Help & Guides
Everything you need to know about P2P trading, taxes, and staying safe in the Indian crypto market
Frequently Asked Questions
What is P2P Trading?
P2P (Peer-to-Peer) trading allows you to buy and sell cryptocurrency directly with other users without an intermediary. This often results in better rates than traditional exchanges.
Is P2P Trading Safe in India?
Yes, P2P trading on reputable exchanges is safe. Always use escrow services provided by exchanges, verify trader ratings, and never share sensitive information outside the platform.
What is TDS on Crypto?
As per Indian tax laws, a 1% TDS (Tax Deducted at Source) is applicable on all cryptocurrency transactions above ₹50,000 per year (₹10,000 for specified persons).
How is Crypto Taxed in India?
Cryptocurrency gains are taxed at a flat 30% rate under Section 115BBH of the Income Tax Act. No deductions are allowed except the cost of acquisition.
What is Premium/Spread?
Premium is the percentage difference between the P2P rate and the official bank exchange rate. Spread is the difference between buy and sell prices on a platform.
Which Payment Methods Work Best?
UPI and IMPS are the fastest payment methods for P2P trades in India. Bank transfers (NEFT/RTGS) are also reliable but may take longer to process.