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Tax arbitrage is driving most of Indian crypto trading away from spot markets to derivatives or futures, according to crypto exchanges and industry experts.

Derivatives now dominate the market, accounting for 80 percent or more of total trading volumes on domestic exchanges.

Under the tax regime introduced in the Budget 2022, spot trading is subject to a 1 per cent tax deducted at source (TDS), tying up active traders' working capital. Crypto futures escape the levy, driving the surge in volume in this segment.

Internal data from local platforms, provided on the condition of anonymity, suggest that around 70 to 80 per cent of participants in the derivatives space are incurring losses.

This shift comes as daily transaction values on domestic exchanges are estimated to have surged to nearly $5 billion.

These losses mirror the retail-led downturns seen in the equity derivatives sector. Individual investors spearhead roughly 70 percent of all crypto futures activity, bearing the brunt of these market setbacks.
#BTC #bnb #Binace #binacesquareofficial #trand

Crypto News Today: Bitcoin Outflows, Chainlink Wallet Growth, Bitmine Acquired $49 Million Worth of ETH

While Bitcoin spot ETFs faced over $424 million in net outflows, Chainlink hit a historic active wallet milestone. Simultaneously, BitMine expanded its massive Ethereum treasury with a $49 million purchase, and Progmat successfully migrated billions in real-world assets to Avalanche.

#BTC #crypto #trading #binacesquareofficial

🔥 Trade Setup of the Day: $HYPE is Breaking Out
Stop trading sideways charts. The real money today is flowing into HYPE(Hyperliquid).
While the rest of the market is quiet, HYPE just pumped another 3% today, pushing past the $64 level and eyeing an absolute breakout. Volume is massive — over $720 Million in the last 24 hours. �
Here is exactly how I am playing this:
📊 The Setup (June 22):
▪️ Current Price: ~$64.67
▪️ Major Support: $62.00 (Bounce zone)
▪️ Resistance to Break: $72.25 (Previous ATH) �
💡 The Trade:
If price holds above $64 on the 1-hour chart, this is a clear long setup.
Target 1: $68.00
Target 2: $72.00 (New ATH test)
Stop Loss: A daily close below $61.50 invalidates the bullish structure.
The Risk/Reward on this setup is incredibly clean. If you are day-trading, this is the chart you need to be watching right now.
Are you longing this breakout or waiting for a pullback?
👇 Tap the HYPEcashtag below, check the 15-minute chart, and let me know your entry price in the comments!
$BTC $SOL
#Hyperliquid #BinanceSquare #TradeSetup #binacesquareofficial #SpaceXPremarketFalls4.6%

$BNB Bullish Holder
PALA PALA
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DOGE started as a joke…
Now it moves markets. 🚀
That’s the power of community, belief, and internet culture combined into one coin.
While others chase hype, DOGE keeps surviving every cycle — louder, stronger, and more recognized worldwide. 🌕
Sometimes the biggest opportunities are hidden behind the biggest memes.
Hold patience. Trust the momentum.
The moon isn’t a destination… it’s a mindset. ✨
#DOGE #dogecoin #crypto #binacesquareofficial #memecoin🚀🚀🚀

I'M BUYING STEP BY STEP... I KNOW OCTOBER WILL BE ITS TIME #IOTA #binacesquareofficial