Wazirx Review – Indian Cryptocurrency Exchange Features, Trading Fee and FAQs

Last Updated on March 19, 2022 by Rashid Hassan

Cryptocurrency has been a worldwide talk in the trading market. The digital currency, not owned by any government has caught the attention of several investors and traders, who are vying for the huge profits either in the short term or in the long term. While, the cryptocurrency has been subject to approval and unapproval from several countries, the Indian government is still considering and opinioned of regulating the cryptocurrency.

As of now, several Indian cryptocurrency exchanges are running in the country, among which Wazirx is one of the names. Let’s check out Wazirx Review to find out what are the features of Wazirx and other important aspects of Wazirx App.

What is Wazirx?

Wazirx is an Indian Cryptocurrency Exchange founded in 2018, which offers a simplified trading app ‘Wazirx App’ to trade in various cryptocurrency coins and tokens.

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Wazirx Features

Let’s check out Wazirx Features to determine how Wazirx is performing with regard to the features:

• Simplified and innovative trading Wazirx app
• World’s first auto-matching P2P engine with high liquidity
• Introduction of WRX utility tokens
• P2P, NFT available with Wazirx
• Super-fast KYC
• Lighting speed transactions
• Instant deposit
• Instant withdrawal with very low processing fees
• WazirX offers a seamless and powerful trading experience across 5 different platforms like on Web, Android & iOS platforms, Windows, and Mac apps.
• Simple interface
• Efficient trading platform

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Wazirx Integrations

Wazirx is integrated with Binance, one of the top cryptocurrency trading platforms of the world, which heightens its stature in the cryptocurrency world of India.

Wazirx App at Android and iPhone

Check out Wazirx App at Android as below:

Register QR-Code

WazirX: Buy Bitcoin & Crypto

Developer: Zanmai Labs Private Limited

Price: To be announced

Check out Wazirx App at iPhone as below:

Download QR-Code

‎WazirX: Buy BTC & Trade Crypto

Developer: Zanmai Labs Private Limited

Price: Free

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Wazirx Video

Check out Wazirx Video as below:

Wazirx Supporting Coins

Wazirx offers more than 100 supporting coins till now which can be traded on the platform. Various tokens and coins are the part of the trading platform at Wazirx. Also, to mention WRX or Wazirx Token is the utility token of Wazirx.

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What is Wazirx Token?

The WRX or Wazirx token is the utility token of Wazirx which is based on the Binance blockchain. With the total supply of more than 1 billion, WRX can be used for various purposes like trading fee discounts, WRX trade mining, token airdrop, margin fee, and more.

Wazirx Trading Fee

Wazirx charge a flat fee of 0.2% on all buy and sell trades for all markets on WazirX. While, this may seem on the higher side considering that the other platforms are looking towards the trading fee of 0.1%, which can be considered as the average trading fee in today’s time.

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Wazirx Deposit and Withdrawal Fee

Wazirx deposit and withdrawal fee structure is as mentioned below:

Instant withdrawal: Minimum withdrawal INR 1000, while the maximum limit is 5 lacs per transaction. Also, the total money withdrawal is up to 1 Cr. per day. Charges applicable per withdrawal is INR 10.

NEFT withdrawal: Minimum withdrawal INR 1000, while the maximum limit is 50 lacs per transaction. Also, the total money withdrawal is up to 1 Cr. per day. Charges applicable per withdrawal is INR 5.

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Wazirx FAQs

Check out Wazirx FAQs as mentioned below:

Is Wazirx an Indian Platform?

Yes, Wazirx is an Indian Platform which was launched in 2018.

Is trading at Wazirx legal in India?

Since cryptocurrency is in the phase of the regulation in India, at this moment trading at Wazirx is completely legal.

Who are the founders of Wazirx?

Wazirx founders are namely Nischal Schetty, Sameer Mhatre and Siddharth Menons who running this platform.

Can someone earn through commission at Wazirx?

Yes, one can earn commission through Wazirx by recommending it to someone else.

Can Wazirx be trusted and is completely legal in India?

Yes, Wazirx can be completely trusted and is completely legal.

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Wazirx Alternatives in India

Check out Wazirx Alternatives in India as mentioned below:

• Unocoin
• Zebpay
• Binance
• CoinDCX
• CoinSwitch Kuber

Wazirx Login and Signup

Check out Wazirx Login and signup at https://wazirx.com/

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