“making cryptocurrency rewarding”
WazirX is a safe, transparent, and trustworthy cryptocurrency exchange app, allowing you to buy and sell Bitcoin, Ripple, Ethereum, Tron, Zilliqa, and more available cryptocurrencies. It gives an avenue for individuals to buy Bitcoin and other cryptocurrencies by depositing INR via UPI or IMPS.
WRX is the native utility token of WazirX. WRX token is based on the Binance blockchain. The total supply of WRX in circulation is about 1 billion.
There are many interesting facts to know about this exchange app, I will like to show you around.
Is Wazirx LEGIT?
To have made WazirX India’s most reliable exchange shows its legitimacy. WazirX has been investing in regular security systems to ensure a highly secured trading platform.
Wazirx BONUSES & REWARDS
WazirX can successfully handle Millions of transactions. The system infrastructure can modify itself within split seconds to match surging demand. WazirX offers a seamless and powerful trading scheme and experience across all platforms – on Web, Android & iOS mobile, and windows.
Trading on the WazirX platform is a super-fast experience you can’t get tired of. It has the technology used by Millions, and that experience has helped to build this powerful exchange over time.
Wazirx Key Features
- Instant INR (fiat) deposit and withdrawal options
- Smart Token Fund to help crypto investors find expert traders, and let them manage their cryptocurrency portfolio
- World’s first auto-matching P2P engine with high liquidity
- 100+ tokens
- Login via the Binance option
However, WazirX stores almost 95% of your funds in offline cold storage, keeping it safe from any hacking attempts. You can also keep track of a couple of things to secure your assets.
How to Set Up an Account with Wazirx
WazirX offers you several options for you to buy bitcoin or any other cryptocurrency according to your budget.
To start, you need to set up an account on WazirX. Following these outlined basic steps:
- Download the WazirX app or visit the website. Then hit the Sign-Up button
- Fill in your valid email address
- Read through the terms of service and click “agree”.
- Press the “sign up” button and verify your email address.
- Secure the account with the authentication process.
Available Coins on Wazirx
Bitcoin(BTC), Ethereum(ETH), Dogecoin(DOGE), Shiba INU (SHIB), Litecoin(LTC), Binance coin(BNB), Cardano(ADA), Polkadot(DOT), Bitcoin cash(BCH), Stellar(XLM), Tether(USDT), Chainlink(LINK), Monero(XMR), Ethereum classic (ETC),Tron(TRX) and many others.
Withdrawal and Deposit
How long does Wazirx withdrawal take?
Currently, withdrawals could take up to 24 hours to process. It processes withdrawals as fast as possible, almost immediately. Most times, withdrawals are processed in much lesser time than estimated
How to Withdraw On Wazirx
- Click on Funds at the top right of your screen
- Select the coin you want to Withdraw, Click on the Withdraw button
- Type or paste the Destination Address. Cross-check the destination address carefully.
- Enter the amount of coin you want to move.
- Click on Proceed. You will be sent a One Time Password (OTP) on your mobile
- Enter your OTP and Click on confirm.
- Open your email & click on Approve this withdrawal button in the confirmation email you receive.
There are supported cryptocurrencies that WazirX accepts. It supports hundreds of crypto coins such as BTC, RIPPLE, ETH, LTC, DOGE, BNB, and its native coin WRX.
|Payment Method||Type||Minimum Deposit||Maximum Deposit||Average Deposit Time||Average Withdrawal Time|
|Bank transfer||Credit / Debit Card||10 Minutes||2 Days|
|UPI||100 INR||Instant||Almost immediately|
Wazirx Customer Support
Becoming India’s most trusted cryptocurrency exchange is not an easy feat. It is an achievement that came with diligence and customer reviews over time. WazirX is a company concerned with customers; they’ve built a foundational relationship with the customers. They focus on YOU – the community and the services they render – while building and shipping out new features and initiatives. Whether it’s services, marketing, or customer relationships, WazirX aims to be the best out there.
Wazirx Mobile App
WazirX mobile app is a popular cryptocurrency exchange platform that can be used to trade cryptocurrencies using your national currency. The app has a simple user interface and it’s designed to be user’s friendly. You can easily download it from the play store or app store.
How to Trade On Wazirx
WazirX works on a unique trading system, where you can send money to the app, using a bank transfer. The money is then added to your WazirX wallet, which can be used to buy cryptocurrencies of choice. It must be noted that users will have to finish their KYC process before they can effectively start trading on this cryptocurrency platform.
Wazirx Trading Fees
To withdraw from your WazirX wallet to another wallet attracts a specific withdrawal fee depending on the cryptocurrency. Say you want to withdraw 1 BTC from your wallet, it attracts a fee of 0.0005 BTC before it is processed.
Example – 1BTC – 0.0005 BTC = 0.0995 BTC
Wazirx Liquidity Pool
WazirX Liquidity management system ensures ease for customers and reduced risk. It is designed to perform algorithm token trades subjected to high price volatility. It also supports ERC-20 and EOS Tokens.
WazirX futures allow investors to gain exposure to crypto coins without having to hold the underlying cryptocurrency. It allows investors to speculate on the future price of crypto coins.
Frequently Asked Questions
- Is WazirX trusted?
Yes, it is a worldwide exchange platform used by Millions.
- IS WAZIRX a Bitcoin wallet?
WazirX is an Indian cryptocurrency exchange scheme that offers both buyers and sellers a safe wallet for their crypto coins and assets.
- Is trading on WazirX risk-free?
WazirX is a cryptocurrency exchange platform that ensures all necessary measures for the safety of your crypto assets and funds.
Conclusions on Wazirx
WazirX is known to be an Indian crypto exchange platform with millions of users. To start trading, you have to ensure the completion of fee necessary steps which include, signing up, KYC completion, and placing an order. WazirX allows using NEFT/RTGS/IMPS AND BANK TRANSFER to make deposits.
WRX coin is a native coin of WazirX. However, it offers you a 24/7 support system.