In charts: Investors not affected by uncertainty over crypto bill, platforms continue to attract users

0
39
NEW DELHI Despite uncertainty over crypto taxation and the impending Cryptocurrency Bill, leading industry players continue to attract investors, according to data analysed by conversion media platform Bobble AI.
Crypto trading platform CoinDCX witnessed a 45.78 per cent spike in installed users between October and November 2021, while industry player Bitbns leads in terms of active users at 41.33 per cent.
Bobble A analysed user behaviour among India’s top six cryptocurrency apps, including WazirX, CoinDCX, CoinSwitch, ZebPay, Unocoin & Bitbns, between October and November 2021.

The findings show that the impending decision over the cryptocurrency bill is not affecting crypto enthusiasts in India. Until recently, only a handful of individuals were investing in digital currencies, but with more market awareness coupled with increased marketing spending, there has been a surge in…

Source link

Advertisement