WazirX is best cryptocurrency exchange in India. Started in 2018, WazirX has grown to be the most trusted cryptocurrency trading app in the Indian crypto market. Most important it is a part of Binance group, which is the world’s largest crypto exchange, serving users in 180 countries.
Also, WazirX and Binance have recently announced a $50 million Blockchain India Fund in alignment with its vision of making crypto accessible to India.
With a volume of $5.4 billion per month, and growing at an exponential pace, WazirX is seeing a steep rise in the number of new users as well as trading activity. With 6 million registered users, WazirX’s growth has just started.
Furthermore, WazirX and Nischal Shetty, the pioneer of the #IndiaWantsCrypto movement, have a social media reach of more than 5 million.
What Is A Cryptocurrency?
Without a doubt, two words make up the word cryptocurrency – ‘crypto’ and ‘currency’. Crypto stands for cryptography. A cryptocurrency uses cryptography to secure, conduct, and validate monetary transactions.
Above all, no individual or organization controls the creation and issuance of cryptocurrencies as they exist on distributed, decentralized networks called blockchains.
Blockchains basically consist of information packets called ‘blocks’ that are interconnected in a ‘chain’ type arrangement. Contrary to centralized ledgers maintained by banks or data repositories ‘controlled’ by software and networking behemoths, blockchain is a decentralized ‘peer-to-peer’ digital ledger.
WRX Utility Token:
Registering the best wazirx account lets to easily make a quick exchange. WRX Utility token is also used for the WazirX ecosystem, which is the fastest-growing crypto exchange. The WRX Utility token is mainly issued as well as circulated with Binance Chain, and these involve with Binance crypto exchange. Making the wazirx open account gives you better access for exchanging the limited supply of 1 billion. There is more than 10% burned with the future for strengthening the dynamics.
Wazirx Trading Community:
WRX introduced many new features that involve the WazirX community. Quick wazirx new account opening assures with the building the right platform. You can easily get rewarded by contributing to the success of the platform. It is quite easier to open wazirx account evolving use cases of native coins for enhancing more features.
The fundamental use of WRX is with paying the trading fees so that you can easily make a wazirx account opening on the WazirX platform. It also extensively brings ample discounts, even more than 50% for trading fees. Paying trading fees on the WazirX platform uses WRX tokens. You can easily open an account in wazirx and get a 50% discount for the first year.
How To Open a Crypto Trading Account for cryptocurrency trade on WazirX?
WazirX offer a plethora of options for you to buy bitcoin or any other cryptocurrency according to your budget. It also provides essential news for cryptocurrency,
To start, you need to set up an account on WazirX. India’s most trusted and best cryptocurrency app till now. Follow the below steps for the same:
- To begin with you need to Download the WazirX app or visit the website. Then hit the Sign Up button
- Afterward fill in your email address (one that you use frequently), and your desired password
- Click on the Terms of Service checkbox, but go through it once before checking
- Then press the Sign Up button
- Hence, you will be sent a verification email after hitting the sign-up button. Once email received, click on Verify Email to complete the process. On successful verification, you should see this message:
Securing Your Account
Thus for security purposes, we highly recommend enabling 2-factor authentication (2FA). You can do so by downloading the Google Authenticator app and connecting it to your account.
The last and foremost stage in the account set up process is KYC verification. Select your country from the list:
Then verify your KYC and finish the process. After that do click on WazirX Login and guess what!!, you are all set to buy Cryptocurrencies from WazirX!