In India there is 2 Big Bitcoin exchange Zebpay and Unocoin. They Currently Offer only Bitcoin and not any other cryptocurrency. There is another one exchange BTCxIndia which only offer ripple but they are still in Beta.So,they have a lot of bugs on their site.I tried to Signup on their Site but after Filling the Signup details I wast unable to go to the next page.
Unocoin has very high transaction fee.They take Charges on both Buying and Selling.The price Just go Up Significantly when there is even slightly increase in BTC-USD value.The Current price of Bitcoin is $4606 which is equivalent to 294,784INR but the Price on these exchanges is 326,965 which is a lot of different.
If you want to Buy any other cryptocurrency then first You have to Buy Bitcoin From these two exchange and then convert it to other Altcoins using services like Shapeshift and Changelly. Which end Up in losing Money since the Value of Bitcoin is less when You convert it into USD from INR.So there is need of exchanges which can directly allows users to buy Altcoins using INR.
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