7 Best FIU Registered Crypto Exchanges in India 2026

If you are a crypto trader in India, you know the drill. The last few years have been a total rollercoaster. First, we had the massive bull run. Then came the heavy taxes. And then, the scariest part of all. The “Shadow Ban.” Remember when foreign apps like Binance and KuCoin just vanished from the App Store?

It left everyone asking the same question: “Is my money safe?”

But hey, in 2026, things have finally calmed down. The big global players have paid their fines. They have officially registered with the Financial Intelligence Unit (FIU). This is a huge deal. It means they are now legal, compliant, and open for business.

The most important feature for an Indian trader today isn’t just low fees. It isn’t even high leverage. It is safety. You need one of the FIU registered crypto exchanges in India 2026 to ensure your bank account doesn’t get frozen.

I have tested the market for you. I wanted to find the platforms that are fully compliant. They need to support TDS deductions. And they must offer safe ways to deposit your hard-earned INR. Here is my list of the best crypto exchanges in India for 2026.

Key Takeaways

• The Comeback Kings: Binance, Bybit, and KuCoin are back! They are now fully FIU registered crypto exchanges in India 2026.
• Best for Bank Transfers: CoinDCX and Mudrex are the smoothest. They are domestic companies, so IMPS/NEFT works flawlessly.
• Best for Traders: Delta Exchange is unique. It allows you to trade crypto options settled in INR.
• The Altcoin Giant: KuCoin is your best safe option for finding small-cap gems.
• Important Note: Every FIU-registered exchange must deduct 1% TDS on your sell orders. If an app promises “No TDS,” run away. They are illegal.

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1. CoinDCX (The Safe Home Base)

Exchange Overview CoinDCX is basically the “SBI” of the crypto world here. It is safe. It is reliable. And yes, it can be a little boring, but in a good way. Founded in 2018, it became India’s first crypto unicorn. While others tried to find loopholes, CoinDCX embraced the regulations. They implemented strict checks way before it was mandatory. For the average investor, this is the default choice. You can buy Bitcoin using your bank account without worrying about a notice from the Income Tax department.

• FIU Registered: Yes (Fully Compliant).
• Payment Methods:
  • Direct Bank Transfer: This is their strongest feature. You can transfer funds directly via IMPS, NEFT, or RTGS. It connects to your registered bank account. It is fully automated. The money usually reflects within minutes.
  • UPI: It is available for smaller amounts. However, the uptime can fluctuate depending on their banking partners.
  • Mobikwik Wallet: This is often available as a backup. It is great for instant deposits if bank servers are down.
• Fees:
  • Spot Trading: They charge a flat 0.2% fee. This applies to both makers and takers. It is slightly higher than global giants, but you pay for safety.
  • Futures Trading: Fees are competitive. They start around 0.02% for makers and 0.05% for takers.
  • Withdrawal Fees: INR withdrawals are often free. Sometimes they charge a nominal fee, like ₹10. This is a huge plus.
• Trading Features:
  • Pro Mode: This is for the experts. It has a fully featured interface. You get candlestick charts, depth charts, and advanced indicators.
  • Simple Buy: This is a clean, “Amazon-style” interface. You just enter the amount in Rupees. Then you click buy. It is perfect for beginners.
  • CIP (Crypto Investment Plan): This allows you to automate your buying. It is just like a SIP in mutual funds.
• Earning Features:
  • Earn: This is a lending product. You can lend your idle crypto to the platform. You earn interest on assets like USDT, BTC, and ETH.
  • Staking: They offer one-click staking. You can stake Proof-of-Stake coins like Ethereum and Solana. The rewards are credited directly to your wallet.
• Best For: Beginners and long-term investors who want absolute peace of mind.
• Verdict: The safest INR on-ramp in India.

2. Binance India (The King Returns)

Exchange Overview After a dramatic ban in 2024, Binance paid its fines. They officially registered with the FIU. And honestly? It is still the king. Binance remains the deepest, most liquid exchange in the world. For Indian users, the “Binance P2P” market is crucial. It is still the primary way to move large amounts of INR into USDT. They now deduct TDS like everyone else. But the sheer volume of features makes it a top contender among FIU registered crypto exchanges in India 2026.

• FIU Registered: Yes (As of mid-2024).
• Payment Methods:
  • P2P (Peer-to-Peer): This is the primary gateway. You transfer INR to a verified merchant via UPI or IMPS. They release crypto to you. It is the most liquid P2P market in India.
  • Direct Deposit: Direct INR options are limited. They often require third-party processors. These can be costlier than local apps.
• Fees:
  • Spot Trading: The fee is 0.1% for everyone.
  • BNB Discount: Do you hold Binance Coin (BNB)? If so, fees drop by 25% to 0.075%.
  • P2P Fees: It is usually free for takers (buyers). Makers (advertisers) pay a small fee.
• Trading Features:
  • Liquidity: They have the highest volume in the world. Your large orders get filled instantly. You don’t have to worry about price slippage.
  • Convert: This is a zero-fee swap tool. You can change one coin to another instantly. No charts required.
  • Trading Bots: They have built-in bots. You can use grid bots or DCA bots. They run 24/7 for you.
• Earning Features:
  • Launchpool: This is the most popular feature. You stake your BNB. You farm brand new tokens before they list.
  • Simple Earn: You can use flexible or locked savings. The APYs are very competitive.
  • Dual Investment: This is a high-yield product. It lets you “buy low” or “sell high” while earning interest. Be careful, it carries risk.
• Best For: High-volume traders who need deep liquidity.
• Verdict: The best global platform that is now legally safe to use.

3. Mudrex (The Mutual Fund of Crypto)

Exchange Overview Mudrex isn’t built for the guy staring at charts all day. It is built for the person who wants to build wealth. Backed by Y-Combinator, this platform is different. It treats crypto investing like the stock market. Their flagship feature is “Coin Sets.” These are baskets of tokens. You can diversify your portfolio with a single click. They are heavily focused on compliance. They even provide downloadable tax reports. This will make your CA very happy. It is easily one of the best crypto exchanges in India for passive investors.

• FIU Registered: Yes.
• Payment Methods:
  • Instant Bank Transfer: They support IMPS, NEFT, and RTGS. They use virtual account numbers. This makes reconciliation seamless.
  • UPI: The UPI integration is very smooth. It feels just like using GPay or Paytm.
  • Zero Deposit Fees: They often run promotions. Sometimes they waive fees on INR deposits entirely.
• Fees:
  • Trading Fees: It is typically around 0.25%. It operates on a tier system based on your volume.
  • Coin Set Fees: Some baskets have a small management fee. It is usually negligible. There might be an exit fee if you withdraw too quickly (e.g., within 7 days).
• Trading Features:
  • Coin Sets: This is the core feature. You invest in themes like “Smart Contract Platforms.” You don’t have to pick individual coins.
  • Vaults: These are automated trading strategies. They are managed by professionals. You can subscribe to them.
  • Recurring Buy: You can set up daily, weekly, or monthly investments. It works for any Coin Set.
• Earning Features:
  • Yield Accounts: Earn passive interest on your idle USDT or Bitcoin. It is like a savings account but with higher rates.
  • Staking: They offer automated staking. It works for supported assets within your portfolio.
• Best For: Passive investors who want to “SIP” into crypto.
• Verdict: The easiest, most responsible way to invest.

4. Bybit (The Trader’s Comeback)

Exchange Overview Bybit used to be known as the “bad boy” of leverage. They faced some regulatory heat. But they successfully registered with the FIU in early 2025. They restored full services to Indian users. They brought back their world-class futures trading engine. Bybit is beloved by serious traders. Their “Unified Trading Account” is a game changer. The uptime is stable even during volatility. Now that they are one of the FIU registered crypto exchanges in India 2026, traders can breathe easy.

• FIU Registered: Yes (As of Feb 2025).
• Payment Methods:
  • P2P Market: They have robust P2P support for INR. They have many verified advertisers.
  • Credit/Debit Card: They support “One-Click Buy” via Visa/Mastercard. Be warned, bank charges can be high.
  • Fiat Deposit: They are aggressively adding local fiat gateways. Direct transfers are becoming easier.
• Fees:
  • Futures Fees: These are extremely competitive. Makers pay as little as 0.02%. Takers pay 0.055%.
  • Spot Fees: The standard fee is 0.1%.
  • VIP Program: They offer heavy discounts for high-volume traders. It is the cheapest option for whales.
• Trading Features:
  • Unified Trading Account (UTA): This is unique. You can use all your assets as collateral. Spot, Margin, USDT—it all counts for your derivatives trading.
  • Copy Trading: They have a transparent leaderboard. You can see the top traders. You can automatically copy their moves with your own capital.
  • Tools: They have advanced charting integration with TradingView. Their API support is robust for algorithmic traders.
• Earning Features:
  • Bybit Savings: You get flexible and fixed-term staking. The APYs for USDT are often high.
  • Launchpad: You get early access to new tokens. You usually need to hold MNT (their token) or USDT.
  • Liquidity Mining: You can provide liquidity to AMM pools. You earn yield and fees.
• Best For: Futures and Derivatives traders who want a pro interface.
• Verdict: The top choice for active day traders.

5. Delta Exchange (The Options Specialist)

Exchange Overview Delta Exchange saw a huge gap in the Indian market. They filled it perfectly. Others focused on buying and selling coins. Delta built a platform for Crypto Options trading. They established a dedicated India arm. You can trade options (Calls & Puts) on BTC and ETH. You use INR directly. They settle contracts in INR. This simplifies the mental math. You don’t have the headache of constantly converting USDT.

• FIU Registered: Yes (Delta Exchange India).
• Payment Methods:
  • Direct INR Deposit: It is fully integrated with Indian banking rails. You transfer INR. You trade in INR.
  • No P2P Hassle: The base currency of the platform is INR. You don’t need to convert to USDT first.
• Fees:
  • Options Fees: Commissions are very low. It is typically around 0.03% of the contract value.
  • Futures Fees: Maker fees can be as low as 0.02%. Taker fees are around 0.05%.
  • Settlement: There are no hidden conversion fees. Settlement happens in INR.
• Trading Features:
  • Options Chain: It is professional-grade. You can trade Bitcoin and Ethereum options. They have daily and weekly expiries.
  • MOVE Contracts: These are unique. You can bet on the volatility of the market. You don’t need to guess the direction.
  • Strategy Builder: They have tools to help you. You can construct complex option strategies like Straddles or Iron Condors.
• Earning Features:
  • Robo Strategies: You can subscribe to automated strategies. They hunt for potential alpha.
  • Yield on Cash: This is rare. Delta often offers yield on the unused INR balance in your account.
• Best For: Sophisticated traders using hedging strategies.
• Verdict: A unique, powerful offering for INR-settled derivatives.

6. Coinbase (The Global Giant)

Exchange Overview Coinbase has had a rocky relationship with India. They launched INR support with UPI years ago. Then they paused it due to banking pressure. However, in late 2025, they committed fully. Their direct INR banking rails are still rolling out. But Coinbase remains the most trusted brand globally. Many Indians use it as a secondary “Vault.” They store long-term holdings there. The security standards are rigorous. It is definitely one of the best crypto exchanges in India for safety.

• FIU Registered: In process/Compliant framework.
• Payment Methods:
  • Limited Direct INR: Direct banking support is still spotty. It is often in beta.
  • Crypto Transfers: Most users buy crypto on a local exchange. Then they transfer it to Coinbase for safekeeping.
  • Card Purchases: Available but tricky. Indian banks often block international crypto transactions.
• Fees:
  • Basic Trade: The standard “Buy” button is expensive. You might pay a spread plus a fee of over 2% to 3%.
  • Advanced Trade: Switch to the “Advanced” interface. Fees drop significantly. It is roughly 0.6% taker and 0.4% maker.
• Trading Features:
  • Simple Trade: It is the cleanest interface in the industry. It is very user-friendly.
  • Advanced Trade: This offers order books. You get depth charts and limit orders.
  • Web3 Wallet: They have a self-custody wallet. It integrates seamlessly with the exchange app.
• Earning Features:
  • Learning Rewards: This is fun. You watch short videos about crypto. You earn $1-$3 worth of that token for free.
  • Staking: They offer secure staking. You can stake ETH, SOL, and ADA. Coinbase handles the technical node operation. They take a small commission.
• Best For: Safety-conscious HODLers.
• Verdict: Great for storage, but check current INR support before signing up.

7. KuCoin (The Altcoin Gem Factory)

Exchange Overview KuCoin was fast to act. They were one of the first global exchanges to pay the FIU penalty in 2024. This proved their serious commitment to India. They are known as “The People’s Exchange.” KuCoin is famous for listing small-cap coins. These are “gems” you won’t find on CoinDCX. Do you feel limited by the selection on local apps? KuCoin is your legal gateway to the wider market. It is a standout on the list of FIU registered crypto exchanges in India 2026.

• FIU Registered: Yes (Fully Compliant).
• Payment Methods:
  • P2P Market: They have a very active P2P market. It supports UPI and IMPS.
  • Third-Party Gateways: They integrate with services like Banxa. You can use cards, but fees are high.
  • Fast P2P: They have a “Fast Trade” option. It automatically matches you with the best P2P offer.
• Fees:
  • Spot Fees: It starts at 0.1%.
  • KCS Discount: Do you pay fees with KuCoin Token (KCS)? You get a 20% discount. The fee becomes 0.08%.
  • Futures: Maker 0.02% / Taker 0.06%.
• Trading Features:
  • Gem Listings: Access over 700+ cryptocurrencies. Many are micro-caps not found elsewhere.
  • Trading Bots: This is one of the best bot platforms. You can set up Spot Grid bots. You can use Smart Rebalance bots. They are free to use (you only pay trading fees).
  • Margin Trading: They offer isolated and cross margin. It is available for hundreds of pairs.
• Earning Features:
  • KuCoin Earn: A massive suite of products. It includes Shark Fin and Dual Investment.
  • KCS Bonus: This is unique. Hold at least 6 KCS in your account. You get a daily share of the exchange’s trading fee revenue.
  • Crypto Lending: You can lend your USDT. You lend to other margin traders. You set the interest rates yourself.
• Best For: Finding 100x altcoins and using automated trading bots.
• Verdict: The best compliant option for altcoin hunters.

How to Buy Bitcoin with INR Safely

To avoid 30% tax complications or frozen funds, follow this simple flow:

1. KYC is Mandatory: Do not try to skip this. Upload your PAN and Aadhaar. It protects you.
2. Deposit INR: Use IMPS/NEFT on CoinDCX or Mudrex for the lowest fees. UPI is faster but often has lower daily limits.
3. Buy USDT or BTC: If you want to trade on international apps (like KuCoin or Bybit), buy USDT via their P2P market. Or, transfer it from a local exchange.
4. Pay Your TDS: If you trade on an Indian FIU-registered exchange, they deduct the 1% TDS automatically. If you trade on an offshore platform, ensure you are tracking it. Pay this yourself to avoid penalties.

Conclusion on FIU Registered Crypto Exchanges in India 2026

So, there you have it. These are your top choices. The landscape for FIU registered crypto exchanges in India 2026 is much safer now. You don’t have to look over your shoulder anymore. Whether you want to trade options on Delta or just SIP on Mudrex, you have legal options. Just remember the golden rule. Always pay your TDS. Stay compliant. And happy trading!

FAQ

Q: Is it mandatory to pay the 1% TDS? A: Yes, absolutely. If you trade on an FIU-registered exchange, it happens automatically. They deduct it for you. You can claim this back later. You do this when filing your ITR. But you cannot avoid the deduction upfront.

Q: Can I still use non-registered exchanges? A: Technically, you can access them. You might use a VPN. But it is highly risky. The government can block their URLs. This can happen at any time. It leaves your funds stuck. Plus, there is a penalty. If you don’t pay TDS yourself, you could face a fine equal to the tax amount.

Q: Which exchange is best for saving tax? A: None of them “save” tax. The law is the same for everyone. It is a 30% flat tax. However, Mudrex and CoinDCX help you. They provide the best tax reports. This saves you money on accountant fees.

Q: How do I deposit INR safely? A: The safest method is always IMPS or NEFT. Use a domestic exchange like CoinDCX, Mudrex, or Flitpay. P2P on Binance or Bybit is also safe. Just ensure you only trade with “Verified Merchants.” They should have a high completion rate.

Q: Is crypto legal in India in 2026? A: Yes, absolutely. It is not legal tender. You can’t buy coffee with it. But it is a legal asset class. It is regulated by the FIU. And it is taxed by the Income Tax Department.