The crypto exchange platform CoinDCX reported that 14.6 per cent of total investments on its platform were allocated to Bitcoin, while CoinSwitch saw the share of the VDA at 7 per cent.
The recent Bitcoin rally in December saw the cryptocurrency surge past the $100,000 mark, drawing Indian investors to homegrown crypto exchanges.
Women crypto investors rose in 2024 in line with an increase in the user base of these crypto exchanges. The user base of CoinDCX grew 14.3 per cent on a year-on-year (Y-o-Y) basis to 16 million investors in 2024 from about 14 million users in the previous year.
This story is from the December 27, 2024 edition of Business Standard.
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This story is from the December 27, 2024 edition of Business Standard.
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