It depends on your needs. Local off-ramps convert crypto to INR locally, following Indian laws and regulations. A 1% TDS will be deducted by our local off-ramp partner, and the transaction will be shown as a crypto off-ramp in your ITR. The local off-ramp has a lifetime limit of $12,500.
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If you are earning crypto through global companies or freelancing, you may choose the international off-ramp. Our international payment provider converts crypto on the international market and sends you remittance. International transactions have no limit, but additional information may be required for large transactions.
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Written by Preet Kaur
Updated over a week ago