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MagyarTop 5 crypto exchanges in India
| # | Exchange | Regional score | Base score | Local licence | Local fiat | |
|---|---|---|---|---|---|---|
| 1 | 3.90 | 3.6/5 | Registered Financial Intelligence Unit India (FIU-IND) Register | Not verified | VisitReview | |
| 2 | 3.80 | 3.5/5 | Registered Financial Intelligence Unit India (FIU-IND) Register | Not verified | VisitReview | |
| 3 | 3.80 | 3.5/5 | Registered Financial Intelligence Unit India (FIU-IND) Register | Not verified | VisitReview | |
| 4 | 3.00 | 2.7/5 | Registered Financial Intelligence Unit India (FIU-IND) Register | Not verified | VisitReview | |
| 5 | 3.30 | 3.3/5 | Not verified | Not verified | VisitReview |
Full ranking for India (16 exchanges)
| # | Exchange | Regional score | Base score | Local licence | Local fiat | |
|---|---|---|---|---|---|---|
| 6 | 3.20 | 3.2/5 | Not verified | Not verified | VisitReview | |
| 7 | 3.10 | 3.1/5 | Not verified | Not verified | VisitReview | |
| 8 | 2.90 | 2.9/5 | Not verified | Not verified | VisitReview | |
| 9 | 2.80 | 2.8/5 | Not verified | Not verified | VisitReview | |
| 10 | 2.70 | 2.7/5 | Not verified | Not verified | VisitReview | |
| 11 | 2.60 | 2.6/5 | Not verified | Not verified | VisitReview | |
| 12 | 2.60 | 2.6/5 | Not verified | Not verified | VisitReview | |
| 13 | 2.30 | 2.3/5 | Not verified | Not verified | VisitReview | |
| 14 | 1.90 | 1.9/5 | Not verified | Not verified | VisitReview | |
| 15 | 1.70 | 1.7/5 | Not verified | Not verified | VisitReview | |
| 16 | 1.40 | 1.4/5 | Not verified | Not verified | VisitReview |
Not available or not authorised in India
- OKX: Regulator warning on the official register.
- LBank: Regulator warning on the official register.
- Gate: Regulator warning on the official register.
- HTX: Regulator warning on the official register.
- OrangeX: Not available: the exchange restricts residents here or a regulator lists it as unauthorised.
- Kraken: Regulator warning on the official register.
- MEXC: Regulator warning on the official register.
- Bitget: Regulator warning on the official register.
- Crypto.com: Regulator warning on the official register.
- Phemex: Regulator warning on the official register.
- BingX: Regulator warning on the official register.
- Bitstamp: Regulator warning on the official register.
How we rank exchanges by region
Regional score = our base score (0 to 5, same formula worldwide) + 0.5 for a verified local licence (0.3 for a registration, 0.1 for a pending application) + 0.2 for verified local fiat deposits + 0.1 for verified local-language support. Exchanges with a verified local licence or registration always rank above those without one. Exchanges that are geo-blocked or under a regulator warning are excluded. Affiliate relationships are not an input. How we test
Sources
- Financial Intelligence Unit India (FIU-IND) fiuindia.gov.in
Frequently asked questions
What is the best crypto exchange in India?
The best crypto exchange in India in 2026 is Bybit: it has the highest regional score in our data (3.90), combining our base score of 3.6 out of 5 with a verified licence valid there (Registered, Financial Intelligence Unit India (FIU-IND)). The top 5 are: Bybit, Binance, KuCoin, Coinbase, WhiteBIT.
Which crypto exchanges are licensed in India?
Among the exchanges we track, the official registers list these as licensed or registered for India: Bybit, Binance, KuCoin, Coinbase.
Is Binance licensed in India?
Yes, registered. Binance is listed in India: Registered VDA service provider, reporting entity under PMLA (Nest Services Limited), Financial Intelligence Unit India (FIU-IND). (checked 2026-10-20) Lok Sabha Unstarred Question 5805 (30 Mar 2026), Annexure I, status as on 9 Mar 2026. FIU-IND does not publish its own list.
Do affiliate links affect this ranking?
No. The regional rank uses only our published base score and verified local factors. Whether we earn a commission from an exchange is not an input.
How often is this ranking updated?
Scores, volumes and register checks are refreshed as we re-verify the data; the page always shows the date of the last update.