WazirX is one of the largest Indian crypto exchange forums and has become a popular destination for Indian crypto traders. WazirX provides 100+ cryptocurrencies to exchange, including BTC, ETH, LTC, XRP, DOGE, Binance coin, along with its WRX tokens, and the user of this platform is overgrowing. Binance is the largest cryptocurrency exchange platform globally, and it purchased WazirX by the close of 2019. This bodes well for WazirX’s prospects in India and the crypto market.
Trading on WazirX
Trading on waziX requires only 5-minutes to start by completing a few steps such as signing up, accomplishing the KYC (Know Your Customer) process, depositing INR, and then beginning the investment. NEFT/ RTGS/ IMPS, UPI, Net Banking, Bank Transfer, are the payment methods to deposit the INR.
WazirX wallet allows you to transfer your crypto assets. WazirX is a P2P exchange that allows you to buy and sell only in USDT without paying a fee. WazirX’s one-of-a-kind buyer and seller corresponding software match you with the appropriate seller auto when you purchase as a buyer.
WazirX has a referral program that allows you to earn a 50% commission on all trade charges.
WazirX Mobile App:
WazirX app offers the same features as 2P2 trading, spot trading, withdrawals, etc. The app has a straightforward user interface, and you can get it from the WazirX app – Playstore or the WazirX app – App store to ensure safety.
Is WazirX safe to trade?
WazirX buys and sells a variety of cryptocurrencies and coins using your local currency. It is a user-friendly forum in India and across the world, with many competitors. One of the primary reasons users delete their WazierX accounts is that this factor is widely cited in WazierX reviews.
Investors looking to sell or buy dips from the forum due to a fall in the cryptocurrency price caused the latest WazirX collapse, which saw 400 percent more traffic than the preceding month.
- Every transaction on WazirX is subject to a 0.2% commission. As per the company, one of the cheapest cryptocurrency trading commission rates in the world is 0.2.
- Users should also take note that using the app to transfer and withdraw cash may require spending money. Depositing money via bank transfer will set you back Rs. 9, while withdrawing money from the app will set you back Rs. 5 to 10 depending on how you withdraw money from WazirX.
- Beginner-friendly interface
- Affiliated with Binance
- No high liquidity
Jeremy is a crypto blog author who has been in the blockchain industry for 3 years. He loves to read and write about cryptocurrencies, blockchain technology, and cryptocurrency news. He is also an avid trader of various digital assets such as bitcoin and other altcoins on various exchanges including Binance, Bitfinex, Kraken, Kucoin etc.