How Indians Can Buy Coins With No KYC
The post How Indians Can Buy Coins With No KYC appeared on BitcoinEthereumNews.com.
The cryptocurrency market is in a full-fledged bull run, with assets like Bitcoin, Solana, Dogecoin, and Pepe already delivering multi-fold returns since the start of the cycle. While crypto is seeing rapidly growing adoption in the US, particularly following President Donald Trump’s pro-crypto stance, Indians continue to largely sit on the sidelines and miss out on attractive gains. Crippling taxes, government hostility, and strict banking curbs continue to choke crypto participation in India. The recent WazirX hack didn’t help. Due to limited access to early-stage tokens and cumbersome KYC requirements, even those investing in crypto are missing out on the most lucrative opportunities. In this article, we explore how Indian crypto investors can tap into the global crypto movement and make the most of the ongoing bull run. We highlight the best crypto wallet and top crypto exchanges available in India, while also breaking down key aspects of the country’s crypto tax laws. Finally, we explain how Indian investors can access promising new crypto assets early, without facing KYC hurdles. Top Crypto Exchanges In India: FIU Compliant Crypto Exchange List The Financial Intelligence Unit, an oversight arm of India’s Ministry of Finance, has been tightening its grip on digital asset platforms by enforcing stricter KYC and reporting norms. Even major offshore exchanges like Binance, KuCoin and ByBit had to pay hefty fines to continue providing services in India. The FIU requires exchanges to register with it, maintain the KYC records of all users, report suspicious transactions, track money laundering risks and build anti-money laundering infrastructure. Currently, the top FIU-compliant crypto exchanges in India include Binance, Bybit, CoinDCX, Mudrex, CoinSwitch, and ZebPay. FIU-compliant exchanges tend to offer comprehensive security, transparency and legal clarity. However, it is important to note that the recently hacked WazirX was also an FIU-compliant crypto exchange. Users…
Filed under: News - @ June 16, 2025 6:28 pm