WazirX Coin is WazirX’s utility token. It works depending on the Binance Blockchain. WazirX holders are rewarded with transaction fee discounts, WRX transaction mining, token airdrop, margin fee and various benefits on the trading exchange. WazirX, which describes itself as “India’s most trusted crypto currency exchange”, was launched in 2018. It is part of the Binance ecosystem with over 400,000 users. WazirX and Binance launched a $ 50 Million ‘Blockchain for India’ fund.
Features of WazirX
WRX is supported by Indian entrepreneurs with over 10 years of experience creating and scaling global products outside of India. It was acquired by Binance in November 2019. WazirX’s ultimate goal is to make crypto accessible to everyone in India.
WazirX coin which is acting on the principle of reliability, invests in regular security audits to provide India with a secure trading platform. World-class authentication systems process your KYC within a few hours of enrollment while ensuring the correct KYC protocol.
WazirX coin can handle millions of transactions and the system infrastructure can scale in a matter of seconds to meet the increasing demand. It offers a smooth and powerful trading experience across 5 platforms, on Web, Android, iOS, Windows and Mac apps.
Trading on the WazirX coin platform is easy and fast with its simple design. It offers various opportunities to its users, with powerful graphics, mobile applications etc. features. In addition, WazirX coin offers its users a reference program. Thanks to the referral program, users can get a 50 percent discount.
With WazirX, users can instantly use traditional deposit and withdrawal options, the Smart Token Fund feature that helps crypto investors find expert investors and allows them to manage their cryptocurrency portfolios, the P2P engine, over 80 cryptocurrencies, and the ability to log in with Binance.
The Smart Token Fund is one of its highlights to help crypto investors find expert traders and manage their cryptocurrency portfolios.
How to Buy WazirX Coin?
It can be purchased safely and quickly from Binance, which the world’s largest ryptocurrency trading platform in terms of transaction volume. The WRX coin has a supply limit of 1 billion. As the use of cryptocurrency expands, a significant increase in value and liquidity is expected. The WRX coin is currently being awarded to the WazirX exchange within the framework of the referral reward program and for membership.
WazirX thinks that the first step in gaining users’ trust is to incorporate them. It provides rewards and opportunities to motivate users who get involved early. WazirX developers also adhere to crypto and blockchain ethics to share wealth rather than accumulate it. Instead of organizing an ICO, WazirX is on the way to offer WRX coins to exchange users and participants as a reward and through various programs. In other words, the first owners of the WRX coin are also its own community.
WazirX’s coin Mobility
WazirX, which Binance bought in 2019, has become one of the largest cryptocurrency exchanges in the country with a daily volume of 350 million dollars. The daily volume of the exchange varied between 14 million and 141 million dollars in the first quarter of this year, according to CoinGecko data. Nischal Shetty, CEO of WazirX, said that this is the largest volume a cryptocurrency exchange has ever achieved in a single day in India. According to CoinDesk’s report, the exchange has 1.8 million users.
WazirX’s coin Performance
Today, WazirX coin price is 2.37 USD with a 24-hour trading volume of 93,309,431 USD but it is down 5,51% in the last 1 day. It is ranked 116 in the CoinMarketCap ranking. Its market value is 696,358,210 USD. Circulation supply is 293,763,596 WRX coins and no maximum supply information is available yet
This information is not investment advice. Do your own research.