Cross-border remittances act as a catalyst in the Indian Crypto Exchange Market – How will it drive the prosperity of digital currency growth in India? Ken Research The young (20-40 years) demographic primarily forms the largest chunk of the investor base engaging in cryptocurrency transactions. 1. Domestic Crypto Exchange companies capture the major segment of the market accounting for about 70% to 80% in 2021; attributed to growing number of domestic start-ups Click to Read Full Article: Indian Crypto Exchange Market Domestic… Read More »
Indian Crypto Exchange Market is expected to expand at a CAGR of around 30% by 2027- What will lead to India’s crypto growth? Ken Research Average Transaction Value for Cryptocurrency Investments per Month in India is about 9000 INR. Total addressable market (TAM), is estimated based on yearly salary of those trading/investing in cryptocurrencies which is considered to be > 5,00,000 INR. Bitcoin and Ethereum dominated the Indian crypto exchange market in 2021. 1. Surge in Crypto Investments, Non-Fungible Tokens… Read More »
