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What is WazirX P2P and How to do P2P on WazirX

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 What is WazirX P2P and How to do P2P on WazirX - With the emergence of crypto exchanges in India, RBI decides to stay aloof from the boom in the country. It enforced a ban on banks, barring everyone from trading in cryptocurrencies with INR. The only available option, called WazirX P2P, allows you to buy and sell USDT directly with other buyers and sellers. Now How does the P2P on WazirX work? is it Complex? Let's Find out! What is WazirX P2P? WazirX P2P, allows you to buy and sell USDT directly with other buyers and sellers, with the WazirX platform just as a medium to match you with the right buyer or seller at the time. That’s what the P2P bit means—people to people. Advantages of Using P2P via WazirX There are many advantages of using P2P over using standard methods of deposits, Let's see some key benefits. Different Payment Methods are available for you. Zero trading fees: Wazirx is the only exchange that takes 0 fees in P2P . Auto order matching with the open order book,...
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Risky Mutual Funds You should Avoid in 2022

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Mutual Funds are considered to be one of the best investments still there are some risky mutual funds that an investor can avoid. Know more about such funds here. The world of investing is all about taking risks. It totally depends upon the investor, and how he/she approaches the risk. By avoiding the bad funds, your returns will automatically be admirable. Therefore, in this blog, we'll concentrate on a few mutual fund types that you should steer clear of. Most Risky Mutual Funds You Should Avoid Balanced Hybrid Mutual Funds Hybrid Funds are a combination of equity and debt investments that are designed to meet the investment objective of the scheme. Each Hybrid Fund has a different combination of equity and debt targeted at different types of investors. Hybrid Funds carry an investment risk proportionate to the allocation of assets in their portfolio. Hence, it is important to analyze the portfolio of the scheme carefully to get a good understanding of the risks involved. For ex...
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India's Most Controversial Crypto Tax Is Here

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  The country's 1% TDS has created negative market sentiment and added to the woes of the crypto community. India's crypto community has been lately concerned with the provision of India's next controversial crypto tax regime – the 1% tax deducted at source (TDS) – to take effect for over three months. The crypto tax starts to be levied today anytime an Indian buys or sells crypto. The tax has become effective Friday, July 1, setting the stage for a test – a predicted negative impact on crypto adoption and the market. Calculating the impact of the tax will be a wait-and-watch game at a time when the global investment community is facing a slowdown. What's the tax? The 1% TDS liability is the second major provision of India’s recently introduced crypto tax law. Another provision, which enforces a 30% capital gains tax on all transactions, took effect on April 1. TDS is a liability imposed on the exchanges that deposit taxes on behalf of sellers on their platform. It will...
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