Tier two, tier three cities emerge as crypto trading hubs: report

The crypto asset class is no longer considered relevant only by the younger demographic, the report said, adding that it is now attracting more mature and seasoned investors with average age of traders increasing to 30 years as compared to 25 years in 2022. As for CoinDCX, it remained the leading exchange platforms in India with over 1.4 crore registered users, contributing over 66.7% of total tax revenue collected by Indian exchanges.