Bitcoin [BTC]

Well, this comes as no surprise, after all the foremost cryptocurrency has it’s very own loyal fan following, even in India. Notably, BTC was the third most-traded cryptocurrency in 2019. As for India, it is highly traded on Indian exchanges in the likes of  Wazirx, Coindcx, and Instashift.

Wazirx’s traded about an estimated $6.5 million worth of BTC between January 1 and March 7, while Coindcx contributed a trade of around 792 BTC. Instashift’s BTC Trade recorded for 77.76% of its total buy volume and 67.58% of its total sell volume.

At the press time, BTC was stable at $3,937.97, with a market cap of $69.34 billion and the 24-hour trading volume was $10.70 billion. In Totality, BTC has experienced a spike of more than 4.28% its $3,742 price point at the beginning of the year.

Read more: Starbucks To Integrate Bitcoin Payments in Stores As A Part Of Its Collaboration With Bakkt

Ethereum [ETH]

The second largest coin according to market cap, gladly took the second most-traded coin position on Wazirx. ETH observed transactions worth $2 million between January 1 and March 7.  It was placed fourth on Instashift’s most-traded token list but failed to make a mark in the top- five coins by trading volume on Coindcx and Bitbns.

With a value of at $138.01 at press time, ETH holds a market cap of $14.51 billion and a 24-hour trading volume of $4.89 billion.

Read more: Ethereum Foundation Funds Researchers of Columbia and Yales

XRP

XRP managed to hold a position in the top five coins with large trading volumes across various Indian exchanges – Wazirx, Coindcx, Instashift, and Bitbns.

With nearly $2 million worth of XRP being traded, Wazirx crowned the third largest cryptocurrency on CoinMarketCap as the third most-traded cryptocurrency on its platform. Between January 1 and March 7, 456 BTC worth of XRP were traded on Coindcx, earning the token the fourth most-traded title.

As for Bitbns and Instashift, XRP was the most-traded and the second most-traded token respectively. Bitbns observed 9.31% of total buy volume and Instashift experienced 9.74% of the exchange’s total sell volume.

XRP was valued at $0.3160 at press time, with a market cap of $13.09 billion and 24-hour trade volume of 756.36 million.

Tron [TRX]

With around  $1.7 million of TRX on Wazirx and 423 BTC worth of the coin traded on Coindcx, TRX swifty sails in the top-five most traded coins category.

At the press time, TRON was valued at $0.022699, with a market cap of $1.51 billion. The tenth largest coin according to market cap, registered a 24-hour trading volume of $161.27 million.

 

BitTorrent Token [BTT] 

While a relatively new coin in the cryptocurrency ecosystem, it managed to maintain a hold amongst the top five coins traded on Wazirx and Coindcx. While Wazirx traded nearly $800,000 worth of the coin, Coindcx traded an equivalent of 559 BTC until now.