99exch Review: Comprehensive Guide to India’s Leading Crypto Exchange
India’s cryptocurrency market has surged dramatically over the last few years, and with that growth comes a need for reliable, secure, and user‑friendly platforms. 99exch has positioned itself as one of the premier exchanges catering to both novice and seasoned traders. This article dissects the exchange’s core offerings, security protocols, fee structure, and strategic partnerships, providing a clear picture of why it stands out in a crowded space.
1. Platform Overview
Founded in 2020, 99exch offers a web‑based portal complemented by robust mobile applications for Android and iOS. The platform supports a wide array of digital assets, including major coins such as Bitcoin (BTC), Ethereum (ETH), and emerging altcoins. Its intuitive dashboard is built on a modular design, allowing users to customize widgets for market tickers, order books, and portfolio performance.
2. Trading Features and Instruments
Traders benefit from multiple order types—limit, market, stop‑loss, and trailing stop—ensuring flexibility in volatile markets. The exchange also provides a “Spot‑Swap” feature that enables instant conversion between supported assets without requiring a separate order. Advanced users can access margin trading with up to 5x leverage, while a dedicated “Futures Arena” caters to those seeking derivatives exposure.
3. Security and Compliance
Security is a cornerstone of any exchange, and 99exch adopts a multi‑layered approach:
- Cold Wallet Storage: Over 95% of user funds are kept offline in hardware‑secured vaults.
- Two‑Factor Authentication (2FA): Mandatory for withdrawals and can be paired with biometric verification on mobile devices.
- Regular Audits: Quarterly third‑party audits verify solvency and compliance with the Indian Financial Intelligence Unit (FIU) guidelines.
- KYC & AML: A streamlined Know‑Your‑Customer process that adheres to local regulations while respecting user privacy.
4. User Experience and Mobile App
The mobile application mirrors the desktop’s functionality, delivering real‑time price alerts, push notifications for order executions, and an embedded news feed. The design employs a dark‑mode option, which reduces eye strain during extended trading sessions. New users can take advantage of an “On‑Boarding Wizard” that walks them through account creation, KYC verification, and a demo trade with virtual funds.
5. Strategic Partnerships: Expanding the Ecosystem
To differentiate itself, 99exch has forged partnerships with complementary platforms.
Reddybook Collaboration
The alliance with Reddybook, a leading education portal for financial literacy, enables exchange users to access curated courses on crypto fundamentals, technical analysis, and portfolio management directly from the dashboard. This synergy not only drives user empowerment but also promotes responsible trading practices.
Laser247 Integration
Through a partnership with Laser247, a premium hardware‑wallet manufacturer, traders receive exclusive discounts on secure storage solutions. The integration also offers a seamless “Withdraw to Hardware Wallet” feature, simplifying the process of moving assets from the exchange to a physical device.
6. Fees and Pricing Structure
Transparency in fee schedules builds trust, and 99exch adopts a tiered model based on 30‑day trading volume:
| Volume (30 days) | Maker Fee | Taker Fee |
|---|---|---|
| 0 – 10 BTC | 0.15% | 0.20% |
| 10 – 50 BTC | 0.12% | 0.17% |
| 50+ BTC | 0.10% | 0.15% |
No hidden withdrawal fees for major cryptocurrencies; network fees are passed on at market rates. Deposit fees are zero for both fiat (via UPI, bank transfer) and crypto.
7. Customer Support and Education
Support channels include 24/7 live chat, email ticketing, and a dedicated phone line for premium members. The help centre hosts an extensive knowledge base, covering topics from “How to Enable 2FA” to “Understanding Futures Contracts.” Additionally, the partnership with Reddybook provides webinars and live Q&A sessions with industry experts.
8. Pros and Cons
- Pros: Wide asset selection, strong security, educational resources via Reddybook, hardware‑wallet discounts through Laser247, transparent fee structure.
- Cons: Margin leverage capped at 5x (lower than some global rivals), limited fiat‑to‑crypto pairs compared to larger exchanges.
Conclusion
In a market where trust and functionality are paramount, 99exch delivers a balanced mix of security, usability, and community‑building initiatives. Its strategic collaborations with Reddybook and Laser247 enhance both the educational and security dimensions of the trading experience. Whether you are a newcomer seeking guided learning or an experienced trader after a reliable spot and futures platform, 99exch offers a compelling package that aligns with India’s evolving regulatory landscape.
