Indian Crypto exchange, Wazirx, has revealed a report with surprising facts that 82% of their users earned profits on their investments this year. The trading volume of the firm increased 1735% in this year alone.
As the government of India is trying very hard to regulate this giant market, crypto adoption in the country has increased many times. The crypto bill of India might not be presented in the winter session of the parliament because it needs some changes. A new report has been published by an Indian crypto exchange. The statistics shown in this report are very surprising and interesting.
Indian Crypto exchange statistics:
Wazirx has revealed the 2021 Year of the Crypto report on Thursday, which shows that the platform saw massive growth in user signups. The firm has left many in shock by telling that the trading volume has increased by 1735% compared to the previous year. The firm has also stated that 82% of its users have earned profits this year. The report detailed:
As of 30th November 2021, 82% of Wazirx users have made profits on their crypto investments, i.e., seen a growth in their crypto portfolio.
Indian crypto exchange is offering more than 200+ market pairs in 2021 and flagship currency, Bitcoin, was the most traded crypto on this platform. Other heavily traded cryptocurrencies were tether (USDT), Shiba inu (SHIB), dogecoin (DOGE), wazirx token (WRX), and matic (MATIC). The crypto adoption in the rural and semi-rural areas of India is increasing.
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