🚨 BREAKING: Indian Crypto Users Hit with 18% GST as Bybit Enforces Tax Rule 🇮🇳💰

This just got real for Indian traders.

📉 Bybit confirms — an 18% Goods & Services Tax (GST) is now being slapped on all trades by Indian users as regulators tighten the noose on crypto activity.

🧨 What’s Happening?

🔒 Bybit shuts down key services for Indian residents

📈 Indian traders now face 18% tax on all crypto transactions

💸 Additional costs may kill profit margins for retail investors

🔄 Users report sudden access issues & forced KYC updates

⚖️ Why Now?

The Indian government is taking full control of the digital asset space, demanding strict tax compliance from global platforms.

Bybit is among the first to comply. Others may follow.

💬 The Community Reacts:

"Crypto is dead in India."

"We're being taxed like we're criminals."

"VPNs and DEXs are now our only option."

📍 Context Check:

India already enforces:

30% flat tax on crypto profits

1% TDS (Tax Deducted at Source) on every trade

Now — 18% GST on top of it all?

That’s triple taxation for trying to trade digital assets.

Welcome to Crypto in Chains. ⛓️

Drop your thoughts and tag a friend in India 🇮🇳👇....

#IndiaCrypto #Bybit #GST #CryptoTax #Web3UnderAttack #BinanceSquare #CryptoRegulation #DeFiEscapePlan