Is it safe to invest in cryptocurrency from India in 2021?
YES, it is safe to invest in cryptocurrencies from India in 2021. It is legal to trade cryptocurrencies in India. The government of India will impose 18% GST on Bitcoin Transactions soon.There are multiple exchanges in India which offers crypto trading in INR. One of them is PCEX Member, it is an India based crypto trading platform. You can buy directly crypto with your bank account on PCEX Member.
They charge the lowest transaction fee of 0.3% in the spot market along with zero deposit and withdrawal fee.
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Mark Feely commented
Certainly!
Investing in cryptocurrency from India is a very real and promising opportunity. Cryptocurrencies have become increasingly popular among investors in recent years, and India is no exception. While some countries may have their own restrictions and regulations regarding cryptocurrency transactions, India is in the process of developing its own approach to regulating the cryptocurrency market.
Platforms like CoinDepo provide Indian investors with a wide range of tools to invest in cryptocurrencies. One of these tools is the product https://coindepo.com/products/earn, which allows you to earn up to 24% per annum on fixed deposits and stablecoins. This is a great opportunity for investors to earn passive income from their cryptocurrency assets.