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Author Topic: Bitcoin Trading In India Exploded In Mid-May, Total BTC Transactions Nearing $3m  (Read 466 times)
Bitcoinmoon12 (OP)
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June 05, 2020, 09:26:23 AM
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The Indian market holds great potential and importance for the future of the crypto-economy. In some ways, Bitcoin transactions in India are incredibly prosperous. According to data from Useful Tulips, the volume of Bitcoin transactions has changed on local peer-to-peer exchanges in India. Moreover, the P2P Paxful trading market has recently surpassed LocalBitcoins.
https://azcoinnews.com/bitcoin-trading-in-india-exploded-in-mid-may-totals-btc-transactions-nearing-3-million-in-a-single-week.html
suvo05
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June 05, 2020, 06:41:24 PM
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I think the supreme court order for cryptocurrencies is the main cause. Now the traders are not worried about the crypto-coin assets. So the traders stared resuming their trading who left the market due to the RBI restriction.

The Indian market holds great potential and importance for the future of the crypto-economy. In some ways, Bitcoin transactions in India are incredibly prosperous. According to data from Useful Tulips, the volume of Bitcoin transactions has changed on local peer-to-peer exchanges in India. Moreover, the P2P Paxful trading market has recently surpassed LocalBitcoins.
https://azcoinnews.com/bitcoin-trading-in-india-exploded-in-mid-may-totals-btc-transactions-nearing-3-million-in-a-single-week.html

Definitely Indian market has lots of potential for the future of crypto. I have seen lots of people are getting interested in it. Couple of year back they were afraid to invest in crypto but recently they changed their mind.  

akram143
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June 05, 2020, 08:09:01 PM
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When new people enters into the market then there also more scammers will gets evolved, I can already see many scammy sites advertisements to trade bitcoins in India from social media like tiktok from individuals so anyone who wants to begin their career start with the reputed exchanges.

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June 06, 2020, 08:06:14 AM
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This is a very big thing as after the Supreme Court cleared the air about the legal status, now people can invest in the crypto currency and thus considering the young people in the country definitely this is just the beginning Also the country is promoting the digital payment and this would play an important role and crypto will be largely preferred in coming times.

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