- WazirX, India’s prominent cryptocurrency exchange, achieved a significant milestone by surpassing 1 billion users by November 30th, marking a remarkable year of growth and success.
- User demographics revealed that Bitcoin and Shiba Inu remained the most traded tokens, signaling a sustained interest in these cryptocurrencies. The industry is expected to extend beyond speculation, integrating into sectors like supply chain management and healthcare.
- The 26-40 age group predominantly constituted the user base, with women accounting for 22% of the total trading volume.
- It covered significant global events each month, such as Ethereum futures ETFs application, Bitcoin ETF application, Ripple’s victory over the SEC, and Elon Musk’s influence on the crypto industry.
- Foreseeing 2024 as transformative, WazirX anticipates developments in CBDCs, asset tokenization, enhanced Web3 experiences, and the impending Bitcoin halving. The platform commits to providing a secure and user-friendly trading experience for its 15 million user base.