Wazirx Best Indian Cryptocurrency exchange
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Bitcoin |
There are many Cryptocurrency exchanges in India such as Zebpay, Bitbns, Unocoin but for the current situation, Wazirx is the best Cryptocurrency exchange in India.
Wazirx is the most trusted exchange that deals with Cryptocurrency in India. Wazirx Indian Cryptocurrency exchange is the trusted and cheapest place to buy, sell and trade Cryptocurrency in fiat currency.
Nischal Shetty is the founder and CEO of Wazirx coin(wrx) and Cryptocurrency exchange.
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| Nischal Shetty: Wazirx founder and CEO |
Is Wazirx is Legal in India?
The short answer is Yes, it is legal to invest in Bitcoin in India and other altcoins also. Initially, RBI of India was opposed to deal with in Cryptocurrency but as per Supreme court Judgement, it is legal in India now. Can do trading in Cryptocurrency. Still, there is no rules and regulation from the government of India to trade in cryptocurrency.
Is Wazirx is Safe?
Yes, it is a safe exchange. But as it is a trading platform it will not provide complete security, as day to day Bitcoin theft is increasing, it is advisable to maintain less fund and Bitcoin on an exchange, or to maintain the Bitcoins and other altcoins use a secure offline wallet for more security.Which coins Wazirx deals with?
The parent organization of Wazirx is Binance Holdings Limited. Wazirx has a collaboration with Binance exchange due to that it deals with more than a hundred coins.
In Wazirx exchange, bye, sell and trade is possible with fiat currency. Wazirx supports to pair to pair (P2P) transition, INR to Dollar also.
Wazirx exchange has its own Wazirx coin (wrx). Currently, WRX price in INR is Rs.9.60 and in WRX in BTC is 0.00001077 Satoshi.
Wazirx deals in INR to Dollar INR to BTC, INR to XRP, INR to LTC, INR to ETH.
Wazirx coin (WRX) is listed on international exchanges also.
How Wazirx works?
Wazirx is a Cryptocurrency exchange with advanced features. Wazirx has a mobile app as well as a desktop version for trading, buying, and selling. In wazirx exchange, you can deposit or withdraw Cryptocurrency and also Cash in and cash out in USD.
Wazirx trade in fiat currency that is in rupees, dollar as well as in Peer to Peer (P2P). Wazirx exchange trade in BTC to USD, BTC to ETH, BTC to XRP, and BTC to other Altcoins and wazirx P2P also.
Wazirx has good transition speed and security. You can store your cash or coins in this wallet but it is advisable to store in safe mode. It could be an offline wallet.
Is Wazirx is registered on Coin Market Capitalisation (CMC)?
First of all, we need to understand what is the Coin Market Capitalisation (CMC)? The CMC is a site that measures the size of the particular Cryptocurrency and ranks it according to the size (Market Capital of the coin).
Now our question is, does it registered or not on Coin Market Cap? Then answer is yes, it is registered and according to Coin Market Cap total Wazirx coin market capitalization is around 28,430,739 US dollars. Wazirx ranking on 191 position, according to Wazirx market capitalization on Coin Market Capital. The position of the coin is changing continuously due to high volatility in the market.
The total supply of Wazirx coin (WRX) is 999,166,667 WRX and the circulating supply of the coin is 228,379,456 WRX.
Wazirx is listed on international exchanges also like Binance exchange, poloniex exchange, FTX exchange, CoinDCX exchange, Biki Exchange, Bitsonic exchange, sistemkoin exchange, etc.
What is the Wazirx current in India?
In India, Wazirx coin is considered as Indian Bitcoin, wazirx Bitcoin. The current price of Indian Bitcoin that is Wazirx Bitcoin is mentioned as below.
Wazirx coin price valuation as per different currencies.
Wazirx coin price in INR is Rs.9.60
Wazirx price in USD is $0.1244
Wazirx price in BTC is 0.00001677 BTC
Wazirx price in BNB is 0.00554500 BNB
How do you sign-in on Wazirx?
Wazirx App is available in Android, iOS, and Web(desktop)
version also. You need to do is download the Wazirx Android app from the play store or open the desktop version of Wazirx.
version also. You need to do is download the Wazirx Android app from the play store or open the desktop version of Wazirx.
1. Click on the sign-up button.
2. Enter mail-id and a password again confirms password.
3. Once you entered these details
4. Mobile and mail-id verification
5. Enter a One-time password (OTP) that received on your mobile.
your mail id and mobile number verification completed.
Then set, your account is created but only creating an account is not sufficient, for trading needs to approve account by completing KYC. Once KYC did you can do the transition in INR also.
2. Enter mail-id and a password again confirms password.
3. Once you entered these details
4. Mobile and mail-id verification
5. Enter a One-time password (OTP) that received on your mobile.
your mail id and mobile number verification completed.
Then set, your account is created but only creating an account is not sufficient, for trading needs to approve account by completing KYC. Once KYC did you can do the transition in INR also.
How to Do Wazirx KYC:
For Wazirx KYC verification you need to provide government authorized documents, see below-mentioned documents required for Wazirx KYC verification.- Name
- Address
- Date of Borth (DOB)
- PAN Card
- Adhar Card
- Bank Details
After providing all documents, will take some time to verify your details. Once it verified then you can do trading in Wazirx app.
Additional Information:
What is Bitcoin?
Bitcoin is a virtual currency or we can say it as a Digital Currency or Cryptocurrency.
Bitcoin is a Cryptocurrency invented in 2008 by an anonymous person named Satoshi Nakamoto. Bitcoin started implementation in open-source software in 2009.
Bitcoin is the world's largest market capitalization Cryptocurrency. Unlike fiat currency Bitcoin can be created, distributed, traded, and stored in a digital ledger wallet.
Bitcoin is a Blockchain-based decentralized Cryptocurrency. Bitcoin is Cryptocurrency not like as centralized government currency. Centralized can be controlled, regulate, and operated by the government.
Decentralized can not be controlled by the government, it is only operated through Blockchain technology.
Bitcoin is a Cryptocurrency invented in 2008 by an anonymous person named Satoshi Nakamoto. Bitcoin started implementation in open-source software in 2009.
Bitcoin is the world's largest market capitalization Cryptocurrency. Unlike fiat currency Bitcoin can be created, distributed, traded, and stored in a digital ledger wallet.
Bitcoin is a Blockchain-based decentralized Cryptocurrency. Bitcoin is Cryptocurrency not like as centralized government currency. Centralized can be controlled, regulate, and operated by the government.
Decentralized can not be controlled by the government, it is only operated through Blockchain technology.
Is Bitcoin is legal currency?
Bitcoin is having mass adoption worldwide due to its security and technology used in it. Some of the countries are regulated Bitcoin as legal tender but some of the countries are not considered legal tender. In some countries, it is not banned nor accepted.
Japan is the world's first country that accepted Bitcoin as a legal tender and started trading in Bitcoin in day to day life.
What is Bitcoin market capital?
Bitcoin is considered as a Father of Cryptocurrency. The world's largest cryptocurrency is Bitcoin. On the basis of market capitalization, bitcoin is rank on 1st position in the world.
The total Bitcoin market capitalization is $215,398,344,833 US Dollars. Bitcoin is available on all exchanges.
The maximum supply of Bitcoin is 21,000,000 BTC and the circulating supply is 18,455,637 BTC.
The current bitcoin price is $11,671 US Dollars. Price may vary from time to time due to high volatility in the cryptocurrency market.
Conclusion:
Cryptocurrency Wazirx coin is legal to do buy, sell and trade in India. It is safe and secure to keep your fund in the Wazirx wallet.
India is the fastest-growing country in the world and has a heavily populated country. So digitization is the future necessity of India. Bitcoin has the fastest adoption overall world, how India can be on backfoot. I think this revolutionary blockchain technique may change India as well as the world.
I hope you like this article, please share your comment and share it as possible as on social media.
The total Bitcoin market capitalization is $215,398,344,833 US Dollars. Bitcoin is available on all exchanges.
The maximum supply of Bitcoin is 21,000,000 BTC and the circulating supply is 18,455,637 BTC.
The current bitcoin price is $11,671 US Dollars. Price may vary from time to time due to high volatility in the cryptocurrency market.
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Bitcoin Digital Currency |
Conclusion:
Cryptocurrency Wazirx coin is legal to do buy, sell and trade in India. It is safe and secure to keep your fund in the Wazirx wallet.
India is the fastest-growing country in the world and has a heavily populated country. So digitization is the future necessity of India. Bitcoin has the fastest adoption overall world, how India can be on backfoot. I think this revolutionary blockchain technique may change India as well as the world.
I hope you like this article, please share your comment and share it as possible as on social media.
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