The weekly trading volume of Bitcoin (BTC) against the Indian rupee has spiked substantially on Paxful. It is currently sitting at an all-time high.
Interest in Bitcoin seems to be on an uptrend in India as trading volumes spike to levels never seen before.
Peer-to-peer Bitcoin trading platform Paxful recently recorded a record for BTC/INR. This past week, 53M INR was traded against BTC on the platform. The spike is a culmination of a clear uptrend since the beginning of this year — but has substantially accelerated in the past week or so.
The trading volume on Paxful is still significantly less than LocalBitcoins, however. Last week, around 83M INR was traded on LocalBitcoins compared to 53M INR on Paxful.


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