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Simple Steps to Buy Tellor with CoinDCX
Tellor (TRB) is a decentralised oracle that brings real-world data onto the blockchain for smart contracts. You can buy Tellor in India in INR on CoinDCX and trade in a market that stays open 24/7.
Check how much TRB you can buy with your amount in INR
You get 0.000025 BTC for ₹ 100
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Tellor (TRB) is a decentralised oracle, launched in 2019, bringing real-world data, such as price feeds, onto the blockchain for smart contracts. Anyone can become a reporter by staking TRB and submitting data; false data can be disputed and the stake taken. TRB is used to stake, pay for data, and vote. Tellor has a small share of the oracle market, and TRB is volatile, known for a dramatic 2023 surge and crash.
TRB is small, volatile, and has a growing supply, so treat it as high-risk. In India, TRB is treated as a Virtual Digital Asset (VDA) under the Income-tax Act, so you can legally buy, hold, and sell it. Invest only an amount you are comfortable losing.
FIU-IND registration, ISO/IEC certification, and offline cold storage help keep customer assets secure.
Trade TRB anytime, with UPI and IMPS deposits typically credited within minutes.

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

TRB is known for very sharp swings, including a dramatic surge and then crash in late 2023, and it now trades far below its all-time high. Do not assume such spikes will repeat, and be ready for large moves.

Tellor has only a small share of the oracle market, which is dominated by a much larger rival. Its long-term value depends on winning real usage in a competitive field.

Its supply grows over time as new TRB is created for rewards, and its staking and dispute system is complex and higher-risk for participants. Research all of this before you invest in Tellor.
Follow these 4 simple steps to start investing in Tellor (TRB) in India:
Create your account and complete KYC.
Transfer INR via UPI, IMPS, NEFT or RTGS.
Open the TRB market and check the live price.
Enter the INR amount and confirm your order.
Before buying TRB, add INR to your CoinDCX account via UPI, IMPS, NEFT, or RTGS.
Yes. Tellor (TRB) 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 Tellor for the first time, sign up on CoinDCX, complete KYC with your PAN and Aadhaar, deposit INR through UPI or IMPS, then open the TRB 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 TRB market, enter your INR amount, and confirm. UPI deposits are usually credited within minutes.
You do not need to buy a whole TRB, which costs a large amount per token. It supports fractional investing, so a small INR order buys a fraction of a token. The exact per-order minimum is shown on the CoinDCX order screen before you confirm.
Yes. Even though one TRB costs far more than ₹100, the token is divisible, so ₹100 buys a small fraction. Open the app, search for Tellor, tap Buy, enter the rupee amount, and confirm at the live rate shown.
TRB can be bought 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 TRB 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.
Tellor has a real oracle product, genuine decentralisation, multi-chain reach, and clear token utility. Against that, it is a niche player with a small market share, its token is extremely volatile and trades far below its high, its supply is inflationary, and its mechanism is complex. This makes it a high-risk, speculative asset, so research it in full, be sceptical of hype, and treat any decision as your own.
Blockchains cannot directly see outside data, like the price of Bitcoin or the result of a match, yet many smart contracts need that information. An oracle is a service that feeds such real-world data onto the blockchain. Tellor does this in a decentralised way: independent reporters stake tokens and submit data, and anyone can challenge a wrong answer, so no single company controls the feed.
People who want to supply data stake TRB as a deposit and earn rewards, but if they report false data and lose a dispute, part of their stake is taken and given to the challenger. This is an active, higher-risk role and is separate from simply buying TRB on an exchange. TRB has a relatively small supply of a few million tokens, but new tokens are minted over time as rewards, so the supply gradually grows.
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