The rise of Crypto Futures in India: Leverage, tax efficiency and market maturity, Avinash Shekhar of Pi42 explains
https://economictimes.indiatimes.com/markets/cryptocurrency/the-rise-of-crypto-futures-in-india-leverage-tax-efficiency-and-market-maturity-avinash-shekhar-of-pi42-explains/articleshow/119415904.cms?from=mdr
Posted by Savi321
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tldr; India’s crypto market is shifting towards futures trading due to advantages like leverage, lower capital requirements, and tax efficiency compared to spot trading, which faces high taxation and liquidity issues. Avinash Shekhar, CEO of Pi42, highlights the growing popularity of perpetual futures, which have no expiry, and the role of market maturity in driving this trend. Regulatory challenges, including high taxes on spot trading, have further boosted futures adoption. Pi42 has introduced INR-denominated crypto futures to address these issues and plans to launch options trading soon.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.