# Bitcoin and Dogecoin top crypto pair for Indian investors: study 2026-08-20T19:18:22+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Bitcoin and Dogecoin are the most popular crypto pairing among Indian investors across all age groups, according to CoinSwitch's Q2 2026 edition of its report, India's Crypto Portfolio: How India Invests. The report, based on activity on the CoinSwitch platform, also found that younger investors lead new market participation, while older investors show stronger buying conviction and greater diversification. Investors aged 18-25 accounted for 54.4% of new investors in Q2 2026 but were the only group to sell more than they bought, with a buy-to-sell ratio of 0.65. In contrast, investors aged 46 and above had the strongest buying conviction at 1.14. Portfolio diversification increased with age: 59.2% of those aged 18-25 held a single crypto, compared to 36.3% among those aged 36-45. Uttar Pradesh was the largest crypto market, accounting for 12.9% of total investment, followed by Maharashtra at 12.4%. Bitcoin was the most preferred crypto in nine of India's 10 largest investing states, Andhra Pradesh was the exception, where Dogecoin ranked first. The findings reflect only CoinSwitch users and not other platforms. ## Indian Opinion Analysis CoinSwitch, backed by Coinbase and Tiger Global, is one of India's largest crypto exchanges, so its user data offers a meaningful slice of retail crypto behaviour. The sell-heavy pattern among young investors suggests they may be taking quick profits or trading actively, while older investors hold and accumulate, possibly for longer-term goals. As India's crypto regulatory framework remains unclear, with no comprehensive law yet, these behavioural shifts matter: if older, higher-conviction investors keep buying, demand could stay resilient regardless of regulatory noise. Watch for the next RBI or Finance Ministry statement on crypto taxation or classification, which will likely shape the next quarter's flows. ## Coverage - livemint.com Leads with study findings and data, no editorialising or government framing. This story was synthesised by AI from the source linked above. Tags: Bitcoin, CoinSwitch, Dogecoin, Maharashtra, Uttar Pradesh Canonical: https://indianopinion.org/bitcoin-and-dogecoin-top-crypto-pair-for-indian-investors-study/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/bitcoin-and-dogecoin-top-crypto-pair-for-indian-investors-study/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/