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Is Binance Legal in India?
If you’re based in India and ready to start trading crypto, there’s good news — Binance is legal and operational in 2025. Even better, if you register using referral code BESTCODE or this special Binance link, you’ll unlock a 20% lifetime discount on spot trading fees and 10% off futures fees for your first 30 days.
Is Binance legal in India?
Yes — Binance is accessible, registered with FIU-IND, and compliant with Indian AML (Anti-Money Laundering) laws. While it’s not licensed by RBI or SEBI, it operates legally under the current framework.
Binance’s Legal Status in India
Binance — the world’s largest cryptocurrency exchange — has had a complex history with Indian regulators. After facing scrutiny, the platform has resumed full operations in India and is now registered with the Financial Intelligence Unit-India (FIU-IND) as a reporting entity.
While Binance does not hold a license from the Reserve Bank of India (RBI) or the Securities and Exchange Board of India (SEBI), FIU-IND registration allows it to operate within the country’s financial compliance framework.
How Binance Works for Indian Users
Indian traders can access Binance via its website and mobile apps without restrictions. The platform supports:
INR deposits through UPI, IMPS, and bank transfers.Peer-to-Peer (P2P) trading for direct crypto-to-INR transactions between users.Spot and Futures trading for hundreds of cryptocurrencies.
P2P trading is especially important in India’s regulatory context, as it enables direct transactions that comply with evolving guidelines.
Taxes and Regulations You Need to Know
India’s crypto laws require:
30% tax on crypto gains.1% TDS (Tax Deducted at Source) on all crypto transactions above set thresholds.
Binance provides transaction records and reporting tools to help users remain tax-compliant. However, regulations in India are still evolving, so staying updated is essential.
Why Indian Traders Choose Binance
Low fees with up to 20% lifetime discount using referral code NOLAVJSK.Wide range of coins and trading pairs.P2P marketplace with competitive rates.Strong security backed by the SAFU insurance fund.
Is Binance legal in India?
Yes — Binance is accessible, registered with FIU-IND, and compliant with Indian AML (Anti-Money Laundering) laws. While it’s not licensed by RBI or SEBI, it operates legally under the current framework.
Binance’s Legal Status in India
Binance — the world’s largest cryptocurrency exchange — has had a complex history with Indian regulators. After facing scrutiny, the platform has resumed full operations in India and is now registered with the Financial Intelligence Unit-India (FIU-IND) as a reporting entity.
While Binance does not hold a license from the Reserve Bank of India (RBI) or the Securities and Exchange Board of India (SEBI), FIU-IND registration allows it to operate within the country’s financial compliance framework.
How Binance Works for Indian Users
Indian traders can access Binance via its website and mobile apps without restrictions. The platform supports:
INR deposits through UPI, IMPS, and bank transfers.Peer-to-Peer (P2P) trading for direct crypto-to-INR transactions between users.Spot and Futures trading for hundreds of cryptocurrencies.
P2P trading is especially important in India’s regulatory context, as it enables direct transactions that comply with evolving guidelines.
Taxes and Regulations You Need to Know
India’s crypto laws require:
30% tax on crypto gains.1% TDS (Tax Deducted at Source) on all crypto transactions above set thresholds.
Binance provides transaction records and reporting tools to help users remain tax-compliant. However, regulations in India are still evolving, so staying updated is essential.
Why Indian Traders Choose Binance
Low fees with up to 20% lifetime discount using referral code NOLAVJSK.Wide range of coins and trading pairs.P2P marketplace with competitive rates.Strong security backed by the SAFU insurance fund.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.