Hyderabad leads India with the highest ratio of women investors in the crypto space at 45 per cent, according to CoinSwitch's India's Crypto Portfolio 2024: How India Invests report. The city ranks fourth-largest in India's crypto investments in 2024 and has the third-highest percentage of green portfolios, with 84 per cent of investors seeing positive returns. The report also highlights the growing engagement with digital assets in Tier-2 and Tier-3 cities.
Balaji Srihari, Vice President of CoinSwitch, mentioned, "At CoinSwitch, we have witnessed a spike in crypto investment across India. What was once concentrated in major metros is now quickly expanding to Tier-2 and Tier-3 cities, reflecting the growing appeal. With Bitcoin crossing the $100,000 mark to close out the year, it sets the stage for an exciting journey of growth in 2025."
The reports further show that 15 per cent of Indian crypto investors are women, with Hyderabad leading the way. The majority of investors are 25-35 years old, tech-savvy, and open to new financial instruments. Popular cryptocurrencies include Bitcoin, Ethereum, and Binance Coin, with newer coins and tokens also gaining traction. Bengaluru and Delhi are the top cities in investment volume. Educational programs and resources are being developed to increase awareness of cryptocurrency and blockchain technology. The evolving regulatory environment is affecting crypto adoption, with a positive sentiment.
Current Issue
Most Viewed
- 1 Women's Health Startup HerMD Closing Doors Amid Industry Challenges
- 2 5 Famous Women in Indian Armed Forces
- 3 Saudi Women No longer Require Male Permission for Clothing Choices, says Prince MbS
- 4 Kolkata Medtech Startup Innovodigm Raises Rs 5.5 Crore Seed Funding Led by IAN Group
- 5 Yamunanagar's Kashish Kalra Honoured after Securing 111th Rank in UPSC Civil Services Exam
- 6 Madurai Appoints Its First Woman Corporation Head
- 7 IAS Vijayalakshmi Bidari Appointed as the new Nagpur Divisional Commissioner
- 8 American Entrepreneur Lucy Guo Overtakes T Swift to become Youngest Female Billionaire
- 9 ICC Women's World Cup 2025 Trophy Showcased at Indore's Holkar Stadium
- 10 Aparna Saxena's Beauty Venture AntiNorm Launches in India
- 11 Vidya Nataraj Co-Founded BlueStone Jewellery & Lifestyle files IPO
- 12 5 Women Freedom Fighters of India
- 13 Dr. G Krishnapriya appointed as CEO for Trichy
- 14 M3M & Sirona Partner to Introduce Menstrual Hygiene Vending Machines in 15 Locations
- 15 Punjab Govt launches SHE Cohort 3.0 Supporting Tech-led Women Startups
- 16 Indian origin Lawyer, Sweena Pannu appointed as the US New Superior Court Judge
- 17 The Aurora Tech Award recognizes 4 Indian Women-led Startups
- 18 Kerala's Republic Day parade featured an all-female tableau
- 19 Manisha Kabbur Becomes Karnataka's First Woman International Karate Coach
- 20 Director K. S. Ravikumar's Daughter Maalica Ravikumar Launches Life Coaching Company 'Evergrowth Academy' for Women
- 21 Leezu's Raises Pre-Seed Funding to Accelerate Growth in Sexual Wellness Industry
- 22 Sattu: Super-easy summer drink for PCOS gut healing
- 23 Swathi Nelabhatla creates Sitha App, India's First Women-Exclusive Gig Platform
- 24 7 Timeless Female Kathak Dancers & their Iconic Legacies
- 25 Meet 7 Iconic Women Architects of Modern India & their Most Impactful Work
- 26 This Woman-led Insuretech Startup is Helping Bridge the Education Financing Gap in India
- 27 Women Leaders Share Lessons Learnt from India Women's WC Win
- 28 5 Enterprising Women Founders Powering Singapore's Tech & Innovation Landscape
- 29 4 Women. 4 Stories. One Vision for Smarter, Stronger Healthcare
- 30 Global Gender Gap Narrows to 68.8%, But Full Equality 123 Years Away: WEF Report 2025
- 31 Changemakers: 7 Women Entrepreneurs Taking the Make in India Movement Forward
- 32 Meet Lucy Guo, The Youngest Self-Made Female Billionaire Disrupting Tech
- 33 How Women are Driving India's Festive Online Shopping Surge
