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Simple Steps to Buy AKT with CoinDCX
Akash Network (AKT) is a decentralised cloud-computing marketplace popular for renting GPU power for AI. You can buy Akash Network in India in INR on CoinDCX and trade in a market that stays open 24/7.
Check how much AKT you can buy with your amount in INR
You get 0.000025 BTC for ₹ 100
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Akash Network (AKT) is a decentralised cloud-computing marketplace connecting users who need computing power with providers offering spare capacity. Since 2023 it has focused heavily on renting GPUs for AI. AKT pays for computing, stakes to secure the network, and votes on governance, with a newer system burning AKT based on usage.
Akash often has more available capacity than paying demand, and it competes with far larger cloud providers. In India, AKT is treated as a Virtual Digital Asset (VDA) under the Income-tax Act, so you can legally buy, hold, and sell it.
FIU-IND registration, ISO/IEC certification, and offline cold storage help keep customer assets secure.
Trade AKT anytime, with UPI and IMPS deposits typically credited within minutes.

CoinDCX provides tools and guides that help first-time investors get started with Akash Network.

Even with its usage-linked burn system, Akash issues more new AKT than it burns on most days, so token supply keeps growing. This means holders, even those who stake, can face dilution and low or negative real returns.

The marketplace frequently has more spare computing capacity than paying customers, and its revenue can be lumpy. Its value depends on attracting larger, more valuable jobs, which is not guaranteed.

It competes with giant, well-funded cloud providers and other decentralised networks. Research its real, current usage and revenue before you invest in Akash Network.
Follow these 4 simple steps to start investing in Akash Network (AKT) in India:
Create your account and complete KYC.
Transfer INR via UPI, IMPS, NEFT or RTGS.
Open the AKT market and check the live price.
Enter the INR amount and confirm your order.
Before buying AKT, add INR to your CoinDCX account via UPI, IMPS, NEFT, or RTGS.
Yes. Akash Network (AKT) is treated as a Virtual Digital Asset under the Income-tax Act, so buying, holding, and selling are allowed, though it is not legal tender. India regulates crypto as a taxable, speculative asset, and platforms serving Indian users must be registered with FIU-IND under anti-money-laundering rules.
To buy Akash Network for the first time, sign up on CoinDCX, complete KYC with your PAN and Aadhaar, deposit INR through UPI or IMPS, then open the AKT market and confirm your order. Most first-time buyers complete all four steps on the same day.
Add INR to your CoinDCX account by choosing UPI as the payment method, entering the amount, and approving the request in your UPI app. Once the balance reflects, open the AKT market, enter your INR amount, and confirm. UPI deposits are usually credited within minutes.
You do not need to buy a whole Akash, which has a very low unit price. It is priced at small units, so a small INR order buys many tokens. The exact per-order minimum is shown on CoinDCX order screen before you confirm.
Yes. Because AKT is low unit price, you can start with as little as ₹100. Open the app, search for Akash Network, tap Buy, enter the rupee amount, and confirm. The order fills at the live rate shown on screen.
AKT trades directly against the rupee on FIU-IND registered Indian exchanges, so no stablecoin conversion is needed. Judge any venue on three points: FIU-IND registration under the PMLA, a direct INR pair, and published custody practices such as cold storage and Proof of Reserves.
Buying and holding AKT is not taxed. Selling or swapping your tokens triggers a flat 30% tax plus 4% cess on profits, resulting in an effective tax rate of 31.2% under the Income-tax Act, 2025. Additionally, a 1% TDS is deducted from the total trade value upon transfer under Section 393(1) of the Act. Crypto losses cannot be set off against other income. Report gains in Schedule VDA and confirm your position with a chartered accountant.
Akash stands out for having a real, leading decentralised cloud marketplace, genuine token utility, and a burn system that ties usage to the token. Against that, it still issues more tokens than it burns, its marketplace often has spare capacity, its revenue can be lumpy, and it faces heavy competition, so success depends on real adoption. Weigh both sides against your own goals and risk tolerance, and treat any decision as your own.
Running websites, apps, and especially AI models needs a lot of computing power, which is usually rented from a few large cloud companies. Akash builds an open marketplace where anyone with spare server or graphics-chip capacity can rent it out, and anyone who needs computing can bid for it, often at a much lower cost. It focuses heavily on graphics chips for AI, aiming to be a cheaper, decentralised alternative to the big cloud providers, with the AKT token used to pay for and secure the marketplace.
AKT is used to pay for computing, to stake and help secure the network in return for rewards, and to vote on governance. Its newer system converts payments into AKT and burns them, which is meant to reduce supply as usage grows and link the token’s value to real demand for computing. Importantly, at current usage levels the network still creates more new AKT through staking rewards than it burns on most days, so the supply is still growing overall, which is a key point for anyone weighing the token.
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