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Which app is best for investing in Cryptocurrency in India?
Established in 2014, ZebPay offers the highest referral commission. It has been marked as a safe, secure and one of the oldest platforms for cryptocurrency exchanges. The application is founded by Sandeep Goenka, Mahin Gupta, Saurabh Agrawal and it also provides several facilities including refer and earn feature.
Which platform is best for crypto?
Best Crypto Exchanges of 2021
- Best Overall: Coinbase and Coinbase Pro.
- Best for Beginners: Cash App.
- Best Decentralized Exchange: Bisq.
- Best for Altcoins: Binance.US.
Is crypto trading legal in India?
Currently, there is no regulation or any ban on the use of cryptocurrencies in the country. The Reserve Bank of India’s (RBI) order banning banks from supporting crypto transactions, was reversed by the Supreme Court order of March 2020.
What is the safest Cryptocurrency?
Bitcoin is the most established cryptocurrency, and it’s more safe than most altcoin investments.
Is crypto taxable in India?
In India, there are no specific guidelines on the taxation of cryptocurrency in the Income-Tax Act, 1961. But taxpayers need to report transactions if they have invested in cryptocurrencies and gained from those investments.
How can I invest in crypto from India?
Some of the top crypto exchanges in India are — WazirX, CoinDCX, Coinswitch Kuber and Unocoin—users have to sign up with their KYC credentials, download the app, and buy cryptocurrency. These exchanges also help you to monitor the value of cryptocurrency and buy or sell it.
Is WazirX banned in India?
WazirX has tweeted that the app has been restored since the crash which was caused by heavy user activity after the government’s proposed regulation became public. WazirX CEO Nischal Shetty requested the investors not to panic and show some faith in cryptocurrency.
Which is the best cryptocurrency trading platform in India?
CoinSwitch Kuber is a secure and user-friendly platform that is a great option for Indian users. You can buy more than a hundred cryptocurrencies at the best rate over here, such as Bitcoin, Ripple, Ethereum, and much more. There is a wide range of payment options available as well.
Which is the best bitcoin exchange in India?
CoinSwitch Kuber is India’s leading cryptocurrency exchange platform offering one of the best rates on Bitcoin trades. It is easy to trade BTC instantaneously on CoinSwitch Kuber. The KYC and AML verification procedures are also easy to follow.
How many cryptocurrency holders are there in India?
There are presently over 2.1 crore cryptocurrency holders in India. Although buying cryptocurrencies can be a rather tricky procedure in itself, crypto exchanges make it much easier for the general public to trade and buy cryptocurrencies.
What are the best crypto trading apps?
WazirX is the popular name in the list of the best crypto trading apps. It comes with a number of helpful features. For example, it is compatible with several platforms and can be conveniently used on both iOS and Android devices.