AICTA

  Three months after the 30% tax implication on the crypto gains, the government imposed an additional 1% TDS on all crypto exchanges in India, giving investors another major setback. After the imposition of a 30% tax in India on all crypto asset gains, the government also announced 1% TDS on crypto assets’ transfer in India. How has this affected the crypto market? Down the line, will it facilitate or hinder the domestic crypto exchanges and the traders dealing with crypto assets? The government believes it to be a step towards enhancing clarity in the financial field by tracing transactions and preventing tax evasion. However, some traders consider it a controversial provision that could affect how they work with their crypto assets. Continue reading to know how the TDC implications will affect the Indian crypto market. A Significant Move By The Indian Government Earlier in 2022–23, during the budget speech, the finance minister of India, Smt. Nirmala Sitharaman announced that al...

  The current crypto market decline is more of a correction phase than a downturn. So,   should you buy the dip ? A dip is a brief decline in crypto asset values, especially when a particular coin or token is anticipated to appreciate soon. A dip could be brought on by several things, such as unfavorable market circumstances, news, government intervention, or even manipulation. If you’re confused about “ should I buy the dip?”  you should know that it works best when actively trading rather than keeping a position for a longer duration. Some of the most important reasons you  should buy the dip  are that the price of crypto assets in the market is still at an all-time high. Some of the top fintech platforms support it; thus, you can gain a lot by investing in a dip. The best coin trading platforms in a dip that you MUST know! Best Crypto asset trading platforms The top  crypto asset trade platforms  are listed below: Unocoin.com Unocoin is a mobile wal...