DOGE
Dogecoin price in INR.
₹6.86 up 1.20%
What is Dogecoin?
A cryptocurrency that started as a joke in 2013 and grew through its online community. It has no supply cap.
What it’s used for
- Tipping and small payments
- Speculation
Key risks
- Price is heavily driven by social media and sentiment
- Unlimited supply
How Indians usually buy Dogecoin
- 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 DOGE, 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.
DOGE and Indian tax
Taxed like any other VDA. Losses on meme coins cannot be set off against gains. Calculate your tax.