Get interested in Cryptocurrency at the rate of 24% per annum.
Get interested in Cryptocurrency at the rate of 24% per annum., The Central Government has imposed a 30 percent tax on the income earned on Virtual Digital Assets in the budget. This category will include both Cryptocurrency and NFT (Non-Fungible Token). Now some crypto exchanges are launching some such products, on which they are also promising to give loans to investors. Online banking platform Cashaa has announced an interest rate of 24% per annum on deposits of Stable Coins.
This interest rate is much higher than the interest paid on deposits made by Indian banks. Not only this, some crypto platforms are also offering loans against crypto deposits. According to a report by ET, the cryptocurrency exchange, which is launching new products, believes that crypto-based products should not as per the existing rules of India.
Tax will increase crypto holding :- Get interested in Cryptocurrency at the rate of 24% per annum.
Darshan Bathija, co-founder and CEO of Singapore-based cryptocurrency exchange Vault, says he has approached the government seeking
clarification on the tax on new products. Kumar Gaurav, founder, and CEO of online banking platform Cashaa, told ET that the tax levied by the government will enhance the operation of digital assets as people would prefer to take loans on their crypto holdings instead of selling crypto to save tax. Gaurav also announced to pay interest at the rate of 24% per annum on the deposit of Stable Coins on his platform.
Some best crypto currency to invest in 2022
Ruby (RBC)
The topmost profitable Crypto-currency today, Ruby (RBC) is a decentralized cryptocurrency that is a virtual currency that is deployed on the Ethereum blockchain on the ERC 20 platform. It is also known as digital currency because it is a purely virtual form of money. Ruby Coins in a Blockchain Wallet that you control. Any owner of the Wallet can store Ruby Coins or a portion of them in their digital wallet or send them to anyone. Each Ruby Coin transaction’s account is kept on the Blockchain. Every transaction on the blockchain is flawless.
Each Ruby Coin is a cryptocurrency that is fundamentally self-contained.
The first Ruby Coin transaction took conducted at 23:59:59.19 Vietnam GMT time on December 29, 2020, and has been followed by a continuous Ruby Coin transaction ever then.
Ruby (RBC) – https://rbcblogs.com/ruby-coin-price-in-inr/
Bitcoin (BTC)
Bitcoin, the world’s first and most popular cryptocurrency, remains the market leader, not only in terms of market capitalization but also in terms of performance on the crypto Exchange.
Although it may appear obvious to crypto traders why Bitcoin is at the top, let’s look at some real evidence to back up th
e assertion. The following are some significant events from 2021 that helped Bitcoin become the most popular asset:
Note that Bitcoin the most popular cryptocurrency traded across all exchange platforms, not just CTSKOLA.
Dogecoin (Doge)
Dogecoin is one of the highest-performing cryptocurrencies on the Crypto market, representing the best of the meme coins we offer. The first half of the year meme coins, thanks to Dogecoin’s big spike driven by Elon Musk’s tweets. The price of Dogecoin rose to unprecedented heights in early 2021, with its growth rates exceeding those of Bitcoin, thanks to the encouragement of Musk, who claims to be its “Dogefather.”
So, what makes Dogecoin one of the most widely used digital currencies.
Apart from Elon Musk, millionaire Mark Cuban and celebrities such as Snoop Dogg, Lil Yachty, and Kevin Jonas have also endorsed Dogecoin in 2021, Persons who had never heard of Dogecoin began to invest in it as a result of the legion of followers that these well-known people have on social media platforms like Twitter.
Ethereum (ETH)
(ETH) Ethereum is the second-largest cryptocurrency in terms of market capitalization and user base after Bitcoin. Ethereum had a fantastic year in the crypto market, thanks to creative improvements and upgrades.
In 2021, this cryptocurrency undeniably popular. For many coins and applications, it is the most popular blockchain platform. In 2021, the popularity of Defi and DApps boosted Ethereum’s user base and attracted a slew of investors.
How to Buy 2022’s Best-Performing Cryptos Via CTSKOLA
1: Open the CTSKOLA web application.
2: Register and open an account.
3: Complete the KYC procedure.
4: Add your bank details
5: Buy or sell any of the coins above.
Read more here if you need a more detailed guide.
create a free account in ctskola and start trading:- Click Here
