# FIU-Registered Crypto Exchanges in India: How to Check a Claim

Status: **CONDITIONAL** | Sources checked: 2026-11-13

> **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.

## Source Statement and Interpretation

- **Source statement:** The March 2026 parliamentary answer includes a dated annexure of registered providers and warns against interpreting registration as government endorsement.
- **What this means:** A historical list cannot serve as a live register. Its footnotes also matter: an entry may have a condition or an operational-status qualification.

## Pre-Signup & Pre-Trade Checklist

- 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.

## Hidden Fees, Withdrawal Holds & Regulatory Gotchas

- 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.

## Side-by-Side Comparison

| Claim | Evidence to request |
| --- | --- |
| 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. |

## Recommended Exchanges & Wallets

- **[Binance](https://cryptoexchangein.com/go/binance)** — *Binance account checks* (0.10% spot · 0.02% futures maker) [Referral code: `CRE13`, direct: https://www.binance.com/join?ref=CRE13]: Review the Indian account terms and enabled funding methods before placing an order. *(Note: Registration alone does not establish eligibility for every product.)*
- **[Coinbase Advanced](https://cryptoexchangein.com/go/coinbase)** — *Coinbase India product checks* (0.40% maker · 0.60% taker (Advanced)): Read the India-specific account and transfer restrictions before linking a bank. *(Note: A bank link can change whether crypto can leave the account.)*

## Frequently Asked Questions

### Is an FIU-registered exchange RBI licensed?

Those are different claims. Ask for the particular licence if a provider claims RBI authorisation.

### Is there an official list I can check?

The March 2026 parliamentary answer links an annexure. Treat it as a historical snapshot and read its qualifications.

### Should I choose an exchange only because it is registered?

No. Also compare custody, fees, complaint handling and whether you can withdraw using the method you need.

## Sources

- [Ministry of Finance — Lok Sabha answer and annexures, 30 March 2026](https://sansad.in/getFile/loksabhaquestions/annex/187/AU5805_lMTYNK.pdf?source=pqals) — A dated registration snapshot, including its footnotes; explains the limited AML/CFT mandate.
- [Binance — India registration announcement, 15 August 2024](https://www.binance.com/en/blog/regulation/3022489348045738409) — Provider announcement of registration and renewed website/app availability; not a live access test.
- [Coinbase — India registration announcement, 11 March 2025](https://www.coinbase.com/en-in/blog/coinbase-secures-registration-in-india) — Historical registration announcement; use the help pages for present product availability.

Source: https://cryptoexchangein.com/india/fiu-registered-crypto-exchanges-in-india