Direct answers on investing, custody, tax, and how your money moves. Written plainly, without the jargon.
No. BitSave is an index investing platform. You don't trade on BitSave. You invest in long-term index products that are institutionally held. You cannot buy or sell individual coins.
Download the BitSave app, complete KYC (under 5 minutes), and start your SIP. Your relationship manager will be assigned upon signup and will reach out on WhatsApp.
The minimum investment is $50 USD. BitPe Digital, our India-registered entity, handles rupee conversion for domestic investors.
When you invest, your ₹ is received by BitPe Digital LLP, our India-registered entity. BitPe converts your ₹ into a dollar-denominated stablecoin within India.
The conversion happens within India. Every transaction is subject to TDS and is reported. The Liberalised Remittance Scheme does not apply to this process. For you, there is no forex exposure. This stablecoin is then used to purchase your index units, which are held in institutional custody.
TDS applicability is for Resident Indians. NRI investors have a separate onboarding path and may not be subject to TDS or capital gains in the same manner.
Under Indian tax law, 1% TDS applies on crypto transactions above the threshold.
Every transaction on BitSave is TDS-compliant and reported. This is not an extra charge. It is deducted at source and will reflect in your Annual Information Statement (AIS), which you can use when filing your returns.
No. Your ₹ is converted to a stablecoin within India by BitPe Digital. This is a domestic transaction. LRS (Liberalised Remittance Scheme) does not apply. There is no outward remittance of foreign exchange.
BitPe Digital converts your ₹ into a dollar-denominated digital asset within India — a stablecoin, specifically designed to maintain a 1:1 peg with the US dollar. This conversion happens entirely within India.
This is simply an intermediary step to enable your investment with minimal slippage. You do not hold the stablecoin as an investment. Your final allocation is in index units backed by the underlying crypto assets (Bitcoin, Ethereum, etc.), held in institutional custody.
Once your ₹ has been deposited and converted, it cannot be returned as ₹ through BitSave.
When you deposit, your ₹ is converted into a dollar-denominated stablecoin within India. Reversing that as ₹ would effectively constitute a forex transaction, a process BitSave does not currently support.
The right next step is to invest. Choose a product, set up your SIP, and your deposit will be allocated as index units at the next NAV cut-off. From that point, you can withdraw your investment anytime, with proceeds returning to you within 2 days.
If you need help deciding which product to start with, your relationship manager is on WhatsApp.
The stablecoin used in our process is a dollar-denominated digital asset used only as a conversion mechanism — not as an investment you hold. You are not exposed to stablecoin risk as an end investor.
Your final allocation is in index units backed by the underlying crypto assets (Bitcoin, Ethereum, etc.), held in institutional custody.
Units are allotted within 1–2 hours of the next approaching NAV cut-off time.
You can withdraw anytime. There is no lock-in period. Proceeds from redemptions arrive within T+2.
No lock-in on any BitSave product.
Your assets are held via institutional custody — segregated, insured cold storage. They are never commingled with BitSave's balance sheet. Proof-of-Reserves are visible and verifiable on the app, 24×7.
An on-chain audit that confirms the assets we say you hold are actually held in custody. We publish this. You can verify it at any time — directly on the blockchain, not just on our app.
Your assets are held in institutional-grade, insured cold storage. BitSave does not hold your private keys. The custody provider uses distributed key management, multi-party computation (MPC), and zero-trust architecture. There is no single point of failure.
BitSave is built on institutional infrastructure across four areas: licensed index data from Bloomberg (Bloomberg Galaxy Crypto Index), institutional custody and liquidity via Binance, CoinDCX, and Chainberg, KYC and compliance via Hyperverge, and cloud security via AWS and Cloudflare.
Full partner details, custody safeguards, and live proof of reserves are on our Trust & Security page at bitsave.club/trust.
A trained BitSave professional, assigned to you on signup. They're available on WhatsApp and can help with everything from onboarding to account questions to general guidance.
No. A real person. Reachable on WhatsApp.
Crypto gains in India are taxed at 30% flat, with no deduction for losses. Additionally, 1% TDS applies on transactions above the threshold. This is a factual overview — please consult your CA for advice specific to your situation.
NRI investors are not subject to the same TDS and capital gains framework as Resident Indians. BitSave has a separate onboarding path for NRI investors. Please reach out to your relationship manager or contact hello@bitsave.club for guidance.
Real people on WhatsApp — not bots. Or reach us by email and we will get back to you.