CoinDCX.
Safety facts, TDS and tax for CoinDCX users in India.
Incidents
- Jul 2025: About $44M taken from an internal operational account; covered by the company.
- Oct 2026: About $16M lost from retired wallets; covered by the company. Details
User reports: Slow support on withdrawal issues. These are recurring community complaints, not verified facts.
Tax for CoinDCX users
- Gains from selling or swapping crypto are taxed at 30% plus 4% cess. Losses can’t be set off. Calculate your tax.
- 1% TDS on sales shows in your AIS and Form 26AS. If it’s more than your tax, claim the difference back. Estimate your refund.
- Report every sale in Schedule VDA of ITR-2 or ITR-3. Step-by-step guide.
Frequently asked questions
Is CoinDCX registered in India?
CoinDCX is listed as registered with FIU-IND, India’s anti-money-laundering regulator. Registration is not a safety guarantee or a licence.
Does CoinDCX deduct 1% TDS?
Indian exchanges deduct 1% TDS on the sale value when you sell or swap crypto, above the threshold. It shows in your AIS and Form 26AS and can be claimed in your ITR.
Does CoinDCX report to the Income Tax Department?
Platforms serving Indians report crypto transactions and TDS, which appear in your AIS. From 2026, platforms face penalties for failing to report. Assume your trades are visible to the tax department.
How do I get my CoinDCX tax report?
Most exchanges offer a trade history or tax statement download in the app or website. Use it with our free CSV tax report tool to prepare Schedule VDA.