Quido

Looking for a user-friendly crypto investing app to help you stay on top of the latest market trends? Look no further than Quido!
Our app is designed to help you easily and securely invest in cryptocurrencies with just a few taps on your mobile device. With real-time data and a range of powerful tools, you can make informed investment decisions and stay ahead of the curve.
Whether you're a seasoned investor or just starting out, Quido is the perfect tool to help you take your crypto investments to the next level.
***Quido Features***
- Crypto baskets designed by professional traders and industry experts
- TURTLE- A coin analysis framework to help you understand the feasibility and popularity of a project
- Bullish / Bearish signals for crypto coins based on current market sentiment and potential upside
- Good time to Buy / Sell signals by experts to help you maximize your returns
- Many more exciting features coming soon!
Download now and start investing today!
Is Crypto Investing Legal?
India -
In India, there are no laws that prohibit citizens from engaging in cryptocurrency investments.
Citizens have the freedom to buy, sell, and trade cryptocurrencies without restrictions.
The Indian government is actively exploring the possibility of introducing regulations for cryptocurrencies.
Discussions and proposals for a regulatory framework pertaining to cryptocurrencies have also taken place in India.
Crypto Taxation Laws
In India, cryptocurrencies, also known as Virtual Digital Assets (VDAs), are considered assets and are subject to taxation.
When individuals transact cryptocurrencies and earn income, they are taxed at a flat rate of 30%.
Additionally, a 1% Tax Deducted at Source (TDS) is applicable to all VDA transactions, regardless of profitability.
Disclaimer:
It is important to acknowledge that trading in cryptocurrency carries significant risks and can lead to capital loss.
One should only invest an amount that they can afford to lose, and it is crucial to fully comprehend the associated risks involved.