Compliance-first exchange rewards KYC-verified Indian users with up to ₹1,00,000 this August
MUMBAI, INDIA, 17 August 26: eXchange1, a digital asset marketplace registered as a Virtual Asset Service Provider (VASP) with India’s Financial Intelligence Unit (FIU-IND), announced the ₹10 Lakh Trading Dhamaka, a month-long trading rewards campaign open to its INR Futures traders. Running from August 1 to August 31, 2026, the campaign gives KYC-verified Indian users the chance to earn a share of a ₹10,00,000 prize pool.
Under the campaign, eligible traders earn ₹10,000 in rewards for every $1 million in qualified INR Futures trading volume generated during the campaign period, with rewards paid out weekly directly to the user’s trading wallet. Rewards scale with volume up to a maximum of ₹1,00,000 per user for qualified volumes of $10 million and above.
Traders who do not reach the $1 million threshold are not left out. Users generating between $100,000 and under $1 million in qualified volume automatically qualify for a Trader Lucky Draw, with selected winners receiving up to ₹20,000.
Rewards are credited net of the standard 10% TDS as applicable under Indian tax law. No separate GST is levied on campaign rewards.
“This is our first campaign designed to reward eXchange1’s most loyal customers. We know this is where you want to trade BTC, gold, or any crypto of your choice, and this inaugural offer is just the start. We’ll be rolling out new offers through September and October,” said Deepankar Kapoor, Chief Growth Officer for Global Markets at eXchange1.
To participate, users must be KYC-verified Indian retail traders, with at least 75% of their qualifying volume generated through taker trades. Full eligibility rules and terms are available at campaign.exchange1.com
About eXchange1
eXchange1 is a next-generation digital asset marketplace operated by UAB Web3 Utility IT Services India Private Limited, registered as a Virtual Asset Service Provider (VASP) with the Financial Intelligence Unit, India (FIU-IND). Guided by its vision of “1 World, 1 Exchange,” eXchange1 is built on a foundation of compliance, transparency, and security, serving both retail and institutional clients across India. The platform is designed to provide a seamless and user-friendly environment for buying, selling, and managing digital assets, while maintaining a strong focus on regulatory standards and customer protection. With advanced technology, robust security measures, and a commitment to responsible digital asset services, eXchange1 aims to contribute to the growing adoption and accessibility of cryptocurrency and blockchain technology in India.
About Depankar Kapoor
Deepankar Kapoor is Chief Growth Officer for Global Markets at eXchange1, where he leads the exchange’s India entry and global growth strategy. He brings over 17 years of experience in digital marketing, growth, and customer acquisition across leading organizations including Yahoo!, Ogilvy, GroupM, and Monks. Prior to joining eXchange1, Deepankar spent nearly five years as Head of Growth at Delta Exchange, where he played a key role in driving global customer acquisition, engagement, and retention across crypto and derivatives markets. His experience spans growth strategy, performance marketing, digital transformation, brand building, and scaling technology-led businesses. At eXchange1, he focuses on expanding market presence, building sustainable growth channels, strengthening customer engagement, and positioning the platform for long-term growth in India and international markets.
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