Which exchanges have Indians been moving to since the introduction of the crypto tax?
Hayden YatesDec 16, 2021 · 3 years ago3 answers
Since the introduction of the crypto tax, which cryptocurrency exchanges have seen an increase in Indian users?
3 answers
- Dec 16, 2021 · 3 years agoMany 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.
- Dec 16, 2021 · 3 years agoAnother 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.
- Dec 16, 2021 · 3 years agoBYDFi, 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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