# No-KYC services in India (2026)

> Source: https://fuckyc.org/country/india/
> ISO: IN · Last verified: 2026-05-12

## TL;DR

From India, **Bisq** and **Hodl Hodl** with UPI bank rails. **Trocador** instant swap routes. **Mullvad** for VPN. **Proton Mail** or **Tuta** for email. SIM-registration enforced via Aadhaar-linked verification.

India treats crypto as taxable Virtual Digital Assets with a 30% flat tax and 1% TDS on transfers. Local exchanges enforce KYC.

## Legal context

- Crypto treated as Virtual Digital Asset under Income Tax Act — 30% flat tax on gains, 1% TDS on transfer.
- FIU-IND (Financial Intelligence Unit) regulates AML compliance for VDA Service Providers.
- SIM-registration via Aadhaar-linked verification.

## Payment rails

- UPI — instant payment rail, widely accepted by P2P sellers.
- IMPS / NEFT — bank transfer fallbacks.
- Cash routes locally.

## Crypto and exchange routes

- **bisq** — P2P with UPI
- **hodlhodl** — Multisig P2P with UPI
- **robosats** — Lightning P2P
- **trocador** — Instant swap aggregator
- **monero** — Privacy coin

## VPN and network

- **mullvad** — No-account
- **protonvpn** — Free tier

## Email

- **proton-mail** — Swiss
- **tuta** — German

## Mobile, hosting, messaging

- **silent-link** — Anonymous eSIM
- **signal** — Messaging
- **simplex-chat** — Messaging without phone

## Caveats

- 1% TDS applies to transfers; track for tax purposes if you are a tax resident.
- SIM-registration is Aadhaar-linked — anonymous SIM purchase functionally impossible.
- FIU-IND registration requirements affect which international exchanges accept Indian users.

## FAQ

**Q: Is Monero legal in India?**

Holding and transacting peer-to-peer is legal. The 30% tax on gains and 1% TDS on transfers apply to VDA activity. Local exchanges generally do not list XMR.

## Sources

- [FIU-IND](https://fiuindia.gov.in/)
- [Income Tax India](https://incometaxindia.gov.in/)