Getbit
Bitcoin only exchange
About Getbit
Getbit is a centralised exchange aimed at the Indian market, differentiated by its rupee channel. Users fund accounts through domestic bank transfers or payment interfaces, buy spot assets, and withdraw proceeds back to a bank account, so fiat and crypto conversion happens inside one account system.
Matching uses an order book with price-then-time priority, and depth concentrates in a small set of major pairs. Custody is tiered, with most assets in cold storage and only day-to-day withdrawal capacity in hot wallets. Compliance covers identity verification, transaction monitoring and large-value reporting, with secondary verification for unusual logins and withdrawals. It is positioned as a regional gateway; unlike global venues, it wires local payment rails and compliance steps directly into the trading flow.
Getbit charges a 1% platform fee on both buys and sells, sells additionally incur an automatic 1% TDS deduction, and an 18% GST applies to the platform fee.