Cryptocurrency Q&A
Which is the biggest crypto exchange in India?
Which is the biggest crypto exchange in India?
Carlo
Fri Jul 12 2024
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6 answers
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Could you elaborate on which cryptocurrency exchange in India holds the distinction of being the largest? I'm interested in understanding the criteria used to determine this ranking, such as trading volume, number of users, or variety of supported cryptocurrencies. Additionally, I'm curious about the reputation and trustworthiness of this exchange, as well as any regulatory oversight it may be subject to. It would be valuable to have a concise yet comprehensive overview of the exchange's standing in the Indian market and the cryptocurrency landscape globally.
6 answers
MysticGlider
Sun Jul 14 2024
In India, Bitbns reigns supreme as the largest cryptocurrency exchange, commanding a remarkable market share of 79.1% among the top four centralized cryptocurrency exchanges (CEXs) in 2023.
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Davide
Sun Jul 14 2024
This dominant position underscores the trust and popularity Bitbns has garnered in the Indian crypto landscape.
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Paolo
Sat Jul 13 2024
Following closely behind is WazirX, occupying the second spot with an 11.1% market share. WazirX has also been a significant player in the Indian crypto space, offering competitive services to its users.
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PearlWhisper
Sat Jul 13 2024
CoinDCX takes the third position, holding a 6.6% market share. Despite trailing Bitbns and WazirX, CoinDCX continues to grow and attract users with its unique offerings.
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Federica
Sat Jul 13 2024
ZebPay rounds out the top four with a 3.1% market share. ZebPay has been a long-standing player in the Indian crypto market, providing reliable services to its loyal user base.
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