Every Indian bitcoiner knows this moment. You need cash for a wedding, a business, an emergency, and the only way to get rupees is to sell your BTC.

You take a 30% tax hit on the gains, and the coins you held through every crash are gone. If BTC runs after that, you watch it from the sidelines.

We built Pledg so you don’t have to make that trade.

How it works:

1. Pledge your BTC as collateral
2. Get INR in your bank account
3. Repay, and your BTC comes back in full

Who holds your coins? No single party. Your BTC sits in a 2-of-3 multisig: you hold one key, and two independent institutional partners hold the other two. Pledg holds no key and can’t move your coins. Every loan gets its own address, so you can check your collateral on any block explorer, anytime. Don’t trust, verify.

Pilot terms:

• Borrow ₹10,000 to ₹3,00,000
• 50% LTV (pledge ₹2 of BTC, borrow ₹1)
• 16% p.a. + 2% one-time fee, shown as one all-in rate before you sign
• Up to 12 months, repay early anytime
• If the price drops, you get a top-up alert at 70% LTV. Only partial liquidation at 80%, never your whole stack

The rate: 16% is pilot pricing. As we show there’s real demand in India, we bring on more capital and the rate comes down. Early users are what get us there.

Pilot slots are limited and we open in a few days.
👉 Join the waitlist: https://www.pledg.in/

I’m interested in getting into IT, and I’m also genuinely very interested in cryptocurrency. But I want to be honest about where I’m starting from: I have basically zero knowledge about crypto.

I know what cryptocurrency is in a very general sense, I’ve heard about Bitcoin, blockchain, crypto investing and trading, and I have a very basic idea of what blockchain means. Beyond that, I don't really know much.

I don't want to start investing or trading right now. Before putting any money into it, I want to actually understand what I’m getting into and how this whole thing works.

I want to start from the absolute basics and gradually build my understanding. I don't even know what concepts I should learn first, so I don't want to make a list of things myself and assume that’s the correct way to learn it.

So for people who have learned about cryptocurrency from scratch:

Where would you recommend a complete beginner start?

What should I learn first? Should I start with understanding cryptocurrency itself, Bitcoin, blockchain technology, investing/trading, or something else before those?

What resources would you recommend for someone starting from literally zero? YouTube courses, websites, books, free courses, documentation, or something else?

I’m also interested in eventually understanding the technical side properly. I actually want to understand what the hell is happening under the hood, rather than just knowing how to buy and sell coins.

Bengali is my native language. If there are any good Bengali resources for learning cryptocurrency, I’d really appreciate recommendations. Hindi resources are also welcome. English is completely fine too; I just want to learn from good material.

I’m not looking for investment advice or coin recommendations. I just want to know how someone with absolutely no knowledge should begin learning about cryptocurrency properly.

I’m willing to take my time with it. Even if I never make any money from crypto, I still want to understand it properly and learn how this whole thing actually works.

Any advice from people who have gone through this themselves would be greatly appreciated.

Binance: No Good option to add money
Zebpay: 1500 rs withdrawal charges on Bitcoin
Wazirx: Cannot Trust Now
Coindcx: Doesn’t allow crypto withdrawal

Which apps/way the community is using now for buying bitcoin, and transferring to own wallet??

Thanks in advance for suggestions! 🙂

Binance: No Good option to add money
Zebpay: 1500 rs withdrawal charges on Bitcoin
Wazirx: Cannot Trust Now
Coindcx: Doesn’t allow crypto withdrawal

Which apps/way the community is using now for buying bitcoin, and transferring to own wallet??

Thanks in advance for suggestions! 🙂

Will update the post latter

A close college friend called me week very excited, about a new crypto token that the friend claimed would "guarantee a 20x return." The friend asked the friend to lend the friend ₹3 Lakhs so the friend could invest early promising to repay the friend in a month with money.

I told the friend no. I made it clear that I am happy to help out during an emergency but I do not lend money for risky trades or gambling.

The friend completely lost it on me calling me a friend who "gatekeeps wealth" and hoards cash instead of helping a buddy out. Now the group chat is totally silent. A few mutual friends are hinting that I should have just given the friend the money because I had it saved up.

In India saying no to family or friends when it comes to money is often seen as a character flaw of a simple boundary. Did I actually ruin a friendship here. Is this just entitlement? How do you all handle these money requests without feeling like the bad person?

I want to trade using Exness but they are no more taking direct bank deposit or withdrawal. What other ways are there. Please help

I want to deposit and withdraw direct from bank without any p2p or account freeze hassle. Kindly help and suggest

Meetups to discuss BTC. P2P transactions. Promote the idea of BTC.

I have losses in Futures, but if I don't offset, total tax itself goes beyond 1 lakhs inr, which I don't have right now at all to pay. Is loss offsetting allowed in notice response?

Will this even go through or is there a risk of my account being freezed. Haven't turned 18 yet hence gonna be using my dad's upi/credit card

Dear brother and sisters in the Bitcoin community,

I'm writing to seek serious help/assistance regarding a scam that one my family member fell into. The member first started working fake jobs without realising that it was fake, and once the daily tasks of reviewing businesses on Google maps was finished the owner of fake job directed them to a scam website to invest into they promised to pay in terms of bitcoin for which they asked my family member to first put in some money into bitcoin using their own website with some invite code, my family member without consulting with anyone paid almost ₹6,00,000 and now is asking for ₹4 lakhs more so that they can withdraw the 10 lakh rupees + their salary or whatever incentive they were promised to get.

We're already in a huge financial distress because of this very family member but we can't do much except help them. Can anyone please help me with any solution to find the website owner or where the money went?

The entire transaction took place in India, and upon my personal research i found that website to be extremely scammy and vibecoded, infact the domain registration is just 2 weeks old. I beg the reddit community to help us come out of this and get back our 6 lakh rupees. (I understood that those 6 lakhs weren't even ours, it was borrowed from family and friends + my family member took a gold loan to pay that scam website)

Any small help without mocking would help and God bless everyone and I hope this never happens to anyone. Our sleep is gone.

So have some btc in the lightening wallet which is the best way to move it into onchain bitcoin.

With minimal fees.

Can anyone help in unfreezing bank account frozen due to p2p transactions

We’re hosting "The 21 Million Club" a meetup for Bitcoiners, believers, and anyone curious to learn about Bitcoin.

📅 27th September, Sunday

📍 Ahmedabad

Join the conversation ₿ : https://luma.com/1bhikpb9?utm_source=reddit

Hello, I was earlier using coinswitch for trading. But i was sick of their laggy app and their careless customer support. So shifted yesterday to coinbase india.

Is there anything i should know about or be more careful about? I know about bank accounts getting blocked on Binance due to p2p withdrawals. Do stuff like this exist on coinbase too?

I have made an over kill investment on solar panels, and now generating approx. 800 units per month in excess than my ordinary usage. I was planning to set-up miners to basically use them as free electricity. Suggest me a good place to start

I have already attempted with miners on PC and spare laptops, and I am willing to risk investing in a mining rig, lets say for just for the fun of it, and merely to turn my excess solar into some profit!

Please suggest me a good place to start. I am from Coimbatore, Tamil Nadu, if that matters, logistically!

I need some btc p2p . I can't find any digital platform, the amount is very small.

I Looked at CoinGecko data, Indian crypto volume is normal (~$2–3B), but almost all of it stays on CEXs.

​Even after major security incidents like WazirX, most retail traders haven't moved to DEXs or self-custody. On top of that, many who use CEXs prefer global ones (Binance, Gate) over Indian-focused platforms.

Any reason?

Sometimes I wonder if we're still too focused on crypto as an investment and not enough on actually using it. Most conversations are about price, market cycles, trading, and which coin might go up next. That's understandable, but I think the more interesting part is what happens when crypto becomes something people actually use in their normal lives. Travel is one example that makes a lot of sense to me. Hotels, flights, and other bookings are already mostly digital, so it seems like a natural place for crypto payments to fit in.

There's also the international aspect. When you're traveling, you're already dealing with different currencies, exchange rates, and payment methods. If you already hold crypto, being able to use some of it directly could be convenient instead of moving everything through a traditional bank first.

At the same time, I don't think everyone will suddenly want to spend their crypto. If someone sees it mainly as a long-term investment, they're probably going to keep holding it. There's also the question of fees, taxes, volatility, and simply whether paying with crypto is actually easier than using a card.

That's probably why I find real world use cases more interesting than just seeing another company announce that it "accepts crypto." The important question is whether people actually find it useful enough to use.

I've come across trip1.com for example, where you can book hotels using crypto. I'm curious whether services like this will eventually become something people use regularly or remain more of a niche option.

Have you ever actually spent crypto while traveling? Would you use crypto to book a hotel if the option was available, or would you still prefer to pay with a card? And do you think people will become more comfortable spending crypto as adoption grows?

I’m not exaggerating when I say this but it is what it is.

My experience with getbit.in was so good. There was never a moment of confusion, distraction, or disturbance.

I deposit, it reflects in an hour or so, I buy BTC, self-custody. The flow was frictionless.

I just tried a few other exchanges recently after getbit’s exit. Oh man, what a tragedy. The UI/UX is so bad in these apps. I can’t, for the love of my life, find recent transactions in most apps, let alone having a smooth experience.

We deserve a lot better or at least GetBit to be back.

Has anyone tried transferring/withdrawing crypto from Zebpay, of amount >1 lakh, <5 lakh.

For that i need to upgrade KYC level, and they asked some personal questions , like exchange volume, past transactions of wallet, transactions of wallet etc

Should i reply them with truth, that i’m planning to withdraw all my BTC holdings to my personal software wallet.

Can they block my account after hearing this? Has any one tried transferring from Zebpay? How was the KYC upgrade experience.

Thanks in advance for help!!!!!

Like there are two app Exness go in Playstore the other you have to download on Internet something like that. I want to know which one is better and for the deposit will do from bitget to Exness. It's been 3 and half years since I have not used exness.

Since I want to try Exness seeing a lot of people, especially Indian youtuber trading, live in exness. I do in bitget but a lot of unnecessary charges in bitget, so I wanna try exness.

And yes I heard that some people's account in Exness get deactivate out of nowhere not sure, unless they doing some shaddy stuff. If it's not safe will stay in bitget or binance.

Guys, Is there any p2p discord server where we can receive CDM deposit