Giottus Announces Zero-Fee Window To Aid Crypto Investors Ahead Of New Tax Regime

·         Giottus will waive all fees on trade of INR pairs from March 30 to April 2, 2022

·         The offer is applicable for all customers (new and existing) on the platform

Giottus, India’s top-rated crypto platform, today announced a zero-fee window over March 30 to April 2, 2022 to facilitate all investors to execute their strategies ahead of the new tax regime that kicks in from April 1, 2022.

Investors on the platform will be able to make unlimited trades with INR pairs in this four-day window without worrying about the fees. Fees of crypto-crypto trades will continue to be at the prevailing rates with all trades being zero fees on Bitcoin (BTC) and Tether (USDT) pairs for market markers.

The new tax regime is expected to present crypto investors with a disadvantage as a loss in one virtual digital asset (VDA) can’t be offset in another while declaring profits. Many investors would have likely arrived at their own personalized strategy ahead of the new financial year. Giottus recognizes the need to serve all such investors a window to maximize their returns and hence have extended this offer to all existing and new users on the platform.

About Giottus

Giottus is a customer-centric, all-in-one crypto investment platform that is changing the way Indian investors trade their virtual digital assets. Giottus aims to shed barriers that arise from the complexity of the asset class and the need to transact in English. We focus on building a simplified platform that is vernacular at heart. Investors can buy and sell crypto assets on Giottus in eight languages including in Hindi, Tamil, Telugu, and Bengali. Giottus is currently India’s top-rated crypto platform as per consumer ratings on Facebook, Google, and Trustpilot.