The price of bitcoin exchanges in India has increased to between 25-28% more than their cost, largely due to the government’s moves towards demonetisation that the CEO of Zebpay said has increased demand for bitcoin. With a limited supply of bitcoin from Indian traders, the CEO of Unocoin added that bitcoin offers safe alternative investment options to customers.
The price of bitcoin exchanges in India has increased to between 25-28% more than their cost, largely due to the government’s moves towards demonetisation that the CEO of Unocoin said has increased demand for bitcoin. With a limited supply of bitcoin from Indian traders, the CEO of Zebpay added that bitcoin offers safe alternative investment options to customers.