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KoinBX featured in ThePrint on driving India's next crypto surge from Tier 2 and 3 cities
KoinBX was featured in ThePrint discussing the shift in India's crypto adoption, noting that as the country surpasses 100 million crypto users, future growth is expected to come from non-metro cities where regulatory trust is a priority for new participants.
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A recent feature in ThePrint examined KoinBX's perspective on the changing landscape of crypto adoption in India following the nation reaching over 100 million crypto users. According to KoinBX, future growth is likely to come from Tier 2, 3, and 4 cities, where potential users reportedly place greater importance on regulatory compliance and trust.
To address this shift, KoinBX highlights its registration with the Financial Intelligence Unit (FIU) and its service offerings in multiple local languages, as well as assisted onboarding aimed at non-metro populations. The article states that KoinBX is headquartered in Madurai, Tamil Nadu, and has registered over 1.5 million users, with engagement metrics indicating a high rate of returning traders within the first month.
KoinBX is a centralized cryptocurrency exchange registered with India's Financial Intelligence Unit, primarily serving users in India, the UAE, and parts of Asia. The platform offers spot trading for over 200 cryptocurrencies, supports the Indian rupee (INR), and provides features such as a unified trading fee structure, native token rewards, and a user-friendly interface. For additional details, visit the broker profile on Traders Union.
For more background, see our previous KoinBX update on Traders Union, which covered how recent cryptocurrency listings could affect trading strategies and portfolio management: previous KoinBX update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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