Flitpay Review 2026
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- $1
- TradingView
- Fixed trading commissions, no commissions for depositing and withdrawing funds, the referral program gives three types of bonuses
Our Evaluation of Flitpay
Learn more about TU’s methodology
Flitpay is a moderate-risk cryptocurrency exchange with the TU Overall Score of 5.87 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Flitpay clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
The Flitpay exchange offers generally favorable terms of cooperation. It is simple and easy to learn, as it uses a web terminal based on TradingView and an adaptive mobile application for iOS and Android. The key advantages of the crypto exchange are the variety of trading instruments, the availability of a demo account, the high speed of execution, and the security of traders’ funds.
How we tested Flitpay
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Flitpay
The Flitpay Indian exchange was launched in 2017. On the platform, you can trade Bitcoin (₿) and the most popular altcoins, including Ethereum (Ξ), Litecoin (Ł), DOGE (Ð), USDT (₮), and XRP. Fiats are represented only by the Indian rupee. The deposit and withdrawal of funds are possible through many channels, including bank transfers, cards, and electronic wallets. There are no commissions for these operations. Trading commissions are fixed at 0.2% on other transactions. In addition to trading, the platform provides an integrated service for exchanging cryptocurrencies among themselves and cryptocurrencies with the Indian rupee. The exchange has its own FLT token. Trading is possible both in the browser and in the mobile application. All transactions are carried out almost instantly. Flitpay offers standard and demo accounts.
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- in pairs of crypto-crypto and crypto-fiat, several dozens of the most popular cryptocurrencies are available;
- the platform does not charge commission fees for depositing or withdrawing funds and transfers between traders;
- most deposit and withdrawal options are available, including bank cards and electronic wallets;
- the platform works stably in 24/7 mode with high-speed executions;
- a modern KYC-standard system for protecting user funds and data;
- the exchange offers a demo account to familiarize beginners with the principles of crypto trading.
- there are crypto-fiat pairs, however, fiat funds are represented on the platform only by the Indian rupee;
- although the commission is 0.2%, which is average for the market, there are quite a few crypto exchanges that have lower trading fees;
- you can contact technical support only through tickets on the platform and by email;
- there is no call center.
TU Expert Verdict
Chief Analytics Officer
Flitpay provides access to trading 25 cryptocurrencies including Bitcoin, Ethereum, Litecoin, and DOGE, with the Indian rupee as the only fiat supported. The exchange features a proprietary web-based platform and mobile apps for iOS and Android, both designed with user accessibility in mind. There is no fee for deposits or withdrawals, and the fixed trading commission is 0.2%. Flitpay offers both standard and demo accounts and requires KYC verification. Transactions are processed quickly, and security features such as 2FA and cold wallet storage are in place.
A few disadvantages are the lack of support for fiat currencies other than the Indian rupee, trading fees that are above the industry average for some competitors, and limited customer support options restricted to email and an internal ticket system. Flitpay may not be suitable for advanced traders or those who desire broader asset coverage or more robust support, but it can serve beginners and users focused on crypto-INR trading.
Flitpay Summary
| 💻 Trading platform: | Proprietary platform based on TradingView |
|---|---|
| 📊 Accounts: | Demo, standard |
| 💰 Account currency: | INR, also BTC, ETH, USDT, DOGE, and other altcoins |
| 💵 Deposit / Withdrawal: | Bank transfers and cards, e-wallets |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:1 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | from 0 |
| 💱 Commission: | Spot: 0.2%-0.2% |
| 🔧 Instruments: | 25 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | N/A |
| ⭐ Trading features: | Fixed trading commissions, no commissions for depositing and withdrawing funds, the referral program gives three types of bonuses |
| 🎁 Contests and bonuses: | Yes |
Flitpay has average trading fees and no deposit/withdrawal fees. However, the amount of fees is not the only indicator that must be considered when choosing a platform for active trading. What matters is the account’s currency, the presence or absence of a demo mode, mobile trading, the number of trading instruments, and investment decisions. The table below shows the basic data for Flitpay.
Flitpay Key Parameters Evaluation
Regulation and Safety
With a 6.75/10 score, Flitpay demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- 2FA
- Cold wallet storage
- Government-regulated
- No successful hacks history
- Not tier-1 regulated
- Not U.S regulated
- No facial recognition
Flitpay Security Factors
We also compared Flitpay against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Flitpay | Kraken | Coinbase | |
| Tier-1 regulation | No | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is Flitpay a regulated crypto exchange?
Flitpay is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Flitpay is authorized or licensed in accordance with local regulations in the following regions: India.
Is verification (KYC) mandatory at Flitpay?
Yes, KYC verification is mandatory at Flitpay. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Flitpay available in the USA?
Flitpay is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .
Flitpay commissions and fees
Flitpay received a 5.75/10 score for its trading fees. While Flitpay is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Spot fee above industry average
What are Flitpay trading fees?
We analyzed Flitpay’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Flitpay trading fees vs competitors
| Flitpay | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.2 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.2 | 0.22 | 0.2 | 0.194 |
What are Flitpay deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0009 BTC 0.01 ETH |
Does Flitpay offer P2P trading?
No, Flitpay does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
Flitpay received a 5/10 rating for its deposit and withdrawal services. While Flitpay covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- PayPal payments
- Bank transfers for deposits and withdrawals
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- No Google Pay option
- No P2P transfer option
- Withdrawal fee applies
Deposit and withdrawal options
Flitpay supports the following deposit and withdrawal options: Bank transfers, Crypto, PayPal.
Flitpay Deposit and withdrawal options vs competitors
| Flitpay | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | Yes | Yes | Yes |
What is Flitpay minimum deposit?
The minimum deposit at Flitpay is 10 USD/USDT or 3 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Flitpay minimum deposit vs competitors
| Flitpay | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 10 | 10 | 10 |
| Minimum deposit, BTC | 3 | 1 | 1 |
| Minimum trade amount, USD/USDT | 10 | 1 | 2 |
Does Flitpay support fiat money?
Flitpay does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Flitpay received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Flitpay covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Yield farming not available
- NTFs not available
Flitpay supported coins and markets vs competitors
We compared Flitpay with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Flitpay | Kraken | Coinbase | |
| Supported coins | 25 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
Flitpay passive income options vs competitors
We also compared Flitpay with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Flitpay received a score of 6/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Advanced tools and automation with API
- Android app score 4.8
- Mobile indicators allowed
- Positive user feedback on the iOS app
- Advanced orders not available
- No access to Copy Trading
- No trading bots for traders
Trading apps
Flitpay provides web and mobile apps for both Android and iOS users, with an average rating of 4 on the App Store and 4.8 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Flitpay platform is for mobile use.
| Flitpay | Kraken | Coinbase | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | No |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | No | Yes | Yes |
| Trading with bots | No | No | No |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does Flitpay offer a desktop app?
No, Flitpay does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Flitpay offer advanced charting with TradingView integration?
No, Flitpay does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2018 |
|---|---|
| Registration address | 70/75 patel marg, Madhyam Marg, Mansarovar, Jaipur, Rajasthan 302020, India |
| Official site | https://www.flitpay.com/ |
| Contacts |
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