A new report from Bitcoin.com has shown some interesting stats on the most popular cryptocurrencies in India. The news website collected data from Indian cryptocurrency exchanges
Here are the top 5 most popular cryptocurrencies traded in India in 2019:
Bitcoin (BTC) – The prima donna of cryptocurrencies continues to be the most actively traded cryptocurrency in the country. According to the report,
Ethereum (ETH) – The world’s second largest cryptocurrency by market cap is also India’s second most popular cryptocurrency. Ethereum has seen $2 million worth of trades since the start of the year on
Ripple (XRP) – No surprises here! Ripple enjoys a great following in the country and is the most traded coin on Bitbns. It also enjoys good trading volumes on other Indian exchanges.
Tron (TRX) – Mention cryptocurrencies in India and Tron will never be far behind! TRX perhaps has the most vibrant cryptocurrency communities in India and is actively traded on Indian cryptocurrency exchanges. Close to $1.7 million worth of TRX has been traded on
BitTorrent Token (BTT) – Barely within a month of its token sale, BitTorrent has already found a place among the most popular cryptocurrencies in India in 2019. Backed by Tron, BitTorrent has found a large community following behind it. In addition, the free monthly BTT airdrop to Tron holders may also be one reason the altcoin is being preferred by Indian cryptocurrency investors.
Other notable cryptocurrencies traded on Indian exchanges include Theta, Binance Coin, Cardano, EOS and NEO.