The post Coinbase Launches Direct INR Deposits and Withdrawals in India appeared on BitcoinEthereumNews.com.
TLDR: Coinbase now supports direct INR deposits and withdrawals in India through IMPS with no deposit fees. Indian traders can access spot markets and perpetual futures contracts on major crypto assets via Coinbase. Coinbase is registered with FIU-IND and fully compliant with Indian tax laws for long-term operations. Over $1 million has been invested by Coinbase into India’s builder community through Base grants and hackathons. Coinbase has officially launched direct Indian Rupee (INR) support in India, enabling users to deposit and withdraw funds via IMPS. The platform now offers spot trading and perpetual futures contracts on major crypto assets. Coinbase is registered with FIU-IND and fully compliant with Indian tax laws. This move marks a major step in the exchange’s long-term commitment to one of the world’s fastest-growing crypto markets. Coinbase Opens Full INR Trading Ac
The post Coinbase Opens Direct INR Deposits for Indian Users appeared on BitcoinEthereumNews.com.
Coinbase has opened direct Indian rupee (INR) deposits and withdrawals for customers in India, letting them move money between bank accounts and the exchange without intermediaries. The rollout is gradual. Several Indian users report a “Buys not supported” prompt after finishing onboarding, while the company says access keeps expanding. Coinbase’s Second Attempt After the 2022 Retreat Coinbase routes the new deposits through the Immediate Payment Service (IMPS), India’s interbank transfer system. It is not using the Unified Payments Interface (UPI) for now. That choice matters. In 2022, the exchange launched with UPI support and suspended it within three days. The shutdown followed a public statement from the National Payments Corporation of India. Chief executive Brian Armstrong later blamed informal pressure from the Reserve Bank of India. The dispute forced Coinbase into crypto-to-crypt
The post Coinbase Re-Enters India with Direct INR Deposits, Trading and Withdrawals appeared on BitcoinEthereumNews.com.
In a major boost for India’s crypto industry, global exchange Coinbase has re-entered the country. The crypto exchange has launched direct INR deposits, trading, and withdrawals support, enabling easy bank-to-crypto transfers. The move eliminates reliance on risky peer-to-peer (P2P) transfers and marks a key expansion of its services in Asia’s third-largest economy after years of regulatory navigation and ecosystem investments. Coinbase Officially Launches in India with Direct INR Support via IMPS Coinbase has rolled out direct INR rails powered by India’s IMPS payment service. Indian users can now deposit INR directly from their bank accounts, trade on spot and perpetual futures markets. When done, users can withdraw funds back to their linked bank accounts, according to the official blog. Coinbase discontinued its services in India in 2023. It resumed crypto trad
The post Coinbase opens direct rupee deposits in major India crypto push appeared on BitcoinEthereumNews.com.
Coinbase has launched direct Indian rupee deposits and withdrawals in India, giving local users a bank-linked route to trade crypto on its platform. The move expands access. Summary Coinbase added direct INR deposits and withdrawals in India through IMPS after earlier crypto-only access. Indian users can now access spot markets, perpetual futures, and dedicated local INR order books. Coinbase says FIU-IND registration and Indian tax compliance support its latest market restart plan. Indian customers can now deposit and withdraw INR through IMPS, according to Coinbase. The service removes the need for peer-to-peer routes or third-party funding steps that some users relied on before. The company also opened access to spot trading across several crypto assets. Users can trade perpetual futures on major assets and access local INR order books built for Indian customers. Coinbase is
The post Coinbase Re-Enters India With Direct INR Trading Support appeared on BitcoinEthereumNews.com.
The post Coinbase Re-Enters India With Direct INR Trading Support appeared first on Coinpedia Fintech News Coinbase has officially relaunched its services in India, marking a major return after its unsuccessful 2022 launch and subsequent exit in 2023. The exchange now offers direct INR deposits and withdrawals through IMPS, eliminating the need for peer-to-peer workarounds. Indian users gain access to a local INR order book, spot crypto trading, perpetual futures, and … Source: https://coinpedia.org/crypto-live-news/coinbase-re-enters-india-with-direct-inr-trading-support/
The post Gold price in India: Rates on June 1 appeared on BitcoinEthereumNews.com.
Gold prices fell in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 13,827.12 Indian Rupees (INR) per gram, down compared with the INR 13,895.92 it cost on Friday. The price for Gold decreased to INR 161,277.10 per tola from INR 162,079.30 per tola on friday. Unit measure Gold Price in INR 1 Gram 13,827.12 10 Grams 138,271.50 Tola 161,277.10 Troy Ounce 430,070.50 FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-have
The post Coinbase Launches Direct INR Deposits and Trading in India appeared on BitcoinEthereumNews.com.
The post Coinbase Launches Direct INR Deposits and Trading in India appeared first on Coinpedia Fintech News Coinbase has officially launched its India operations, introducing direct INR deposits and withdrawals through the Immediate Payment Service (IMPS). The move removes the need for peer-to-peer (P2P) funding methods and intermediaries, making it easier for Indian users to transfer funds between their bank accounts and the exchange. This marks Coinbase’s biggest step into India since … Source: https://coinpedia.org/news/coinbase-launches-direct-inr-deposits-and-trading-in-india/
The post Kraken seeks Bitcoin perps edge after CFTC clears Kalshi contract appeared on BitcoinEthereumNews.com.
Kraken’s plan to launch regulated Bitcoin perpetual futures in the United States has put the exchange into a fast-moving race with Coinbase and Kalshi after fresh CFTC action opened a new path for crypto derivatives. Summary Kraken expects regulated Bitcoin perps through Bitnomial within 30 days for eligible U.S. institutional clients. Kalshi secured CFTC approval for BTCPERP, while Coinbase opened institutional access through its Deribit route. CFTC staff also issued 24/7 market guidance as exchanges bring offshore-style products into U.S. oversight. Kraken said it “plans” to launch CFTC-regulated perpetual futures in the United States within the next 30 days. The exchange said eligible U.S. clients would be able to trade the contracts through Kraken Pro, alongside spot, margin, and CME-listed futures. Kraken’s upcoming perpetual offering will be based on Bitnomial’s self-ce
