About

WazirX (WRX) is the native utility token of WazirX, a cryptocurrency exchange. The token is used for various purposes within the platform including discounted transaction fees, participation in token sales, and rewards distribution. It operates on the Binance Smart Chain and was introduced to incentivize the growth and use of the WazirX trading platform.

History

Launched in 2018, WazirX is an Indian cryptocurrency exchange with a team reported over 1 Million users. WazirX is a part of the Binance ecosystem. The goal of WazirX is to make crypto accessible to everyone in India. WazirX is a part of Binance ecosystem, and available for global audience. Key features include:

• Instant INR (fiat) deposit and withdrawal options
• 150+ tokens
• Smart Token Fund to find traders, and let them manage cryptocurrency portfolios
• Auto-matching P2P engine
• Login via Binance option

WRX is the utility token of WazirX. WRX token is based on the Binance blockchain. Its total supply is 1 Billion. 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. WazirX was also acquired by Binance in November 2019.