Binocs is here to simplify your Crypto Taxation and Portfolio Tracking.

✨Track all your Crypto investments from one place

✨Integrate NFTs, Defi Protocols and Smart Contracts

✨Get support for 300+ exchanges and 50+ wallets

Launching our Website soon! Stay tuned to know more

Centralized financial systems have been around for centuries but they come with their fair share of drawbacks.

The invention of a decentralized financial system is a novel financial system built on the foundational open-source networks offering many improvements to the centralized financial systems found across the globe!

When you place a buy order in exchange for INR on an Indian crypto exchange, you will not be required to pay TDS.

Sellers are required to pay TDS.

Pro Tip: Most exchanges have automated TDS calculations at the time of placing your orders. No manual intervention is necessary!

What will be taxed, how will it be taxed, and everything else you need to keep in mind about #cryptotaxes in India is covered in this article - https://lnkd.in/gTTy2bte

Understanding #TDS implications for your #crypto transactions can be tiresome.
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We've simplified everything you need to know in our TDS Guide! We've broken down the concepts of #TDS so you can maximise your crypto trades efficiently
Check it out now 📚🤓
https://binocs.co/resources/wp-content/uploads/2022/08/Everything-you-need-to-know-about-Tax-Deduction-at-Source-TDS.pdf

When #Bitcoin was invented the idea was to use the tech for decentralized payments & to remain anonymous. Over time, scalability reduced & transactions became slow. To combat this a second #blockchain layer was added to enable faster transactions & added functionality!

🔑If you haven’t heard of individuals losing their crypto portfolio because of wallet frauds and hacking password keys, you’re lucky. Truly.

🏦 Protecting your crypto wallet is so imperative but the measures for it are often overlooked.

5️⃣Here are our top 5 ways to protect your crypto wallet.

We're super excited to host a webinar on all things #cryptotax with bitbns😎

In conversation with Mohnish Wadhwa, Tax Expert from Bitbns and an esteemed panel of Tonmoy Shingal, George Gonsalvez and Rushina Thacker, tune in on Wed 6:30 pm IST on twitter spaces to get in on the action 🕐🎉
#cryptotax #cryptotaxindia https://t.co/p4HcJQfGPC

Currently, #Ethereum can execute and support around 30 transactions per second. #Ethereum2.0 is a reboot from the current network with some extensive upgrades and efficiency 🚀

Since all #ETH holders will be migrated to #ETH2.0, the transaction will be a swap transaction and users are concerned about their #tax liability in such a scenario💲

Read our explainer on #ETH2.0 and what are the #tax implications of such an event in India

https://binocs.co/resources/blog/ethereum-2-0-what-is-it-and-how-will-it-be-taxed-in-the-indian-ecosystem/