WazirX a popular crypto-currency exchange platform in India Reportedly added more than 200 cryptocurrency pairs to its exchange this year, but Bitcoin has maintained its lead as the most traded cryptocurrency on the platform.
Among the altcoins, the most traded cryptocurrencies were Tether (USDT), Shiba Inu (SHIB), Dogecoin (DOGE), the WazirX Token (WRX) and Matic (MATIC).
The platform which records Over 10 million users had transaction volume of $43 billion this year.
Also in a survey conducted by WazirX, across 8.5 million respondents, pegs that at least half of them decided to invest in crypto based on the advice of friends and family.
“As crypto goes mainstream, it creates a need for further investor education and responsible marketing initiatives among Indian exchanges,” said WazirX’s 2021, Crypto report.