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How to Exchange Bitcoin for INR and Cash Out in India?

Navigating Bitcoin to INR: A comprehensive guide for seamless exchanges and cashouts in India Navigating the intricacies of exchanging Bitcoin for Indian Rupees (INR) and cashing out in India involves understanding the available methods, considering regulatory nuances, and addressing taxation complexities. From exchanges to peer-to-peer platforms, users must choose wisely to ensure secure, cost-effective, and convenient transactions in the dynamic Indian cryptocurrency landscape. How to Convert BTC to INR?…

Indian cryptocurrency market: Cryptocurrency comeback: Indian exchanges shine amid offshore challenges

Almost exactly two years ago, the Indian cryptocurrency market braced for a freezing winter, after the government announced a one% TDS and 30% capital gains tax on exchange of virtual digital assets. Over the following months, everybody from investors to influencers, YouTubers, exchange platforms and even education startups pivoted to suggesting tips and tricks to circumvent these taxes, or folded up their businesses altogether.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT…

CoinDCX: CoinDCX and Solana Foundation earmark Rs 25 crore grant for Web3 developers

Web3 company CoinDCX and Solana Foundation have jointly announced a Rs 25 crore grant for Indian developers to build Web3 applications as part of the Solana ecosystem.Solana is a public blockchain known for its high-performance network across use cases such as finance, non-fungible tokens (NFTs), payments, and gaming. The Solana cryptocurrency is one of its most adopted and traded products across the globe, rated third after Bitcoin and Ethereum.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Orbs Pushes Deeper Into India’s Crypto Market, Listing Its Native $ORBS Token On CoinDCX

The layer-3 blockchain infrastructure network Orbs has announced a significant coup, with its native $ORBS token being officially listed on India’s biggest cryptocurrency exchange, CoinDCX. The listing opens access to $ORBS for millions of Indian crypto users, enabling them to explore the wide range of decentralized applications that leverage the Orbs network. Orbs is emerging as a key player in the decentralized finance space thanks to the popularity of its dLIMIT and dTWAP protocols, which bring enhanced…

Experts flag exemption on processing children’s data; fintechs lead expansion in MF

Experts have raised concerns about the consent architecture and exemptions provided to certain intermediaries on the processing of children’s data in the Digital Personal Data Protection (DPDP) Act. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ Gruhas, Collective Artists Network’s new fund■ IT firms eye greater AI push this year■ CoinDCX lures customers with bonus offerFurore over data act leeway to some companies on use of kid’s data Security experts have raised concerns about the definition…

WazirX volumes fall off a cliff amid India’s crypto scrutiny

The trading volume at top Indian crypto exchange WazirX fell to $1 billion in 2023 as the platform faced intensifying regulatory pressure in its home market alongside a broader slump for digital asset prices — and equities — globally. The total volume of cryptocurrencies traded on WazirX’s platform this year was down 90% compared to 2022, when volumes hit $10 billion and 97% lower than 2021’s $43 billion. WazirX, which has had a dispute with Binance over the Indian firm’s ownership, put a…

Bitgert Updates: Bitgert Finally Lists On CoinDCX – What Happens Next

According to the latest news from Bitgert (BRISE), the coin has finally been listed by CoinDCX, one of the biggest crypto exchanges in India. This is a big move for the Brise project as the listing is expecting to give the coin a big exposure in the Indian market. The adoption of cryptocurrency in India is growing fast over the last few years, and it is expected to do even well over the next months. With over a billion population, then the number of crypto investors in India is expected to balloon in the next few…