The move to tax virtual digital assets at 30% in the union budget has encouraged the crypto industry players to come out with financial products on the asset.
Crypto exchange CoinSwitch on Monday launched a recurring buy plan (RBP) - a systematic investment plan to buy crypto assets in India. Users can sign up through a waitlist to get early access to explore this new feature, the company said. With this, the startup wants users to beat market volatility and avoid making impulsive buying or selling decisions.
