Crypto Trading is Booming in Small Towns of India: Reuters
India, the most populous nation in the world, is no stranger to crypto trading and the craze is now spreading to Tier 2 and Tier 3 towns where many young aspirants wish to turn it into a sustainable livelihood option, as per a latest report by Reuters.
The report states how young Indian men and women, in the age group 20-35, are increasingly shifting their focus to cryptocurrencies after their disappointment with traditional stock market performance in recent times. From Ranchi to Pune to Jaipur to Botad, the small towns of India are witnessing a silent crypto revolution and its evident from recent survey report of CoinSwitch, a leading crypto exchange.
Cryptocurrencies remain unregulated in India, yet the government collects a hefty 30%$…
