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Pocketbits is one of India’s earliest crypto exchanges — founded in 2017 by Sohail Merchant, offering zero trading fees, zero deposit fees, zero INR withdrawal fees, and a simple P2P-style interface for BTC, ETH, and major altcoins. INR deposits and direct bank withdrawals supported. Available in India only.
⚠️ FIU-IND STATUS — VERIFY BEFORE DEPOSITING: India’s October 2025 crackdown blocked 25 non-compliant exchanges. Verify Pocketbits’ current FIU-IND registration at the official registry before depositing. For confirmed FIU-registered alternatives, use CoinDCX, CoinSwitch, or ZebPay.
| 📊 Feature | Details |
|---|---|
| ⭐ Rating | 3.4 / 5 |
| Founded | 2017 (India) by Sohail Merchant |
| Trading Fee | ✅ Zero |
| INR Deposit Fee | ✅ Free |
| INR Withdrawal Fee | ✅ Free |
| Crypto Withdrawal Fee | Low (competitive vs Indian peers) |
| KYC | Required — PAN + bank account |
| FIU-IND Status | ⚠️ Verify before depositing |
| Orders | Market orders + limit orders (Pro Trade) |
| Mobile App | ✅ Android (Google Play) |
| Available In | India only |
| 👉 Visit Pocketbits — India’s Zero-Fee Crypto Exchange → | |
Key Takeaways
- Pocketbits offers genuinely zero fees — no trading commission, no INR deposit fee, no INR withdrawal fee. Competitive crypto withdrawal fees. This makes it one of the lowest-cost Indian exchanges for users who trade frequently in INR.
- Founded in 2017, Pocketbits is one of India’s veteran crypto exchanges — having survived the RBI banking ban and the post-FTX crackdown. This longevity is a meaningful signal of operational stability.
- ⚠️ Critical: Verify FIU-IND status before depositing. India’s crackdown on non-compliant exchanges (25 blocked in October 2025) means unregistered platforms risk URL blocking and operational shutdown.
- For India’s best-regulated and largest exchanges, CoinSwitch (FIU + ISO + SOC2, 20M users) or CoinDCX (FIU + BitGo insured, 15M+ users) are safer choices with confirmed compliance.
⚡ Bottom Line: Pocketbits’ zero-fee model is compelling for Indian traders, but FIU-IND registration must be verified before depositing. Always confirm current compliance status. For fully verified compliance, CoinSwitch and CoinDCX are safer primary choices.
⚠️ Risk Disclaimer: Pocketbits is India-only. Verify FIU-IND registration before depositing. 30% tax + 1% TDS applies on Indian crypto transactions. This is not financial advice.
