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India is going to be a large market for crypto assets in the coming years, and the exchanges in the country and globally are building for that, CoinDCX co-founder Gupta told Moneycontrol.
Weightage | 24H Price Change (%) |
6 | 7.90% |
Weekly Price Change (%) | Monthly Price Change (%) |
-24.04% | -32.41% |
Current Value (₹) | |
18.18 |
Weightage | 24H Price Change (%) |
22 | 6.81% |
Weekly Price Change (%) | Monthly Price Change (%) |
-9.60% | -8.98% |
Current Value (₹) | |
72.68 |
Weightage | 24H Price Change (%) |
9 | 9.52% |
Weekly Price Change (%) | Monthly Price Change (%) |
-20.98% | -22.20% |
Current Value (₹) | |
8.53 |
Weightage | 24H Price Change (%) |
15 | 7.93% |
Weekly Price Change (%) | Monthly Price Change (%) |
-21.04% | -28.53% |
Current Value (₹) | |
20.38 |
Weightage | 24H Price Change (%) |
17 | 6.42% |
Weekly Price Change (%) | Monthly Price Change (%) |
-11.69% | -0.34% |
Current Value (₹) | |
74.17 |
Weightage | 24H Price Change (%) |
7 | 9.84% |
Weekly Price Change (%) | Monthly Price Change (%) |
-19.76% | -18.87% |
Current Value (₹) | |
16.95 |
Weightage | 24H Price Change (%) |
13 | 8.32% |
Weekly Price Change (%) | Monthly Price Change (%) |
-16.70% | -28.14% |
Current Value (₹) | |
45.42 |
Weightage | 24H Price Change (%) |
11 | 7.56% |
Weekly Price Change (%) | Monthly Price Change (%) |
-15.67% | -27.68% |
Current Value (₹) | |
165.78 |
Name | Weightage | 24H Price Change (%) | Weekly Price Change (%) | Monthly Price Change (%) | Current Value (₹) |
---|---|---|---|---|---|
Liquid Staking Derivatives Tracker | 6 | 7.90% | -24.04% | -32.41% | 18.18 |
Smart Contract Tracker | 22 | 6.81% | -9.60% | -8.98% | 72.68 |
NFT & Metaverse Tracker | 9 | 9.52% | -20.98% | -22.20% | 8.53 |
Web3 Tracker | 15 | 7.93% | -21.04% | -28.53% | 20.38 |
Crypto Exchange Tracker | 17 | 6.42% | -11.69% | -0.34% | 74.17 |
DAO Tracker | 7 | 9.84% | -19.76% | -18.87% | 16.95 |
DeFi Tracker | 13 | 8.32% | -16.70% | -28.14% | 45.42 |
AI Tracker | 11 | 7.56% | -15.67% | -27.68% | 165.78 |
India is going to be a large market for crypto assets in the coming years, and the exchanges in the country and globally are building for that, CoinDCX co-founder Gupta told Moneycontrol.
Cryptocurrency is a form of digital money that uses encryption techniques to regulate and verify transactions on a decentralised network, usually a blockchain. Unlike traditional currencies, it is not issued by any government or bank. Some well-known Cryptocurrencies included - Bitcoin, Ethereum, and Ripple.
To buy cryptocurrency in India, you can use popular crypto exchanges like WazirX, CoinDCX, or CoinSwitch. Just create an account, complete your KYC verification, link your bank account or UPI, and you are good to go. Once your account is set up, login and choose the coin you want to buy.
Yes, you can convert cryptocurrency to cash (INR) in India through crypto exchanges. Just sell your crypto holdings on the platform, and the rupee equivalent will be credited to your linked bank account. Make sure your exchange is compliant with Indian KYC norms. Keep in mind that taxes apply on any profits you make during the conversion.
Yes, cryptocurrency is legal in India but with some conditions. While you can not use it like rupees in shops, it’s not banned either. The government allows crypto trading and investment, but profits from crypto are taxed under specific rules.
Yes, you can convert cryptocurrency to cash (INR) in India through crypto exchanges. Just sell your crypto holdings on the platform, and the rupee equivalent will be credited to your linked bank account. Make sure your exchange is compliant with Indian KYC norms. Keep in mind that taxes apply on any profits you make during the conversion.
Cryptocurrency is a digital or virtual form of currency that uses blockchain technology for secure, decentralised transactions. Unlike fiat currencies like the Indian Rupee (INR), cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and others are not issued by any central authority or bank.
Cryptocurrency has become popular among Indian investors, especially millennials and tech-savvy professionals. While the Indian government has not officially recognised cryptocurrencies like Bitcoin or Ethereum as legal tender, trading, holding, and investing in digital assets is currently legal under regulatory oversight. As of 2025, cryptocurrencies are treated as Virtual Digital Assets (VDAs) and are governed primarily by taxation laws and compliance guidelines.
Under the Income Tax Act, profits from crypto transactions are taxed at a flat rate of 30%, and a 1% TDS (Tax Deducted at Source) is levied on all transactions above specific thresholds. Notably, crypto losses cannot be offset against gains from other assets. Therefore, investors are advised to maintain detailed records of their trades and file their crypto income under ‘Income from Other Sources’ when submitting their ITR.
Some of the popular crypto exchanges in India include - CoinDCX, WazirX, CoinSwitch Kuber, or ZebPay. These platforms require mandatory KYC verification and allow users to deposit Indian Rupees (INR) via UPI or bank transfer. Once verified, users can buy and sell a wide range of digital coins, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Tether (USDT).
While the Reserve Bank of India (RBI) has expressed concerns over the volatility of crypto markets, it has not imposed any direct ban. Instead, RBI is actively exploring alternatives through its own Digital Rupee (CBDC), which is being tested for both retail and institutional use cases.
Stay informed with the latest updates on cryptocurrency in India, covering legal status, taxation, platforms, and trading tips, only on Moneycontrol.com.