WazirX

Indian centralised cryptocurrency exchange founded in 2018. 190+ cryptocurrencies are available on the exchange, with the USDT/INR pair being the most actively traded. Overall, the marketplace is locally orientated, despite intentions to expand to other countries, most services are not available to foreigners.

The P2P section differs from the usual format as on other exchanges. On WazirX, takers set the rate and volume they want themselves. The system then searches for a suitable offer and connects two users for a transaction. If you want to make an exchange with a specific user, you can find him via ID. Commissions on P2P are 0%.

To deposit or withdraw your cryptocurrencies, as well as to trade on P2P, you need to pass KYC. Anyone can start the verification process, but at the country selection stage, only India is available for now.