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Telangana Emerges as Least Active Crypto Market in South India

Telangana Emerges as Least Active Crypto Market in South India

HyderabadMail.com 2 weeks ago

HYDERABAD: Telangana has emerged as the least active

Low Trading Volumes Reflect Conservative Approach

The report shows that Telangana ranks lowest in per-customer trade volumes. This suggests a cautious investment approach among investors.

The average trade volume in Telangana is ₹60,600 per trader. In comparison, trading activity is much higher in other states. It is about 113% higher in Tamil Nadu. It is 78% higher in Karnataka. Andhra Pradesh records 37% higher activity. Kerala is around 25% higher, as reported by TOI.


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Income Not a Key Driver, Says Report

According to Vikram Subburaj, income levels do not directly influence crypto participation. This challenges the common belief that higher income leads to more digital asset investment.

The survey covered around 12 lakh users.

He added that Telangana's lower volumes reflect a cautious mindset. In contrast, Tamil Nadu leads in trading activity. This is largely due to higher urbanisation.

Preference for Safer Investment Options

Experts say the trend reflects broader investment habits in the state.

Alok Kumar Mishra noted that investors in Telangana prefer low-risk options. These include gold, silver, and land.

He added that even in equities and mutual funds, participation remains low. Despite high remittances, people avoid short-term risks.

Lack of Awareness Slows Crypto Adoption

Industry players also highlight a lack of awareness.

Abrar Khan said there are very few awareness initiatives in Telangana. This creates confusion about the legitimacy of crypto investments.

As a result, many potential investors choose to stay away.

Key Takeaway

The report highlights that higher income does not always drive crypto adoption. Instead, awareness levels and risk appetite play a bigger role in shaping investment trends.

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