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Frequently Asked Questions
Is cryptocurrency legal in India in 2026?
Cryptocurrency remains unregulated but legal to own in India. Trading is permitted through approved exchanges. However, strict tax reporting and RBI guidelines apply. Always verify current regulations before investing.
How much tax do I pay on crypto profits in India?
Crypto profits are taxed as income at your applicable slab rate. Capital gains tax applies on long-term holdings. Keep detailed transaction records. Report all earnings in ITR filing. Penalties apply for non-disclosure.
Which crypto exchanges are safe to use in India?
Use registered exchanges like WazirX, Coinbase, and Kraken with KYC verification. Avoid unregistered platforms. Enable two-factor authentication. Store assets in secure wallets. Never share private keys or seed phrases with anyone.
