Indian Crypto Exchange Industry Research Report, and Market Size, Share, Growth, by Geographic Region, Type of Transaction, By Type of Cryptocurrency, and Competition Analysis: 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 Overview Of Indian Crypto Exchange Industry and Market Size Indian Crypto Exchange market was valued at ~XX INR Crore in 2021, expanding at a CAGR of XX% in between FY’17 and FY’22 on the basis of revenue generated with massive expansion in the adoption of cryptocurrencies as the mode of investment due to rising industry valuation, an influx of new investors and the emergence of crypto exchange startups going beyond the typical crypto exchange model. The primary factors driving the market growth is the emergence of distributed ledger technology, rising traction in the area of digital investments by venture capitals and utilization of virtual currencies with integration of blockchain technology to attain decentralization, controlled, secured and efficient transactions. Cryptocurrency as a cross-border payment medium will make a big difference in the Indian market. Due to great remittance demand, it will drive the prosperity of digital currency growth in India for a long time. Since cross-border transactions traditionally carry high fee using bitcoin or other cryptocurrencies as a cross-border payment medium, Indians can save a large number of remittance fees. Surging adoption of cryptocurrencies post COVID-19 is also contributing in the growth of crypto exchange market by increasing their userbase. 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 the ban was lifted in March 2020 by Supreme Court, 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. Since they wanted to make money, and traditional businesses were suffering during covid. Covid that way, has helped the IT sector as well as the digital money aspect. 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. Overview Of Indian Crypto Exchange Industry and Market Size 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. However, in coming years despite the regulatory uncertainty and the speculated ban on cryptos in general, international crypto exchanges are eyeing a piece of the Indian crypto market, either through independent operations or through acquisitions. In essence, the crypto industry has a lot more potential to flourish across the country if its pain points can be resolved fast, paving the path for a robust, decentralized financial ecosystem. 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. Indian Crypto Exchange Market Segmentation, Fy’22 By Origin of Company: Domestic Crypto exchange companies accounted for the highest market share of XX% as compared to the international crypto exchange platforms on the basis of revenue generated in the year 2021. Attributed to the ease of trading through domestic platforms as compared to foreign companies where for trading direct monetary fund’s cannot be used. By Geographic Region: Southern and western region dominated the Indian crypto exchange market with a combined share of ~XX% on the basis of revenue contribution in 2021. Attributed to the high literacy rate in these regions resulting in aware, educated and tech savvy youth driving the crypto market By Type of Transaction: Regular method of transaction for cryptocurrencies accounts for the highest market share of XX% as compared to the peer-to-peer transaction in the year 2021. Regular mode of transaction is more preferred by the traders as they provide anonymity and privacy protection with safe and secure transaction By Age Group of Users: Indian who are most likely interested in trading and cryptocurrency market are aged between 20-40 years accounting for highest market share of XX% in 2021. With an easy access to internet, this tech savvy generation has started to take initiatives to have a strong understanding of cryptocurrency market and its benefits. By Type of Cryptocurrency: The Bitcoin has maximum dominance in the cryptocurrency market with highest market share of XX % & market capitalization XXXX INR Crore in 2021. Owing to the popularity of bitcoin among users and increased participation from women in bitcoin investments drives the dominance of bitcoin in 2021. Request for Sample Report @ https://kenresearch.com/sample-report.php?Frmdetails=NTc0NDIz Competitive Landscape of Indian Crypto Exchange Market, 2021 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. However, in coming years despite the regulatory uncertainty and the speculated ban on cryptos in general, international crypto exchanges are eyeing a piece of the Indian crypto market, either through independent operations or through acquisitions. In essence, the crypto industry has a lot more potential to flourish across the country if its pain points can be resolved fast, paving the path for a robust, decentralized financial ecosystem. 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. For more information on the research report, refer to below link: Investment Analysis of the Indian Crypto Exchange Market 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 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 Crypto Exchange Market, Gender and Occupational Domains, Giottus Crypto Exchange Market, Government Regulations in Indian Crypto Exchange Market, Growth Drivers of the Indian Crypto Exchange Market, Impact of Covid-19 on the Indian Crypto Exchange Market, India Rapid IVD Kits Industry Analysis, Indian Crypto Exchange Market Analyst Recommendations, Indian Crypto Exchange Market Future, Indian Crypto Exchange Market Future Outlook, Indian Crypto Exchange Market Industry Analysis, Indian Crypto Exchange Market Segmentation, Indian Crypto Exchange Market Size, Indian Crypto Exchange Market SWOT Analysis, Indian Crypto Exchange Market Trends and Developments, Indian Crypto Exchanges, Indian Crypto Market, Indian Crypto Market Analysis 2022-2027, Indian Crypto Market Competition, Indian Crypto Market Demand, Indian Crypto Market Forecast, Indian Crypto Market Forecast 2021–2027, Indian Crypto Market Future Outlook, Indian Crypto Market Issues and Challenges, Indian Crypto Market Major Players, Indian Crypto Market Research Report, Indian Crypto Market Revenue, Indian Crypto Market Trends and Developments, indian cryptocurrency, Investment Analysis of the Indian Crypto Exchange Market, Issues and Challenges in the Indian Crypto Exchange Market, Kraken Crypto Exchange Market, Market Potential of Indian Crypto Exchange Industry Ecosystem of Major Entities in Cryptocurrency Exchange Market, Market Potential of Indian Crypto Exchange Market, Market Size of Crypto Exchange Industry, Mergers and Acquisitions within the Indian Crypto Exchange Market, Non-Indian Crypto Exchanges, Okx Crypto Exchange Market, Overview and Genesis of Indian Crypto Exchange Market, PocketBits.in Crypto Exchange Market, Preference for P2P Vs Regular Transaction model for Cryptocurrencies in India, Regulations and Tax Implications in the Indian Crypto Exchange Market, Role of Government in the Indian Crypto Exchange Market, Segmentation of funding, Segmentation of Funding by Origin of Funding Source, Segmentation of Funding rounds in Crypto Market, Service Addressable Market in Indian Crypto Exchange Industry, Service Obtainable Market in Indian Crypto Exchange Industry, Start-Ups (Split by Year of Formation) across Indian Crypto Exchange Market, SWOT Analysis of the Indian Crypto Exchange Market, Target Addressable Market in Indian Crypto Exchange Industry, Trends and Developments in the End User Preferences in the last 5 years, Unocoin Crypto Exchange Market, Value Chain Analysis of Centralized Exchanges, Value Chain Analysis of Decentralized Exchanges, Vauld Crypto Exchange Market, WazirX Crypto Exchange Market, ZebPay Crypto Exchange Market