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

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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