Cryptos in India

Cryptocurrency Taxation in India

On December 13, Indian Income Tax department surveyed major cryptocurrency exchanges across the country including exchanges in Mumbai, Pune, Bengaluru, Delhi, Hyderabad, and Gurugram. The survey was conducted to identify parties involved, extract information about transactions and funnel down assesses who poses the risk of tax evasion. Income Tax department would be issuing a notice […]

Koinex Review: Low Cost Exchange in India

Koinex is an Indian cryptocurrency exchange. It provides an option to potential buyers to invest & trade in multiple cryptocurrencies. Koinex has been founded by Rahul Raj(IIT Kharagpur), Rakesh Yadav(IIT Delhi), Aditya Naik(BITS Pilani). The website was introduced in 2016. Cryptocurrencies available on Koinex platform include- Bitcoin Ethereum Ripple Litecoin Bitcoin Cash Golem Miota Omisego […]

Indian cryptocurrency market is expected to double by next year. Level of awareness is very low as compared other market, even Asian. The currency, majorly governed by investors in USA, Europe and Korea, slowly gaining popularity in Indian market. In 2016, 2% of the $140 billion crypto market cap was reportedly purchased by residents of India. […]