded | 2017 |
| Crypto Support | 450+ cryptocurrencies |
| Trading Types | Spot, Margin, Futures |
| Unique Feature | Crypto SIPs and PMLA-compliant |
| Trading Fees | Starting at 0.25%, discounts via BNS token |
| Country Support | India |
| Mobile App | Yes |
| Security | AML and KYC compliant |
6.CoinMart
CoinMart, based in the Netherlands, is an exchange that was started in 2020 and is allowed by law to operate as a cryptocurrency exchange after receiving registration from the Dutch Central Bank (DNB) and the Bank of Spain (BDE).
The exchange offers trading services for over 200 cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT) Cardano (ADA), and many more at a commission charge of 0.00% to 0.20%.
CoinMart’s AI assitant, Alpha, offers tailored market analysis and trading recommendations which latter helps new and experienced traders to achieve their goals.
Currently, CoinMart caters to residents of several European countries but aims at investors from India looking for overseas investments due to its advanced features and ease of use, that positions it as a strong contender to Mudrex.
| Feature | Description |
|---|---|
| Founded | 2020 |
| Crypto Support | 200+ cryptocurrencies |
| Trading Types | Spot trading |
| Unique Feature | AI assistant “Alpha” for market insights |
| Trading Fees | 0.00% to 0.20% |
| Country Support | European countries |
| Mobile App | Yes |
| Security | Regulated by Dutch Central Bank |
7.KuCoin
Based in Seychelles, KuCoin was established in September 2017. With over 30 million users across 200+ countries, it ranks among the best global cryptocurrency exchanges. Major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as a plethora of altcoins, can be found on the platform, which lists more than 900 digital assets in total.
Fee competitiveness is also part of KuCoin, with trading fees the exchange imposes starting at 0.1% for both makers and takers. Fees can be reduced by its native token, KuCoin Shares (KCS) as well as through a tiered system linked to trade volume.
The exchange offers an all-inclusive feature set that includes spot and futures trading, staking, lending, and automated trading bots, making it suitable for inexperienced and professional traders alike.
Moreover, its user-friendly interface, multilingual platform, and strong security measures like those partnerships with Onchain Custodian and insurance from Lockton bolster its attractiveness. While facing regulatory scrutiny in some jurisdictions, KuCoin continues operating around the world. This enables Indian investors searching for a trading platform that is diverse and rich in features to find an alternative to Mudrex.
| Feature | Description |
|---|---|
| Founded | 2017 |
| Crypto Support | 900+ cryptocurrencies |
| Trading Types | Spot, Futures, Margin, Lending |
| Unique Feature | Trading bots, KuCoin Shares (KCS) token discounts |
| Trading Fees | 0.1% maker and taker fees |
| Country Support | 200+ countries |
| Mobile App | Yes |
| Security | Partnerships with Onchain Custodian and insurance |
8.Binance
After its inception in July 2017 by Changpeng Zhao and Yi He, Binance became the most popular cryptocurrency exchange by trading volume, surpassing its competitors. The exchange provides users from over 140 countries, including India, access to more than 400 cryptocurrencies and digital assets like Bitcoin (BTC) and Ethereum (ETH).
Binance’s trading fees are also competitive, starting at 0.1% for both makers and takers, with additional discounts when using their native token, BNB. The exchange is an all-in-one crypto platform servicing Indian investors interested in spot and futures trading, staking, lending, automated trading bots, and even advanced Algo-Strategy trading, making it an alternative to Mudrex.
| Feature | Description |
|---|---|
| Founded | 2017 |
| Crypto Support | 400+ cryptocurrencies |
| Trading Types | Spot, Futures, Staking, Lending |
| Unique Feature | BNB token discounts, huge liquidity |
| Trading Fees | 0.1% maker and taker fees |
| Country Support | 140+ countries, including India |
| Mobile App | Yes |
| Security | SAFU fund, advanced KYC |
9.WunderTrading
Founded in 2019 with its headquarters located in Estonia, WunderTrading automates the trading process, making it a competitive alternative to Mudrex for Indian crypto investors. Supporting over 100 cryptocurrencies, the platform works with the most recognized exchanges including Binance, KuCoin, and Kraken .
WunderTrading caters to traders of all skill levels by offering various bots, such as GRID, DCA, Signal, and AI bots. Subscription plans starting at $4.95 allow users access to advanced risk controls, multi-account management, and copy trading.
Although the company charges a commission of 1.00% on crypto purchases, its diverse toolset and robust automation capabilities make it a strong contender for Indian traders looking for a versatile trading platform.
| Feature | Description |
|---|---|
| Founded | 2019 |
| Crypto Support | 100+ cryptocurrencies |
| Trading Types | Automated bots (GRID, DCA, AI), Copy trading |
| Unique Feature | Multi-account management and advanced risk controls |
| Trading Fees | $4.95/month subscription, 1% commission on purchases |
| Country Support | Global |
| Mobile App | Yes |
| Security | Standard platform security measures |
10.Giottus
Founded in 2017 by IIM Calcutta alumni Vikram Subburaj and Arjun Vijay, Giottus is a cryptocurrency exchange based out of Chennai, specially designed for the Indian audience.
As of October 2023, it trades more than 300 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), and Floki Inu (FLOKI), offers INR trading pairs, and zero-fee crypto-INR trades.
Beginners and experienced traders are catered for by Giottus’ Systematic Investment Plans (SIPs), staking, crypto baskets, and fixed rewards. The platform offers 18 Indian languages and round the clock customer service spanning vernaculars, making it multilingual.
Giottus is one of the few platforms with user-friendly interfaces, multilingual support, and competitive trading fees of 0.03% to 0.30%, making it a leader among Mudrex alternatives for Indian crypto investors looking for an all-in-one platform.
| Feature | Description |
|---|---|
| Founded | 2017 |
| Crypto Support | 300+ cryptocurrencies |
| Trading Types | Spot trading, SIPs, staking |
| Unique Feature | Zero fee crypto-INR trades, multilingual support |
| Trading Fees | 0.03% to 0.30% |
| Country Support | India |
| Mobile App | Yes |
| Security | KYC, AML compliant, 24/7 support |
Conclusion
In summary, for Indian investors looking for advanced options beyond Mudrex, Bitrue, CoinDCX, ZebPay, and Giottus possess a wide range of cryptocurrencies along with reasonable fees and features geared towards local users.
International leaders such as Binance and KuCoin offer sophisticated features and high liquidity, whereas automation by WunderTrading and aggregator model by CoinSwitch serve differing trading preferences, thus suiting a variety of investors.
FAQ
What is Mudrex, and why look for alternatives in India?
Mudrex is an automated crypto investment platform that offers algorithm-based trading strategies. Indian investors may seek alternatives due to regional restrictions, fee structures, or preference for platforms with localized features and support.
Which platforms are considered the best alternatives to Mudrex in India?
Some top alternatives include Bitrue, CoinDCX, ZebPay, CoinSwitch, BitBNS, CoinMart, KuCoin, Binance, WunderTrading, and Giottus.
Do these alternatives support INR deposits and withdrawals?
Most Indian-focused exchanges like CoinDCX, ZebPay, BitBNS, and Giottus support INR deposits and withdrawals, making trading seamless for Indian users.
Are the trading fees competitive on these platforms?
Yes, these platforms offer competitive fees ranging from 0.03% to 0.25%, with some offering discounts based on trading volume or native tokens.
