Buy 1inch Network
in India

Trusted by 1inch Network buyers, you can buy and trade 1inch Network in India and 100+ countries on Blocktrade without any fees easily. 

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WHY BLOCKTRADE

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Buy 1inch Network with Zero Fees

Buy and trade
1inch Network in India
with Blocktrade without
any trading fees

Wide range of cryptocurrencies

We offer a wide range
of cryptocurrencies
to buy in India. Number increasing as we’re adding new coins and tokens regularly.

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in the EU

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with the Estonian Financial
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compliant with AML 5..

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How to buy 1inch Network in India

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Payment methods to buy 1inch Network in India

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Bank Transfer

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Just 3 easy steps to your first investment in 1inch Network

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deposit

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FAQ

Frequently asked questions

Does 1INCH has a future?

The future of a cryptocurrency is not predictable. However, cryptocurrency experts and analysts believe that 1inch would be a good investment if you want to keep it for the long-term. The price of this token has been predicted to rise to $7.76 by 2040.

How to report cryptocurrency tax in India?

In India, cryptocurrency is subject to taxes, and it's important to report it correctly to avoid
penalties and fines. You are advised to keep detailed records of all your cryptocurrency
transactions, including the date of the transaction, the type of cryptocurrency, the amount, and
the value in INR at the time of the transaction. Also, keep proof of payment of taxes, such as the
receipt of tax payment, as you may need to provide it as evidence in case of an audit. It's
important to consult a tax expert or a financial advisor if you're unsure about how to report
cryptocurrency taxes in India, as the rules and regulations can be complex. Filing taxes correctly
can help you avoid penalties, fines, and legal issues in the future.

Is there a cryptocurrency tax free situation in India?

In India, according to the Income Tax Act, there are some situations where you will not have to
pay taxes on your cryptocurrency. These include:
● Transferring crypto between your own wallets: When you transfer crypto from one of
your wallets to another, you won't have to pay taxes on it.
● Receiving gifts of crypto: If you receive a gift of cryptocurrency worth up to RS 50,000 or
more from close family members, you won't have to pay taxes on it.
It's important to note that these exemptions are subject to change and it's always best to consult
a tax expert to determine your specific tax liabilities.

Who created 1INCH crypto?

Sergej Kunz and Anton Bukov are the founders of the 1inch network. They were both crypto lovers before creating 1inch. Sergej was a famous YouTuber that worked on creating videos about analyzing the future of cryptocurrencies. Therefore, he was very familiar with this world.

How many people own crypto assets in India?

The adoption of cryptocurrency in India is growing, but the exact number of individuals owning
crypto assets is not publicly available. Moreover, it is challenging to determine the exact number
of crypto owners as many people hold crypto assets anonymously. However, according to triple
A data in 2022 collected by crypto professionals, it's estimated that about 11.5% of the Indian
population, which would be around 157 million people, may hold some sort of crypto assets.

Is 1INCH safe?

Since the 1inch platform operates as a decentralized exchange, it is considered safe because on this type of network the user’s funds are not held directly on the platform, and they don’t require a third party to connect traders.

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