I want a secure option to change crypto into INR without depending on risky P2P transactions. Are there reliable, tax-compliant alternatives to exchanges like Zebpay or CoinDCX?
hey all, i was looking into this as well and its a little messy right now but i think one of the best ways is sticking to exchanges that are fully regulated and nicely integrated with your bank account. ive been reading that some indian exchanges are starting to add more compliance measures directly into the platform so you never need to worry about tax issues later on. also, isn’t it interesting how many people seem to be avoiding P2P simply because even if it’s convenient sometimes the legal stuff gets super tricky? im curious if any of you have experimented with using a bank transfer linked directly to a crypto exchange like it’s already working in some european countries? i wonder if such solutions could eventually be rolled out more widely in india too… what are your thoughts on this direction, and maybe your experiences? let’s make sure we know what we’re getting into from both a safety and tax standpoint!