Empowering India's Crypto Landscape with Innovative INR Futures
We believe in a crypto-empowered India, where innovation and compliance redefine financial freedom.
Indian Crypto Ecosystem : Key Insights
Approximately 15 million customers at its peak.
Punitive taxation (1% TDS, 30% flat tax on gains, no loss offset) caused a decline in the last 18 months.
India's share in global crypto trading volume plummeted from 0.57% to 0.03% during this period.
Most of these transactions have shifted from Indian to international exchanges.
Indian crypto spot exchanges witnessed a sharp 97% decline from Jan 2022 to Oct 2022.
We believe that Crypto derivatives (perpetual futures) can solve some of the problems and infuse a new life into the industry.
Crypto derivatives volume is 5 to 20 times higher than spot volumes.
Most of the frauds involve Crypto withdrawals. We wont allow Crypto withdrawals.
The punitive taxation does not apply to Crypto derivatives.
Banks are more comfortable if the exchanges don't allow crypto withdrawals.
INR Futures will perform better as customers are comfortable with local currency.
Our Story
Cryptocurrencies have shown disruptive, wealth-creating potential. But crypto trading needs to evolve beyond just risk-taking. Our name Pi42 signifies the interplay of strategic thinking and analytical insights needed to master crypto markets.
π represents the infinite, patternless nature of markets - requiring nonlinear strategies.
42 comes from The Hitchhiker's Guide to the Galaxy as the “Answer to the Ultimate Question of Life, the Universe, and Everything” It symbolises asking the right questions.
By combining π and 42, we embrace strategic and analytical thinking to thrive in volatile cryptos.
Welcome to Pi42. Let's redefine what's possible in crypto futures trading, together.
50,000+
users
240+
Futures pairs
1 Billion+
USD in Volume
FIU Registered
Rating on Google Playstore
Rating on AppleStore
Our Values
Innovation
Empowering traders with next-gen crypto tools and features.
Customer First
Focused on delivering the best experience for every trader.
Compliant
Fully regulated platform, ensuring safe and legal trading.
