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WazirX

WazirX

WazirX is an India-based Bitcoin and cryptocurrency exchange, acquired by Binance in 2019.

Overview

WazirX is an India-based Bitcoin and cryptocurrency exchange headquartered in Mumbai, India, that offers an auto-matching P2P (peer-to-peer) engine. WazirX launched the P2P engine in India when the Indian central bank banned banks from dealing with cryptocurrency businesses.

WazirX was started in 2018 by Nischal Shetty, Sameer Mhatre and Siddharth Menon and was acquired by Binance in November 2019. WazirX is available on five platforms—Web, Android & iOS mobile, Windows, and Mac apps. In January 2022, WazirX was India's largest digital currency exchange, with 60-70 percent of the Indian digital currency exchange market share, and the largest NFT marketplace in India. WazirX's NFT marketplace hosts digital art, focusing on artists new to selling their work online, music and plans to expand to digital games. As of February 22, 2022, WazirX's 24-hour trading volume was about $55 million with 229 coins and 428 trading pairs on the exchange.

WRX Token

On January 21, 2020, Binance announced the launch of the WazirX WRX token, which will have a maximum of 1 billion coins. WazirX launched WRX tokens to involve its community in building out WazirX, and reward them accordingly for contributing.

The token holders will be rewarded with various benefits on the trading exchange like trading fee discounts, WRX trade mining, token airdrop, margin fee, and more. WRX and WRX are backed by Indian entrepreneurs with over 10 years of experience in building and scaling global products out of India. The goal of WazirX is to make crypto accessible to everyone in India.

Timeline

January 21, 2020
Binance launches WazirX token "WRX."
November 2019
Binance acquires WazirX.
2018
WazirX founded by Nischal Shetty, Siddharth Menon, and Sameer Mhatre.

Products

Patents

Further Resources

Title
Author
Link
Type
Date

API Documentation

Web

Blockchain Explained - WazirX Blog

Web

March 1, 2021

How To Buy Crypto on WazirX? Bitcoin (BTC), Ethereum (ETH) etc Kaise Kharede? WazirX India Live Demo

Web

January 12, 2021

Step by Step Guide: How to use WazirX

Web

May 6, 2020

The next phase of WazirX begins 🚀 -- Part 1 - WazirX - Medium

WazirX Bitcoin Exchange

Web

November 20, 2019

News

Title
Author
Date
Publisher
Description
September 19, 2021
The Economic Times
Exchanges see surge in signups by young and savvy pros from Patna, Bhopal, Vadodara during pandemic.
September 4, 2021
The Economic Times
"There are four major classifications of crypto and it is a welcome move for the entire industry. We are all excited; it is a great progress for the entire ecosystem."
Zee News
August 27, 2021
Zee News
a42h9sma on sign up at Wazirx get 50% commission for using our Wazirx referral code 2021 share your Wazirx app referral code 2021 with your friends and earn commission. Wazirx Referral Code Use Wazirx referral code: a42h9sma on Sign Up to get 50% commission on each refer.
ANURAG TAGAT
August 12, 2021
The Hindu
13-year-old Laya Mathikshara is exploring space, codes and the pandemic through NFTs
August 11, 2021
Moneycontrol
WazirX in a statement said the influx of cheaper and faster internet clubbed with continuously-lowered smartphone prices have led to rapid internet penetration in the semi-urban cities and rural towns of India.
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References

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