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Tier-2 & Tier-3 Indian Cities Drive Crypto Adoption Surge, Says Exchange
Smaller Indian cities now generate ~40% of CoinDCX’s crypto users, pushing adoption beyond major metros.
According to CoinDCX, nearly 40 % of its user base now comes from India’s tier-2 and tier-3 cities. In the city of Indore alone, nearly 10% of the population is actively investing in digital assets via the platform. :contentReference[oaicite:5]{index=5} This shift suggests the next wave of crypto growth in India is being powered by smaller towns, not just metros. Industry watchers say this trend may force exchanges and regulators to adjust outreach, product-design and investor-education frameworks accordingly.