Cryptocurrency Q&A
What is the largest crypto exchange in India?
What is the largest crypto exchange in India?
KimonoElegance
Thu Jul 11 2024
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7 answers
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I'm curious to know, what is the largest cryptocurrency exchange operating in India? With the rapid growth of digital currencies globally, it's natural to assume that there's a leading platform catering to the needs of Indian investors and traders. Could you elaborate on the key characteristics that define this exchange, such as its market share, user base, trading volumes, and perhaps even the range of cryptocurrencies it supports? Additionally, I'm interested in knowing if there are any regulatory considerations or unique challenges that this exchange faces in the Indian market.
7 answers
Riccardo
Sat Jul 13 2024
CoinDCX takes the third spot with a 6.6% market share, maintaining a steady presence in the Indian crypto ecosystem.
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BlockchainLegend
Sat Jul 13 2024
This remarkable figure speaks volumes about the popularity and trust that Bitbns enjoys among Indian crypto enthusiasts.
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Daniela
Sat Jul 13 2024
Furthermore, Bitbns boasts an impressive annual trading volume of $6.52 billion for the past year, indicating its significant influence in the market.
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Lorenzo
Sat Jul 13 2024
According to recent insights from CoinGecko, the Indian crypto landscape reveals a clear dominance of one exchange.
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Ilaria
Sat Jul 13 2024
Following closely behind is WazirX, which holds a respectable 11.1% market share.
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