WazirX is the largest crypto exchange in India with over half a million users. In this article, “What is WazirX?” We will answer the question. In addition, we will touch on other questions about the project.
What is WazirX? What does it do?
WazirX is an Indian crypto exchange launched in 2018. At that time it was focused solely on the Indian market. At that time, the website was essentially unavailable to foreign crypto traders. The number of users grew quite quickly to 7.3 million.
According to WazirX, getting started with crypto is still very difficult for many people. They do not specifically mean crypto trading, but mainly enter the market. This is because many people don’t understand how crypto works, which means they don’t know where to buy it. Crypto is hard to buy according to these people, not according to WazirX and it doesn’t have to be.
WazirX states that the biggest problem is converting fiat money to crypto (and vice versa). For example, many crypto exchanges only accept payment methods that most people fail to pay. As a result, this group of people quickly ignores crypto and doesn’t start with it.
That’s why WazirX’s goal is to introduce as many people as possible to the crypto world by making entry as easy as possible. According to WazirX, anyone should be able to buy and own crypto quickly, easily and securely. They do this by making their crypto exchanges as accessible as possible to the public, mostly based in India.
What is WRX coin?
WRX coin is the native token of WazirX. The token is based on the Binance blockchain. Its total supply is 1 Billion. However, token holders will be rewarded with various benefits on the exchange such as trading fee discounts, WRX trading mining, token airdrop, margin fee and more.
How does WazirX work?
WazirX is the largest and fastest growing crypto exchange in India with over half a million users. It is part of the Binance ecosystem and the two have created a $50 million Blockchain Fund for India. WazirX does not only serve Indian users, but can be used for global audiences as well.
It comes with a number of key features such as 80+ available tokens, instant INR deposits and withdrawals, the world’s first highly liquid auto-matching P2P engine, a smart token fund aimed at helping crypto investors find and own expert traders.
What is WazirX? How to buy WRX coin?
WazirX is currently traded on numerous cryptocurrency exchanges. People who want to invest in the project should open an account in one of the exchanges where the project is traded. However, the exchanges where WazirX is traded are listed as follows: Binance, FTX, KuCoin, Gate.io. Users who want to invest in the project should open an account on one of these exchanges.
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