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Alpaca City
ALPACARank #9968What is Alpaca City?
DeFi meets Alpaca NFTs. Alpaca City is endeavoring to create a more accessible DeFi ecosystem by combining the power of yield farming and NFT.
How to Buy Alpaca City in India
The easiest way to buy Alpaca City (ALPACA) in India is through an FIU-registered Indian exchange. Here's how:
- Create an exchange account: pick an exchange that appears on the FIU-IND register and complete KYC verification (Aadhaar and PAN).
- Deposit INR: add funds by UPI, IMPS or bank transfer.
- Search for ALPACA: use the search bar to find Alpaca City, then tap it to open the trading pair.
- Place your order: enter the amount in INR you want to invest. Use a market order to buy now, or a limit order to set your price.
- Secure your holdings: your ALPACA sits in your exchange wallet. For large amounts, consider moving it to a hardware wallet.
Tax on Alpaca City in India
30% flat tax on all crypto profits under Section 115BBH of the Income Tax Act. No deductions allowed except cost of acquisition.
1% TDS on all crypto transactions above ₹10,000 under Section 194S. This is deducted automatically by Indian exchanges and can be claimed as credit when filing ITR.
Losses from Alpaca City trading cannot be set off against gains from other cryptocurrencies or any other income. Each transaction is taxed independently.
For a complete breakdown of crypto taxation in India, including ITR filing steps and airdrop rules, read our Crypto Tax India 2026 Guide.
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