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Datamine FLUX
FLUXRank #4923What is Datamine FLUX?
FLUX functions as the native currency of the Datamine Ecosystem and is powered by Datamine (DAM) token. Every 15 seconds you generate a bit of USDc in form of FLUX tokens.
How to Buy Datamine FLUX in India
The easiest way to buy Datamine FLUX (FLUX) 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 + PAN). Takes under 10 minutes.
- Deposit INR — Add funds via UPI, IMPS, or bank transfer. No minimum deposit.
- Search for FLUX — Use the search bar to find Datamine FLUX. Tap on it to open the trading pair.
- Place your order — Enter the amount in INR you want to invest. Use a market order for instant purchase, or a limit order to set your price.
- Secure your holdings — Your FLUX is stored in your exchange wallet. For large amounts, consider transferring to a hardware wallet.
Tax on Datamine FLUX 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 Datamine FLUX 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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