Cryptocurrencies 17,738
Market Cap $2.33T
BTC Dominance 56.64 %

Cryptocurrencies : 17,738

Total Market Cap : $2.33T

BTC Dominance : 56.64 %

LIVE
Mkt Cap $2.33T BTC Dom 56.64 % BTC BTC $65,840.00 ▼ -0.73% ETH ETH $1,935.15 ▲ +0.34% USDT USDT $0.999177 ▲ +0.00% BNB BNB $571.48 ▼ -0.81% USDC USDC $0.999844 ▲ +0.01% XRP XRP $1.14 ▼ -0.05% SOL SOL $77.62 ▼ -0.78% TRX TRX $0.329713 ▲ +0.35% FIGR_HELOC FIGR_HELOC $1.01 ▲ +0.46% HYPE HYPE $58.49 ▼ -6.05% DOGE DOGE $0.072616 ▼ -0.71% RAIN RAIN $0.014688 ▲ +3.62% USDS USDS $0.999845 ▲ +0.00% LEO LEO $9.70 ▼ -0.09% ZEC ZEC $516.25 ▼ -5.23% WBT WBT $57.43 ▼ -0.62% XMR XMR $349.27 ▲ +0.99% ADA ADA $0.173532 ▼ -1.00% LINK LINK $8.64 ▼ -0.58% XLM XLM $0.188812 ▼ -2.07% CC CC $0.123684 ▼ -2.67% DAI DAI $0.999731 ▼ -0.01% BCH BCH $220.84 ▼ -1.98% USD1 USD1 $0.99871 ▼ 0.00% GRAM GRAM $1.52 ▲ +5.25% Mkt Cap $2.33T BTC Dom 56.64 % BTC BTC $65,840.00 ▼ -0.73% ETH ETH $1,935.15 ▲ +0.34% USDT USDT $0.999177 ▲ +0.00% BNB BNB $571.48 ▼ -0.81% USDC USDC $0.999844 ▲ +0.01% XRP XRP $1.14 ▼ -0.05% SOL SOL $77.62 ▼ -0.78% TRX TRX $0.329713 ▲ +0.35% FIGR_HELOC FIGR_HELOC $1.01 ▲ +0.46% HYPE HYPE $58.49 ▼ -6.05% DOGE DOGE $0.072616 ▼ -0.71% RAIN RAIN $0.014688 ▲ +3.62% USDS USDS $0.999845 ▲ +0.00% LEO LEO $9.70 ▼ -0.09% ZEC ZEC $516.25 ▼ -5.23% WBT WBT $57.43 ▼ -0.62% XMR XMR $349.27 ▲ +0.99% ADA ADA $0.173532 ▼ -1.00% LINK LINK $8.64 ▼ -0.58% XLM XLM $0.188812 ▼ -2.07% CC CC $0.123684 ▼ -2.67% DAI DAI $0.999731 ▼ -0.01% BCH BCH $220.84 ▼ -1.98% USD1 USD1 $0.99871 ▼ 0.00% GRAM GRAM $1.52 ▲ +5.25%
CoinsCapture - Cryptocurrency Trading Prices Today, Live Chart , Market Trades & Cap

CoinSwitch Introduces Recurring Buy Plan For Crypto Assets

One of the India Crypto Exchanges announced the launch of a recurring buy plan (RBP), a systematic way to buy Crypto assets in India. This plan will allow users to buy small amounts of Crypto assets regularly.

The aim of CoinSwitch is to allow users to beat market volatility and avoid making impulsive decisions regarding Crypto buying & selling.

Currently, users now can sign up through a waitlist to get early access to explore this new feature.

The exchanges will be serving 15 million registered users, primarily retail Crypto investors.

The Founder and CEO of CoinSwitch, Ashish Singhal said, “At CoinSwitch, we want to help users across their financial journey. Crypto is an emerging but attractive asset class and has a higher degree of volatility in comparison to traditional assets. Recurring buy plan allows users experience the power of compounding by systematically buying cryptos and making regular, distributed purchases.”

He further added, “as more Indians continue to diversify their investment portfolio with Crypto, the CoinSwitch recurring buy plan will allow long-term investors to invest systematically and avoid the impulse to time the market and make emotional trading decisions. It will also empower users with a lower risk profile to explore this new asset class.”

Through the RBP feature, users could make systematic investments across more than 80 coins.

As of now, the RBP feature is available for Android users and will soon be available on iOS. Any user can deposit only Indian Rupees from their verified bank account. CoinSwitch only allows resident Indian bank accounts on the platform and conducts a name screening if any user makes a payment beyond a threshold.

At the same time, the Indian government has imposed a 30% tax (plus cess and surcharges) on income from Crypto and other virtual digital assets.Many India Crypto holders are against 30% tax. The Crypto community states that the proposed tax is very high and would stop small investors from taking benefit of the emerging crypto market.

Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice. 

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