BTC
Bitcoin price in INR.
₹71,06,781 down 0.57%
What is Bitcoin?
The first cryptocurrency, launched in 2009. Its supply is capped at 21 million coins and new coins are issued on a fixed schedule that halves roughly every four years.
What it’s used for
- Long-term store of value for some holders
- Sending value across borders without a bank
Key risks
- Large price swings, including falls of 70% or more in the past
- Lost keys or scams mean permanent loss
How Indians usually buy Bitcoin
- Pick an exchange registered with FIU-IND. Compare exchanges.
- Complete KYC with your PAN and Aadhaar.
- Add rupees by bank transfer or UPI, where the exchange supports it.
- Buy BTC, then decide whether to keep it on the exchange or move it to a wallet you control.
Indefi doesn’t recommend buying any coin. Only invest what you can afford to lose.
BTC and Indian tax
Sold on Indian exchanges in INR. Gains are taxed at 30% plus cess and 1% TDS applies on sales. Calculate your tax.