Cryptocurrency: 400 new wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital currency start-ups to emerge in India!


Although there are no proper regulatory measures for cryptocurrency in india, many small groups are trying to create new currencies in cryptocurrency and market them.

The younger generation in particular is developing new cryptocurrencies. Tracxn reports that various businesses are ready to finance and guide these cryptocurrency start-ups and that more than 400 new cryptocurrency start-ups are coming to india based on this.


India already has 380 cryptocurrency start-ups and 12 NFT based start-ups as per the 2021 census. At least 100 cryptocurrencies are traded under one company.


It is noteworthy that CoinDCX, headquartered in Mumbai, india and CoinSwitch Kuber, headquartered in Bangalore, has emerged as the leading cryptocurrency unicorns in india by 2021.

The average cryptocurrency investment of an individual in india in 2020-21 was between Rs.6,000 - Rs.8,000. business Line research has also revealed that the average cryptocurrency investment of a person has risen to Rs.10,000 at present. Researchers are also concerned that indians may not be able to afford other savings plans.

Further financial advisors are advising cryptocurrency investors not to invest too much in cryptocurrency, but to invest within certain limits and get the country’s economy on the right track.

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