Perpetual contracts on major crypto names, settled in USDC.
Perp exposure to the price of names like NVIDIA or SpaceX.
Gold, silver and oil exposure through crypto-settled perpetuals.
Index exposure in a single contract, long or short.
Every card opens the market hub — price, chart, funding and contract specs.
Canborsa
ApeX
Aster
Avantis
Bluefin
Derive
dYdX
Ethereal
gTrade
Helix
Hibachi
Hyperliquid
KiloEx
Lighter
Ondo
Ostium
Pacifica
Paradex
QFEX
Reya
SparkDEX
Synthetix
Vest
India's dominant retail rail, but crypto support is each bank's own call and has been withdrawn without notice since 2022.
Standard fallback when UPI is unavailable; banks aren't barred from crypto but may still query or decline transfers.
Widely used for offshore venues that can't take INR directly, settled via UPI or bank transfer, with counterparty and freeze risk.
Issuer-dependent; many Indian card issuers decline crypto merchant codes, making this an unreliable primary rail.
FIU-registered exchanges hold INR balances and pay out only to a bank account in the user's own name.
30% on income from the transfer of a virtual digital asset, with no deduction other than cost of acquisition and no set-off or carry-forward of losses, plus 1% TDS under section 194S on payment for a transfer to a resident.
Crypto trading in India is regulated.
31 exchanges serve India, among them Aevo, ApeX and Aster.
India traders can fund accounts using UPI, IMPS/NEFT/RTGS bank transfer and USDT P2P.
No Indian regulator authorises crypto derivatives.
Regulator for crypto trading in India: Financial Intelligence Unit – India (FIU-IND) administers AML registration; the Reserve Bank of India (RBI) governs payments and foreign exchange; the Securities and Exchange Board of India (SEBI) governs securities and derivatives.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
