Select Page

Crypto Investments Rise By 19900% YoY in India To Cross $40 Billion

Crypto Investments Rise By 19900% YoY in India To Cross $40 Billion
This article is added for educational purpose only. All credit goes to the respected author of this article. All In One Crypto App do not hold any liabilities of this article. You can get the source link at the end of the article content.
  • India has witnessed massive growth in cryptocurrency investments in the last year
  • The country has seen a rise from $200 million to over $40 billion worth of investments in digital currency
  • Bitcoin (BTC) holdings are being viewed as digital gold by the citizens

India’s Cryptocurrency Investment Surge

Despite strict regulatory measures looming over the digital currency adoption in India, investors have managed to escalate holdings in the crypto market by leaps and bounds. 

As per a report published by Chainalysis, Indian investors have driven a 19,900% increase in cryptocurrency investments, taking the total holdings from somewhere around $200 million to over $40 billion in the last year.


This development has taken place amidst strong opposition from the central bank over the introduction of digital currency in India’s financial market. Along with this, a proposed ban on trading cryptocurrency is also a threat to investors in the nation. 

The market trend in crypto investments took an upturn during the middle of 2020, before advancing into a parabolic curve. The latter was a consequence of new heights reached in terms of ATHs (All Time High’s) by various prominent digital coins by the end of the fourth quarter. The shift in the market trends correlated with India’s Supreme Court ruling to end the prohibition on working relationships between the banking sector and digital currency platforms in March 2020. 

Cryptocurrency : The Digital Gold

According to Sandeep Goenka, the founder of crypto exchange platform Zebpay, increased interest in Bitcoin and Altcoins has been shown by individuals between the ages of 18 to 35. Additionally, a preference toward digital currency over gold was also strongly observed. 

This inclination toward investing in digital coins can be attributed to the highly simple process of going online and purchasing crypto, without having to verify. It is also fairly transparent, and the possibility of higher returns within shorter periods of time is a definite factor in attracting investors. On the other hand, the procedure of buying and investing in gold is a more complicated one.


The post Crypto Investments Rise By 19900% YoY in India To Cross $40 Billion appeared first on Coingape.


Source: Coingape


All In One Crypto App presents a unique dynamic crypto course that allows you to become a profitable and successful trader. Download Now

Don't forget to share your review/suggestions for android app.

All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own here



Select Sub Category


All In One Crypto App

Made $234 profit with Free Signals from $50

This is the best useful app on my phone. Started trading with $50 and in 5 weeks I was up to $234 just with the free signals. I will recommend it to any new person that wants to try trading crypto. Link to Review

Asoluka Chimdindu

Free User
All In One Crypto App

Good Support

This app is one of the best for crypto currency trading signal for experts and beginal with free and premier with auto follow trading bot all the signal is excellent with accurate technical analysis and fundamental I really like the way they guide and support. Link to Review

olaplus olaplus

Premium User
All In One Crypto App

Accurate Trading Signals

I was premium member of this channel back in 2018 when there was no app. Thr signals were too good, more than 90% accuracy. Now with this app and newly introduced auto trading bot, it will be awesome. Too the moon. Link to Review

Yogesh Patil

Premium member
All In One Crypto App

Awesome and Accurate Signals

Very glad to use this app. The crypto signals was awesome and accurate with detailed explanation and visual information. The admin also helpful and nice. Link to Review

soon cheong

Free User
All In One Crypto App

User Friendly App

Signals are great. I love it. App also friendly to use… Nice job guys Link to Review

Olawunmi Dilureni

Premium Subscriber

Recent Comments