- India crypto exchanges in 2026 face tighter FIU registration and compliance standards.
- Binance, CoinDCX, CoinSwitch and Mudrex are among the FIU-registered exchanges in India.
- User safety depends on secure withdrawals, clear fees and reliable tax reporting support.
India’s crypto market is entering a stricter compliance phase. Tax reporting, customer checks and FIU registration now carry greater importance for India’s crypto exchanges . Users should also check withdrawals, security and local services instead of focusing only on token counts or low fees.
A parliamentary disclosure issued on March 30, 2026, identified 54 VDA service providers registered with FIU-IND as of March 9, 2026. The list included Indian entities and offshore operators
FIU Compliance and Registered Crypto Exchanges in India
Registration places a provider within India’s anti-money-laundering (AML) and counter-terrorist-financing (CFT) framework. Registered firms have to conduct KYC checks, identify beneficial owners, retain records, monitor activity and report specified or suspicious transactions.
The government has also stressed that FIU registration is not a licence, approval or endorsement. It does not guarantee compensation when a customer suffers fraud, a cyberattack or another financial loss.
The following crypto exchanges have confirmed FIU-IND registration through government records, official orders or company disclosures.
Binance
Binance operates in India through Seychelles-based Nest Services Limited, formerly Binance International Limited. The exchange announced its FIU-IND registration in August 2024 and restored access to its website and mobile application for Indian users.
Its platform offers spot trading, derivatives, staking and other advanced tools. The wide product range may appeal to active traders, but availability could vary by region. Users should also review fees, withdrawal terms and tax-reporting support before using complex products.
Mudrex
Mudrex operates in India through RPFAS Technologies Private Limited. Its current website advertises trading in more than 650 assets, along with Coin Sets and futures services. The company also displays FIU registration, ISO/IEC 27001:2022 certification and SOC 2 Type 2 status.
These credentials relate to compliance and information-security controls. They do not protect investors from falling prices, concentration risk or losses within grouped assets.
CoinDCX
Neblio Technologies Private Limited operates CoinDCX for Indian users and holds FIU reporting entity number VA00030982. The platform advertises access to more than 500 crypto assets, automated tax reports and INR banking services.
CoinDCX charges vary according to the product and recent trading volume. Customers should consult the live fee schedule instead of relying on one headline rate for every transaction.
CoinSwitch
CoinSwitch is registered through Bitcipher Labs LLP, while CoinSwitchX appears separately through Nextgendev Solutions Private Limited. The platform supports more than 400 cryptocurrencies and offers spot, futures, options and systematic investment plans.
Final execution costs may include spreads or product-specific charges. As a result, the displayed trading fee may not show the full cost of buying or selling an asset.
ZebPay
ZebPay is listed under Awlencan Innovations India Limited and states that it follows Indian KYC and AML requirements. The crypto exchange provides crypto buy service, systematic purchase plans, and perpetual futures.
Perpetual Futures give the trader the ability to trade either long or short on the underlying asset without holding the asset itself. Leverage may increase losses and bring the position to a point where the trade is liquidated by the exchange.
Unocoin
Unocoin Technologies Private Limited belongs to the official FIU list and has been operating in India from 2013. The platform accepts deposits in INR, crypto-trading, and systematic purchase plans for periodic purchases.
A periodic purchase would help the trader enter the market at various price levels. Periodic purchase plans won’t prevent the loss in case of continued downward movement.
Delta Exchange India
Excelium Technologies Private Limited operates Delta Exchange India as an FIU-registered reporting entity under number VA00041101. The platform focuses on crypto futures and options, with INR deposits, withdrawals, margin and settlement.
KuCoin
KuCoin appears on the Indian government’s March 2026 list under Seychelles-based Peken Global Limited. The exchange announced its FIU-IND registration in March 2024 and provides spot trading, derivatives and automated tools such as trading bots.
Its broad token range may appeal to altcoin traders. However, less-active markets could have weaker liquidity, wider spreads and higher execution risks than established crypto markets.
Coinbase
Coinbase India Private Limited is listed in the official government list of March 2026. Direct INR deposits and withdrawals via IMPS were added by Coinbase in May 2026.
Indian customers could access spot markets, perpetual futures, local INR order books and Coinbase Advanced tools. Product fees, spreads and withdrawal conditions still require review before an account is funded.
How India Taxes Crypto Activity
The Income-tax Act, 2025 came into force on April 1, 2026. Income from transferring a virtual digital asset remains taxable at 30%, plus applicable surcharge and cess. The cost of acquisition is normally the only deduction allowed when calculating that income.
“A 1% TDS applies to qualifying VDA transfer consideration. No TDS is required when the annual consideration does not exceed ₹50,000 for a specified person or ₹10,000 for other payers.
However, TDS applies to the transaction consideration rather than only to the profit. Losses from VDA transfers cannot be set off against other income or carried forward to later tax years.
Why P2P Trading Needs Extra Care
P2P trading allows two users to settle an order through an agreed payment method. This flexibility also adds counterparty risk because the crypto transfer and bank payment depend on both sides completing their obligations correctly.
A safer process keeps communication inside the platform and uses escrow where available. The payer’s bank details should match the verified counterparty, while order records, receipts and messages should be retained in case a dispute develops.
However, FIU registration is a useful first check, but it does not provide a complete safety assessment. Users should also review two-factor authentication, custody arrangements, withdrawal controls and the legal entity behind the platform.
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Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
