India will be a very important region when it comes to cryptocurrency. More specifically, there is a growing focus on buying and selling Bitcoin. Local exchanges see a lot of new users sign up for their service every single month. Zebpay, Coinsecure, and Unocoin are the market leaders in this region. If this trend keeps up, they may even become some of the largest Bitcoin exchanges worldwide.
Digital payments are all of the rage in India right now. That isn’t surprising, given last year’s demonetization efforts. Said efforts eventually backfired, resulting in even less trust between consumers and the banks. Cryptocurrencies provide a welcome way out in this regard, as they are not issued or controlled by a government or bank. In this regard, we see a lot of people signing up for one of the local Bitcoin exchanges. This ecosystem is getting pretty competitive, to say the very least.
Bitcoin is Taking off in India
More specifically, companies such as Zebpay, Coinsecure, Unocoin, and others are all competing for the top position. So far, it is evident there is a good chance either Zebpay or Unocoin will have a leg up over competitors…
Read Full: Bitcoin Business is Booming in India
