Last Updated on March 19, 2022 by Rashid Hassan
Cryptocurrency has been a worldwide talk in the trading market. The digital currency, not owned by any government has caught the attention of several investors and traders, who are vying for the huge profits either in the short term or in the long term. While, the cryptocurrency has been subject to approval and unapproval from several countries, the Indian government is still considering and opinioned of regulating the cryptocurrency.
As of now, several Indian cryptocurrency exchanges are running in the country, among which Wazirx is one of the names. Let’s check out Wazirx Review to find out what are the features of Wazirx and other important aspects of Wazirx App.
- 1 What is Wazirx?
- 2 Wazirx Features
- 3 Wazirx Integrations
- 4 Wazirx App at Android and iPhone
- 5 Wazirx Video
- 6 Wazirx Supporting Coins
- 7 What is Wazirx Token?
- 8 Wazirx Trading Fee
- 9 Wazirx Deposit and Withdrawal Fee
- 10 Wazirx FAQs
- 11 Wazirx Login and Signup
- 12 Related Amazon Products
What is Wazirx?
Wazirx is an Indian Cryptocurrency Exchange founded in 2018, which offers a simplified trading app ‘Wazirx App’ to trade in various cryptocurrency coins and tokens.
Let’s check out Wazirx Features to determine how Wazirx is performing with regard to the features:
- Simplified and innovative trading Wazirx app
- World’s first auto-matching P2P engine with high liquidity
- Introduction of WRX utility tokens
- P2P, NFT available with Wazirx
- Super-fast KYC
- Lighting speed transactions
- Instant deposit
- Instant withdrawal with very low processing fees
- WazirX offers a seamless and powerful trading experience across 5 different platforms like on Web, Android & iOS platforms, Windows, and Mac apps.
- Simple interface
- Efficient trading platform
Wazirx is integrated with Binance, one of the top cryptocurrency trading platforms of the world, which heightens its stature in the cryptocurrency world of India.
Wazirx App at Android and iPhone
Check out Wazirx App at Android as below:
Check out Wazirx App at iPhone as below:
Check out Wazirx Video as below:
Wazirx Supporting Coins
Wazirx offers more than 100 supporting coins till now which can be traded on the platform. Various tokens and coins are the part of the trading platform at Wazirx. Also, to mention WRX or Wazirx Token is the utility token of Wazirx.
What is Wazirx Token?
The WRX or Wazirx token is the utility token of Wazirx which is based on the Binance blockchain. With the total supply of more than 1 billion, WRX can be used for various purposes like trading fee discounts, WRX trade mining, token airdrop, margin fee, and more.
Wazirx Trading Fee
Wazirx charge a flat fee of 0.2% on all buy and sell trades for all markets on WazirX. While, this may seem on the higher side considering that the other platforms are looking towards the trading fee of 0.1%, which can be considered as the average trading fee in today’s time.
Wazirx Deposit and Withdrawal Fee
Wazirx deposit and withdrawal fee structure is as mentioned below:
Instant withdrawal: Minimum withdrawal INR 1000, while the maximum limit is 5 lacs per transaction. Also, the total money withdrawal is up to 1 Cr. per day. Charges applicable per withdrawal is INR 10.
NEFT withdrawal: Minimum withdrawal INR 1000, while the maximum limit is 50 lacs per transaction. Also, the total money withdrawal is up to 1 Cr. per day. Charges applicable per withdrawal is INR 5.
Check out Wazirx FAQs as mentioned below:
Is Wazirx an Indian Platform?
Yes, Wazirx is an Indian Platform which was launched in 2018.
Is trading at Wazirx legal in India?
Since cryptocurrency is in the phase of the regulation in India, at this moment trading at Wazirx is completely legal.
Who are the founders of Wazirx?
Wazirx founders are namely Nischal Schetty, Sameer Mhatre and Siddharth Menons who running this platform.
Can someone earn through commission at Wazirx?
Yes, one can earn commission through Wazirx by recommending it to someone else.
Can Wazirx be trusted and is completely legal in India?
Yes, Wazirx can be completely trusted and is completely legal.
Wazirx Alternatives in India
Check out Wazirx Alternatives in India as mentioned below:
- CoinSwitch Kuber
Wazirx Login and Signup
Check out Wazirx Login and signup at https://wazirx.com/