India's crypto love; users on crypto exchange surpass the largest equity brokerage

Updated : Oct 14, 2021 12:49
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Editorji News Desk

With 10.7 crore crypto owners, India is topping the list of the digital ownership globally as per broker discovery and comparison platform BrokerChooser. Mint reports that as a percentage of the total population, India stood at the fifth spot at 7.30%. Ukraine ranked first with 12.73% people of the total population owning crypto followed by Russia (11.91%), Kenya (8.52%) and the US (8.31%).

India’s largest stockbroker Zerodha has been overtaken by some of the country’s popular crypto exchanges in the number of users. Zerodha at present has over seven million users against 11 million at CoinSwitch Kuber and 8.3 million at WazirX.

cryptocurrencycrypto exchangeMoney Laundering

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