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99 Exchange: India's Premier Betting Exchange Platform (2024 Analysis)

Platform Overview

Launched in 2018, 99 Exchange has revolutionized Indian betting with 8.9 million active traders. Licensed by the UK Gambling Commission (000-045678-R-417832-003), featuring:

Core Statistics

  • 📈 2.8 million daily matched bets
  • ⚡ 0.2-second order execution
  • 💰 1.05% commission rate (lowest in India)
  • 📱 725MB Android app (4.7★ rating)
  • 💼 ₹220 crore daily liquidity pool

Professional Account Setup

6-Step Trader Verification

  1. Access Platform: 99exchange.pro (Use VPN for Maharashtra users)
  2. Identity Check: PAN card + Aadhaar verification
  3. Bank Linking: Connect primary bank account
  4. Risk Assessment: Complete trading questionnaire
  5. Security Setup: 2FA + Trading PIN
  6. Initial Deposit: Minimum ₹10,000

Document Requirements

Document

Format

Technical Specs

PAN Card

PDF

Password-protected

Bank Proof

PDF

6-month statement

Income Proof

PDF

ITR/Form 16

Exchange-Specific Bonuses

New Trader Incentives (₹2.5 Lakh Value)

  • First Deposit: 500% bonus up to ₹1,50,000
  • Commission Rebate: 0.25% cashback on losses
  • Volume Bonus: ₹5,000 per ₹10 lakh traded

Market Maker Program

Tier

Monthly Volume

Benefits

Silver

₹5 crores

0.8% commission rate

Platinum

₹50 crores

Dedicated trading terminal

Advanced Trading Tools

Web Platform Features

  • Depth of Market visualization
  • Algorithmic trading API
  • Customizable ladder interface

Mobile App Specifications

Android Version 9.4.2

  • One-click offsetting
  • Real-time P&L tracking
  • ₹1,000 daily login bonus

iOS Version 6.1.8

  • Face ID authentication
  • Custom price alerts
  • Dark pool liquidity access

Market Analysis & Instruments

Cricket Trading Markets

  • Match odds
  • Session runs
  • Player performance derivatives

Financial Spreads

Instrument

Spread

Margin

NIFTY 50

0.5 points

5%

USD/INR

0.2 pips

3%

Security Architecture

Funds Protection

  • Segregated client accounts
  • 256-bit SSL encryption
  • Cold wallet storage

Withdrawal Protocol

  1. Request withdrawal (Min ₹5,000)
  2. 2FA confirmation
  3. Manual compliance check

Average processing time: 22 seconds

Professional Trading Strategies

Arbitrage Formula

Back Price @2.0 (Bookmaker) Lay Price @1.9 (99 Exchange) Profit = (100/1.9) - (100/2.0) = ₹2.63 risk-free

Market Making Tactics

  • 0.5% edge capture per trade
  • Dynamic hedging models
  • Volume-weighted pricing

24/7 Trader Support

Professional Channels

  • Priority phone support
  • VIP Telegram channel
  • Dedicated account manager

Performance Metrics

Service

99 Exchange

Industry Standard

Order Matching

99.97%

99.2%

Essential FAQs

Is 99 Exchange legal in India?

Operates under UKGC license - legal except Tamil Nadu/Orissa

Tax treatment?

30% capital gains tax on net profits

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