Crypto Exchanges in India Witness Rapid Surge in Trade Volume Despite High Taxes

BITCOIN-CRYPTO-CURRENCY

India’s crypto business has already been battered by high taxes, payment processors blocking exchanges, falling trading volumes, and a worldwide bear market.

Despite all of the preceding obstacles, cryptocurrency exchanges have seen an increase in trade volume recently. The 24-hour total volume of $152,250,490 for Giottus was recorded on July 13. In addition, Bitbns, CoinDCX, and WazirX, other exchanges, have also seen a rapid surge.

[Via]

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