Cryptocurrencies 18,108
Market Cap $2.26T
BTC Dominance 56.26 %

Cryptocurrencies : 18,108

Total Market Cap : $2.26T

BTC Dominance : 56.26 %

LIVE
Mkt Cap $2.26T BTC Dom 56.26 % BTC BTC $63,395.00 ▲ +1.40% ETH ETH $1,880.30 ▲ +2.40% USDT USDT $0.999164 ▲ +0.00% BNB BNB $588.06 ▲ +2.10% USDC USDC $0.999519 ▲ +0.00% XRP XRP $1.08 ▲ +2.70% SOL SOL $73.56 ▲ +3.50% TRX TRX $0.327122 ▼ -0.10% FIGR_HELOC FIGR_HELOC $1.00 ▼ -3.10% WBT WBT $55.23 ▲ +1.30% HYPE HYPE $52.49 ▲ +1.20% DOGE DOGE $0.070535 ▲ +3.20% USDS USDS $0.999964 ▲ +0.00% RAIN RAIN $0.012955 ▲ +3.70% LEO LEO $9.76 ▼ -0.10% ZEC ZEC $490.90 ▲ +4.30% ADA ADA $0.187662 ▲ +9.30% XMR XMR $364.36 ▲ +0.40% LINK LINK $8.34 ▲ +4.20% XLM XLM $0.173841 ▲ +2.40% DAI DAI $1.00 ▲ +0.00% CC CC $0.116106 ▲ +0.20% BCH BCH $213.49 ▲ +3.40% USD1 USD1 $0.999148 ▲ +0.00% GRAM GRAM $1.42 ▲ +2.40% Mkt Cap $2.26T BTC Dom 56.26 % BTC BTC $63,395.00 ▲ +1.40% ETH ETH $1,880.30 ▲ +2.40% USDT USDT $0.999164 ▲ +0.00% BNB BNB $588.06 ▲ +2.10% USDC USDC $0.999519 ▲ +0.00% XRP XRP $1.08 ▲ +2.70% SOL SOL $73.56 ▲ +3.50% TRX TRX $0.327122 ▼ -0.10% FIGR_HELOC FIGR_HELOC $1.00 ▼ -3.10% WBT WBT $55.23 ▲ +1.30% HYPE HYPE $52.49 ▲ +1.20% DOGE DOGE $0.070535 ▲ +3.20% USDS USDS $0.999964 ▲ +0.00% RAIN RAIN $0.012955 ▲ +3.70% LEO LEO $9.76 ▼ -0.10% ZEC ZEC $490.90 ▲ +4.30% ADA ADA $0.187662 ▲ +9.30% XMR XMR $364.36 ▲ +0.40% LINK LINK $8.34 ▲ +4.20% XLM XLM $0.173841 ▲ +2.40% DAI DAI $1.00 ▲ +0.00% CC CC $0.116106 ▲ +0.20% BCH BCH $213.49 ▲ +3.40% USD1 USD1 $0.999148 ▲ +0.00% GRAM GRAM $1.42 ▲ +2.40%
CoinsCapture - Cryptocurrency Trading Prices Today, Live Chart , Market Trades & Cap

CoinDCX Survey Reports Difficulty Of Indian Investors To Enter Crypto

Many Indian investors still don’t see any simplest way to enter into the crypto market despite recent regulatory liberalization regarding cryptocurrencies.

CoinDCX, an Indian crypto exchange conducted a survey where they stated that investors don’t see an “easy way” to access exposure to crypto-assets. The situation didn’t change despite the country removing the ban on financial institutions providing services to digital asset businesses earlier this year.

The Indian population also blames a lack of “legal & regulatory clarity” is the biggest barrier while entering the crypto market

The respondents aged from 20 to 30 and the graduates stated that “knowledge & education” regarding crypto as the biggest challenge to its adoption. Around 11,300 participants were surveyed which includes 3,512 of its own customers.

As per the report,  40% of India’s crypto investors are from IT, finance, or education. 12% of participants are working in the banking industry and stated they have owned crypto assets. The rest 22% do agree that virtual currencies are a strong alternative investment that leads the country's growth. 

The survey reported that two-thirds of crypto investors are salaried, while 12% are self-employed, and just 8% are students. 

There are less than 5% of survey respondents who are retired, unemployed, or homemakers to write off crypto entirely as they consider cryptocurrencies offer “zero utility.”

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