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  4. Is Bitcoin or Ethereum safer for beginners in cryptocurrency?

Is Bitcoin or Ethereum safer for beginners in cryptocurrency?

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  • K Offline
    K Offline
    KavyaN_Reads
    wrote on last edited by
    #1

    I’m looking to start investing in crypto in India, but the 30% tax and TDS regulations are intimidating. Should I focus on finding a compliant exchange and start with Bitcoin or Ethereum for safety while I learn?

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  • S Offline
    S Offline
    Siddarth
    wrote last edited by
    #2

    Neither of these coins is a sure bet; they both carry risks but could be very rewarding. If you're new to India, consider using a registered exchange like CoinDCX or WazirX. This way, you can avoid the hassle of managing the 30% tax and TDS issues on your own. Start small and remember that being safe means choosing a trusted exchange and only investing what you can afford to lose without worry.

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