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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Bitcoin boom in India and 5 best bitcoin trading apps for Indians

While the world economy battles amidst such tough times, there is one market that managed to grow and flourish i.e. Cryptocurrency market. Speaking of which, we will discuss the scenario in India…

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Published July 9, 2020 · 5 min read
bitcoin boom in india and 5 be

While the world economy battles amidst such tough times, there is one market that managed to grow and flourish i.e. Cryptocurrency market. Speaking of which, we will discuss the scenario in India which has seen a striking shift since March 5, when the Supreme Court of India lifted the RBI’s two-year ban on cryptocurrencies and opened this market for the Indian people.

To everyone’s surprise, the move was well-accepted by the Indian market and we saw a sudden surge in Bitcoin trading during the lockdown. While on one side, people were losing their jobs and saw their income going down, this market emerged as an additional source of secret income for many.

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