innoGriti

 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,...

  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...