5 February 2026
4 mins read
People trade cryptocurrencies to benefit from price changes in digital coins without relying on traditional markets. Some traders buy coins through exchanges and store them in wallets, while others simply trade on price movements. The market runs all day and uses blockchain technology to record transactions. Because prices move quickly, crypto trading can offer opportunities but also involves uncertainty.
Cryptocurrency trading means the buying and selling of digital currency. This digital currency, referred to as cryptocurrency, has no legislated or intrinsic value, that is unlike the traditional currencies which are legal tenders.
Cryptocurrency trading started to be noticed since the launch of Bitcoin in 2009. Thousands of digital currencies have been created since then. Each has its own technology and its own rules.
In India, the taxation and regulation of cryptocurrency is outlined in Finance Act, 2022. Flat rate of 30% on profits from virtual digital assets (VDAs) (cryptocurrency). For transactions above a threshold, there is a 1% Tax Deducted at Source (TDS).
The Reserve Bank of India (RBI) has raised concerns about private cryptocurrencies. Users must know the regulatory position in India before getting into cryptocurrency trading.
Cryptocurrency trading is not regulated by SEBI, RBI, or any Indian financial regulator as a formal investment product. This content is for educational purposes only. It does not constitute investment advice.
Now that you know the crypto trading meaning and its few benefits, let's move ahead and see the popular ways of crypto trading.
One of the prominent ways of crypto trading is via Contracts for Difference or CFD. This is more like option trading, where traders use derivatives. This derivative is used to predict market movements. Here, you don't need to own the assets. Your position in the market is affected by your prediction. For example, if you predict a crypto value to appreciate, you can buy or take a long position and vice versa. You may leverage your position in the market using small deposits called margins.
This form of crypto trading requires owning the assets or coins. Here, a trader has to first make an exchange account. Additionally, you cannot deposit small margins, instead you have to deposit the asset’s full price. After this, you are allowed to secure these coins in your crypto wallet.
Cryptocurrencies are bought and sold in digital markets known as exchanges. The participant places an order to buy/sell a digital coin at the price he/she chooses.
Trades are executed based on the buyers, sellers, and conditions present in the market at that time.
Set up an account on a crypto exchange: The participant signs up for an account with a cryptocurrency exchange. In general, for the sign-up process, you need to verify your identity. The level of verification depends on the platform and country of operation.
Fund the account: Participants deposit money into the account. This is usually done by bank transfer or other accepted method of payment. Until a trade is made, the money sits in the account.
Place a buy or sell order: The participant chooses the cryptocurrency to trade. They agree on the size and the price at which they want to buy or sell it. The exchange executes the order when it is matched with another order.
The blockchain records the transaction: Once a trade is completed, it is recorded on the blockchain — a shared digital ledger that stores all transactions in a chain of data blocks and is not owned by any single party.
Store the coins in a digital wallet: Coins bought on an exchange can be stored in the exchange’s wallet or transferred to a different digital wallet. A digital wallet holds the private keys to access the coins.
Monitor price movements: Cryptocurrency prices change very fast. participants to regularly check their positions. Prices are affected by news, market sentiment, changes in regulations and other factors.
Crypto Trading uses blockchain for several reasons. Here are a few points proving the significance of the technology.
Each transaction recorded on the blockchain is visible. This provides a clear and unchangeable record.
With the decentralised and cryptographic design, blockchain ensures the security of each transaction. This helps traders avoid any kind of fraudulent activities.
Some online platforms use self-set smart contracts. These come with pre-written codes making trading easy and efficient.
There are thousands of cryptocurrencies. They differ in technology, purpose and the network they run on. The main categories are given below.
Bitcoin (BTC): Bitcoin was the first cryptocurrency. The creator of it in 2009 was a person or group named Satoshi Nakamoto. It is the largest cryptocurrency by market cap and runs on a decentralised network.
Altcoins: Altcoins refer to all cryptocurrencies other than Bitcoin, including Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), among others. Each altcoin has its own technology and use case.
Ethereum (ETH): Ethereum is a blockchain. Supports smart contracts and DApps (decentralised applications). Its native currency is ether. It is one of the most popular blockchains.
Stablecoins: Stablecoins are tied to a stable asset like a fiat currency such as the US Dollar. Examples are USDT and USDC. They are designed to have less volatile prices than other cryptocurrencies.
Tokens: Tokens are digital assets built on top of an existing blockchain. Usually, they are issued by projects or platforms for a certain purpose in their ecosystem.
Central Bank Digital Currencies (CBDCs): These are digital forms of money issued by a central bank. India’s Digital Rupee, a CBDC, has been launched by the Reserve Bank of India. CBDCs are not the same as private cryptocurrencies.
Additional Read: What Is a Trading Account
Many factors influence the price of a cryptocurrency. These factors can lead to rapid price movements in either direction.
Supply and demand: The value of a cryptocurrency is determined by the number of units that exist and the number of people who want to buy them. Bitcoin has a maximum supply of 21 million coins. Part of the reason its price moves the way it does is this limited supply.
News and media coverage: Positive news stories about a cryptocurrency or its underlying technology can draw in buyers and increase the price. Bad news or regulatory announcements could see prices plummet. Media coverage has a strong influence on short-term price movements in crypto markets.
Regulation news: Announcements from governments and regulators regarding cryptocurrency can significantly affect prices. The India Finance Act 2022 has levied a 30% tax on VDA gains and 1% TDS. Such changes affect the extent of market involvement.
Technology changes: A shift in the blockchain network can affect the price of the relevant cryptocurrency. Big price changes in a short time can be due to major upgrades, forks or security issues.
Market sentiment: Sentiment is what drives crypto markets. Fear, uncertainty and doubt (FUD) can lead to steep drops in prices. Prices can rise quickly on positive sentiment.
Adoption and use cases: The more that a crypto or the technology behind it is used in the real world, the more demand there is for that crypto. Prices could also be impacted by institutional adoption and integration into financial systems.
Additional Read: How to Start Trading Online
Some major risks and disadvantages of cryptocurrency. These must be understood clearly before participation.
High price volatility: The prices of cryptocurrencies can be very volatile in a very short period of time. A sudden drop can result in the loss of a considerable portion of the amount involved in a trade. There is nothing preventing prices from falling.
No regulatory protection in India: Cryptocurrencies are not governed by SEBI or RBI as a formal investment product. There is no investor protection fund or redressal mechanism, as there is in regulated markets.
Risk of exchange failure or fraud: Not every cryptocurrency exchange is regulated. Some exchanges went belly up or were scams. Holding coins on an exchange means you can easily lose access to them.
Tax liability in India: Gains from virtual digital assets are taxable at 30% in India under the Finance Act, 2022. Losses on one VDA cannot be offset against gains on another. Active traders also feel the cash flow impact of 1% TDS on transactions.
Security Risks: Digital wallets and exchange accounts can be hacked or phished, and private keys can be lost. If you lose your private keys, you could lose your coins forever.
Environmental Concerns: Some cryptocurrencies use a process called proof of work to verify transactions. It requires a lot of computing power and energy consumption.
Cryptocurrency trading is not suitable for all participants. The risks listed above are not a complete list. Participants must assess their own financial situation and risk tolerance before taking part.
Crypto trading is the trade of crypto assets. Crypto trading meaning traders buy and sell their crypto via exchange platforms using blockchain.
Cryptocurrency trading works via a unique technology called blockchain. It serves as a digital record of all your transactions and each block is added and made into a chain. Here, miners play an important role in validating the transactions.
There are several types of cryptocurrency trading. The most common types include day trading, margin trading, copy trading, scalping, and so on.
Crypto trading has huge potential for returns, given it is done rightly. However, it involves certain risks like changes in asset prices, market sentiment, and more.
Starting your crypto trading is quite simple. First, download a trading application. Now, make an account and complete the form, filling in all important details and KYC. Follow the different crypto opportunities available and start your trading once you're done with your research.
A crypto wallet is where you store your cryptocurrencies. They are considered crucial for storing transactions and encrypting your information.
Cryptocurrency mining is the process of verifying and adding transactions to a blockchain. Miners use computers to solve complex problems, and in return, they earn cryptocurrency as a reward. It helps keep the network secure.
Crypto is not illegal, but also not recognised as legal tender in India. While people can exchange it, there are stipulations, and any profits are subject to taxation, as the law dictates.
Yes, you can start with ₹100 on certain apps. You do not need to buy a full coin. You can buy a small part, which makes it easier to begin with a low amount.
Some people trade to benefit from price changes, but prices can move sharply in either direction, leading to varied outcomes. It carries high risks, including possible total capital loss, limited regulation, and significant security concerns.
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