India-based crypto asset trading platform WazirX, owned by Binance, announced that its user base has increased by 10 times this year to reach 10 million.
In the statement made, it was stated that WazirX has had a transaction volume of over $38 billion to date, which is equivalent to a monthly growth of 44%.
The company is 2% in user registrations from Mumbai, Delhi, Kolkata, Chennai, Bengaluru and Hyderabad, the six largest cities in the country. He stated that there was a growth of 648. According to the company, women also play a major role in the increase in the number of users.
The performance of the exchange clearly demonstrates that adoption is increasing despite crypto uncertainty in India.
WazirX will also attend a meeting organized by the Indian government to share its views on the industry.
