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Simple Steps to Buy Data Network Coin with CoinDCX

Data Network (DATA) powers on-chain data verification and IP licensing for AI models. Buy DATA on CoinDCX and trade seamlessly in a market open 24/7.

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2:00 AM • 13 October 2026 (IST)

What is Data Network (DATA)?

Data Network launched in 2024, founded by Seung-Yoon Lee and Jason Zhao as Story Protocol. It operates as a Layer-1 blockchain providing verifiable on-chain data tracking and IP provenance. The network is primarily used by creators and AI developers to register, license, and monetize datasets. 

As of September 2026, DATA ranks among prominent Web3 data infrastructure protocols with growing developer adoption. What sets Data Network apart is its automated licensing logic and deflationary fee-burning mechanism.

Why Buy Data Network (DATA) in India?

  • Returns: DATA attracts active market interest driven by growing enterprise demand for verifiable AI training data.
  • Market Cap: Data Network represents an established blockchain data infrastructure and IP registry protocol.
  • Direct INR Access: You can buy Data Network coin with INR on CoinDCX using its supported INR deposit and trading options.
  • Liquidity: DATA maintains consistent trading volume across global and domestic markets, supporting smooth order execution.
  • Use Case: The token pays for dataset registrations, secures validator staking, and enables governance participation.
  • Best For: Investors seeking exposure to decentralized AI infrastructure, data provenance, and IP tokenization.
  • Start Small: Fractional investing allows Indian investors to begin building allocations with as little as ₹100.

Why Buy DATA on CoinDCX?

Reliability and Security

FIU-IND registration, ISO/IEC certification, and offline cold storage help keep customer assets secure.

24/7 Accessibility

Trade anytime with quick deposit rails like UPI and IMPS credited within minutes.

User-Friendly Interface

Intuitive charts, transparent order books, and real-time execution make trading effortless.

Key Considerations Before Buying Data Network (DATA)

Rebrand Verification

The protocol transitioned from Story Protocol (IP) to Data Network (DATA), requiring contract verification.

Market Volatility

DATA is an emerging infrastructure asset subject to substantial market price fluctuations.

Prioritise Security

Turn on app-based two-factor authentication, and confirm the exact token and ticker before you place your order.

How to Buy DATA in India with CoinDCX

Follow these 4 simple steps to start investing in Data Network (DATA) in India:

1

Sign Up

Create your account and complete KYC.

2

Add Funds

Transfer INR via UPI, IMPS, NEFT or RTGS.

3

Select Data Network (DATA)

Open the DATA market and check live rates.

4

Confirm Your Purchase

Enter the INR amount and confirm your order.

Tips for Buying Data Network (DATA) Safely

How to Add Funds to your CoinDCX Account:

Before buying DATA, add INR to your CoinDCX account via UPI, IMPS, NEFT, or RTGS.

  1. Tap on Add Funds in your app.
  2. Enter the amount you wish to transfer.
  3. Choose Net Banking, IMPS or UPI, as your payment method.
  4. Copy the provided bank account details displayed on the screen.
  5. Add this as a beneficiary in your banking app to make the transfer.
  6. After payment, copy the Transaction ID from your banking or UPI app.
  7. Return to the CoinDCX app, paste the Transaction ID, and hit Submit.

FAQs

Yes, buying and holding Data Network is legal in India. The government classifies crypto coins as Virtual Digital Assets rather than legal tender. Indian investors can freely trade them on platforms registered with FIU-IND that comply with domestic KYC regulations, anti-money laundering standards, and applicable local tax laws.

To buy DATA for the first time, sign up on an FIU-IND registered exchange that lists the token and follow the steps suggested on the platform.

Data Network is currently available in USDT but not in INR on CoinDCX. Stay tuned for updates on when you can buy Data Network in INR on our platform.

Add INR to your crypto exchange app by choosing UPI as the payment method, entering the amount, and approving the request in your UPI app. Once the balance reflects, open the DATA market, enter your INR amount, and confirm.

Data Network is currently available in USDT but not in INR on CoinDCX. Stay tuned for updates on when you can buy Data Network in INR on our platform.

You do not need to buy an entire DATA token. Crypto tokens are divisible, allowing you to invest through fractional investing. On supported Indian exchanges, the minimum investment amount depends on platform order limits, often allowing buyers to start with as little as 100 rupees.

Yes, you can invest 100 rupees in Data Network on exchanges that support small minimum transactions. Because DATA supports fractional purchases, a 100-rupee order allows you to acquire a portion of a token. This makes it convenient for beginners to enter the market without risking significant capital.

Data Network can be purchased on FIU-IND registered crypto exchanges that support the token. Always choose an exchange that provides transparent custody, ISO/IEC certification, reliable banking rails, and published Proof of Reserves rather than relying solely on brand marketing.

Buying and holding DATA 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.

Data Network offers innovative infrastructure for on-chain data provenance and intellectual property management. However, its long-term value depends on real enterprise AI adoption, and it carries standard crypto volatility. You should evaluate your personal risk tolerance, verify the current token ticker, and conduct thorough research before investing.

Data Network functions as a specialized Layer-1 blockchain for registering, licensing, and managing data and intellectual property on-chain. It creates verifiable provenance records for training datasets, enabling creators to set programmable licensing terms and monetize their content while allowing AI developers to access compliant data.

The project rebranded from Story Protocol to Data Network to expand its focus beyond creative media to broader enterprise data assets and AI training pipelines. For investors, this rebrand matters because it introduced the DATA token, requiring buyers to verify active contract addresses and avoid outdated ticker listings.

CoinDCX is considered one of the leading platforms in India, with FIU-IND registration under the PMLA, ISO/IEC certification, direct INR funding via UPI, IMPS, NEFT and RTGS, and published Proof of Reserves. Data Network is currently available in USDT but not in INR on CoinDCX. Stay tuned for updates on when you can buy Data Network in INR on our platform.

Enable two-factor authentication on your trading account and use a unique, strong password. If you move your tokens off the exchange to a self-custody Web3 wallet, write down your recovery seed phrase offline and store it in a secure, private location.

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