Crypto futures flourish beneath the radar

Even with all the risks around crypto, futures trading has been quietly picking up.

Quoting @nithin 's tweet on this:

These Indian crypto platforms seem to be thriving in a regulatory grey zone, and because of lower taxes and extreme leverage in derivatives.

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Will Zerodha also at some point start a crypto platform? @nithin

Now that so many gaming apps have shut down and options are getting curbed, don’t you think a lot of people will start moving to crypto platforms since they’re offering crazy leverage?

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@nithin ??

Not until SEBI allows us to do so. I don’t think it will happen anytime soon.

But you can start it with another name and entirely different company.

No, we can’t.

Discount brokers were meant to give retail traders an opportunity to start with low capital, especially for those who want to see trading as a business. But with the various restrictions the government is now introducing, will it really benefit retail traders?

  1. With low capital, they won’t be able to trade futures with very low leverage, and liquidity is low while STT tax is very high. Generating monthly income is very difficult with low capital If someone do positional Trade in equity

  2. If various restrictions come into options as well, then liquidity will fall there too. Price movements will also reduce. It will also become difficult for buyers (mostly retail traders) to trade due to theta decay.

That leaves only crypto, where leverage and liquidity are both very high.

For those who want to trade for a living with low capital (₹3 to 6 lakh), what other good options are there (other than Delta Exchange/Similar exchange) in India for full-time trading ? @nithin

It seems you are trading in crypto & having an experience in crypto trade , let me ask you , who is regulating the Crypto trading , any Legit Regulator?

Crypto is regulated by your emotions :sweat_smile:. As satoshi ghosted us long ago. Now its just vibes and volatility.

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Just happen to see this.

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Let me answer later once same emotion reverses :slightly_smiling_face: