OP by ResearcherRaj | Posted: Feb 4, 2026Subject: I tested 5 exchanges for 3 months - here's what I foundDid an experiment Jan-March trading the same strategy across WazirX, CoinDCX, CoinSwitch, Binance (via P2P), and ZebPay. Here's real data:Testing Method:
₹50,000 on each platform
Same coins (BTC, ETH, MATIC, SOL)
Same buy/sell signals
Tracked: fees, TDS reporting, withdrawal time, support response
Results:1. WazirX
Fees: 0.2% taker
TDS reporting: Good (shows in 26AS within 2 weeks)
Withdrawal: 24-48 hours to bank
Issue faced: App crashed twice during volatile hours
Rating: 7/10
- CoinDCX
Fees: 0.1% (lower!)
TDS reporting: Excellent (detailed monthly statement)
Withdrawal: 12-24 hours
Issue: Asked source of funds for >50k withdrawal (annoying but understandable)
Rating: 8/10
- CoinSwitch
Fees: 0.2% taker
TDS reporting: Average (delayed by 3-4 weeks)
Withdrawal: 24-72 hours (slowest)
Issue: Limited coins compared to others
Rating: 6/10
- Binance (P2P method)
Fees: Trading free, P2P 0.5-1% markup
TDS: None (P2P is peer-to-peer)
Withdrawal: Depends on P2P seller (risky)
Issue: 2 scam attempts in 3 months (I was careful, avoided)
Rating: 7/10 (for experienced users only)
- ZebPay
Fees: 0.15%
TDS reporting: Good
Withdrawal: 24 hours
Issue: Lowest liquidity, spreads were terrible on altcoins
Rating: 6.5/10
Final Profit Comparison (after all fees and TDS):
CoinDCX: +8.2%
WazirX: +7.1%
Binance: +7.8% (but risky)
ZebPay: +6.5%
CoinSwitch: +6.8%
My Conclusion: For most Indians, CoinDCX is best balance of fees, reliability, and compliance. WazirX second. Avoid Binance P2P unless you really know what you're doing.Thoughts?