Before you buy crypto from India, check three things: what the local rules allow, which exchanges accept residents, and what the full cost will be once spreads, deposit, conversion and withdrawal fees are added. This guide covers all three.
Crypto rules in India
Partly regulated
Buying and holding crypto is legal.
Crypto is not legal tender.
Exchanges must register with India's Financial Intelligence Unit (FIU-IND); unregistered platforms have been blocked.
Gains are taxed at a flat 30% with no offsetting of losses, and 1% tax is deducted at source on most transfers.
Fees come from the exchanges' public APIs and official fee pages, each with its source and check date. A fee we could not verify is shown as unknown, never as zero.
Reference price: 1 BTC = ₹8,695,652.17. Withdrawal fee includes the network fee. Conversion applies when the exchange does not support INR. Your own bank's charges and taxes are not included.
How to buy crypto, step by step
Check that the exchange is licensed or registered to serve residents of your country, using the regulator's public register when one exists.
Create an account and complete identity verification. Regulated exchanges are required to verify who you are.
Deposit money. A bank transfer in your own currency is usually cheapest; cards are fast but often cost 2% to 4%.
Buy with a limit order where possible. A market order or an instant 'buy' button can include a wide spread.
Decide where to keep your crypto. If you withdraw to your own wallet, pick a low-cost network your wallet supports and send a small test first.
Ways to cut the cost
Compare the total cost, not the advertised trading fee. Spread and deposit fees often cost more.
Fund your account in a currency the exchange accepts, so you avoid a conversion.
Use a cheaper withdrawal network when your wallet supports it, such as Lightning for bitcoin or a layer 2 for ether.
Buy less often in larger amounts if the exchange charges fixed fees per purchase or withdrawal.
India: how to buy crypto and what it really costs