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Ether.fi
ETHFIRank #92What is Ether.fi?
ether.fi is a modern crypto neobank that replaces the traditional consumer bank. Users can save, grow, and spend their crypto through one connected experience. Common use cases include buying tokens, earning on crypto through vaults, sending money globally through fiat on and off ramps, and purchasing every day goods through a credit card.
Behind that experience is crypto-native, non-custodial infrastructure that keeps users in control of their assets. Rather than separating investments from everyday finances, ether.fi makes it possible to put assets to work, access liquidity against them, and use them in daily life from the same platform.
How to Buy Ether.fi in India
The easiest way to buy Ether.fi (ETHFI) 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 ETHFI: use the search bar to find Ether.fi, 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 ETHFI sits in your exchange wallet. For large amounts, consider moving it to a hardware wallet.
Tax on Ether.fi 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 Ether.fi 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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