44% of Gen Z investors began with crypto: WazirX

The Story in Brief

A new report from crypto exchange WazirX shows that 44.4 per cent of Gen Z investors on its platform began their investment journey with cryptocurrency. The data, released around International Youth Day, reveals that Gen Z accounts for 72 per cent of all new investors on WazirX in the first half of 2026. Nearly 80 per cent of these young users come from outside India's top 10 cities, with Mumbai and Delhi still having the highest individual concentrations. The median age of Gen Z investors is 25.

The report challenges the view that young investors only chase speculative assets. Gen Z users allocate 25 per cent of portfolios to blue-chip cryptocurrencies, 16 per cent to memecoins and 59 per cent to utility-focused categories like decentralised finance and Layer-2 ecosystems. About 52.8 per cent buy during mild market corrections, and 43.7 per cent even on worst trading days. Nearly 79.6 per cent have annual incomes between Rs 1 lakh and Rs 5 lakh; students make up 40 per cent of Gen Z users, followed by salaried professionals at 33 per cent and self-employed at 27 per cent.