Bybit • Latest Activities
Tags: News • Spot
In accordance with the India taxation framework, Virtual Digital Asset Service Providers will be required to charge a 1%* TDS (Tax Deducted at Source) on all transfers of VDA (Virtual Digital Assets) to residents of India. In compliance with this requirement, Bybit will be implementing the TDS charge on below services starting from Dec 1, 2025:
• Spot: Spot Trading
• Fiat: One Click Buy (Sell Only)
The TDS is applicable on crypto-to-crypto and crypto-to-fiat transactions only. Any fiat-to-crypto transactions are not subject to TDS.
Users will be able to see the amount of TDS charged under their transaction history, alongside the respective fees and GST deductions.
We appreciate your continued support and cooperation as we enhance our processes to meet regulatory requirements and provide you with a safer and more compliant trading environment.
If you have any questions or concerns regarding this matter, please reach out to our Customer Support team by submitting a case via this form.
Source: Bybit Official Announcement — originally published on Mon, 01 Dec 2025 00:00:00 GMT.
