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Will I get the Crypto Withdrawal (CW) Opt-In process if I have the option to transfer a delisted token?

No, not necessarily. External Wallet Transfer and the Crypto Withdrawal (CW) Opt-In process are two separate features. Having access to External Wallet Transfer for an eligible delisted token does not mean you will receive or become eligible for the Crypto Withdrawal (CW) Opt-In process. The CW Opt-

Knowledge Base Article

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External Wallet Transfer

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What is the Travel Rule and why is it required for crypto transactions?

The Travel Rule is a global guideline issued by the Financial Action Task Force (FATF). It requires crypto platforms to share and validate sender and receiver details for transfers. This helps prevent: Fraud Money laundering Terrorist financing Other illicit activities It ensures a safer and more tr

Knowledge Base Article

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Travel Rule & Compliance

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What type of user activity is considered unauthorized?

Activities that violate regulations or platform policies include: Submitting false or misleading Travel Rule details Using unverified or third-party wallets without proof of ownership Transacting with sanctioned individuals, countries, or platforms Depositing or withdrawing crypto linked to illegal

Knowledge Base Article

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Travel Rule & Compliance

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What happens if the details I submit for Travel Rule checks are incorrect or conflicting?

If the information you provide does not match: Your transaction may be delayed or rejected. Your Crypto Deposit & Withdrawal (CDW) access may be temporarily restricted until accurate details are submitted. Repeated incorrect submissions may lead to permanent restrictions for security and compliance

Knowledge Base Article

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Travel Rule & Compliance

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Why am I being asked to confirm remitter or beneficiary details?

These details help verify that both the sender and receiver involved in a crypto transfer are legitimate and compliant. This protects your funds, reduces fraud risk, and ensures the platform remains secure.

Knowledge Base Article

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Travel Rule & Compliance

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What is the TDS rate applicable to crypto trading?

A TDS of 1% is applicable on eligible crypto transactions from 1st July 2022 onwards, as per government regulations.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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Do I need to provide Travel Rule details for every transaction?

Yes. You must provide Travel Rule details for every crypto deposit or withdrawal, as required under applicable regulatory guidelines.

Knowledge Base Article

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Crypto Access & Eligibility

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Is TDS applicable on SIP purchases?

No. TDS is not applicable when purchasing crypto through SIP installments. However, when you later sell the crypto purchased through SIP, applicable TDS will be deducted on the sale transaction.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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Which products are covered in the Trade Report?

The Trade Report includes transactions from Spot Trading, Insta, Futures, Options, Global Futures & Web3 Transactions

Knowledge Base Article

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Reports

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My token was delisted and converted to USDT. Will TDS be deducted?

If a delisted token is converted to USDT as part of the delisting process, applicable TDS may be deducted as per prevailing tax regulations before the proceeds are credited to your account.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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Since when has TDS been applicable to crypto trading?

TDS has been applicable to eligible crypto transactions from 1st July 2022.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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Is TDS applicable on Earn products?

No. TDS is not applicable on Earn subscriptions or redemptions. TDS is only applicable on eligible Spot and Insta trading transactions.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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How can I avoid scam tokens?

To help protect yourself from scam tokens, always Do Your Own Research (DYOR) before buying or interacting with any token on Web3. Before making an investment, consider verifying: The token's official contract address. The project's official website and social media channels. The token's liquidity a

Knowledge Base Article

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Web3 Safety & Security

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What happens if my Crypto Withdrawal access request is rejected?

Your request may be rejected if it does not meet the current eligibility criteria defined by our Crypto Withdrawal Risk Underwriting model. These checks are designed to safeguard user funds and maintain a secure platform. We understand this can be disappointing. While we cannot confirm when you may

Knowledge Base Article

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Crypto Access & Eligibility

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What are the common types of scams in Web3?

While Web3 offers greater freedom and innovation, it also comes with certain risks. Below are some of the most common types of scams you may encounter; however, this is not an exhaustive list, and new scam techniques may emerge over time. Honeypot Token: A token that allows you to buy but prevents y

Knowledge Base Article

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Web3 Safety & Security

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What are the Scam Tokens?

Scam tokens are fraudulent or malicious cryptocurrencies created to deceive users or exploit vulnerabilities in the Web3 ecosystem. One of the key advantages of Web3 is that anyone can create and launch a token without approval from a centralized authority. While this promotes innovation, it also al

Knowledge Base Article

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Web3 Safety & Security

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Can I change my linked wallets?

Yes, you can update or add linked wallets through the Wallet Settings section in the app. Please note that any changes may require re-verification to ensure security and compliance.

Knowledge Base Article

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Crypto Access & Eligibility

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Can I still trade or use INR deposits and withdrawals?

Yes. Even if your CDW access is restricted, you can still Deposit & Withdraw INR & Continue trading on the platform. Your trading and INR transactions remain fully functional.

Knowledge Base Article

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Crypto Access & Eligibility

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How can I track the status of my CW access application?

You can monitor the progress of your application directly in the Crypto Withdrawal section of your account. You will also receive notifications whenever there is an update on your application status.

Knowledge Base Article

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Crypto Access & Eligibility

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Why is my P&L showing as blank?

Your token's Profit & Loss (P&L) may appear blank if the token has insufficient liquidity or if it is no longer published or supported on CoinDCX Web3. In such cases, the platform may be unable to determine a reliable market price to calculate and display your P&L.

Knowledge Base Article

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Web3 Safety & Security

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DISCLAIMER

The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations. Note Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

*Data sourced from Looker app as on 01st May,2023
*Data as on 01st May,2023
*Quarterly trading volume for Q4 FY'22. Currency conversion rate applied as in data capturing period
*FIU Registered entity, NEBLIO TECHNOLOGIES PVT LTD
*Certified in India for May 2023-24