India Sees Bitcoin Trade Volumes and Exchange Sign-ups Spike

[jamie.redman1]

Bitcoin is trending in India as the decentralized currency reached new price highs this week. According to multiple reports, the country’s top exchanges Zebpay, Coinsecure, Unocoin, and Bitxoxo are seeing unprecedented user sign-ups and massive trade volumes.

Cryptocurrency fever is finding its way across every nation in the world, and India has been bitten by the ‘bitcoin bug’ for quite some time. This week the regional publication the Economic Times says Indian citizens and well-known investors from the region are “bullish” for bitcoin right now. India’s top exchanges are seeing a rush of people trying to obtain bitcoins with an exponential amount of registrations taking place this month. The Delhi-based Bitcoin exchange Coinsecure executive Vivek K explains;

"We are flooded with requests — In the past week alone, we have seen double the number of registrations — Signups are happening at full capacity."

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