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"Are you familiar with cryptocurrency (e.g., Bitcoin, Ethereum)?"
Key Takeaways
There is a strong foundation of cryptocurrency awareness in India, with more than half (57.8%) of the population familiar with cryptocurrencies. This is a promising indicator for future cryptocurrency adoption, as awareness is a crucial first step toward actual usage and investment.
However, roughly 23% of the population remains unaware of cryptocurrencies. While this group is smaller than those familiar with crypto, it still represents a significant segment that could hinder widespread adoption if their misconceptions or lack of understanding are not addressed.
Uncover more insights with related statistics on hindrances to crypto adoption in India, Indians’ interest in cryptocurrency, India’s top payment methods.
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