The financial landscape in India is witnessing a historic shift. For decades, trading precious metals required a traditional commodity account. Today, the walls between traditional finance (TradFi) and the crypto ecosystem are crumbling. Investors can now trade global powerhouses like gold and silver alongside their favorite digital assets directly in INR on SunCrypto, crypto exchange in India.
This guide breaks down the two distinct paths to trading metal futures in India: the conventional MCX route and the modern “TradeFi” approach through SunCrypto.
The Traditional Route for Trading on MCX
To trade gold and silver through traditional channels, you must interact with the Multi Commodity Exchange (MCX). This is the standard “TradFi” method used by institutional and retail commodity traders.
- Requires a commodity trading account with SEBI-registered entities (e.g., Zerodha, Upstox, etc.).
- You must submit PAN, Aadhaar, and bank details specifically for the commodity segment.
- Limited to Monday–Friday, 9:00 AM to 11:30 PM (or 11:55 PM during daylight savings).
- Contract Sizes:
- Gold: Gold (1kg), Gold Mini (100g), Gold Guinea (8g), Gold Petal (1g).
- Silver: Silver (30kg), Silver Mini (5kg), Silver Micro (1kg).
- Settlement: Typically cash-settled, but some contracts require physical delivery at expiry.
The Modern Route for TradeFi on SunCrypto
If you want to trade gold, silver, platinum, and palladium with the speed and 24/7 access of crypto, SunCrypto—the best crypto exchange in India—has pioneered a “TradeFi” bridge.
“TradeFi” in this context refers to the integration of traditional finance instruments (like metals) into a crypto-native trading interface.
New Listings & Pairs on SunCrypto
The best crypto exchange in India recently launched futures trading for the following pairs:
- Gold (XAU): XAU/INR & XAU/USDT
- Silver (XAG): XAG/INR & XAG/USDT
- Platinum (XPT): XPT/INR & XPT/USDT
- Palladium (XPD): XPD/INR & XPD/USDT
Why SunCrypto Is the Best Crypto Exchange in India for Metal Futures
- Unlike the conservative margins on MCX, SunCrypto offers up to 30x leverage. This allows you to control a position worth ₹300,000 with just ₹10,000 in margin.
- Traditional markets shut down on weekends. On SunCrypto, the best crypto exchange in India, you can even trade gold at 3:00 AM on a Sunday.
- Manage your Bitcoin, Ethereum, and Palladium in a single app. No need to switch between a stockbroker and a crypto exchange.
- You can trade these metals directly with your INR balance, avoiding complex currency conversions.
How to Trade Metals on SunCrypto?
- Onboard: Download the app from the best crypto exchange in India and complete your quick KYC.
- Deposit Funds: Add INR via UPI or bank transfer to your SunCrypto wallet.
- Enter Futures Market: Navigate to the “Futures” tab and search for XAU, XAG, XPT, or XPD.
- Select Direction:
- Long: If you expect the price to rise (e.g., due to inflation or global tension).
- Short: If you expect the price to fall (e.g., due to a stronger US dollar).
- Set Leverage & Risk: Use the leverage slider (up to 30x). Crucial: Always set a stop-loss to protect your capital from liquidations.
Key Factors Affecting Metal Prices
Whether you trade on MCX or the best crypto exchange in India, these factors move the charts:
- The Dollar Index (DXY) represents when the USD strengthens, metals usually drop.
- Gold and silver are classic hedges; when inflation rises, demand for metals peaks.
- Platinum and palladium are essential for the auto and green energy sectors for industrial demand.
- Geopolitical News: Conflicts often drive “safe haven” buying into gold.
Final Verdict
Traditional MCX trading is ideal for those who prefer regulated commodity brokers and may want physical delivery. However, for the modern trader who values 24/7 access, high leverage, and a unified digital experience, SunCrypto is undeniably the best crypto exchange in India to start your TradeFi journey.
Disclaimer: Crypto products & NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.