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Industry Trends

08/07/2022

Upcoming changes for Indian TDS compliance

Amidst crypto market turmoil, XREX wants to emphasize that we have been unaffected, and all our deposit, withdrawal, BitCheck, and trading features are and will always be perfectly functional. To fully comply with the new TDS taxation policies, we will suspend our INR support by 31st July; we decided and announced… Read More

XREX Products

19/01/2022

Transfer AUD to INR: How to Get a Better Exchange Rate than XE and Google Rates

If you are told that there are ways you can get the same exchange rate or better rates as shown on xe.com or Google when you want to transfer Australian Dollars (AUD) to Indian Rupees (INR), would you believe it? If that sounds too good to be true, don’t fret,… Read More

XREX Products

04/01/2022

Save on International Transfer: Send Money From Australia to India

If you work and reside in Australia and want to send money back to India for a family function, how do you figure out the best way to go about it? A few factors might come to mind, such as transaction fees, exchange rates, speed, uncertainty, etc. This article will… Read More

XREX Products

10/12/2021

Best Ways for Overseas Professionals to Transfer AUD to INR

Best ways for overseas professionals to transfer AUD to INR Per the World Bank Remittances data, India has the highest amount of remittance inflow from around the world which was almost $83 billion in 2020. This inflow is an exponential rise as shown in the chart below. The increase in immigration… Read More

Announcements

19/07/2021

The Prayagraj Release: The Merge of XREX and Tradn Apps Brings Unity and Strength

We are proud to announce that today, July 19, 2021, the Prayagraj release has successfully launched to merge XREX and Tradn apps — two XREX flagship products! The Prayagraj release has successfully launched to merge XREX and Tradn apps — two XREX flagship products. This merge is intended to create a secure, seamless, and… Read More

Industry Trends

16/06/2021

Mobilization of Crypto Community Is Helping India in the Pandemic

The debates over the true value of cryptocurrencies have never ended. However, the unfortunate pandemic which the world is still suffering from has become a real scenario — the mobilization of the global crypto community and the immediate transferring of funds have successfully saved lives, especially in emerging economies, including India. Mobilization… Read More

XREX Products

13/05/2021

How to Buy Bitcoin with INR in India

You’ve probably been hearing about Bitcoin (BTC) for a long time, either from the media, friends or perhaps even on various online platforms. Maybe you want to get into it yourself, but are still wondering about things like “ Should I buy Bitcoin?”, “Can I buy Bitcoin?” or “Who can… Read More

Industry Trends

23/04/2021

What is Hawala? An Ancient Informal Financial System in Emerging Economies

Hawala or hewala is a word derived from the Persian word havaleh, literally meaning transfer or trust. In simple words, hawala can be defined as a money transfer method, which exists outside the purview of the traditional banking system, utilizing two or more hawala dealers (also called hawaladars) for moving… Read More

Industry Trends

16/04/2021

Bitcoin & Cryptocurrencies: Best Alternative to Send Money to India

Consumer-to-consumer (C2C) cross-border money transfer is defined as “Remittance”. In general terms, a remittance is a payment of money that is transferred to another party. Broadly speaking, any payment of an invoice or a bill can be called a remittance. However, remittance is most often described as any sum of… Read More