{"path":"/india/fiu-registered-crypto-exchanges-in-india","title":"FIU-Registered Crypto Exchanges in India: How to Check a Claim | CryptoExchangeIn","description":"What FIU registration establishes, how to read the government's dated exchange list, and why registration is not an RBI licence or safety guarantee.","as_of":"2026-11-13","kind":"guide","content":{"guide":{"slug":"fiu-registered-crypto-exchanges-in-india","country":"india","kind":"guide","topic":"availability","title":"FIU-Registered Crypto Exchanges in India: How to Check a Claim","description":"What FIU registration establishes, how to read the government's dated exchange list, and why registration is not an RBI licence or safety guarantee.","status":"conditional","verdict":"Check the legal entity and the date, not just an exchange logo. FIU registration concerns anti-money-laundering reporting obligations; it does not certify that your funds are safe.","officialClaim":"The March 2026 parliamentary answer includes a dated annexure of registered providers and warns against interpreting registration as government endorsement.","verifiedReality":"A historical list cannot serve as a live register. Its footnotes also matter: an entry may have a condition or an operational-status qualification.","beforeYouTrade":["Match the trade name to the reporting entity in the source, then compare it with the entity named in your account agreement.","Read the annexure's date and footnotes before calling an entry current or unconditional.","Ask support for documentary evidence if it only supplies an application acknowledgement or a marketing badge."],"limitsAndGotchas":["Do not describe a registration application as completed registration.","FIU registration cannot answer whether a specific derivatives product, INR rail or withdrawal is available to you."],"recommendations":[{"providerId":"binance","role":"Binance account checks","why":"Review the Indian account terms and enabled funding methods before placing an order.","caveat":"Registration alone does not establish eligibility for every product."},{"providerId":"coinbase","role":"Coinbase India product checks","why":"Read the India-specific account and transfer restrictions before linking a bank.","caveat":"A bank link can change whether crypto can leave the account."}],"comparisonTable":{"headers":["Claim","Evidence to request"],"rows":[["FIU registered","Entity name, completed registration evidence and date."],["Government approved","Identify the exact approval and its scope; a registration badge is insufficient."],["Withdrawals available","Account-level transfer limits and supported networks."],["Funds protected","Custody terms and any actual insurance coverage, not a logo."]]},"faqs":[{"q":"Is an FIU-registered exchange RBI licensed?","a":"Those are different claims. Ask for the particular licence if a provider claims RBI authorisation."},{"q":"Is there an official list I can check?","a":"The March 2026 parliamentary answer links an annexure. Treat it as a historical snapshot and read its qualifications."},{"q":"Should I choose an exchange only because it is registered?","a":"No. Also compare custody, fees, complaint handling and whether you can withdraw using the method you need."}],"asOf":"2026-11-13","sources":[{"title":"Ministry of Finance — Lok Sabha answer and annexures, 30 March 2026","url":"https://sansad.in/getFile/loksabhaquestions/annex/187/AU5805_lMTYNK.pdf?source=pqals","note":"A dated registration snapshot, including its footnotes; explains the limited AML/CFT mandate."},{"title":"Binance — India registration announcement, 15 August 2024","url":"https://www.binance.com/en/blog/regulation/3022489348045738409","note":"Provider announcement of registration and renewed website/app availability; not a live access test."},{"title":"Coinbase — India registration announcement, 11 March 2025","url":"https://www.coinbase.com/en-in/blog/coinbase-secures-registration-in-india","note":"Historical registration announcement; use the help pages for present product availability."}]},"path":"/india/fiu-registered-crypto-exchanges-in-india","country":{"slug":"india","name":"India","region":"South Asia","regulator":"FIU-IND (Financial Intelligence Unit — India) under PMLA","taxSummary":"30% flat tax on VDA gains (Sec 115BBH) + 1% TDS (Sec 194S) on transfers","fiatRails":"INR IMPS / NEFT (Domestic CEX) · UPI & IMPS P2P (Global CEX)","summary":"Compare India's crypto rules, exchange registration and INR funding options. Private crypto is not legal tender; FIU registration concerns AML/CFT obligations. Read the linked documents before choosing a service.","quickTake":"Check the entity serving your account, product eligibility and withdrawal methods before funding. Registration and a supported bank rail do not guarantee a freeze-free transfer.","asOf":"2026-11-13","matrix":[{"service":"Crypto legal status","category":"exchange","status":"conditional","summary":"Private crypto and the RBI digital rupee have different legal status.","guidePath":"/india/is-crypto-legal-in-india"},{"service":"Binance blocking history","category":"exchange","status":"conditional","summary":"Separate the blocking request, penalty order and return announcement.","guidePath":"/india/is-binance-banned-in-india"},{"service":"FIU registration checks","category":"exchange","status":"conditional","summary":"Match the legal entity and date; read any qualifications.","guidePath":"/india/fiu-registered-crypto-exchanges-in-india"},{"service":"Coinbase India","category":"exchange","status":"conditional","summary":"Check the bank-link restriction before choosing INR funding or external crypto transfers.","guidePath":"/india/is-coinbase-available-in-india"},{"service":"Binance India (FIU-IND Registered)","category":"exchange","status":"conditional","summary":"Binance announced registration and renewed access in August 2024. Check account and product limits separately.","guidePath":"/india/is-binance-legal-in-india"},{"service":"Bitget India (Spot, Futures & P2P)","category":"exchange","status":"works","summary":"0.10% spot fee (0.08% with BGB), zero-fee INR P2P Express via UPI/IMPS, and $400M+ Protection Fund.","guidePath":"/compare/bitget-vs-binance"},{"service":"CoinDCX Direct INR IMPS & 1% TDS","category":"fiat_onramp","status":"works","summary":"FIU-registered domestic exchange with direct IMPS bank transfers and automatic Section 194S 1% TDS deduction against PAN.","guidePath":"/india/how-to-buy-crypto-in-india-upi-imps"},{"service":"INR P2P UPI / IMPS Selling","category":"p2p","status":"conditional","summary":"Buying and selling involve counterparty and payment risks. No P2P method guarantees an unrestricted bank account.","guidePath":"/india/how-to-buy-crypto-in-india-upi-imps"},{"service":"OKX Centralized Exchange (India)","category":"exchange","status":"blocked","summary":"OKX CEX closed Indian resident accounts in March 2024; however, self-custodial OKX Web3 Wallet works without KYC.","guidePath":"/wallets/metamask-vs-rabby-vs-okx-wallet"},{"service":"Self-Custody Wallets (OKX Web3, Rabby, Ledger, Trezor)","category":"wallets","status":"conditional","summary":"Self-custody changes who holds the keys. Keep transaction records and check the rules for the activity you intend.","guidePath":"/wallets/best-crypto-wallet-for-beginners"}],"topProviders":["binance","bitget","coindcx","okx-wallet"]},"recommendations":[{"provider":{"id":"binance","name":"Binance","domain":"binance.com","url":"https://www.binance.com/","category":"exchange","pricing":{"model":"freemium","startingFrom":"0.10% spot · 0.02% futures maker","notes":"25% spot fee discount with BNB (0.075% maker/taker); 0% maker/taker on FDUSD and select EUR/USDC spot pairs."},"fees":{"spotMakerPct":0.1,"spotTakerPct":0.1,"instantSpreadPct":1.85,"futuresTakerPct":0.05,"tokenDiscountNote":"10% spot & 5% futures rebate via code CRE13 + 25% off with BNB (~0.068%)","kycTier":"mandatory_id","supportedRegions":["india","australia","nigeria","eu","uae","china"]},"summary":"World's deepest spot and perpetual futures order book with 0.10% base spot fees (down to ~0.068% combining code CRE13 + BNB), FIU-IND registration in India, Dubai VARA license, and low-cost multi-chain withdrawals.","affiliate":{"status":"active","network":"Direct","code":"CRE13","bonus":"10% spot & 5% futures fee rebate via code CRE13","youGet":"10% spot trading fee rebate and 5% futures trading fee rebate when registering with referral code CRE13 (stacks with Binance's 25% BNB fee deduction, bringing spot maker/taker fees down from 0.10% to ~0.068%).","weGet":"A 10% spot and 5% futures referral commission share from Binance at no extra cost to your fee tier.","terms":"https://www.binance.com/en/activity/referral","url":"https://www.binance.com/join?ref=CRE13"},"checkedAt":"2026-11-13"},"goPath":"/go/binance","role":"Binance account checks","why":"Review the Indian account terms and enabled funding methods before placing an order.","caveat":"Registration alone does not establish eligibility for every product."},{"provider":{"id":"coinbase","name":"Coinbase Advanced","domain":"coinbase.com","url":"https://www.coinbase.com/","category":"exchange","pricing":{"model":"freemium","startingFrom":"0.40% maker · 0.60% taker (Advanced)","notes":"Retail 'Simple' buy widget costs ~2.5%–3.5% in combined fee + spread; toggle Coinbase Advanced for 0.40%/0.60% and $0 USD-to-USDC."},"fees":{"spotMakerPct":0.4,"spotTakerPct":0.6,"instantSpreadPct":2.95,"futuresTakerPct":0.1,"tokenDiscountNote":"0% fee on USD-to-USDC conversion and free USDC withdrawals on Base L2","kycTier":"mandatory_id","supportedRegions":["us","uk","canada","australia","eu"]},"summary":"NASDAQ-listed US exchange licensed in 49 states (including New York BitLicense) with free ACH/SEPA/Faster Payments/Interac deposits and zero-fee USDC on-ramping onto Base L2.","affiliate":{"status":"none"},"checkedAt":"2026-11-12"},"goPath":"/go/coinbase","role":"Coinbase India product checks","why":"Read the India-specific account and transfer restrictions before linking a bank.","caveat":"A bank link can change whether crypto can leave the account."}],"relatedGuides":[{"path":"/india/how-to-buy-crypto-in-india-upi-imps","title":"How to Buy Crypto in India: INR Bank Transfers, UPI and P2P","description":"Compare direct INR funding and P2P payments, check withdrawal access before buying, and understand why no method guarantees a freeze-free bank account.","countrySlug":"india","countryName":"India","kind":"guide","topic":"cash_out","status":"conditional","verdict":"Use funding and withdrawal methods actually enabled for your account. Direct exchange funding and P2P involve different counterparties. Neither is a zero-risk way to buy or cash out crypto.","asOf":"2026-11-13","beforeYouTradeCount":4,"limitsCount":3,"topProvider":{"id":"coindcx","name":"CoinDCX","domain":"coindcx.com","startingFrom":"0.20% spot (+18% GST on fee) + 1% statutory TDS"}},{"path":"/india/is-binance-banned-in-india","title":"Is Binance Banned in India? The Block and Return Explained","description":"Separate Binance's December 2023 blocking request, June 2024 penalty and August 2024 return from a new login, app or payment problem.","countrySlug":"india","countryName":"India","kind":"guide","topic":"availability","status":"conditional","verdict":"The old blocking headlines do not describe the whole story. Binance announced renewed Indian website and app availability in August 2024. That historical return is not a promise of permanent access or a live check of your account.","asOf":"2026-11-13","beforeYouTradeCount":3,"limitsCount":2,"topProvider":{"id":"binance","name":"Binance","domain":"binance.com","startingFrom":"0.10% spot · 0.02% futures maker","code":"CRE13"}},{"path":"/india/is-binance-legal-in-india","title":"Is Binance Legal in India? FIU Registration and Account Limits","description":"Binance's India registration, what it establishes, and the account, payment and tax checks that remain before trading.","countrySlug":"india","countryName":"India","kind":"guide","topic":"availability","status":"conditional","verdict":"Binance announced FIU-IND registration in 2024. This addresses AML/CFT compliance; it is not blanket approval of every product or a guarantee for customer funds.","asOf":"2026-11-13","beforeYouTradeCount":3,"limitsCount":2,"topProvider":{"id":"binance","name":"Binance","domain":"binance.com","startingFrom":"0.10% spot · 0.02% futures maker","code":"CRE13"}},{"path":"/india/is-coinbase-available-in-india","title":"Is Coinbase Available in India? INR Access and Withdrawal Limits","description":"Coinbase India's documented features and the bank-link restriction that matters if you want to send crypto to your own wallet.","countrySlug":"india","countryName":"India","kind":"guide","topic":"availability","status":"conditional","verdict":"Coinbase documents services for Indian customers, including cash and crypto trading features. Before linking a bank account, check the external-send restriction: its India help page says that link permanently disables sending crypto out.","asOf":"2026-11-13","beforeYouTradeCount":3,"limitsCount":2,"topProvider":{"id":"coinbase","name":"Coinbase Advanced","domain":"coinbase.com","startingFrom":"0.40% maker · 0.60% taker (Advanced)"}}],"crumbs":[{"name":"Countries","path":"/countries"},{"name":"India","path":"/india"}]}}