In a survey conducted by CryptoTrends, around 45 percent of Indians agreed to use bitcoin as means of payment in future. In contrast, over ten percent of the people surveyed disagreed with the use of bitcoin payments in future. As of July 2020, crypto trade was officially not allowed in the country.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
CryptoTrends. (August 1, 2020). Intention on use of bitcoin as means of payment in future in India as of July 2020 [Graph]. In Statista. Retrieved June 05, 2025, from https://www.statista.com/statistics/1170215/india-intention-on-use-of-bitcoin-as-a-means-of-payment-in-future/
CryptoTrends. "Intention on use of bitcoin as means of payment in future in India as of July 2020." Chart. August 1, 2020. Statista. Accessed June 05, 2025. https://www.statista.com/statistics/1170215/india-intention-on-use-of-bitcoin-as-a-means-of-payment-in-future/
CryptoTrends. (2020). Intention on use of bitcoin as means of payment in future in India as of July 2020. Statista. Statista Inc.. Accessed: June 05, 2025. https://www.statista.com/statistics/1170215/india-intention-on-use-of-bitcoin-as-a-means-of-payment-in-future/
CryptoTrends. "Intention on Use of Bitcoin as Means of Payment in Future in India as of July 2020." Statista, Statista Inc., 1 Aug 2020, https://www.statista.com/statistics/1170215/india-intention-on-use-of-bitcoin-as-a-means-of-payment-in-future/
CryptoTrends, Intention on use of bitcoin as means of payment in future in India as of July 2020 Statista, https://www.statista.com/statistics/1170215/india-intention-on-use-of-bitcoin-as-a-means-of-payment-in-future/ (last visited June 05, 2025)
Intention on use of bitcoin as means of payment in future in India as of July 2020 [Graph], CryptoTrends, August 1, 2020. [Online]. Available: https://www.statista.com/statistics/1170215/india-intention-on-use-of-bitcoin-as-a-means-of-payment-in-future/