Post
Topic
Board India
Re: Number of BitCoins users in India
by
bitcoinisbest
on 12/01/2017, 15:01:35 UTC
Does any one have an idea how many BitCoin users are there in India ?

I think its important to have basic data so that we can get a clear picture about its adoption and rate of growth.



You will not know exact number of users in India as there is no standard site available where users need to registered if they would like to trade in bitcoin. But yes you can ask exchanges in India about total number of users registered with them. But it will just give you a very fair idea and not even a close numbers to actual users.

Even a rough range will give us lot of information. Like less than 50000 users .. Or between 50000 and 1 Lakh users .. I don't think its more than 1 lakh users.

Zebpay has over 300k users.

Regards



How many of them are from India?

My estimate would be about 400-500k users in India and easily adding up 20-30k new users every month.


How many users does Unocoin have at present and how many new users were added in 2016 alone? Certainly numbers would have increase in last quarter of 2016 and it will rise now as the price has sore to 1000$

We sever 1.3L Indian customers at the moment. About 2/3rd of this is from 2016.

So, Zebpay is now bigger than Unocoin! It seems Mahin's prediction was correct in 2014. Mobile penetration made all the difference. Roll Eyes


Certainly Zebapy is much bigger in terms of its users base and also in terms of total btc buy/sell. Well but what is the status of Coinsecure.  How much is the total base of CS now and how many new users were added in 2016. I think certainly around 5 lakh + users would be in India