India’s crypto market shifts gear: Trade in Futures outpaces spot transactions; TDS law, rising prices fuel surge
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
India's cryptocurrency market is witnessing a surge in futures trading, surpassing spot transactions due to rising crypto prices and leverage opportunities. Traders are bypassing the steep TDS and profit tax applicable on spot trades by using futures. The acceptance of Indian rupee margins on domestic platforms has further fueled this shift, prompting exchanges to actively promote derivatives. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
