While crypto deposit inflows increased by as much as 250-2,000 percent for certain Indian exchanges in January, following a ban on nine offshore exchanges, this did not translate to higher trading volumes. Crypto trading volumes across the top four Indian exchanges languished between December and January even as they claimed a 250-2,000 percent jump in new crypto deposits following a recent crackdown on offshore exchanges by the government. So far, the renewed interest in Indian exchanges with new deposit inflows has not translated into trading volumes, exchange officials said.