Archive · 21 Aug 2026
CoinSwitch Study Shows Young India Drives Crypto, Older Investors Diversify
CoinSwitch studied how its Indian users invested in crypto during April through June 2026.
People aged 26 to 35 made up the biggest group on the platform.
The youngest adults joined in the largest numbers, but they sold more crypto than they bought.
Older investors bought slightly more than they sold.
Older users also tended to spread their money across more cryptocurrencies.
Bitcoin and Dogecoin were the most common pair of coins held together.
Uttar Pradesh had the largest share of investments on the platform.
The study only looked at CoinSwitch users, so it may not describe every crypto investor in India.
CoinSwitch found that investors aged 26–35 were its largest age group at 50.5%, while the article’s headline described nearly three-quarters as 35 or younger.
Investors aged 18–25 supplied 54.4% of new users but were the only group selling more than buying, with a buy-to-sell ratio of 0.65.
Investors aged 46 and above had the strongest buying bias at 1.14, while diversification generally increased with age.
Bitcoin and Dogecoin were the most popular pairing across age groups; Bitcoin ranked first in nine of the 10 largest investing states.
Uttar Pradesh accounted for 12.9% of CoinSwitch investment, and trading was busiest from 10–11 p.m. and on Thursdays.
- Who
- Indian cryptocurrency investors using CoinSwitch, with comments from CoinSwitch co-founder Ashish Singhal.
- What
- CoinSwitch analyzed investors’ ages, buying and selling behavior, cryptocurrency pairings, diversification, locations, and trading activity.
- When
- April–June 2026, or the second quarter of 2026.
- Where
- On the CoinSwitch platform in India; Uttar Pradesh recorded the largest investment share.
- Why
- To report how participation and investment preferences differed by age and location.
- Study
- CoinSwitch’s Q2 2026 edition of “India’s Crypto Portfolio: How India Invests”
- Age distribution
- Investors aged 26–35 accounted for 50.5% of the platform’s investor base; ages 36–45 accounted for 22.8%, ages 18–25 for 16.3%, and ages 46-plus for 10.5%.
- Youngest new investors
- The 18–25 group represented 54.4% of new investors, while the 26–35 group represented 25.4%.
- Buying behavior
- The 18–25 group had a buy-to-sell ratio of 0.65; investors aged 46 and above had the highest ratio at 1.14.
- Diversification
- Single-cryptocurrency holdings fell from 59.2% among ages 18–25 to 36.3% among ages 36–45; 9.1% of ages 36–45 held at least 10 cryptocurrencies.
- Popular holdings
- Bitcoin and Dogecoin were the leading pairing across age groups, followed by Bitcoin–Shiba Inu, Dogecoin–Shiba Inu, and Bitcoin–Ethereum.
- Leading locations
- Uttar Pradesh accounted for 12.9% of investment, followed by Maharashtra at 12.4%, Karnataka at 8.1%, and Delhi at 7.4%.
- Scope and activity
- The findings cover CoinSwitch activity only; 10–11 p.m. was the busiest hour, Thursday the busiest day, and Sunday the least active day.
