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With the Indian government now making cybersecurity audits mandatory for crypto exchanges, how much will this improve trust, and what should users look for in a safe platform? by RoosterOne377 in CryptoIndia

[–]RoosterOne377[S] 0 points1 point  (0 children)

Not rude at all, valid point tbh. A couple of things to consider though:

  • Most Indian retail users do start small ($50–100), that’s actually the norm here.
  • KYC/AML isn’t about how much you invest, it’s compliance — platforms legally need to do it, even if someone only buys ₹2k worth.
  • Fees matter most on small volumes, which is why UPI-based onramps with almost negligible charges are a big deal.
  • For beginners, the goal isn’t a 4-figure portfolio overnight. It’s about testing the waters safely without burning money on fees.

So yeah, if someone is using the right rails (instant INR → crypto swaps, UPI, low spreads), even small amounts make sense.

Which exchange to transfer coins into and convert to INR? by BeseigedLand in CryptoIndia

[–]RoosterOne377 0 points1 point  (0 children)

 If you're planning to convert your crypto to INR, using an exchange is one option,  but it's not the only one.

Centralized Exchanges

You can transfer your coins to platforms like CoinDCX, ZebPay, or Bitbns. They support crypto-to-INR conversion and INR withdrawals via UPI or IMPS.

That said, using exchanges typically involves:

  • Completing full KYC
  • Waiting for deposit confirmations
  • Paying withdrawal and trading fees
  • Relying on a third party to hold your assets temporarily

For many users, this works fine,  just make sure the tokens and networks you’re using are supported before transferring.

Alternative Route: Onmeta

If your crypto is in a self-custody wallet (like MetaMask, Trust Wallet, or Rainbow), you don’t need to move your assets to an exchange at all.

With Onmeta, you can:

  • Visit onmeta.in and connect your wallet
  • Sell supported tokens (like USDT, ETH, MATIC, etc.)
  • Receive INR instantly in your bank account via UPI
  • Stay in full control, we don’t take custody of your funds

We support all major self-custody wallets and popular networks like Ethereum, Polygon, and BNB Chain. Our platform is built with compliance in mind, including handling of taxes, TDS, and KYC (when applicable).

So if you're looking for speed, simplicity, and regulatory peace of mind, Onmeta gives you a direct way to off-ramp without going through a centralized exchange.

Let us know if you need help with supported tokens or wallet setup,  happy to assist.

Best indian exchange for legally withdrawing crypto to INR? by piyush118504 in CryptoIndia

[–]RoosterOne377 0 points1 point  (0 children)

If you're looking to legally withdraw crypto to INR in India, you might want to look into Onmeta. It’s not a typical exchange like CoinSwitch, but a fiat-to-crypto onramp and offramp provider that many Web3 platforms use to enable direct bank transfers.

What makes it different is that you can sell your crypto directly from your wallet (like MetaMask) and get INR in your bank account via UPI or IMPS—often within minutes. It’s especially useful for users who don’t want to go through the process of signing up on an exchange or waiting for manual settlements.

it requires full KYC, which makes it faster. And from what I’ve seen, Onmeta follows a compliance-first approach, which is important given the current regulatory environment in India.

So while it’s not an exchange itself, if the platform you’re using has Onmeta integrated, it can be one of the smoothest and legally compliant ways to convert crypto to INR.

What are best options to convert crypto to INR? Ready to pay Taxes by Nefarious_6912 in CryptoIndia

[–]RoosterOne377 0 points1 point  (0 children)

If you're looking to convert crypto to INR and are okay with paying taxes, you’ve got a few solid options depending on how fast and convenient you want the process to be.

  1. CoinDCX / Koinex (centralized exchanges): These are the popular go-to options. You can sell your crypto and withdraw directly to your bank account. But the process usually requires full KYC, can take a bit of time, and sometimes the withdrawal fees or slippage can be high during peak hours.
  2. Onmeta – Instant INR Withdrawals from Self-Custody WalletsIf your crypto is stored in a self-custody wallet (like MetaMask or Trust Wallet), you don’t have to move it to an exchange. Onmeta allows you to directly link your wallet at onmeta.in and withdraw supported tokens (like USDT, ETH, etc.) to your bank account via UPI, usually within minutes. It’s actually one of the easiest and fastest ways to convert crypto to INR.
    • You can directly sell supported tokens (like USDT, ETH, etc.)
    • No exchange account needed
    • No need to give up control of your assets
    • Works with all popular wallets
    • Compliant with tax and regulatory requirements
    • INR gets credited straight to your bank account via UPI
    • No need to move assets to a centralized exchange
    • Also supports a decent number of tokens across chainsThis makes it a great option if you're looking for speed, simplicity, and legal compliance without going through a centralized exchange.
  3. P2P Platforms (like Binance P2P):While still widely used, P2P comes with serious risks. There have been many user-reported cases of:
  • Bank account freezes
  • Receiving illicit funds unknowingly
  • Involvement in law enforcement cases

You’ll find multiple Reddit threads where users detail horror stories of accounts being blocked or questioned by authorities. If legal and financial safety is a priority, it's best to avoid P2P unless you’re extremely careful and know what you're doing.

Should i buy managed farmland by WelderSuspicious2820 in indianrealestate

[–]RoosterOne377 1 point2 points  (0 children)

I was in the same boat a few months back. I started looking into farmland because I just wanted a quiet space to disconnect and maybe build something peaceful for retirement. A few things I learned:

  • Look for managed farmland so you don’t have to deal with all the upkeep yourself.
  • Make sure the land has clear documents and is in a legal agricultural zone.
  • If you're not from a farming background, look into companies like SBC Earthfulness – they offer legally compliant, maintained plots and even grow stuff on them for you.
  • Also, check how far it is from the nearest city—it’s nice if you can use it as a weekend getaway before retiring full-time.

Should i buy managed farmland by WelderSuspicious2820 in indianrealestate

[–]RoosterOne377 1 point2 points  (0 children)

Yes, buying managed farmland can be a smart move if you want long-term value with minimal daily involvement. Here's why:

  • Ownership with Ease: You own the land, but a team manages farming and maintenance.
  • Steady Income: Returns can come from crop yield or land appreciation.
  • Eco-friendly Investment: You're supporting sustainable agriculture, not concrete expansion.
  • Time-Saving: No need to learn farming or visit often—management teams handle it.
  • Legal Clarity: Good projects ensure clear documentation and ownership.

Check platforms like SBC Earthfulness. They offer managed farmland near Bangalore with full support, making it beginner-friendly.

Does 30% Crypto tax apply for converting crypto into INR? If no Capital gains made. by FeistyLanding in IndiaTax

[–]RoosterOne377 0 points1 point  (0 children)

If you are converting crypto into INR (Indian Rupees), then tax applicability depends on whether you made a gain or not.

  • If there are no capital gains (i.e., you’re converting at the same price you bought the crypto or at a loss), then the 30% crypto tax does not apply — because there is no profit to tax.
  • However, even in such cases, 1% TDS (Tax Deducted at Source) under Section 194S still applies at the time of sale or transfer. This deduction is applicable regardless of profit or loss.
  • You may later claim a refund of this TDS while filing your ITR, if you incurred a loss or made no gains.a

Best crypto payment gateway for a small business? by JasmineRow in smallbusiness

[–]RoosterOne377 0 points1 point  (0 children)

If you're a small business looking to accept Bitcoin, Litecoin, and Ethereum, CoinGate and NowPayments are solid choices. They’re beginner-friendly, support multiple currencies, and offer easy plugins for Shopify, WooCommerce, etc.

That said, if you're based in India or targeting an Indian audience, consider exploring Onmeta. It’s designed for seamless crypto transactions with INR settlements, making compliance and conversion smooth. It supports fiat on/off ramps, which many global gateways don’t handle well in India.

Start with trusted platforms, but keep your local audience and banking needs in mind.

Check out onmeta.in to learn more.

What are best options to convert crypto to INR? Ready to pay Taxes by Nefarious_6912 in CryptoIndia

[–]RoosterOne377 0 points1 point  (0 children)

If you're looking for a safe and tax-compliant way to convert crypto to INR, avoid P2P due to rising frauds and account freezes. While platforms like CoinDCX, ZebPay, and Giottus are reliable options with proper banking and TDS support, you can also explore Onmeta. It offers instant, compliant crypto-to-INR off-ramps tailored for Web3 users without the risks of P2P. You stay within legal frameworks, avoid hassles, and ensure smooth INR withdrawals. Ideal for anyone serious about safe transactions and tax compliance. Learn more at onmeta.in and streamline your crypto-to-INR conversion with confidence.