Major Turkish Exchange Bitte Plans To Enter Indian Crypto Market
Major Turkish
Exchange Bite Plans To Enter Indian Crypto Market This is a well known Turkish
exchange which now intends to enter Indian crypto and they are also working
very fast in this pace. The whole goal of the exchange right now is to target
people in their early twenties and thirties.
Today one
million users use BitTorrent, and major Turkish exchange BitTorrent has set up
its first Indian office in Gurugram. India is the world's largest
cryptocurrency user in terms of cryptocurrency users as of October 2021,
according to the latest Chainalysis data. I was in second place. According to
these figures, the Indian crypto market saw a significant growth of 641% in the
last year itself in June 2021.
It is also
being revealed that currently this leading Turkish exchange Bites intends to
target Indians in the age group of 21 to 35 years residing in cities like
Mumbai, Delhi, Pune, Ahmedabad, Chennai, Kolkata and Hyderabad.
Apart from
India, major Turkish exchange BITE is also planning to pursue its work related
projects in the United States, United Kingdom, Netherlands and Estonia. The
major Turkish exchange Bites now has a license to do business in 12 states of
the United States. This is seen as a bold move by the leading Turkish exchange
Bitte as the crypto market in India remains uncertain regarding taxation and
outright ban.
Related Tags:- Cryptocurrency, Major Turkish Exchange Bitte, Indian Crypto Market
