Several Indian crypto exchanges have shared data with news.Bitcoin.com on the most traded cryptocurrencies on their platforms so far this year. Crypto enthusiasts in India have been buying and selling a wide range of cryptocurrencies despite the central bank’s roadblock which stops crypto exchanges from accessing banking services.
The most-traded cryptocurrency year-to-date on Indian exchanges Wazirx, Coindcx, and Instashift is BTC. On Bitbns exchange, it is the third most-traded cryptocurrency this year. Wazirx facilitated $ 6.5 million worth of BTC trades between Jan. 1 and March 7. Coindcx swapped 792 BTC for its users in the same time period, while Instashift’s BTC trades accounted for 77.76% of its total buy volume and 67.58% of its total sell volume.