SmartInvest
Multiply your profits the smart way
Beginner-friendly, no prior experience required
Choose from a wide range of strategies
Earn bigger rewards in our trading leagues
Meet our Strategy Architects
FAQ
How exactly is profit calculated in SmartInvest?
Your profit in SmartInvest on PRO will be calculated as the difference between your account value after the invested amount has been traded, minus your initial account value. Your account value will be calculated as the sum total of your wallet balance, portfolio value and TDS paid.
Will my capital also be converted into TDS?
As part of the SmartInvest process, both your invested amount and profits will be converted into TDS. You can claim this amount when you file your income tax returns for the year.
If I started SmartInvest after 1st Oct 2024, when will I get my TDS returns?
If you have started SmartInvest after 1st Oct 2024, you can claim your TDS returns when you file your ITR for the financial year 2024-2025.
Is SmartInvest compliant with the rules defined by the Income Tax Department of India?
Yes, CoinSwitch is an FIU registered company which is KYC and PMLA compliant. SmartInvest is a completely legal activity.
Do I have to write my own code to take part in SmartInvest?
No, you do not have to write any code. In order to start SmartInvest, you simply have to pick one of the available trading strategies and leave the rest to our expert developers. If you want to write your own code and run them on CoinSwitch PRO, you can try API trading.
How much profit can I expect?
The historical profit generated by each strategy is mentioned in the card. Kindly note, this is just a indicator of how the strategy has performed in the past. The actual profits may vary.
Do I need to have separate money/wallet for it?
No. Your CoinSwitch wallet will be used for all your trading activity on PRO.
How can I trust the developers strategy? Have they been tested enough?
All the strategies have been throughly tested for 6 months by the CoinSwitch team before being listed on PRO. We follow extreme due diligence on our end to ensure that only the best and most tried & tested stratgies are made available to our users.
Is CoinSwitch charging me anything for this feature?
No, you do not have to pay anything extra to CoinSwitch apart from the commission that we charge. However, a part of your profits before tax will go to the creator as a compensation for services provided.
Will CoinSwitch be liable if the developer had made losses and is not agreeing to payback the same?
Coinswitch is merely acting as an intermediary for Users to discover the services of the creators. We shall not be liable for any claims, losses, notional losses, etc., arising out of or is attributable to your participation. Further, we shall not be liable for generation of a certain profit or for the efficacy and accuracy of the algorithm of the creator or make good on the expected profit.
Can I claim TDS quaterly or half yearly and not wait for the financial year to end?
No. this is a government law, all tax returns come only once in a financial year (annual), not quarterly or half yearly or any other tenure.
Can my strategy be stopped after we have made investment in any of the strategies?
Please note that once trading has commenced per your selected strategy, trading cannot be stopped before the completion of the agreed upon duration. CoinSwitch as well as the Creator shall not entertain any requests pertaining to the stoppage of the Program prior to the agreed upon duration.