Crypto and digital assets, made understandable for India.
Encume explains how this new money works, what it costs you in tax, and where the risks are. For founders, it builds the token models and documents that hold up to scrutiny.
Crypto ki baat, bina hype ke.
Short, plain-English guides for people who want to understand crypto before they put money into it. Written by a Chartered Accountant.
- How crypto is taxed in India, with a worked example
- A safety check before your first purchase
- How to spot a scam, and what to do if you're hit
Building in Web3?
Tokenomics models, whitepapers, market research and licensing documents for projects that need to survive investor and regulator due diligence.
- Token design, from allocation to treasury runway
- Whitepapers and investor decks
- Exchange and fund licensing documentation
Founded by Kshitij Chitransh, Chartered Accountant. He has worked across Macquarie and HSBC, and currently works with Barclays.
Why Encume
The business behind the content, and the rules it holds itself to.
Most crypto content in India sells either excitement or fear. Encume exists to explain how the system actually works, so you can decide for yourself.
Explain, don't sell
Guides teach you how to judge an asset. They never tell you which one to buy.
Risk next to reward
Every upside gets its downside in the same paragraph, including tax, scams and volatility.
Grounded in India
Indian tax law, Indian platforms, rupee examples, and the questions people here actually ask.
How crypto is taxed in India
The 30% rule, the 1% TDS, why losses don't help you, and a worked example you can check with a calculator.
Read the guideBefore you buy your first crypto
A practical safety check for first-time buyers in India, from choosing a platform to keeping your records.
Read the guideHow to spot a crypto scam
The patterns behind most crypto frauds in India, and the checks that catch them before you pay.
Read the guideHow to read a token's tokenomics in ten minutes
Supply, unlocks, emissions and demand. Four questions that show whether a token's economics make sense.
Read the guideGet new guides as they come out
One email when a new guide or explainer goes up. No tips, no token promotions. Add a WhatsApp number if you’d rather hear there once that channel opens.
- whitepapers written
- 15+
- whitepapers written
- tokenomics models built
- 20+
- tokenomics models built
- raised by projects I contributed to
- $10M+
- raised by projects I contributed to
- rating on every reviewed Upwork engagement
- 5.0
- rating on every reviewed Upwork engagement
Tokenomics models, whitepapers, market research and licensing documents for exchanges, fund managers and token projects in India, Singapore, Hong Kong, the Bahamas and the UK.
Selected work
Open the work libraryAll nine case studiesCustody policy and AML/KYC framework for a digital asset custodian
An institutional custody policy and AML/KYC/CFT addendum for a Fireblocks-based custody and settlement setup, written to be handed to a regulator.
iVest Club: research for an India and Asia crypto product launch
A bilingual survey of Indian retail investors and the strategy report that reshaped the product’s messaging and membership tiers.
NexusFTx: exchange licensing stack for Hong Kong and the Bahamas
Business plans, a financial model and AML/CFT controls for a crypto exchange applying for licences under Hong Kong’s SFC regime and the Bahamas DARE Act.
What Encume doesn't do
Knowing this protects you from people who misuse the name.
- Give personal advice on what to buy, sell or hold
- Manage portfolios or invest money on your behalf
- Hold your crypto or ask you to send funds
- Promise or guarantee any return
If anyone claiming to be Encume asks you to invest or share account details, it isn't us. Report it at cybercrime.gov.in or call 1930.