Crypto India: 80% of Crypto Trading in India Is Now Futures. Is the 1% TDS to Blame?

The post Crypto India: 80% of Crypto Trading in India Is Now Futures. Is the 1% TDS to Blame? appeared first on Coinpedia Fintech News

More than 80% of crypto trading on Indian exchanges now happens in futures and derivatives instead of spot markets. While many traders have shifted to avoid the 1% Tax Deducted at Source (TDS) on spot trades, the move comes with higher risks. Industry estimates suggest that 70% to 80% of retail crypto futures traders are …