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The Economic Times
The Economic Times
Surbhi Khanna

Crypto deposits outpace withdrawals by up to 6x in H1; millennials dominate India's investor base: Report

According to the H1 2026 India Crypto Trends Report by WazirX, crypto deposits consistently exceeded withdrawals by 2–6 times during the first half of 2026, while withdrawal requests declined by nearly 55%, indicating improved investor conviction and longer-term participation.

The report also paints a clear picture of today's Indian crypto investor. The average WazirX user is a 34-year-old working professional from a non-metro city, with more than 82% of verified users coming from non-metros. Millennials remain the primary growth engine, with 50.8% of users aged between 25 and 34, while nearly 80% fall within the 25–44 age group, reinforcing the growing appeal of crypto among India's working population.

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