What is WazirX (WRX) Complete Guide & Review About WazirX

What is WazirX (WRX) Complete Guide & Review About WazirX

About WazirX

WazirX a utility token backed by WazirX, forms the backbone of ecosystem. They launched tokens to involve the community in helping us build out WazirX, and reward them accordingly for contributing to the success. This helps us stay true to the ethos of cryptocurrency and blockchain – to share the rewards of WazirX’s success with the early adopters and supporters.

WazirX launched the world’s first auto-matching P2P engine in India when the Indian central bank banned banks from dealing with cryptocurrency businesses, and exchanges started shutting shops. As of today, WazirX P2P is the go-to method to deposit and withdraw INR in India, and growing steadily. don’t plan to stop with India. We’ll take P2P to more developing and underdeveloped countries and provide them with a simple fiat on-ramp solution that they deserve.

WazirX We’re building an exchange that will bring anyone who believes in crypto to join the digital cryptocurrency revolution. The world is moving on to this revolution at an unprecedented pace. Now is your time. With WazirX you can buy, sell & trade digital currencies with amazing ease, confidence and trust. Whether you’re a first time investor or a professional trader WazirX has got you both covered!

WazirX Storage Key Points

Coin BasicInformation
Coin Name Ravencoin
Short Name WRX
Circulating Supply293,763,596.01 WRX
Total Supply985,546,668
Source CodeClick Here To View white paper
ExplorersClick Here To View Explorers
Twitter Page Click Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Here’s How WazirX P2P Works

Buyer places USDT buy order, gets instantly auto-matched with a seller Both buyer and seller confirm sending and receiving payment respectively WazirX transfers the escrowed USDT to the buyer’s wallet WazirX P2P is the next generation P2P system – P2P 2.0 – that has simplified the process of depositing and withdrawing fiat tremendously. Users find it easy to use because the P2P interface and experience is similar to regular trading. Moreover, the P2P system has been designed in a way that matching and order-completion happen in record time. It’s hassle-free with zero learning curve, and available 24×7.

Smart Token Fund (STF)

At WazirX, the mission is to involve everyone in the blockchain revolution. the keep innovating, and building features to involve more people, and drive adoption. STF aims to involve enthusiasts who don’t have time to trade, don’t know which token to trade or how to trade. It’s a simplified community-driven initiative where cryptocurrency enthusiasts can find expert traders, and let them grow their cryptocurrency portfolio on WazirX. They have an existing community of pro traders who can trade with the funds of new entrants and in return, earn commission on the profits they make.

WRX Value

Some benefits for WRX token holders include but are not limited to: 50% Trading Fee Discount: We’ll offer a 50% trading fee discount to the people who pay fees using WRX tokens. They plan to run this program for 4 years in the following manner:

Year 1: 50% trading fee discount
Year 2: 25% trading fee discount
Year 3: 12.5% trading fee discount
Year 4: 6.25% trading fee discount

WRX Mining: Users in each country will be able to mine, unlock, and earn WRX tokens by performing P2P trades

Token Airdrop: Applicable when different companies agree to provide tokens to WazirX users in return for listing on WazirX or as a way to be promoted to all WazirX users. In such cases, we’ll distribute such airdrops based on the amount of WRX you hold

Listing fee: There might be fees for listing tokens on WazirX, and you can pay the same using WRX tokens.

Why Choose WazirX

Best In Class Security

We’ve left no stone unturned to make WazirX India’s most secure exchange. We’re investing in regular security audits to ensure a highly secured trading platform for India.

Super Fast KYC

Top of the line identity verification systems process your KYC within a few hours of signing up, while ensuring the right KYC protocol. We’re building in robustness to sharply reduce verification times.

Light Speed Transaction Performance

WazirX can handle Millions of transactions. Their system infrastructure can scale up in a few seconds to match surging demand.

Across 5 Platform

WazirX offers a seamless and powerful trading experience across all platforms – on Web, Android & iOS mobile, Windows, and Mac apps.

Simple and Efficient Design

Trading on the WazirX platform is a super fast experience you’ll fall in love with! We’ve built technology used by Millions, and that experience has helped us build this powerful exchange.

Team

WazirX app has a simple and neat user interface and experience ensuring that everyone – from novice cryptocurrency enthusiasts to pro traders – can trade on our platform seamlessly. the product and communications align with our mission of involving everyone into the blockchain revolution. They have over 170,000 app installs and an average rating of 4.4. Most of the app reviews mention the seamless UX and P2P.

What is WazirX (WRX) Complete Guide & Review About WazirX