indeed, I think the big reason is there is a 30% tax on crypto earnings (withdrawal) and 1 % TDS in every trade. This is not good at all. I hope the government will reconsider the reduce the tax in the upcoming budget. I will try to come up with something new thanks, we need more attention.
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that is applicable on trading crypto.
But about exchanging cryoto for card and coupons that you can use online or at locat store.