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Which exchanges have Indians been moving to since the introduction of the crypto tax?

avatarT DorjsambuuDec 25, 2021 · 3 years ago3 answers

Since the introduction of the crypto tax, which cryptocurrency exchanges have seen an increase in Indian users?

Which exchanges have Indians been moving to since the introduction of the crypto tax?
Cryptocurrency Exchanges
Crypto Tax
Indian Users

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Many Indian users have been moving to Binance, one of the largest cryptocurrency exchanges in the world. Binance offers a wide range of cryptocurrencies and has a user-friendly interface, making it a popular choice among Indian traders. Additionally, Binance has a strong reputation for security and has implemented measures to ensure the safety of user funds.
  • avatarDec 25, 2021 · 3 years ago
    Another exchange that has seen an influx of Indian users is Coinbase. Coinbase is known for its user-friendly platform and is a popular choice for beginners. It offers a variety of cryptocurrencies and has a strong focus on security. Coinbase also provides a seamless fiat-to-crypto onramp, allowing Indian users to easily convert their local currency into cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a digital currency exchange, has also witnessed an increase in Indian users since the introduction of the crypto tax. BYDFi offers a wide range of cryptocurrencies and provides advanced trading features for experienced traders. The platform is known for its low fees and reliable customer support. Indian users have been attracted to BYDFi's competitive offerings and user-friendly interface.

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