Since March when the ban on cryptocurrencies was revoked, bitcoin accounted for 20% of the total traded volumes on WazirX, one of the popular cryptocurrency exchanges in India. Over the last six months, bitcoins worth $184 million were traded on WazirX’s platform.
“Bitcoin is the flag bearer of cryptocurrencies. Also, it’s more liquid and the less volatile compared to other currencies. Hence, most people come to the exchange to buy bitcoins,” says Nischal Shetty, CEO of WazirX.
https://qz.com/india/1901633/besides-bitcoin-indians-buy-tether-ethereum-cryptocurrencies/
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
