ET 13:12

Indian Investors Shift to Strategic BTC Buying: COINDCX Reports Measured, Fundamentals-Driven Activity

Indian investors are shifting to strategic, fundamentals-driven bitcoin buying, according to CoinDCX. Activity includes regular systematic investment plans (SIPs), deliberate market orders, and limit orders in BTC, ETH, SOL, and XRP. Volumes rose from $269 million in December to $309 million in January as the price fell to $75,000 after reaching over $126,000 in October. Participation is moving away from speculative trading toward long-term diversification and wealth creation. India maintains a cautious regulatory stance, taxing crypto gains at 30% without loss set-offs and imposing a 1% transaction tax. KYC and transaction reporting rules are strengthened by FIU regulations, with the Union Budget 2026 proposing tighter disclosures to curb tax evasion in virtual digital assets.

EditorLim