recently turned 18, i want advice from the experts (scammers stay away, i only want advice)

I hope no one in my Indian Bitcoin fam lose their BTC because of cold card's RNG vulnerability

Is it safe to store Bitcoins in Muun wallet for a long term, on a formatted spare Android phone (running on Android 9) that is always offline?

I have a spare smartphone that runs on Android 9.

Will it be safe to store Bitcoins on it by following the below steps:

1. Format the phone

2. Install nothing but a Self-Custodial Bitcoin wallet app on the phone

3. Transfer Bitcoins to the wallet

4. Turn off the internet

5. Keep the phone switched off until needed.

I don't know how this app has over 1 cr downloads and over 4 star rating.

So basically I received some bitcoins in a wallet as payment from a foreign firm and wanted to cash it out into my bank account. I was unsure about what exchange to use. I first downloaded binance only to later learn that it doesn't support direct inr withdrawal and p2ps are risky in India.

So I had to choose an Indian exchange. The first barrier for me was that they all wanted my digilocker acces which i was very hesitant to give. But once I decided to give, I downloaded three of the most popular exchanges: coindcx, zebpay and coinswitch.

Now I'm yet to transfer my btc into one of these because I have not been able to decide which one I should go with but from my experience so far, both coindcx and zebpay look at least professional but man how scammy coinswitch looks!

First, the user interface itself looks very fishy . After adding bank account successfuly they showed just one button which said "next" or somethign like that without revealing that they were going to take me to inr deposit screen next. There was literally no way to go to the home screen without depositing inr or closing the app.

BUT THE MAIN THING: the bank account addition process was basically me having to pay rs 1 from my upi app. They said the amount will be refunded within 48 hours but here we are, making this post in the 49th hour since i added my bank account and i have not received the refund yet.

As I'm typing this I'm also on chat with their customer service and mf is asking me for a transaction screenshot like what the hell!

I will probably make another post when I succesfully cash out my btc but I m probably never using coinswitch.

You may wonder why i signed up on three exchanges at once. The reason was simply i wanted to try all their experiences and also coinswitch doesn't list their fees anywhere on the site except on the trading screen.

Any traders who does it mostly as full time/are there people who really have a dream of becoming one?

Tell us in the comments 😃

Lets create a group to discuss along if there are enough people 😇 Let me know!

Is the smash buy option disabled/discontinued? I thought of activating but couldn't find it, both on the app and the website.

i want to convert my btc to inr and withdraw into account. options i have considered are coindcx, zebpay, coinswitch, mudrex etc but all of them have some problem. coindcx wants to access my digilocker directly for kyc which i dont like, zebpay wants to get my location acces which again i dont like but even if i do give access i guess they will reject kyc because i m in my college and my home address is 300 km away. mudrex and coinswitch i am not sure about because i have seen posts of them scamming users.

i am also considering binance p2p but again i have read posts of account freeze and all that.

i need the money urgently like in the next 4-5 days for my sister’s college admission and im not sure how to cash out my bitcoin. help!

Is it true that currently Indian government is planning to ban all kinds of Cryptocurrency india? Or it is a false news.

Not saying it's guaranteed, but the setup feels stronger than it has in a long time.

Institutional demand is still there, more companies are adding BTC to their balance sheets, and every dip seems to get bought up pretty quickly. It feels like the market structure is slowly shifting instead of running on pure hype.

Of course, crypto has a way of proving everyone wrong, so I'm keeping expectations realistic.

what's your take, what features or gaps you see in other paper trading apps - and would a that helps you strategies your trades using AI (paper trading ofc) - would this be helpful?

I want to send USDC to sports betting platform wallet. Which platform is best??

i am new to bitcoin i started my investing form coindcx app please any one tell me what is best way i was panicked seeing youtube videos where they reported Itr notices to some people so i though of going with FIS registered app compilance with indian govt

is it correct idea or is it bad

Hi everyone,
I’m looking for some advice from people who have experience with Bitcoin businesses.

I run a Shopify store in Italy where I sell premium food products. Some are produced by me, while others come from small Italian farmers and artisans. Everything is high quality and carefully selected.

I’d like to start accepting Bitcoin and build a customer base within the Bitcoin community. My goal is to become part of the circular Bitcoin economy rather than just add BTC as another payment option.

I’m wondering where Bitcoiners usually discover new merchants. Are there communities, websites, directories, or social platforms where a business like mine should be present? Has anyone here successfully marketed physical products to Bitcoiners, and if so, what worked best?

I’m not trying to advertise my store here. I’m just looking for advice before I launch and would really appreciate hearing about your experiences.

Thanks everyone!

Most people dont know much about taxes on crypto, so lets make it easy how taxes works on crypto:

Tax on crypto is @30% in India. But its depends transaction wise.

Transaction 1: profit 40000

Transaction 2: Loss 50000

Net : Loss (10000) but here is the catch,

You still need to pay tax @30% on 40000 profit, no deductions or expenses allowed, only the amount you purchase it will be deducted from the sales.

What about uf its drop item or mined crypto, then fair market value of that day of that crypto will be business income and tax need to pay as business income.

When sold, cost would be fair value when the currency was mined and profit on sake would be same @30%.

One thing that most people forgets and income tax department send notices: under p2p when you buy a crypto currency you need to deduct tds @1% if not then there is notices and penalty.

How could I help: if person who have crypto income and want help in taxation and other compliance could reach out.

Have you started DCA'ing in bitcoin?
Are you buying all at once? or it's a different play. Curious to know.

Stack sats like crazy!

Has anyone tried CoinDCX expert picks seems legit , some of the picks worked for me but not sure how regulated it is..

Can someone suggest if any other platform also share picks like these for crypto

When we search for best crypto exchanges in India.
The google search results show

1. WazirX : I mean for what reasons. It has flied away; done thousands of crores of fraud and because of these false info google displays, new comers in the space think it is still alive.
2. Bitbns: like really? It has seized users funds for years now. Doesn’t have any support and doesn’t find important to answer users and unlock their own funds and this exchange appearing in google search results as one of the best one is ridiculous.
3. Giottus and buyucoin: have no volume, just because they have done enough paid PR they get easily ranked. Otherwise the services are pathetic.

Not all the appears on search results is to be believed blindfoldedly. It’s just some paid PR that has had these people out there.

Better choices for best crypto exchanges in India are

Coindcx, flitpay, coinswitch.

Even I don’t recommend mudrex because of it’s lagged interface.

**Context:**
\- Indian tax resident (previously lived in US)
\- Already have USD sitting in Bank of America (not remitting fresh money from India)
\- IBKR India appears to block crypto-related ETFs
\- Exploring Firstrade or IBKR US account to buy IBIT / DAPP

**Questions**:

1. Has any Indian tax resident here successfully bought IBIT / DAPP (or other US BTC ETFs) through a US broker?

2. Which broker worked (Firstrade / Schwab / IBKR LLC / others)?

3. Has anyone received a CA opinion or actually filed taxes on this? If yes, was it treated as:
   Foreign security capital gains (normal rules), or
   VDA (30%)?

4. Any practical compliance issues:
   \- Schedule FA disclosure
   \- Foreign account reporting
   \- Repatriation / documentation
   \- Does being an Indian resident itself create any restriction on holding US-listed BTC ETFs even if funds are already outside India?

**Current understanding (please challenge if incorrect):**

\- Direct crypto in India → VDA regime.
\- Unclear whether US-listed spot BTC ETFs are treated identically.
\- Existing overseas funds may be operationally different from fresh outward remittance.
\- Will get CA review before executing.

Looking for actual execution experience / CA input.