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Can I refer more than one person?

Yes. There is no limit to the number of people you can invite using your referral link.

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Refer & Earn

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My friend signed up using my referral link, but I can't see the referral. Why?

This can happen if the referral couldn't be successfully tracked during the installation process. Ask your friend to confirm that they: Clicked your referral link before installing the app.Installed and opened the app within 24 hours.Completed the sign-up using the same device. If all the steps were

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Refer & Earn

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How do I link my wallet and ensure secure withdrawals?

When linking an external wallet, you may be asked to provide wallet ownership details to ensure your withdrawals remain secure and compliant.Requirements may vary based on wallet type: Private/Self-custody wallets: You may need to provide proof of ownership (e.g., wallet screenshot). Third-party/hos

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Travel Rule & Compliance

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Why is video verification required for crypto transactions?

If you’re using a self-custody wallet, we may request a short video verification to confirm that the wallet belongs to you. This prevents misuse and strengthens the security of your withdrawals.

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Travel Rule & Compliance

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Can I offset losses from Spot crypto trading?

No. As per the current tax regulations, losses arising from the transfer of Virtual Digital Assets (VDAs) cannot be set off against any other income or carried forward to future financial years.

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Tax in Crypto

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Who deducts the 1% TDS?

CoinDCX deducts the applicable TDS from eligible transactions and deposits it with the Government of India on your behalf.

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Tax Deducted at Source (TDS)

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Is TDS applicable on every crypto transaction?

TDS applicability depends on the type of transaction: INR Trading Pairs, TDS is applicable on all sell orders in Spot and Insta markets. Crypto-to-Crypto (C2C) Trading Pairs, TDS is applicable on both sides of the trade because one crypto asset is being exchanged for another

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Tax Deducted at Source (TDS)

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What if the amount matches in my TDS Certificate but not on the Income Tax Portal?

If the TDS amount matches in your Trade Report and TDS Certificate but differs from what you see on the Income Tax Portal, there is generally no impact on your ability to claim the TDS. This is because the Income Tax Portal may display the cumulative TDS credited against your PAN for the financial y

Knowledge Base Article

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Tax Deducted at Source (TDS)

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Where can I view my TDS deductions?

You can view TDS deductions in your order details. On the Order Form, you can click on Info or Fee Breakdown. Review the charges applied to the transaction, including TDS (if applicable). If you'd like to view a consolidated summary of your TDS deductions, you can download the TDS Summary Report fro

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Tax Deducted at Source (TDS)

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Is TDS applicable on Crypto Deposits and Withdrawals?

No. TDS is not charged on Crypto Deposits & Crypto Withdrawals

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Tax Deducted at Source (TDS)

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Can previously deducted 20% TDS be reversed?

TDS deducted and deposited with the tax authorities cannot be reversed by CoinDCX. Users may claim eligible tax credits while filing their Income Tax Return (ITR), subject to applicable tax regulations.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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What is TDS?

Tax Deducted at Source (TDS) is a tax deducted at the source of income before the remaining amount is credited to the recipient. In crypto trading, CoinDCX deducts the applicable TDS on eligible transactions and deposits it directly with the Government of India on your behalf.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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Is TDS applicable on Futures, Options, or Global Futures?

No. TDS is currently not applicable on Futures Trading, Options Trading & Global Futures Trading. This is because these products do not involve direct ownership or transfer of crypto assets.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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Why was TDS deducted even though I incurred a loss?

TDS is deducted on eligible sell transactions and is not dependent on whether the trade resulted in a profit or loss.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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Why is TDS charged on both sides of Crypto-to-Crypto (C2C) trades?

In a Crypto-to-Crypto trade, one crypto asset is effectively being sold to acquire another crypto asset. Since a sale of crypto occurs during the transaction, TDS becomes applicable on both sides of the trade as per prevailing tax regulations.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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Is it mandatory to pay TDS?

Yes. As per the Income Tax Act, CoinDCX is required to deduct TDS on eligible transactions. The deducted amount is reflected against your PAN and can be adjusted against your tax liability or claimed as a refund while filing your Income Tax Return (ITR), subject to applicable tax rules.

Knowledge Base Article

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Tax Deducted at Source (TDS)

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How do I buy a token in CoinDCX Web3?

Follow these steps to buy a token: Log in to the CoinDCX App. Switch to Web3 Mode. Search for the token you want to buy and select it. Review the token details, including the blockchain network and contract address. Tap Buy. Select the token you want to use for payment. Enter the amount you wish to

Knowledge Base Article

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Crypto to Crypto Swap

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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-

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External Wallet Transfer

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From which exchanges can I deposit Crypto?

You can deposit supported tokens from verified and compliant exchanges.Deposits from private wallets or unverified sources are subject to Enhanced Due Diligence (EDD) and may result in delayed processing or rejection based on regulatory and compliance checks.

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Getting Started with Crypto Deposits

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Why Don’t I Have Deposit Access?

Your crypto deposit access may be restricted due to one or more of the following reasons: The account did not meet internal compliance benchmarks. Geographical restrictions based on local regulations. If your access is restricted, no action is required from your end at this time. As our systems cont

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Getting Started with Crypto Deposits

Build your crypto portfolio on CoinDCX - a safe, simple and a compliant crypto investment app.

© All rights reserved by Primestack Pte. Ltd.

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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