Does crypto scalping works in Indian market?

chetan

I have been trading for several years in the stock market and has recently entered crypto markets. Does scalping work here as much as it does in the stock markets? Please answer the question only if you are an expert trader.

shubham

Yes, crypto scaling works, even in the Indian market. India has one of the largest populations of crypto enthusiasts in the world. There are Indian exchanges that support leveraged trading like CoinDCX which supports up to 20x leverage.

gulab

You do not need to worry about crypto scalping working in India. You can transfer your funds to an international exchange like Binance and trade worry-free without having to think about liquidity.

sourav

Crypto scalping is a very dangerous activity because most traders use very high amounts of leverage. This easily wipes their portfolio when a trade goes against them. Further, there are a lot of cryptocurrencies that are highly volatile, much higher than stock exchanges. These can kill your portfolio. My advice for you is to stay away from crypto scalping.