India cryptocurrency trading volume

india cryptocurrency trading volume

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The trading volume at top Indian crypto exchange WazirX fell to $1 billion in as the platform faced intensifying regulatory pressure in. India has emerged as the world's second-largest crypto market in terms of raw transaction volume, surpassing the UK, Turkey, and Russia. The exchange's total trading volume for the year plummeted to $1 billion, a far cry from the record-breaking figures seen during the peak of the.
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Several growth factors are driving the growth of the cryptocurrency market, including increasing acceptance and adoption of cryptocurrencies by individuals and institutions, growing interest in decentralized finance DeFi platforms, and the potential for cryptocurrencies to serve as a hedge against inflation and political instability. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. Director of Operations � Contact Europe. Please wait.