South Asia’s crypto market, including India and Sri Lanka, is “rapidly maturing” as investors prioritize security and education, even as adoption rates rise, according to a report by Binance, one of the world’s largest cryptocurrency exchanges.
The Asia Crypto Security Survey analyzed 29,847 valid responses, including 3,321 from South Asia. Rather than being dominated by early adopters, the survey revealed that nearly 28% of South Asian participants began using crypto about six months ago, while a similar proportion has been active for over a year, and some for more than two years.
“This blend of newcomers and seasoned users signals an ecosystem in transition: evolving from speculative interest to sustained participation,” Binance noted.
More than 64% of respondents reported using crypto exchanges several times a week or even daily. The survey also showed a strong desire for more anti-scam education—particularly through gamified learning—and for simpler technical content on crypto platforms.
“This data clearly shows that South Asian crypto users are serious, discerning, and increasingly security-conscious,” said Bader Al Kalooti, MENASAT Head of Growth & Operations at Binance. “They’re demanding trustworthy platforms, transparent protections, and interactive education. For any platform looking to build long-term loyalty, the message is clear: empower your users, earn their trust, and grow with them.”
