Cryptocurrency Q&A
Can I buy crypto in India and sell in USA?
Can I buy crypto in India and sell in USA?
DigitalDynastyGuard
Wed Jul 31 2024
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7 answers
JejuSunshineSoul
Fri Aug 02 2024
Indian investors have recently gained access to purchasing cryptocurrency Exchange Traded Funds (ETFs) through various avenues. This development has opened up new investment opportunities for those interested in the digital asset market.
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TaekwondoPower
Thu Aug 01 2024
Additionally, crypto ETFs allow investors to gain exposure to the entire cryptocurrency market or specific segments, such as Bitcoin or Ethereum, without having to own individual digital assets.
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JejuJoyful
Thu Aug 01 2024
One method for Indian investors to acquire crypto ETFs is by depositing Indian Rupees (INR) directly into Indian exchanges that offer such products. This route simplifies the process for domestic investors, as they can use their local currency to invest in global markets.
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SejongWisdomKeeperEliteMind
Thu Aug 01 2024
Another option for Indian investors is to utilize the Liberalised Remittance Scheme (LRS). This scheme allows individuals to send up to USD 250,000 annually to overseas accounts, including brokerage accounts in the United States.
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Nicola
Thu Aug 01 2024
Among the various cryptocurrency exchanges available to Indian investors, BTCC stands out as a reputable and reliable platform. Based in the United Kingdom, BTCC offers a comprehensive range of services, including spot trading, futures trading, and cryptocurrency wallets.
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