Tech-savvy generation of youth who are keen on understanding the crypto world and utilizing it as a mode of investment is propelling the market growth and the adoption of virtual currencies in India: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now Increasing Adoption of Cryptocurrencies in India With increasing tech-savvy generation who are well-aware, keen and is taking initiatives such as going through courses and sessions provided by the various crypto exchange platforms to understand the crypto world are driving the market. This is leading to the more awareness and adoption of virtual currencies in the country as they are becoming the convenient choice of a lot of users as a mode of investment. Surge in women participation in virtual currencies related activities and using it as a mode of investment has been witnessed fueling the popularity of cryptocurrencies in the country. The Market witnessed the growth post quashing of Ban by the Supreme Court The Reserve Bank of India imposed a blanket ban on all the virtual currencies in the market through BCRODC Bill 2019, which made traders petrified, and they became sceptical for investing in cryptocurrencies. After two years, the Supreme Court overruled the ban on trading of cryptocurrencies allowing all the trading activities related to virtual currencies. Post upliftment of ban the crypto exchange platforms has witnessed boost in the number of users of cryptocurrency and also the amount of money traded. There were a number of companies, which started offering solutions for an easier trading of the currency like TCS’s Quartz Solution for Crypto. Mumbai based cryptocurrency exchange platform WazirX recorded a rapid growth in the amount of trading done using cryptocurrency in India. Impact of COVID-19 In 2020, crypto exchange industry experienced a temporary downfall owing to the collaboration of confusion created by Indian government regarding the ban of cryptocurrencies by circulation of BCRODC Bill 2019 which made buyers skeptical fueled by Covid-19 in the beginning. Though Supreme Court lifted the ban in March 2020, people were still in state of confusion about the current status of virtual currencies in India and with that spread of Covid-19 led to countrywide lockdown which was imposed in the mid-march, people became petrified to new circumstances and took time to adjust. During the initial stage of lockdown people started saving their assets to sail through the unforeseen condition which led to detachment from the crypto world. When lockdown continued for more than ten months people became accustomed to it and started looking ways for investments by end of 2020. A massive growth is seen in the year 2021 as cryptocurrency became an obvious choice of investment for a lot of users. Crypto jumped because of the money that flooded the markets, and the stimulus that was given to the economies due to shutdowns, which also lead to K-Shaped recovery. Competitive Landscape in the Indian Crypto Exchange Market Indian Crypto Exchange market is concentrated among 12-15 players. Several crypto exchange startups in India are gaining traction due to the growing appetite for underinvested crypto assets ranging from the most popular Bitcoin and Ethereum to not-so-familiar tokens like dogecoin, ripple, litecoin and more. CoinDCX became the first crypto unicorn in India valued at $1.1 Billion in 2021; it has integration with international exchanges such as Huobi, Binance. WazirX is leading crypto exchanges in India in terms of crypto transactions (24 hrs) and weekly visits. Crypto Exchange Platforms in India compete on the basis of user-friendly interface, easy and quick KYC norms, advertisement, wide range of investment options they offer and low transaction fees. One of the major competition parameters is the privacy protection, high liquidity, funding and service diversification such as wallet options, using virtual currencies as mode of payment for buying goods/services instead of fiat currency provided by the crypto exchange platforms to their users. The ease of trading and user-friendly interface of Indian crypto exchange platforms which are built in accordance to the requirement of country resident attributes for the highest market share of domestic exchanges in India as compared to the international exchanges. With the crypto exchanges and other companies coming together to lobby for clarity and regulation, India may soon witness the introduction of a new asset class and a decentralized innovation structure powered by crypto. The publication titled “Indian Crypto Market Outlook to 2027: Driven by growing adoption of cryptocurrencies, with high liquidity, proper risk management facilitated by Indian crypto exchange platforms” provides a comprehensive analysis of the crypto exchange industry in India. The report covers various aspects including crypto exchange industry market size on the basis of revenue, market overview, genesis of the market, market potential, value chain analysis of centralized and decentralized exchanges, ecosystem, business model of leading crypto exchanges, growth drivers, issues and challenges, SWOT analysis, major trends and developments, role of government, regulation and tax implications, investment analysis, merger and acquisitions in the last 3 years, segmentation by funding rounds, segmentation by type of institutional investors, segmentation by origin of funding source and impact of COVID-19. Insights on competitive landscape of crypto exchange industry, company profile of major players along-with cross comparison between leading crypto exchange platforms operating in the ecosystem on the basis of company overview, number of employees, revenue generated, number of registered users, country of origin, revenue model, fee structure, key features, strengths, weaknesses and recent developments is also covered in the report. Further report also focuses on the Indian Crypto Exchange Market Segmentation by By Origin of Company, By Type of Transaction, By Geographic Region, By Age Group of Users, By Type of Cryptocurrency. Indian Crypto Exchange Market report concludes with projections for the future of the industry including forecasted industry size by revenue by 2026, and analysts’ take on the future highlighting the major opportunities. Key Segments Covered in Indian Crypto Exchange Industry Indian Crypto Exchange Market By Origin of Company Domestic International By Type of Transaction Regular Peer to Peer By Geographic Region Northern Southern Eastern Western By Age Group of Users Below 20 years Between 20-40 years Between 40-60 years Above 60 years By Type of Cryptocurrency Bitcoin Ethereum Cardano Tether Binance Coin-USD Polygon Segmentation of Funding rounds by – Seed Stage, Early Stage, Growth Stage,2019-2021 Segmentation of funding, by type of institutional investors – VC & PE Funds and Angel Investors,2019-2021 Segmentation of Funding by Origin of Funding Source, Entry of International Exchanges,2019-2021 Indian Crypto Demand Side: End User Analysis Target Addressable Market, Service Addressable Market and Service Obtainable market in the Indian Crypto Exchange Industry Key Target Audience Crypto Exchange Platforms Investors such Venture Capitals and Angel Investors Traders Banking Institutions Regulatory Bodies Potential Crypto users Request for Sample Report @ https://kenresearch.com/sample-report.php?Frmdetails=NTc0NDIz Time Period Captured in the Report: Historical Period: FY’18-FY’22 Forecast Period: FY’22-FY’27F Indian Crypto Exchange Industry Players/Ecosystem Indian Crypto Exchanges CoinDCX ZebPay WazirX CoinSwitch Kuber Unocoin BuyUCoin Bitbns Giottus Flitpay Belfrics in PCEX Member Non-Indian Exchanges Binance Okx Coinbase Kraken Bitfinex Bitstamp Vauld Coinmama Coinstore Key Topics Covered in the Report Overview and Genesis of Indian Crypto Exchange Market Market Potential of Indian Crypto Exchange Market. Ecosystem of Major Entities in Cryptocurrency Exchange Market Value Chain Analysis of Centralized Exchanges Value Chain Analysis of Decentralized Exchanges Business Models of Major Indian Crypto Exchange Indian Crypto Exchange Market Size on the basis of Revenue and Total Transaction Value Indian Crypto Exchange Market Segmentation (By Origin of Company, By Type of Transaction, By Geographic Region, By Age Group of Users, By Type of Cryptocurrency) Domestic Consumer Demographics: Age group, Gender and Occupational Domains Consumer Perception: User-Interface, Customer Experience and Delighters Preference for P2P Vs Regular Transaction model for Cryptocurrencies in India Trends and Developments in the End User Preferences in the last 5 years Growth Drivers of the Indian Crypto Exchange Market Issues and Challenges Role of Government in the Indian Crypto Exchange Market Regulations and Tax Implications in the Indian Crypto Exchange Market SWOT Analysis Start-Ups (Split by Year of Formation) across Indian Crypto Exchange Market and Other Ecosystem Players Segmentation of Funding rounds by – Seed Stage, Early Stage, Growth Stage Segmentation of funding, by type of institutional investors – VC & PE Funds and Angel Investors Segmentation of Funding by Origin of Funding Source, Entry of International Exchanges Investment Analysis of the Indian Crypto Exchange Market, Mergers and Acquisitions in the last 3 years within the Indian Crypto Exchange Market Cross comparison of major players in the Indian Crypto Exchange Market (Year of Establishment, Number of Employees, Revenue Generated, Number of Registered users, Country of Origin) Company Profile of leading Indian Crypto Exchange Platforms (Company Snapshot, About the Exchange, Revenue model, Fee structure, Key Features, Strength, Weakness, Recent Developments and Key Takeaways) Impact of Covid-19 on the Indian Crypto Exchange Market Target Addressable Market, Service Addressable Market and Service Obtainable Market in Indian Crypto Exchange Industry Analyst Recommendations Industry Speaks For more information on the research report, refer to below link: Indian Crypto Market Issues and Challenges Related Reports Global Cryptocurrency Market by Market Capitalization of Major Cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash, Ripple, Dash, Litecoin, Monero, NEM and Others), by Mining Facilities and by Use of Bitcoin – Outlook to 2022 USA Blockchain Enabled Record Issuing Platform Market – A Technology Disruptor in Record/Certificate Issuing and Managing Blockchain in Healthcare – Thematic Research Follow Us – LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Belfrics Crypto Exchange Market, Binance Crypto Exchange Market, Bitbns Crypto Exchange Market, Bitfinex Crypto Exchange Market, Bitstamp Crypto Exchange Market, Business Models of Major Indian Crypto Exchange, BuyUCoin Crypto Exchange Market, by type of institutional investors, Coinbase Crypto Exchange Market, CoinDCX Crypto Exchange Market, Coinmama Crypto Exchange Market, Coinstore Crypto Exchange Market, CoinSwitch Kuber Crypto Exchange Market, Company Profile of leading Indian Crypto Exchange Platforms, Competitive Landscape of Indian Crypto Exchange Market, Consumer Perception: User-Interface, Covid-19 Impact India Rapid IVD Kits Industry, Covid-19 Impact Indian Crypto Market, Covid-19 Impact Indian Crypto Market Business Opportunities, Cross comparison of major players in the Indian Crypto Exchange Market, cryptocurrency in india legal, cryptocurrency in indian rupees, cryptocurrency list, cryptocurrency news in india, cryptocurrency news in india hindi, cryptocurrency price, cryptocurrency tax in india, Customer Experience and Delighters, Domestic Consumer Demographics: Age group, Ecosystem of Major Entities in Cryptocurrency Exchange Market, Flitpay Crypto Exchange Market, Future Outlook of Indian 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