WazirX (founded in March 2018) is a P2P Cryptocurrency exchange that will enable users to buy, sell and trade digital assets and cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple (payment protocol).
Overviewof WazirX Token
WazirX is the first exchange that came with p to p bank transfer of funds after RBI’s ban in India. It is already a market leader in the Indian cryptocurrency ecosystem.
WazirX’s acquisition by Binance is another step towards making cryptocurrency accessible to everyone in the world.
WazirX’s native token, WRX, is the utility token forming the backbone of the WazirX ecosystem. WRX token is based on the Binance blockchain. Its total supply is 1 Billion.
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 are 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 a zero learning curve, and available 24×7.
Since its inception, WazirX P2P has been a game-changer in the Indian cryptocurrency ecosystem. In 2018, when traditional P2P options launched in India, WazirX P2P emerged as the top choice for users. Multiple P2P trade matches happen every minute, and 90% of P2P trades are completed within 10 minutes. P2P is growing at a rate of over 9.5% every month.
WazirX Smart Token Fund (STF)
WazirX mission is to involve everyone in the blockchain revolution. and 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.