Simplyfy Crypto is India's first 100% Secure & Compliant crypto currency exchange. Trade in BitCoin, Ethereum, Dogecoin , Solano and other crypto currencies in INR. Follow this space for more updates.
Trading in crypto currency is now simple.
Step 1. - Sign Up and Verify Mobile number
Step 2. - Complete KYC and Link bank account
Step 3. - Start trading in INR
Yes, crypto currency and NFT's are classified as Virtual Digital assets in S. 2(47 A ) of the Income Tax Act, 1961. One needs to pay a tax of 30% on any gains/profits made through trading crypto currency or NFT'S.