How to Start Cryptocurrency business in India -General overview 2025

Introduction:

In today’s era, cryptocurrency Business has changed the world as people think about money and finance. If we talk about 2009, then that time it was garbage. But today, it has become the king of the world, where lakhs of cryptocurrency are available, such as USD, BTC, and Dogecoin. Cryptocurrency is decentralized, which makes blockchain a true way to provide security and accessibility easier than traditional banking systems, which we lack. Due to this, crypto became a famous method of digital economy.

There is a huge risk in this market or there is a huge profit. Due to the nature of volatility prices may rise or fall overnight.

Yes, this blog post is for those people who are just starting a cryptocurrency business. Yes, it is important, I will tell you step by step. If you are going to invest for long-term or short-term

At the end of this guide, a spirit will arise through whom you can earn money.

Understand Cryptocurrency Business Basics

Explanation: Cryptocurrency is digital money, which uses cryptography, to provide security. Cryptocurrency works on blockchain where we can send or receive money but keep in mind cryptocurrency is different than traditional money this does not have any bank role.

Decentralized Nature: One of the main drawbacks of cryptocurrency is that this is not under the control of anyone such as a person bank government authority in which transactions are verified by computer nodes across the world.

 

 

 

1. How Does It Work?

Blockchain Network: All the crypto uses the cryptocurrency blockchain network where all the transactions are recorded on the network.

Every block contains a list of transactions, which is linked together and maintains transparency or record.

Key Terms to Know:

• Bitcoin (BTC): called as “digital gold.”
• Ethereum (ETH
• Tokens: it is assets(Digitally)  built on existing blockchains (e.g., ERC-20 tokens on Ethereum).

2. Risks of Cryptocurrency Business

• Volatility(Changes): prices can arise in a short period.
• Government role: the government has the right to reserve to impose the ban.
• Hackers: hack the system or fraud scammers are common.
   Tip: You can invest only those money that you can not regret.

3. What is a Cryptocurrency  Exchange?

• Spaces where you can buy hold or trade with crypto.
• Fees (gas fee, Withdraw /deposit fee).
• Ui is easy to learn and use.
• Customer support.
• Trusted  Exchanges: Binance, Coinbase, Kraken, Gemini, etc.

4. How to setup the crypto wallet :

•        First, install the application from the Play Store/ AppStore
•        Login with email and password
•        Complete KYC
•        Use a strong password or use 2fa or face lock or face cam

Tip: Invest with a low amount

5. Learn Trading Strategies

• Different types of Trading:
• Day Trading: Same-day sell/buy.
• Swing Trading: holding assets for day/week.
• Holding: future trading.
• Learn basic  Strategies:
• Reading graphs, indicators
• Check the project strength and volume or supply
• setup loss/profit point

6. Let us start the journey

• lock the order
• Buy/sell assets over the good time

7. Some Important points

• Btc: it stands for bitcoin which was developed in  2008 by Satoshi Nakamoto, an unknown entity
• ETH: It stands for Ethereum which was developed in 2013 by programmer Vitalik Buterin
• LTC: It stands for Litecoin this is simply a modified version of BTC due to faster transactions.

8. Why Trade Cryptocurrency?

 

• High Volatility = Potential for Profit: Cryptocurrencies are known for their price volatility, which can create significant profit opportunities for traders. For example, Bitcoin’s price has seen dramatic rises and falls, making it possible to buy low and sell high within short periods.
• High Changeability=Great profit: Due to the price volatility of the crypto market it creates vast opportunities for traders. For Example, Litecoin’s price changed 50 percent last 1 year, making it a good margin  buy when prices got down and sell when prices got high in a short period
• 24/7 Market open: Unlike traditional stock markets, which operate during specific hours, the crypto market is open 24/7. This means you can trade anytime, day or night.
  We all know other markets remain open for specific hours but the crypto market remains open for 24 hours you can access it any time with no bar.

9. How to Store Cryptocurrencies

• Hot Wallets: Connected to the internet, convenient for frequent trading but less secure (e.g., exchange wallets, mobile wallets).
• Wallets: you can store your crypto in different wallets like Binance, Exodus cozywallet, etc
• Hardware:  you can store your crypto in hardware like offline multiple hardware are available in the market  and you can also store crypto in the ledger

10. Cryptocurrency business as per Indian government norms 

in October according to the government of India cryptocurrency is illegal. But you must follow some government-imposed rules like taxes 

Here are some points regarding the taxes 

1.30% tax on crypto profit 

2.1% Tds transaction