Binance and Other Leading Exchanges Drive India’s Crypto Boom with 100M Users by 2025
India is rapidly becoming a major hub for cryptocurrency adoption, with projections suggesting the country will surpass 100 million active crypto users by 2025. For newcomers looking to enter the market, centralized exchanges that support Indian Rupee (INR) deposits provide the most accessible entry point. Leading platforms such as Binance, CoinDCX, CoinSwitch, Mudrex, and WazirX offer diverse selections of cryptocurrencies, making it essential for users to conduct thorough research before registering. Additionally, compliance with India’s financial regulations remains a critical consideration for both exchanges and investors. This guide explores the growing crypto ecosystem in India and highlights key exchanges facilitating this expansion.
How To Buy Cryptocurrencies in India
India is emerging as a significant player in the global cryptocurrency market, with projections indicating over 100 million active users by 2025. For those looking to enter the crypto space, centralized exchanges supporting INR deposits offer a straightforward entry point.
Platforms such as CoinDCX, CoinSwitch, Mudrex, Binance, and WazirX provide varied coin selections, necessitating due diligence before registration. Compliance with India’s Financial Intelligence Unit (FIU) regulations is advised for secure transactions.
XRP, ETH, and SOL Show Bullish Signals as Investors Shift Holdings Off Exchanges
Cryptocurrency markets are witnessing a notable shift in investor behavior as major altcoins like XRP, ethereum (ETH), and Solana (SOL) experience significant withdrawals from Binance. On-chain data reveals a surge in wallet accumulations, suggesting growing confidence in these assets.
The movement of tokens away from exchanges typically signals long-term holding strategies rather than short-term trading. Ethereum’s accelerated outflow from Binance stands out, underscoring institutional and retail investors’ bullish outlook.
Price charts reflect this sentiment, with all three cryptocurrencies posting substantial daily gains. The trend mirrors previous market cycles where exchange outflows preceded sustained rallies.
