WazirX Crypto Exchange | Wazirx Wiki.
Type- Private. Industry- Investment Category-Exchange Platform. Founded- 2018. Founder- Nischal Shetty. Headquarters- Mumbai, Maharashtra Area served- Worldwide. Key people- Sameer Mhatre, and Siddharth Menon
Number of employees- 50 people. Website- https://wazirx.com/ |
History-
WazirX Products and services-
WazirX Crypto Exchange provides more Cryptocurrency trading as compared to other exchanges in India. It has listed 250 plus Cryptocurrency and gives easy deposit and withdrawal services. The company also launched its own NFT platform for southern Asian countries.WRX Token-
Products Highlights-
- 1 million-plus app install with a rating of 3.9.
- Multilingual Support.
- Available on Android, iOS, Mac, and Windows.
Services-
With WazirX Crypto Exchange you can Buy and Sell trade in digital currency. It gave the 250 plus currencies a seamless interface for trading. WazirX exchange has opened your bank account for depositing fiat currency. It also provides the safest cold storage wallet so you can hold your cryptocurrency in that wallet.P2P Trade-
WazirX P2P is the next Generation system; it has a simplified process of deposit and withdrawal of fiat currency. The P2P system has been designed in a way that matching orders completely happen in record time. Also, users find an easy way to make a trade because the P2P interface is similar to regular trading.Partnership-
WazirX Crypto Exchange has strategic partnerships with De-Fi Apps, Exchanges & wallet, Bianance Ecosystems. It helped WazirX P2P to provide a seamless trading platform. WazirX native token based on Bianance Blockchain technology, the WazirX user can connect their account to the Bianance trading platform. It has some press coverage from different platforms such as Ciondesk, Bitcoin.com, Financial Express, CNBC Awaaz, Moneycontrol, NDTV profit, NewsX, Business Standard, etc.Security Highlights-
- Major chunks of funds in cold storage.
- Multi-signature wallet system.
- Full KYC and AML guidelines.
- Fund withdrawal request needs two-factor authentication.
- Regular security checks.
Controversy-
On 11 June 2021 WazirX Crypto Exchange received an ED notice for contravention of FEMA, 1999 for a transaction involving Cryptocurrency worth Rs 2790.04 Crore. After that company CEO Nischal Shetty said on the social media platform, should we receive a formal communication or notice from the ED, we’ll be fully cooperative in the investigation. In the end, he mentioned one note for their users, your funds are safe on WazirX.WazirX Account Opening-
- Download the WazirX app or visit the website, click on the sign-up button.
- Fill in your email address and desired password.
- Agree with all Terms and Conditions.
- Press the sign-up button.
- You will get a verification email, if you received it then verify the email. If you haven’t received it then check your spam folder or hit the resend button.
- Securing your account, you have to choose Authenticator apps.
- The last stage is KYC verification, for KYC verification you have to select your country and upload an ID document.
- After verifying your KYC, you will get access to your WazirX account.
Register Office Address- 23rd Floor, Opp CIDCO Exhibition Centre
| Management Nischal Shetty Founder Co-founder Co-founder | Industry Info. | Details BSE: NA
NSE: NA Series- NA ISIN: NA |
WazirX FAQ
WazirX is the fastest growing Cryptocurrency Exchange that gives you a platform for crypto trading in 100 plus cryptocurrencies on its apps and website.
In Nov 2019, the WazirX trading platform was acquired by the International Trading Exchange, it was announced through an email to the users that it was acquired by Binance.
Cryptocurrency is legal in India since March 2020, Supreme court gave the judgment to the Crypto Exchange sides. Wazirx exchange is legalized in India and they fulfil the Government norms regarding investments in cryptocurrency.
Wazirx is India's largest cryptocurrency exchange, it was founded by Indian person Nischal Shetty.