#indian cryptocurrency exchange list

[cryptonewspod]

Best App For Cryptocurrency Trading In India - CryptoNewsPod

Best App For Cryptocurrency Trading In India – Cryptocurrencies have become increasingly popular in India over the last few years. With the rise in demand, there has been a surge in the number of cryptocurrency trading apps in the market. In any case, not all applications are made equivalent, Additionally, selecting the appropriate app can seem like a daunting task. In this article, we will take…

[incoldbloodsblog]

The Darkweb: Exploring the hidden crimes of the Internet

The Dark Web is a complex and often misunderstood segment of the internet, shrouded in secrecy and notorious for its association with illegal activities. This hidden part of the web, accessible only through specialised software like Tor (The Onion Router), allows users to navigate anonymously, which has fostered both legitimate and illicit uses. The Dark Web is a subset of the Deep Web, which itself constitutes about 90% of the internet not indexed by traditional search engines. While most users interact with the Surface Web, the Deep Web includes private databases and secure sites, whereas the Dark Web is specifically designed for anonymity and privacy. The Dark Web emerged from projects aimed at ensuring secure communication, originally developed by the U.S. Department of Defence in the early 2000s. [1] [2]

Hidden Crimes in the Dark Web

The anonymity offered by the dark web has made it a hub for numerous forms of criminal activity. From illegal marketplaces to cybercrime forums, this underworld of the internet is teeming with hidden dangers.

Illicit Markets and Drug Trade

One of the most notorious aspects of the dark web is its marketplace for illegal goods. Websites like the now-defunct Silk Road offered a platform where users could buy and sell illegal drugs, firearms, stolen goods, and counterfeit documents. These black markets are often operated using cryptocurrencies such as Bitcoin to further mask identities and ensure untraceable transactions.According to a 2019 study by the European Monitoring Centre for Drugs and Drug Addiction, the dark web drug trade has grown exponentially, with millions of dollars' worth of drugs being sold monthly across various platforms . [3] [4]

2. Cybercrime and Hacking Services

The dark web also serves as a marketplace for cybercriminals. Hacking tools, ransomware-as-a-service, and stolen data are regularly exchanged in these hidden corners of the internet. Criminals offer services ranging from DDoS attacks to the sale of stolen credit card information and personal identities. Some forums even provide tutorials for novice hackers looking to learn cybercrime techniques. [5]

3. Human Trafficking and Exploitation

While less publicly discussed, the dark web has been linked to disturbing trends in human trafficking and child exploitation. Illegal forums allow criminals to sell services or even traffic victims, relying on the secrecy provided by encryption and anonymity transactions. These criminal activities often occur alongside other heinous content like child abuse imagery, which is tragically prevalent in certain corners of the dark web . [5]

4.Weapons and Assassination-for-Hire

Another dark aspect of the dark web is the sale of illegal firearms, explosives, and even assassination services. Websites provide arms to buyers without the restrictions and regulations of the surface web. Though some claims of hitmen-for-hire on the dark web have been debunked as scams, the sale of illicit firearms remains a significant concern for global law enforcement agencies .

Top 5 Notorious Cases on the Dark Web

(Content Warning: This list includes some horrifying incidents and scary dark web stories. We suggest you skip entries if you’re faint of heart or suffering from any type of anxiety or stress disorder.)

1. Banmeet Singh’s $100M+ dark web drug empire gets brought to light

Starting with a fairly recent case, Banmeet Singh of Haldwani, Northern India was sentenced to eight years in prison in late January 2024 after he was found to have created and led a multi-million dollar drug enterprise.The Indian national also forfeited $150 million in cryptocurrency. This proved to be illegal drug money that was laundered into cryptocurrency. Singh used various dark web marketplaces to create his drug empire. According to the U.S. Department of Justice, Singh shipped drugs from Europe to eight distribution centers in the US. After, these were transported to and sold in all 50 US states and other countries in the Americas. Singh was arrested in London, where he was residing in 2019. In 2023, he was extradited to the US. [7]

2. Operation Dark hunTor results in 150 arrests in nine countries

We’re moving from one multi-million-dollar illegal contraband case to the next. In 2021, Euro pol, Eurojust, and the police forces of nine countries conducted one of the biggest anti-crime operations the dark web has ever seen: Dark hunter. This operation resulted in 150 arrests across Australia, Bulgaria, France, Germany, Italy, the Netherlands, Switzerland, the United Kingdom, and the United States. All of the arrested were allegedly involved in buying or selling illegal goods on the dark web. The authorities found some articles in the possession of the arrested that strengthened their case: EUR 26.7 million (USD 31 million) in cash and virtual currencies, 234 kg of drugs, and 45 firearms.Italian authorities also managed to close down two dark web markets that boasted over 100,000 listings for illegal goods, DeepSea and Berlusconi. [7]

3. Operation DisrupTor exposes a dark web drugs distribution center

Amid the Covid pandemic, most businesses were struggling. Meanwhile, Operation DisrupTor suggests the drug business was still prospering. In February 2020, a group of FBI agents found 50 pounds of methamphetamine and thousands of Adderall pills in a storage shed in Los Angeles. The drugs, and the firearms that were also found, belonged to a crime network that had completed over 18,000 drug sales on the dark web. The criminal syndicate hid the drugs in a shed that they had made to look like a legitimate mail-order business. Their dark web drug sales included shipments to other dark net vendors, street dealers, and actual consumers. [7]

WATCH FULL VIDEO [8]

4. Attempt to hire a dark web hitman backfires

Now and then, crazy deep web stories pop up about how easy it is to hire a dark web hitman. One of these urban legends, however, turned out to be true. In February 2024, a woman from Canberra, Australia, pleaded guilty to inciting another to murder. The woman claimed to have contacted a dark web hitman (on the dark web marketplace Sinaloa Cartel) to murder her wealthy parents as part of an inheritance scheme. Supposedly, the total agreed-upon sum for the murder was $20,000, of which she had already paid $6,000 as a downpayment, using Bitcoin. It’s hard to say if the woman was actually talking to a contract killer or a scammer. Let’s just say we’re just happy the Australian court system was on to her before we could find out. While we don’t encourage anyone to go looking for a hitman on the dark web or elsewhere, this case goes to show that even on the dark web and while using crypto, many actions are retraceable. We always recommend people with good intentions to go for maximum privacy, as it’s no one’s business what they’re doing on the dark web. A great way to improve your privacy is by using NordVPN. NordVPN hides your IP address and encrypts your traffic, plus it blocks malicious links. [7]

5. No Love Deep Web takes dark web enthusiasts on a treasure hunt

Back in August of 2012, visitors on the dark web could find clues scattered on the network that led them through a fascinating alternate reality game. Much like Cicada 3031’s 4chan game, the clues led regular users through an array of clever clues set up like a treasure hunt. The dark web game employed a lot of encryption means to hide its hints, including the Caesar cipher, QR codes, Morse code, and a lot of other similar encryption methods. All of the clues were spread around dark websites, and one participant recounts the experience as quite thrilling:

So what was going on? Well, it wasn’t a secret government agency recruiting new members, and it wasn’t a feat of a group of cybercriminals.

Rather, the game was created by the experimental hip-hop group Death Grips to promote their new album, No Love Deep Web. [7]

READ MORE CASES [7]

Law Enforcement and the Fight Against Dark Web Crime

Despite the anonymity and encryption, law enforcement agencies around the world have made significant progress in cracking down on dark web criminality. In 2021, a multinational law enforcement effort, Operation Dark HunTor, led to the arrest of 150 individuals across multiple countries, targeting major drug vendors and illegal marketplaces on the dark web .

Undercover operations, improved digital forensics, and advances in cryptocurrency tracing have given authorities new tools to combat the hidden crimes of the dark web. However, for every takedown, new marketplaces and forums emerge, reflecting the cat-and-mouse dynamic between law enforcement and cybercriminals. [6]

Conclusion

While the dark web itself is not inherently evil, its secrecy has allowed criminals to thrive in ways that are difficult to regulate or even detect. From drug trafficking and cybercrime to human exploitation, the hidden crimes of the dark web reveal a darker side of digital anonymity. As law enforcement and technology continue to evolve, so too will the battle to uncover and combat these underground activities. Nonetheless, the dark web serves as a potent reminder that as technology advances, so too does the need for robust security measures and ethical oversight.

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sources:

https://www.varutra.com/the-hidden-internet-exploring-the-secrets-of-the-dark-web/

2.https://sopa.tulane.edu/blog/everything-you-should-know-about-dark-web

3. https://www.unsw.edu.au/research/ndarc/news-events/blogs/2016/01/dark-net-drug-marketplaces-begin-to-emulate-organised-street-cri

4. https://www.euda.europa.eu/darknet_en

5. https://www.findlaw.com/criminal/criminal-charges/dark-web-crimes.html

6. https://syntheticdrugs.unodc.org/syntheticdrugs/en/cybercrime/detectandrespond/investigation/darknet.html

7. file:///D:/New%20folder/The%2013%20Most%20Notorious%20Cases%20on%20the%20Dark%20Web.html

8. https://youtu.be/d4NSfrOtMfU?feature=shared

[tirangagames89]

Tiranga Trading App: A New Frontier in Digital Asset Exchange

In an increasingly digital world, the concept of ownership has extended beyond physical assets to include a wide range of digital properties, from cryptocurrencies to NFTs (non-fungible tokens). One of the latest trends in this space is the emergence of the Tiranga Trading App—a platform that allows users to trade colors as unique digital assets. Named after the Tiranga, the Indian tricolor flag, this app brings together elements of patriotism, digital innovation, and the growing interest in digital asset trading.

In this article, we will explore what the Tiranga Trading App is, how it works, the features it offers, and the potential it holds in the digital marketplace. We will also discuss the implications of trading digital colors and how this innovative platform could shape the future of digital commerce.

What is the Tiranga Trading App?

The Tiranga Trading App is a digital platform that enables users to buy, sell, and trade colors as unique digital assets. Each color on the platform is represented by a hexadecimal code—a combination of six characters (letters and numbers) that define a specific shade in digital design. For example, the color code #FF5733 represents a vibrant shade of orange.

The app takes inspiration from the Tiranga, India's national flag, and is designed to resonate with the themes of national pride, creativity, and digital ownership. Users can trade a variety of colors, including those that reflect the hues of the Indian flag, as well as other popular and rare shades.

How the Tiranga Trading App Works

The Tiranga Trading App functions as a marketplace where users can engage in the trading of digital colors. Here's a breakdown of how the app works:

1. Registration and Account Creation

To start trading on the Tiranga Trading App, users first need to create an account. The registration process is simple and involves providing basic information such as a username, email address, and password. Once the account is created, users may also need to verify their identity to ensure the security of their transactions.

2. Exploring the Color Marketplace

After creating an account, users can browse the app’s marketplace, which features a wide array of colors available for trade. Each color is listed with its hexadecimal code, current market value, and ownership history. The app provides tools to search for specific colors, view trending colors, and explore color palettes that align with certain themes or cultural references.

3. Buying and Selling Colors

To purchase a color, users can select the desired shade and initiate a transaction using the platform’s supported payment methods. Transactions are typically conducted in cryptocurrencies like Bitcoin or Ethereum, though some platforms might also accept traditional payment options. Once a color is purchased, ownership is transferred to the buyer and recorded on the app’s blockchain, ensuring the uniqueness and authenticity of the transaction.

Similarly, users who own colors can list them for sale on the marketplace. They can set their own prices based on factors like rarity, demand, or personal preference. When another user purchases the color, the seller receives the payment in their digital wallet, and the color’s ownership is updated on the blockchain.

4. Trading and Auctions

In addition to direct buying and selling, the Tiranga Trading App allows users to trade colors with one another. This involves exchanging one color for another, often based on mutual agreement between the two parties. The app may also feature an auction system where users can bid on rare or highly sought-after colors. These auctions can generate significant interest and drive up the value of certain shades, especially those associated with cultural significance or artistic value.

5. Creating and Minting Custom Colors

One of the most innovative features of the Tiranga Trading App is the ability to create and mint custom colors. Users can experiment with different RGB (Red, Green, Blue) values to generate unique shades, which can then be minted as NFTs and listed on the marketplace. This feature not only encourages creativity but also allows users to own truly one-of-a-kind digital assets.

Features of the Tiranga Trading App

The Tiranga Trading App offers a range of features designed to enhance the trading experience and make it accessible to a broad audience. Here are some of the key features:

1. User-Friendly Interface

The app is designed with simplicity and ease of use in mind. Whether you’re a seasoned digital asset trader or new to the concept of color trading, the app’s intuitive interface makes it easy to navigate, explore the marketplace, and manage your transactions.

2. Secure Blockchain Technology

Security is a top priority for any digital asset trading platform. The Tiranga Trading App uses blockchain technology to ensure that all transactions are secure, transparent, and verifiable. This technology guarantees that each color is unique and cannot be duplicated, providing users with confidence in their trades.

3. Diverse Color Marketplace

The app’s marketplace features a diverse selection of colors, ranging from common shades to rare and culturally significant hues. Users can explore trending colors, discover new shades, and participate in auctions for exclusive colors.

4. Custom Color Creation and Minting

The ability to create and mint custom colors is one of the most exciting aspects of the Tiranga Trading App. This feature allows users to generate unique shades, mint them as NFTs, and trade them on the marketplace. It’s a creative outlet that combines art and technology in a way that’s accessible to everyone.

5. Social and Community Features

The app includes social features that allow users to share their collections, follow other traders, and participate in community events. This sense of community adds a social dimension to the trading experience, making it more engaging and interactive.

6. Cross-Platform Accessibility

The Tiranga Trading App is available on multiple platforms, including mobile devices, tablets, and desktops. This cross-platform accessibility ensures that users can trade colors and manage their portfolios no matter where they are.

7. Integration with Digital Wallets

The app supports a variety of payment methods, including popular cryptocurrencies and traditional payment options. Integration with digital wallets makes it easy for users to manage their transactions and keep track of their digital assets.

The Potential of Color Trading in the Digital Marketplace

The concept of trading digital colors may seem niche, but it taps into several important trends in the digital world:

1. Digital Ownership and Scarcity

The idea of owning a specific color as a digital asset is a novel concept that aligns with the growing interest in digital ownership. The scarcity of certain colors, combined with their aesthetic and cultural value, can create a unique marketplace where colors are traded as valuable assets.

2. Artistic and Cultural Expression

Colors play a crucial role in art, design, and cultural expression. The Tiranga Trading App provides a platform for artists, designers, and collectors to explore new forms of creative expression and to own colors that have personal or cultural significance.

3. Investment Opportunities

As with other digital assets, colors on the Tiranga Trading App can appreciate in value over time. Rare or trending colors might become valuable investments, offering users the opportunity to profit from their trades. As the concept of color trading grows, it could open up new avenues for digital investment.

4. Community and Social Interaction

The social features of the Tiranga Trading App foster a sense of community among users. Participants can share their collections, collaborate on creative projects, and discuss trends, making color trading not just a financial activity but also a social one.

Challenges and Considerations

While the Tiranga Trading App offers exciting possibilities, there are challenges and considerations to keep in mind:

1. Market Volatility

As with any digital asset, the value of colors can fluctuate based on market trends and user interest. This volatility can make it difficult to predict the long-term value of a color, especially in a new and emerging market.

2. Intellectual Property and Legal Considerations

The concept of owning a color raises questions about intellectual property rights and legal frameworks. While the Tiranga Trading App uses blockchain to verify ownership, users should be aware of the limitations and legal implications of owning and trading digital colors.

3. Accessibility and Education

Color trading is a new concept that may require users to familiarize themselves with digital assets, blockchain technology, and the mechanics of trading. Ensuring that the app is accessible and providing educational resources will be key to attracting a broader audience.

Conclusion

The Tiranga Trading App represents a bold and innovative step in the world of digital asset trading. By allowing users to buy, sell, and trade colors as unique digital assets, the app opens up new possibilities for creativity, investment, and social interaction in the digital marketplace.

Whether you’re an artist looking to explore new creative avenues, an investor seeking the next big trend, or simply someone interested in the intersection of technology and culture, the Tiranga Trading App offers a platform to engage with digital colors in a way that’s both fun and potentially profitable.

[cryptolegal]

Crypto Exchange Licensing in India: The Role Of Blockchain Technology

Today, cryptocurrencies have become a global phenomenon getting immense attention from investors, regulators, and governments. The regulatory authorities in India have begun implementing regulations on crypto exchanges. Businesses can operate exchanges through platforms allowing them to trade effortlessly. However, it increases privacy threats. A potential framework that can govern these exchanges is Blockchain Technology. We'll learn more about it.

Importance of Crypto Exchanges

Several platforms in the Indian market allow users to trade digital currencies such as Bitcoin, Ethereum, and many more. However, these exchanges are volatile and have the potential for misuse. Thus, businesses need an efficient infrastructure that allows seamless digital assets trade, enabling liquidity and price transparency. Crypto exchanges are regulated by well-infrastructure platforms without which cryptocurrency usage will be hindered. Still, the decentralized nature of cryptocurrency brings challenges for regulators and can lead to illegal activities such as money laundering, data breaches, and terrorist financing.

Requirement for licensing

We have seen that Crypto Exchange Licensing in India operates on well-fortified infrastructure but it still comes at a risk. So, it is essential to operate within the framework to ensure financial safety. A licensed exchange is safe to bet on as it must meet all the compliance standards such as Anti-Money Laundering (AML) and Know Your Customer (KYC). These are crypto regulations that ensure data protection. Nonetheless, it doesn't guarantee complete security.

The government of India understands the significance of mandating regulations. As a result, we have the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) to regulate the best approaches in the crypto market. Gradually, the licensing will become stronger, transparent, and safe from illegal activities. One technology enabling safety in Crypto Exchange Licence in India is Blockchain Technology.

The Role of Blockchain Technology

Blockchain technology is a digital notebook that tracks and records transactions and data securely and transparently. The name blockchain means a chain of blocks that comprises transactions listed properly. Furthermore, a user can’t tamper with an existing block once added to the list. All these inherent features make blockchain technology trustworthy. Let’s look at the features blockchain technology provides.

Traceability and transparency: Businesses can leverage transaction information if they find any suspicious activities making it easier to track. All the licensed exchanges are available on a public ledger which ensures transparency. Hence, regulatory bodies can conveniently monitor and audit the funds.

Ensures fraud prevention: Blockchain comes with decentralization and records all the data regularly. One cannot tamper or alter the recorded data. So, it protects exchanges from cyber threats.

Smart contracts: Blockchain is equipped with smart contracts that automate the KYC and AML prerequisites of the exchanges. It enhances efficiency by reducing the risk of human error.

Conclusion

India is rapidly progressing in the crypto market and it is essential to license the crypto exchanges. Businesses must implement blockchain technology to allow robust regulation. Blockchain technology provides transparency, traceability, and security giving space to innovation in the crypto market.

[blockinsider]

Crypto Exchange WazirX Cuts Ties with Liminal Custody Following $230M Cyber Heist

Key Points

WazirX is ending its relationship with Liminal Custody after a $230 million security breach.

The Indian cryptocurrency exchange is transitioning its assets to new multi-signature wallets to enhance security.

WazirX, a cryptocurrency exchange based in India, has decided to end its partnership with Liminal Custody. This decision comes after a major security breach in July, which saw the theft of approximately $230 million. This amount represents nearly half of the total funds held by the exchange’s customers.

In an effort to improve security and prevent future incidents, WazirX has announced that it is transferring its assets from Liminal to new multi-signature wallets. Despite the security of its internal systems, the breach was linked to issues with Liminal’s custody services. The move to new wallets is a precautionary measure to ensure maximum protection for user assets following the July 18th incident.

Transparency and User Reactions

Once the migration is complete, WazirX plans to disclose a list of the new wallets to increase transparency for its users. The exchange has also provided a method for users to track all blockchain transactions related to the hack, enabling them to monitor the status of their funds.

Liminal Custody, in a comprehensive post-mortem of the hack, stated that the fault did not lie with their systems. Instead, it was a compromise of WazirX’s own devices. The multi-signature wallet system used by WazirX consisted of six signatories, including Liminal and members of the WazirX team. For the attack to be successful, the attacker only needed to compromise three of these signatories.

The incident involved an attacker initiating a valid transaction from WazirX’s devices. Liminal’s server provided a “safeTxHash” to confirm this transaction. However, the attacker replaced this hash with an invalid one, resulting in the transaction’s failure. Using signatures from other transactions, the attacker was able to approve a new transaction, which was successfully processed on the Ethereum network.

Restoring User Balances

Following the breach, WazirX faced criticism from users due to delays in fund withdrawals and perceived lack of transparency. The exchange’s co-founder has asked for patience as they work to resolve these issues and enhance security.

WazirX has recently stated that it is in the process of restoring user balances. The exchange will use transaction records from the time of the hack to determine which users are eligible for reimbursement. To ensure a secure transfer of assets, trading and withdrawal functions have been temporarily suspended.

In addition to restoring balances, WazirX is implementing extra security measures to prevent future breaches. The exchange’s commitment to transparency and robust user protection practices will be critical in restoring confidence and creating a safer trading environment.

[kristikinzel12]

Why These Are the Best Crypto Coins to Buy Now — Expert Top Picks for July 2024

The cryptocurrency market continues to evolve, offering investors a diverse range of options in 2024. This article examines five cryptocurrencies that have recently garnered attention in the digital asset space. Each of these coins offers unique features, ranging from innovative virtual reality platforms to cutting-edge decentralized finance solutions. The article highlights why these particular cryptocurrencies may be worth considering, discussing their current developments, market positions, and potential for growth. Factors such as technological innovation, community support, and real-world applications are emphasized as key drivers of their potential value.

Best Coins to Buy in 2024

Each of these coins brings something special to the table, from revolutionary VR platforms to decentralized finance solutions. Let’s take a closer look at the coins that are making waves:

5thScape (5SCAPE)

Axmint (AXM)

Uniswap (UNI)

Shiba Inu Coin (SHIB)

Dogecoin (DOGE)

As we explore their potential, it becomes clear why they’re considered top investment options in today’s crypto market.

1. 5thScape (5SCAPE)

5thScape has quickly risen to prominence as a leading VR platform, offering a comprehensive ecosystem that includes games, movies, education, and VR devices. Its token, 5SCAPE, has captured the attention of investors and tech enthusiasts alike.

Why Buy Now:

5thScape is nearing its $7 million token pre-sale goal, a clear indicator of strong investor confidence. The platform’s ambitious plans to revolutionize AR and VR technology are particularly noteworthy. By integrating various VR experiences with a focus on education and medical training, 5thScape is poised to significantly impact multiple industries. The company’s commitment to transparency and security further solidifies its position as a trustworthy investment.

Potential:

With the increasing adoption of VR technology, 5thScape is well-positioned for substantial growth. Early investors could benefit significantly as the platform continues to expand and innovate.

2. Axmint (AXM)

AXM, the native token of Axmachine Blockchain Services, is positioned as the network currency of the Axmint Ecosystem. The recent burning of 20% of AXM tokens marks a pivotal moment in the token’s journey.

Why Buy Now:

The AXM Token Presale provides an exciting opportunity for early investors to participate in this revolutionary project. Secure your AXM tokens on the Polygon, Avalanche, and Arbitrum networks.

The AXM presale is selling out fast, with the token available at just USD 0.4. The listing price will be 1 to 2 USD/AXM, which is a remarkable feat. In essence, AXM token investors are already making decent profits while the presale is going on. Partnered with Indian UPI via Axmpay, AXM token is verified by CMC, CG, Binance, Bitget, and BSCScan.

Potential:

As blockchain technology continues to evolve, Axmint scalability and efficiency offer a competitive edge. Investing in AXM now provides the opportunity to be part of a promising project with a solid foundation and potential for significant growth

3. Uniswap (UNI)

Uniswap is a decentralized exchange (DEX) that allows users to trade cryptocurrencies directly from their wallets. The platform’s governance token, UNI, plays a key role in its decentralized ecosystem.

Why Buy Now:

Uniswap has established itself as a leader in the DeFi space, with a user-friendly interface and a wide range of supported tokens. The platform’s continued innovation, including the recent launch of Uniswap V3, enhances its functionality and appeal. UNI token holders also benefit from governance rights, allowing them to shape the platform’s future.

Potential:

The growth of DeFi shows no signs of slowing down, and Uniswap’s position as a leading DEX ensures its relevance in the market. As more users and projects flock to DeFi, Uniswap and its UNI token are likely to see increased demand and value.

4. Shiba Inu Coin (SHIB)

Shiba Inu Coin (SHIB) started as a meme coin but has evolved into a vibrant ecosystem with its own decentralized exchange, ShibaSwap. The project’s strong community and ambitious roadmap make it more than just a joke.

Why Buy Now:

Shiba Inu’s recent developments, including the launch of ShibaSwap and plans for a layer-2 solution called Shibarium, demonstrate its commitment to growth and innovation. The coin’s passionate community and frequent updates keep it in the spotlight, attracting new investors.

Potential:

While SHIB’s journey from meme coin to a legitimate project is impressive, its future growth depends on continued innovation and adoption. Investing in SHIB now could be a strategic move as the project matures and expands its offerings.

5. Dogecoin (DOGE)

Dogecoin, originally created as a joke, has become a prominent cryptocurrency thanks to its active community and high-profile endorsements, including support from Elon Musk.

Why Buy Now:

Dogecoin’s widespread recognition and strong community support make it a unique investment opportunity. The coin’s use in various charitable initiatives and its acceptance by certain merchants for payments highlight its practical applications.

Potential:

Dogecoin’s potential lies in its community-driven nature and the possibility of broader adoption. As more people and businesses recognize its value, DOGE could see substantial growth.

Conclusion

Selecting the best cryptocurrencies to buy now involves evaluating their innovation, market potential, and community support. Among the highlighted coins, Axmint stands out as a particularly compelling investment. Investing in 5thScape, alongside other promising coins like 5TH Scape, Axmint, Uniswap, Shiba Inu Coin, and Dogecoin, can enhance your portfolio and maximize returns. Stay informed and strategic to capitalize on these exciting opportunities in the cryptocurrency market.

Website | Twitter | Telegram | Explorer

[tokenlauncher]

Dogwifhat Coin : The Future of Memecoins and Why You Should Invest

Introduction

In the world of cryptocurrencies, memecoins have carved out a unique niche, capturing the imagination of investors and enthusiasts alike. One such emerging star is DogWifHat Coin, a memecoin that’s quickly gaining traction for its fun concept and strong community backing. This blog will explore what DogWifHat Coin is, why it’s a good investment, and how you can invest in it from India.

What is DogWifHat Coin?

Why Invest in DogWifHat Coin?

Strong Community Support

DogWifHat Coin has quickly built a vibrant and active community. This strong community support is essential for the success of any memecoin, as it drives awareness, adoption, and engagement. A committed community can significantly influence the coin’s value through collective efforts in promotion and development.

Viral Potential

The meme-based nature of DogWifHat Coin makes it highly shareable and marketable. Memecoins often experience rapid growth due to viral marketing campaigns on social media platforms like Twitter, Reddit, and TikTok. DogWifHat Coin’s humorous and relatable branding gives it the potential to go viral, attracting a broad audience of investors and enthusiasts.

Low Entry Barrier

Investing in DogWifHat Coin is accessible to everyone. You don’t need to invest a large amount to get started. This low entry barrier allows more people to participate, contributing to the coin’s widespread adoption and growth.

Innovative Features

DogWifHat Coin is not just about the meme. The development team is working on integrating innovative features and applications that add real value to the coin. These could include decentralized finance (DeFi) applications, NFTs, or other utility features that enhance the coin’s functionality and attractiveness.

Potential for High Returns

Early adopters of successful memecoins have historically seen significant returns on their investments. DogWifHat Coin, with its strong community and viral potential, offers a promising opportunity for high returns. While all investments carry risks, the potential upside with DogWifHat Coin makes it an attractive option.

How to Invest in DogWifHat Coin from India

Step 1: Choose a Cryptocurrency Exchange

To invest in DogWifHat Coin, you first need to choose a cryptocurrency exchange that supports it. Popular exchanges like Binance, Coinbase, and WazirX often list new and emerging coins. Ensure that the exchange you choose allows you to trade DogWifHat Coin.

Step 2: Create an Account

Sign up for an account on your chosen cryptocurrency exchange. You’ll need to provide some personal information and verify your identity. This process typically involves submitting a government-issued ID and completing KYC (Know Your Customer) procedures.

Step 3: Deposit Funds

Once your account is set up and verified, deposit funds into your account. Most exchanges accept deposits in INR (Indian Rupee) via bank transfer, UPI, or other payment methods. You can also deposit other cryptocurrencies like Bitcoin or Ethereum and trade them for DogWifHat Coin.

Step 4: Buy DogWifHat Coin

With funds in your account, you can now buy DogWifHat Coin. Navigate to the trading section of the exchange, search for DogWifHat Coin (typically listed as $WIF), and place your buy order. You can choose to buy at the current market price or set a limit order if you prefer to buy at a specific price.

Step 5: Secure Your Investment

After purchasing DogWifHat Coin, it’s essential to secure your investment. Transfer your coins to a secure wallet. Hardware wallets like Ledger or Trezor are considered very secure, but software wallets and mobile wallets are also options for shorter-term storage.

Is It Good to Invest in DogWifHat Coin?

Positive Outlook

DogWifHat Coin has several factors in its favor, including strong community support, viral potential, and innovative features. These elements contribute to a positive outlook for the coin’s future. The low entry barrier and potential for high returns make it an attractive investment opportunity for both new and experienced investors.

Risk Management

As with any investment, it’s essential to manage risks. Memecoins can be highly volatile, and their value can fluctuate significantly. It’s wise to invest only what you can afford to lose and to diversify your investment portfolio. Keeping up with news and community updates can also help you make informed decisions.

Growing Market

The market for memecoins and cryptocurrencies continues to grow, with increasing mainstream acceptance and interest. This growth trend bodes well for DogWifHat Coin, as more people are likely to explore and invest in new and exciting digital assets.

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Conclusion

DogWifHat Coin represents an exciting opportunity in the world of memecoins. With its strong community, viral potential, and innovative features, it stands out as a promising investment. For investors in India, the process of buying and securing DogWifHat Coin is straightforward, making it accessible to a broad audience.

While all investments carry risks, the potential rewards with DogWifHat Coin make it worth considering. By managing your investments wisely and staying informed, you can take advantage of this exciting opportunity and potentially see significant returns.

Start your investment journey with DogWifHat Coin today and join a growing community that’s shaping the future of memecoins!

[piinindian]

Pi Rate in India: Understanding the Value of Pi Coin in the Indian Market

Pi Rate in India: Understanding the Value of Pi Coin in the Indian Market

The cryptocurrency market is booming, with new digital currencies emerging frequently. One such cryptocurrency that has garnered significant attention is Pi Coin. Launched by a group of Stanford graduates, Pi Coin aims to bring cryptocurrency mining to everyday users. In this article, we will delve into the Pi rate in India, examining its current value, potential growth, and factors influencing its price in the Indian market.

What is Pi Coin?

Pi Coin is a cryptocurrency that can be mined using a smartphone. Unlike traditional cryptocurrencies like Bitcoin, which require significant computational power and energy, Pi Coin is designed to be mined by regular users through a mobile app. This innovative approach makes it accessible to a broader audience, aiming to democratize the cryptocurrency mining process.

Pi Coin’s Unique Mining Process

Pi Coin utilizes a unique consensus algorithm called the Stellar Consensus Protocol (SCP). This protocol allows users to mine Pi Coins without draining their device's battery or consuming excessive power. The mining process involves users pressing a button on the Pi Network app once every 24 hours to validate transactions and secure the network.

Current Pi Rate in India

As of now, Pi Coin is still in its beta phase, and its value is not officially listed on major cryptocurrency exchanges. However, the Pi Network community is growing rapidly, and many users in India are actively participating in the mining process. The Pi rate in India, like in other countries, is currently speculative and determined by the community's perceived value and potential future growth.

Factors Influencing Pi Rate in India

Several factors influence the Pi rate in India, including:

Community Growth: The Pi Network's value largely depends on the number of active users. A larger community means more trust and potential value for the coin. India, with its vast population, has the potential to significantly impact the Pi rate.

Technological Advancements: As the Pi Network develops and introduces new features, the perceived value of Pi Coin could increase. Technological improvements in security, transaction speed, and usability will play a crucial role in its adoption.

See more: https://folkd.com/profile/pipriceinindiaa

Market Sentiment: The overall sentiment towards cryptocurrencies in India will also affect the Pi rate. Positive news, regulatory support, and increased adoption can drive up the value, while negative news and regulatory hurdles can have the opposite effect.

Global Cryptocurrency Trends: The global cryptocurrency market trends will inevitably influence the Pi rate in India. Factors such as Bitcoin's performance, regulatory changes in major markets, and global economic conditions will impact the overall sentiment and value of Pi Coin.

Potential Growth of Pi Coin in India

The potential growth of Pi Coin in India is promising. With increasing smartphone penetration and a growing interest in digital currencies, Pi Coin has the opportunity to gain widespread adoption. Here are some reasons why Pi Coin could see significant growth in India:

Accessibility: The ease of mining Pi Coin using a smartphone makes it accessible to a wide range of users, including those who may not have access to high-end mining equipment.

Community Engagement: The Pi Network encourages community engagement and collaboration, fostering a sense of belonging among its users. This community-driven approach can lead to increased adoption and value.

Educational Initiatives: The Pi Network team is focused on educating users about cryptocurrency and blockchain technology. By providing valuable resources and learning opportunities, they can help demystify the concept of digital currencies and attract more users in India.

Regulatory Landscape: While the regulatory environment for cryptocurrencies in India is still evolving, positive regulatory developments could boost the adoption and value of Pi Coin. Clarity on cryptocurrency regulations will provide confidence to users and investors.

See more: https://glose.com/u/PipriceinIndia

Challenges Facing Pi Coin in India

Despite its potential, Pi Coin faces several challenges in the Indian market:

Regulatory Uncertainty: The Indian government's stance on cryptocurrencies has been ambiguous, with periodic crackdowns and regulatory changes. This uncertainty can hinder the adoption and growth of Pi Coin.

Market Competition: The cryptocurrency market is highly competitive, with numerous digital currencies vying for attention. Pi Coin will need to differentiate itself and demonstrate unique value propositions to stand out.

User Awareness: While smartphone penetration is high, many users in India may still be unfamiliar with cryptocurrencies. Educating the masses and building trust will be crucial for Pi Coin's success.

Technical Challenges: As the Pi Network grows, it will need to address potential technical challenges related to scalability, security, and transaction speed. Ensuring a seamless user experience will be vital for retaining and attracting users.

Conclusion

The Pi rate in India is currently speculative, driven by community engagement and potential future growth. While Pi Coin holds promise due to its innovative approach to mining and strong community support, it also faces challenges related to regulatory uncertainty and market competition. As the Pi Network continues to develop and expand, its value in the Indian market will become clearer.

For now, users in India can participate in the Pi Network by mining Pi Coins through the mobile app, staying informed about cryptocurrency developments, and engaging with the community. The future of Pi Coin in India looks promising, but its success will depend on various factors, including regulatory clarity, technological advancements, and market sentiment.

In the ever-evolving world of cryptocurrencies, staying informed and proactive is key. Keep an eye on the Pi rate in India and the broader cryptocurrency market to make informed decisions about your digital currency investments.

[kezexofficial]

How to convert crypto to cash in India?

If you're a cryptocurrency enthusiast in India, you may be wondering how to convert your new cryptotoken into cash. Understanding the process of converting bitcoin to cash is critical, whether you wish to cash out your crypto winnings or experiment with a different investment strategy. In this post, we will look into different effective ways, popular cryptocurrency exchanges in India, and the current cryptocurrency rules in the country.

Key Takeaways:

Converting cryptocurrency into cash is an important step for Indian crypto lovers.

There are various techniques for converting your crypto token to cash.

Understanding the workings of Bitcoin exchanges is critical for effective cash-out.

Compliance with Indian cryptocurrency rules guarantees a legal and secure conversion process.

Stay up to date on the newest happenings in the cryptocurrency industry to make more educated decisions. 

Understanding Cryptocurrency Exchanges in India

Trading New Listed Tokens

One important feature of cryptocurrency exchanges in India is their ability to trade new listed tokens. These exchanges offer investors a venue to buy and sell these tokens, giving them access to the most recent investment opportunities in the cryptocurrency market.

The Role of Blockchain Technology

Blockchain technology forms the foundation of the cryptotoken ecosystem. Cryptocurrency exchanges use blockchain technology to assure transaction security, transparency, and immutability. Exchanges leverage decentralized technology to provide consumers with a secure and efficient platform for trading and holding digital assets.

Decentralized Cryptotokens

Decentralized cryptotokens, also known as decentralized finance (DeFi) tokens, have become increasingly popular in recent years. These tokens run on decentralized networks, giving users complete control and ownership over their assets without the need for intermediaries or centralized authority. Many cryptocurrency exchanges in India accept the trading of decentralized cryptotokens, allowing consumers to participate in the rapidly expanding DeFi ecosystem.

Converting Cryptotoken to Cash: Step-by-Step Guide

1. Choose a Reliable Cryptocurrency Exchange

The first step is to choose a reliable cryptocurrency exchange that allows you to convert your cryptotoken into cash. Look for exchanges that provide a consistent user experience, strong security, and dependable customer support.

2. Create an Account

Once you've decided on an exchange, you'll need to register an account. This normally entails supplying personal information, validating your identification, and creating a safe password.

3. Deposit Your Cryptotoken

After you've created your account, transfer your preferred cryptocurrency to your exchange wallet. Follow the exchange's instructions to start the deposit process. 

4. Convert Cryptotoken to a Stablecoin

The next step is to convert your cryptotoken into a stablecoin. Stablecoins are cryptocurrencies that are tied to a stable asset, such as the US dollar, and provide stability and ease of currency conversion. Select a stablecoin that is widely acknowledged and has a clear, audited reserve.

5. Sell Stablecoin for Fiat Currency

Once you've successfully converted your cryptotoken to a stablecoin, you can sell it for the specified fiat cash. Typically, this requires putting a sell order on the exchange, indicating the amount of stablecoin to be sold as well as the desired fiat currency.

6. Withdraw Funds to Your Bank Account

After the stablecoin sale is complete, you can withdraw the converted monies to your associated bank account. Follow the exchange's withdrawal instructions, including precise banking information for a smooth transfer. 

Conclusion

To summarize, learning how to convert cryptotokens to cash in India is critical for anyone wishing to enter the cryptocurrency industry. Individuals can easily convert their new cryptotokens into cash by following the step-by-step guide and making use of the features provided by cryptocurrency exchanges in India.

To maintain compliance and make educated judgments, it is critical to stay up to date on India's constantly changing cryptocurrency rules. Individuals who stay up to date on the newest developments can confidently manage the cryptocurrency market and avoid any legal traps. 

Furthermore, as the future of digital tokens develops, it is critical to discover the best cryptotokens to invest today. Individuals may maximize their investment returns and stay ahead of the crypto market by taking aspects such as prospective growth and market trends into account.

Individuals in India can efficiently convert their cryptotokens to cash and maximize the opportunities provided by the cryptocurrency ecosystem if they understand the procedure, stay up to date on legislation, and make intelligent investing decisions. 

FAQ

How do I convert my new cryptotoken to cash in India?

To convert your new cryptocurrency to cash in India, take these steps:

1. Choose a reputable cryptocurrency exchange that allows you to convert your specific cryptotoken to Indian rupees (INR).

2. Open an account on the chosen exchange and complete the verification process.

3. Transfer your cryptotoken to your exchange wallet.

4. After depositing your cryptotoken, click on the exchange's trading or selling section.

5. Choose the option to sell your cryptocurrency token for INR.

6. Enter the number of cryptotokens you want to sell and complete the transaction.

7. After the transaction is complete, the INR equivalent will be credited to your exchange account. 

8. Withdraw INR from your exchange account to your bank account.

9. Check your bank account to ensure that the funds were correctly deposited.

Which cryptocurrency exchanges in India support the trading of new listed tokens?

Several cryptocurrency exchanges in India allow the trading of newly listed tokens. These exchanges provide a secure trading environment as well as a diverse choice of cryptocurrencies, including new listings. It is recommended that you explore the various exchanges and their characteristics, such as liquidity, trading costs, and user experience, before deciding on the ideal exchange for your needs.

How is blockchain technology utilized in the cryptotoken ecosystem?

The cryptotoken ecosystem relies heavily on blockchain technology. It offers a decentralized and transparent environment for recording and validating transactions. Cryptotokens can operate without the use of intermediaries like banks or financial institutions thanks to blockchain technology. The blockchain assures transaction security and integrity while also providing increased traceability and accountability.

[p5ravin]

Despite warnings from the Reserve Bank of India (RBI) regarding the use of the Liberalized Remittance Scheme (LRS) for investing in foreign Bitcoin exchange-traded funds (ETFs), wealthy Indians are increasingly opting for such investments.

The LRS allows Indian residents to invest a certain amount of money in overseas assets each year. However, the RBI has cautioned against using the scheme for speculative investments like cryptocurrencies due to their inherent volatility and regulatory uncertainties.

Despite these warnings, wealthy Indians are turning to US-based Bitcoin ETFs as a way to gain exposure to the cryptocurrency market. Bitcoin ETFs listed on major US exchanges offer investors a convenient and regulated way to invest in Bitcoin without directly holding the cryptocurrency itself. This appeals to investors seeking exposure to Bitcoin's potential upside while mitigating some of the risks associated with direct ownership.

The growing interest in US Bitcoin ETFs among wealthy Indians highlights the increasing global demand for exposure to cryptocurrencies as an asset class. Despite regulatory challenges and concerns, cryptocurrencies continue to attract attention from investors worldwide as they seek alternative investment opportunities and hedge against inflation.

However, it's important for investors to consider the regulatory and legal implications of investing in foreign Bitcoin ETFs, especially in countries like India where the regulatory landscape for cryptocurrencies is still evolving. While US Bitcoin ETFs offer convenience and regulatory oversight, investors should be aware of the potential risks and consult with financial advisors before making investment decisions.

As the cryptocurrency market matures and regulatory frameworks evolve, the demand for Bitcoin and other digital assets is expected to continue growing globally. Wealthy Indians, like investors in other parts of the world, will likely continue exploring various avenues to gain exposure to cryptocurrencies while navigating regulatory challenges and compliance requirements.

[drewssam]

Popular Stock Trading App Robinhood Lists USDC as First Stablecoin

Robinhood, a popular stock trading app, has introduced USDC as its first stablecoin for trading, as announced on the platform's official Twitter account. This move marks Robinhood's expansion into the cryptocurrency space, with USDC being the latest addition and the first stablecoin offering.

USDC, a USD-pegged stablecoin, is fully backed by US dollars or an equivalent amount of another stable currency. This introduction comes amidst reports of Indian crypto exchange WazirX planning to delist USDC and other stablecoins, further highlighting the significance of Robinhood's decision.

While Robinhood has not disclosed its precise strategy regarding stablecoins, the cautious approach to incorporating new coins reflects awareness of cryptocurrency market volatility. Unlike USDT, which has faced controversies, USDC boasts a market cap of nearly $50 billion and a trading volume of $4.783 billion, making it a reliable choice for Robinhood's initial stablecoin listing.

The decision to launch with USDC as the first stablecoin may have been influenced by concerns surrounding Tether's controversy. Robinhood's global user base of over 22 million investors will now have access to USDC trading, providing them with a stable option amidst the volatility of the cryptocurrency market.

In addition to USDC, Robinhood has expanded its cryptocurrency offerings by adding Cardano's native coin, ADA, on September 1, and trading Shiba Inu earlier this year. These additions reflect Robinhood's commitment to providing its users with a diverse range of cryptocurrency options, catering to the growing demand for digital assets within its platform.

Overall, Robinhood's listing of USDC as its first stablecoin marks a significant milestone in its journey into the cryptocurrency space. With a focus on stability and reliability, USDC provides Robinhood users with an accessible and trusted option for engaging in cryptocurrency trading within the platform.

[capitalxtendsmartinvestment]

Top 10 Forex Brokers in India

In today’s thriving world of Trading, selecting a trustworthy broker is important. When trading forex in India, traders should make sure their broker complies with the rules established by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI), in addition to selecting a platform that offers competitive spreads and a variety of currency pairs.

We set out to investigate an online currency trading platform that has been approved by SEBI and the RBI in this blog post. Come and understand a list of carefully selected firms that will establish the benchmark for security and legitimacy in Indian Forex trading.

List of Top 10 Forex Brokers in India

The top forex trading platforms in India are listed and reviewed below, along with comprehensive details on each platform’s features and attributes.

CapitalXtend

CapitalXtend is a prominent Forex broker providing exclusive benefits that far surpass the rest. With an impressive 1:5000 leverage, traders can unleash huge possibilities. With eminent forex trading conditions with the lowest spread at 0.0 and free access to more than 300 instruments, CapitalXtend empowers investors with the needed tools for success in the volatile currency market.

OANDA

OANDA, well a reputed forex streaming platform in India, with its user-friendly interface and robust features. Having a reputation for reliability and transparency, It provides access to many currency pairs and trading instruments. Globally trusted, It is the forex traders’ top pick when it decide to navigate the forex market with confidence.

AvaTrade

AvaTrade is a leading trade forex online platform for trading which is well known for its tight spread and zero commission charges. Offering up to 30:1 AvaTrade provides powerful leverage and instant execution, offering traders convenient and flexible trading platforms. With 24/7 support by your side, you can face the markets with confidence, knowing help is always at hand.

CMC Markets

CMC Markets towers as a leader forex broker with more than 300 forex pairs, 70+ indices, 18+ cryptocurrencies, 11000+ shares & ETFs, 90+ commodities, and 40+ treasuries to its credit. Starting as low as 0.5 pips with a wide array of offerings, it calls to traders looking for varied opportunities.

Inveslo

Inveslo becomes the top choice forex broker with the high grades of benefits provided. With a generous 1:2000 leverage, traders can add possible gains. With a minimum spread of 0.01 and access to over 300 financial instruments, Inveslo provides traders with multiple choices. Additionally, their 24/7 multilingual support guarantees assistance is always on hand.

eToro

eToro a multi-asset forex trading online platform allows you to trade forex with more than 3000 financial instruments and 5000+ trading assets. Benefiting from the transparency of all the fee calculations, it is an ideal fit even for those with little experience for it comes with simple and intuitive solutions. Ease of use makes trading through this platform pleasant and it has become traders’ first choice.

IronFx

IronFX, trusted by more than 1.5 million retail clients, provides top-tier trading conditions and 24/5 multilingual support. Known for its reliability, it’s the one to turn to for trading Forex CFDs and a variety of financial instruments. The journey of the traders with IronFX is made convenient as they get a reliable partner.

Plus500

The leading forex broker Plus500 offers streamlined trading. Using an easy-to-use platform the traders have access to a huge variety of forex pairs and CFDs. Plus500 is characterized by its simplicity and reliability, attracting both novice and experienced traders looking for a straightforward approach to forex trading.

Pepperstone

Pepperstone, the leading forex brokerage firm, offers minute spreads starting from the commission of 0.01 lots on a per-lot basis, offering cheap trade solutions to traders. Known for its openness and cost-wiseness, Pepperstone facilitates trading strategy execution. Being a popular choice for traders, It is considered a perfect platform in that regard.

TD Ameritrade

TD Ameritrade, one of the biggest currency trading platforms, provides all-encompassing investment services. With a user-friendly platform, powerful research options, and access to a variety of investment products such as stocks, ETFs, options, and futures, TD Ameritrade has tailored its offerings to suit investors of all levels, giving them the ability to reach their financial goals.

Suggested read: Forex Trading for Beginners

Final Verdict

It is advisable to limit your search for the best forex broker for trading in India to those who are well-licensed and regulated. The Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) have imposed various limitations on currency trading but have not yet developed a framework for regulating or licensing forex brokers.

This is why, local traders in India frequently do business with foreign companies. To help provide a more secure and safe trading environment, we have listed the top 10 regulated forex brokers in India that accept Indian clients and are overseen by foreign financial authorities. It’s crucial to remember that not all overseas brokers are subject to the same regulations.

Originally Published on Medium

Source: https://mattwilliamscorp.medium.com/top-10-forex-brokers-in-india-2d7b47820c1f

[parker0129]

Best Alternative to Binance

✨ What Are the Best Alternatives to Binance for a Trading Website in India? 🎇 Binance has been banned in India, causing this question to gain attention. Even though there are several Indian crypto exchanges, 👑 Koinpark is the best alternative to Binance, offering users global and Indian trading options. 📍The following are just a few reasons why you should use Koinpark for buying and selling cryptocurrencies:😊

Website: https://www.koinpark.com/ 

🌐 User-friendly Interface

💼 Over 150+ cryptocurrencies listed

📚 Detailed Tutorials available

⚡ Swift deposit process

🎓 Experts to guide beginners

💰 Reasonable trading fees

🌟 24/7 Customer support

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[blockinsider]

Crypto TDS Expected to Remain at 1% in India’s 2024 Budget Despite Industry Appeals

Key Points

India’s upcoming budget is expected to continue the 1% tax-deducted-at-source (TDS) on cryptocurrency transactions.

The Bharat Web3 Association (BWA) is pushing for tax reforms and clearer regulatory guidelines for the crypto market.

India’s cryptocurrency market is likely to continue facing a controversial tax policy despite increasing Bitcoin prices and calls for reform. The Finance Minister, Nirmala Sitharaman, is anticipated to uphold the 1% TDS on crypto transactions in the forthcoming budget, to be announced on Tuesday. This policy has been a challenge for the industry since its introduction two years ago.

BWA’s Fight for Crypto Reforms

The upcoming budget is significant as Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has secured a third term through a coalition government. The necessity to satisfy alliance partners demanding over $15 billion likely surpasses the crypto industry’s requests.

The Bharat Web3 Association (BWA), the industry’s leading voice, has been critical of the 1% TDS policy. The BWA has persistently asked the government to reduce the tax to 0.01%, arguing that the current rate disadvantages India.

The association highlights that the high tax is causing capital flight, with investors moving their transactions to overseas exchanges and Decentralized Exchanges (DEXs), leading to potential revenue loss for the government.

While a reduction in TDS seems unlikely in the near future, the BWA remains hopeful for progress in other areas. The association is advocating for a tiered tax structure to replace the current flat 30% tax on crypto gains with a progressive system. They also push for allowing investors to offset losses against gains, a standard practice in other asset classes.

The absence of comprehensive crypto regulation is another issue for the industry. Senior Finance Ministry officials have hinted at upcoming legislation, but the details are not yet known. The BWA sees clear regulatory guidelines as crucial for fostering a healthy crypto ecosystem in India.

Government’s Shift Towards Crypto Regulation

A positive development is the BWA’s invitation to pre-budget consultations with the ministry, a change from previous years. However, the recent $230 million hack of WazirX, a prominent Indian crypto exchange, might have pushed crypto further down the government’s priority list.

Rajat Mittal, a Supreme Court crypto tax counsel, suggests that the government seems more focused on stringent regulation at this point. While the high TDS might be driving investors away, a rate reduction seems unlikely in the near future.

The upcoming budget announcement might not deliver the significant win the crypto industry is hoping for, but the BWA’s inclusion in pre-budget talks indicates a potential shift towards greater dialogue.

[ailtrahq]

Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere.Kraken is reportedly moving to offer securities trading in the United States and the United Kingdom to expand its reach and compete with popular apps like Robinhood, which offer both crypto and stock trading. On the other hand, Gemini is expanding its presence in India with a $24 million investment in its development center. Another challenge for crypto exchanges has been licensing and communication with regulators. Binance reopened its branch in Belgium this week after a three-month hiatus in the country due to problems with local regulators. Kraken has also expanded its European licenses, and it now provides euro-to-crypto trading services in 27 European Union member states and European Economic Area countries. As crypto regulations evolve, exchanges are adapting to incorporate the practices of a new era.This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium and an oil company in Argentina investing in crypto mining.Crypto exchange Kraken plans move into U.S. stock trading: ReportKraken reportedly plans to offer trading services for stocks and exchange-traded funds listed in the United States. The crypto exchange intends to launch its trading services in the U.S. and U.K. in 2024 through a new division called Kraken Securities. The expansion beyond cryptocurrencies would require licensing from the Financial Industry Regulatory Authority and financial regulators in the U.K., which the exchange reportedly already holds. Meanwhile, in Europe, Kraken received an Electronic Money Institution license from the Central Bank of Ireland and a virtual asset service provider (VASP) registration from the Bank of Spain. The Irish license enables Kraken to expand euro-to-crypto trading services to 27 European Union member states and European Economic Area countries. The VASP registration in Spain allows Kraken to offer exchange and wallet custodial services. Cryptocurrency exchange @krakenfx is reportedly planning to expand its services by offering users the ability to trade stocks and ETFs listed in the United States https://t.co/mX0MlXOVkL— Cointelegraph (@Cointelegraph) September 27, 2023 Gemini invests $24 million for expansion in IndiaCryptocurrency exchange Gemini is allocating 2 billion rupees ($24 million) for its expansion in India. The funds will be used to grow the exchange’s development center in Gurgaon, a major satellite city of Delhi. Since its initial launch in May, the Gemini Gurgaon Development Center has expanded to over 70 staff, with active hiring for software engineers, technical product managers, talent acquisition, finance, support and compliance. In supporting the expansion, Gemini cited the Indian government’s “robust support framework that allows startups to thrive.” The move is part of Gemini’s “big plans for international growth this year in APAC.”Crypto exchange Binance reopens exchange services in BelgiumCrypto exchange Binance has reopened registrations and access to products and services for Belgian users again — three months after Belgium’s finance regulator ordered the exchange to cease cryptocurrency-related services. “New registrations of Belgian residents are welcome on our platform once again,” Binance said, adding that various products and services will become accessible again to Belgian users who accept its new Terms of Use in the country. Binance has not disclosed what changes were made to allow it to resume services in Belgium. Elsewhere in Europe, Binance has signaled plans to delist stablecoins for the European market by June 2024 to comply with the European Union’s incoming Markets in Crypto-Assets (MiCA) legislation, which is set to come into effect around that time.Great news for our Belgian community We've now reopened registrations and access to #Binance products and services in Belgium. https://t.co/IActiqYMjm— Binance (@binance) September 25, 2023

Argentine oil company to start mining crypto with gas power leftoversTecpetrol, an oil company based in Buenos Aires, has decided to convert excessive gas into energy for cryptocurrency mining. According to local media reports, Tecpetrol plans to drill at least 35,000 barrels of oil daily at the facility, but given the absence of infrastructure to consume the gas being released in the process, the company decided to explore crypto mining. Tecpetrol hopes to start its mining activities between late October and early November. The primary goals are to reduce environmental impact by avoiding gas emissions and generating additional profits. As part of the plan, it is working with an American company with experience implementing similar strategies.

[crypto-exchange-trends]

Buy PEPE with INR with our Cryptocurrency Trading App!

Buy PEPE with INR - KoinBX

Buy PEPE with INR from a leading cryptocurrency trading app, KoinBX. The PEPE is a deflationary meme-coin created as a tribute to the “Pepe the Frog” internet meme created by Cartoonist Matt Furie and launched on the Ethereum network. Designed as a green humanlike frog, Pepe originated in Furie's comic Boy's Club released in 2005 and gained popularity in the early 2000s.

Aiming to take advantage of the fame of meme coins like Shiba Inu, Floki, and Dogecoin, Pepe strives to establish itself as a top meme-based crypto. PEPE features a tax-free regime, a redistributive system to incentivize long-term holders and a burn mechanism to sustain the Pepe scarcity within the crypto ecosystem.

From April to May 2023, the explosive rise of PEPE caused its market cap to reach $1.6 billion, minting magnates out of early holders and attracting a community of like-minded followers. Considered a “meme-coin season”, the meme coins reached spectacular pumps and astonishing dumps within hours after the launch. However, the meme-coins will reach new highs with the hope of bagholders.

The PEPE roadmap features three phases, •    Phase one includes listing on CoinMarketCap/CoinGecko, trending on Twitter, and 1000+ holders. •    Phase two includes listing on Centralized Exchanges (CEXs), Community Partnerships, and 10000+ holders. •    Phase three includes Pepe March, Pepe Academy, “Tier 1 (T1)” exchange listings termed as a “meme takeover” and 100,000+ holders.

Founders

Till now, the founders of PEPE remain anonymous, which is a common norm in the crypto world. Although the team behind the PEPE project is anonymous, they have successfully garnered attention using popular social media platforms such as Twitter to promote their meme coin and foster a community around the meme coin.

Uniqueness

The objective of the PEPE project is to honor the “Pepe the Frog” character by distinguishing it from other cryptos and meme coins and strengthening its appeal within the crypto community.

The unique aspect of Pepe is the redistribution system, as it rewards long-term Pepe stakers and provides incentives to users for holding the token for a long time. Thus, it aims to promote holder incentives and increase the probability of long-term success. This approach improves stability by rewarding users for holding the token long time rather than selling it quickly.

The distinct nature of PEPE's burning mechanism aims to maintain scarcity within the crypto market, despite its maximum supply. In conclusion, the absence of taxation distinguishes PEPE from the other cryptos in terms of its ability to reach a broader audience and expand its user base.

Security

PEPE is an ERC-20 token deployed on the Ethereum blockchain protected by the Proof-of-Stake (PoS) consensus mechanism. Decentralized validators stake 32 ETH for processing transactions and securing the network.

Tokenomics

Token Name: Pepe

Ticker Name: PEPE

Total Supply: 420,690,000,000,000

Circulating Supply: 391,790,000,000,000

Max Supply: 420,690,000,000,000

Market Cap: $597,904,225

Conclusion

"Meme coins" - a hyper-speculative, ultra-volatile, and peculiar class of crypto grab the spotlight after the latest digital token hit the market with stratospheric paybacks. The PEPE meme coin has undoubtedly managed to cause a fuss within the crypto market, acquiring a total addressable capitalization of $400 million within two weeks after the launch.

How to Buy PEPE?

Follow the below steps to buy PEPE coins,

1.    Signup with KoinBX.

2.    Fill your details to create an account.

3.    Complete your KYC verification process.

4.    Add your bank account.

5.    Deposit Fiat to your KoinBX account.

6.    Click Buy PEPE to start buying PEPE with Indian rupees (INR) & Tether (USDT).

How to Sell PEPE?

Follow the below steps to sell PEPE coins,

1.    Signup with KoinBX App.

2.    Complete your KYC verification process.

3.    Add your bank account.

4.    Select the Sell option to find a buyer for PEPE.  

Once a buyer for PEPE is found, you can start selling PEPE with Indian rupees (INR) & Tether (USDT).

How to Trade PEPE?

Buy PEPE with INR

Buy PEPE with USDT

To make your PEPE trade anywhere, anytime with the great trading experience with KoinBX Android and iOS app.

Download here >> KoinBX Android App

Download here >> KoinBX iOS App