Crypto Truth: Inocyx CEO Mohanbabu Exposes Bitcoin, Scams & India's 30% Tax| Cheran Academy Podcast

00:00 — Introduction: Who Is Mohanbabu Velusamy & What Is Inocyx? 02:30 — The Grandparent Test: What Is Crypto In 30 Seconds? 06:00 — The Value Question: Who Promises Bitcoin Is Worth Lakhs? 09:30 — Crypto vs UPI: If PhonePe Works, Why Do We Need Crypto? 13:00 — What Are You Actually Holding When You Buy Crypto? 16:30 — Mining Explained: What It Is & Why It Burns Electricity 20:00 — SCAMS SECTION: How To Instantly Spot A Crypto Fraud 24:00 — The Missing Password: Lose Your Wallet Key, Lose Everything? 27:30 — Fake Exchanges: How To Know If The App Is Real Or A Trap 31:00 — Blockchain Is Unhackable — So Why Do Hacks Keep Happening? 34:30 — INDIA SECTION: Is Crypto 100% Legal In India In 2026? 38:00 — The Tax Nightmare: 30% Tax + 1% TDS — Is Crypto Only For The Rich? 41:30 — The Ban Fear: Can Government Wipe Out Your Investment Overnight? 44:00 — The Rollercoaster: Why Is Crypto So Volatile vs The Stock Market? 47:00 — The Chaiwala Question: Will We Ever Pay For Tea Using Bitcoin? 49:30 — Inocyx Origin Story: Why India Needed Its Own Crypto Exchange 52:00 — The Mother Test: Can A WhatsApp-Only User Buy Crypto On Inocyx? 54:00 — The Final Advice: 3 Golden Rules For A 22-Year-Old Starting With ₹5,000 56:00 — Closing: Where To Find Inocyx & What's Coming Next Is crypto legal in India? Will the government ban it overnight? Can you lose everything if you forget your password? And why does a tweet from Elon Musk crash an entire market? In this episode of the Cheran Academy Podcast, we sit down with Mohanbabu Velusamy — CEO and Co-founder of Inocyx, India's first STPI-incubated and FIU-registered crypto exchange — for a no-jargon, zero-fluff breakdown of everything the common Indian needs to know about cryptocurrency. Enquirycheranacademy Cheran 18:31 (0 minutes ago) to me Contact Inocyx Support team: +91 89258 92003 Inocyx is a leading FIU-IND registered and STPI-incubated cryptocurrency exchange in India. We invite you to explore our ecosystem and portfolio through the links below 👇 📱 Download the Inocyx App: ▶️ Play Store: https://play.google.com/store/apps/details?id=com.application.inocyx&pcampaignid=web_share ▶️ App Store: https://apps.apple.com/in/app/inocyx-buy-trade-crypto/id6444437433 🌐 Website: www.inocyx.com We cover: What crypto actually is and why it has value. Why India's 30% tax and 1% TDS is hurting the middle-class investor. How to instantly spot a crypto scam on Telegram and Instagram. Whether blockchain is actually unhackable. What happens when you lose your wallet password. And how Inocyx is building a platform where even your mother can buy her first ₹500 of Bitcoin safely. This is not a promotion. This is an interrogation. Every hard question, answered.