WazirX's native utility token is WRX. It's designed to be the foundation of the entire WazirX ecosystem. Binance Chain, Binance's own blockchain, is used for the token's circulation and issuance. WazirX is a cryptocurrency exchange in India that allows you to buy, sell, and trade digital assets such as Bitcoin, Ethereum, Litecoin, and Ripple. WazirX's existence and viability as a crypto exchange are dependent on WRX tokens. As WazirX's popularity rises in India, an investment in WRX will be a win-win situation for both investors and WazirX.
What are WRX coins? WRX Token (WRX)
WRX is a digital asset, similar to Bitcoin. There will only be a total of 1 billion WRX coins ever minted, and we expect the value, utility, and liquidity of WRX to skyrocket over time.
By purchasing WRX coins through the WazirX registration and referral incentive program, you become one of the coin's early adopters, and we expect you to gain from the coin's rising use and demand.
The WazirX exchange's exchange token is WRX. The token entitles you to fee reductions and other perks. WRX was created with the goal of involving the community in the development of WazirX and rewarding them for their contributions. A total of 1 billion WRX coins will ever be produced.
How to Buy the WRX Cryptocurrency?
To purchase WRX on WazirX, you must first register on the platform, then complete a fast KYC process, and then deposit cash for the purchase. This is how it works:
Step 1: Create an account with WazirX
Step 2: After KYC Verification, your account will be created
Step 3: Deposit Funds in your account
Step 4: Press the WRX/INR price ticker
Step 5: Enter the INR amount
Step 6: Hit BUY, and wait for the order to execute.
When the transaction is completed, the WRX you purchased should be added to your WazirX wallet.
WazirX Token: WRX Coin Details
Price to USD: $1.50
Price to BTC:
All-time high: $ 4.83on 4/5/2021
Market Cap: $439,288,180
1 WRX = 109.87 INR
1 INR = 0.009102 WRX
Things to Know
- You can use UPI/IMPS/NEFT/RTGS to transfer INR funds from your bank account to your WazirX account.
- Transferring cryptocurrency into your WazirX account is simple, whether from your wallet or another exchange. It's also costless, as there are no fees on any deposits.
- WazirX allows you to buy, sell, and trade over 100 different tokens. Our INR, USDT, WRX, and BTC markets have the best Crypto values, and the market has a lot of liquidity.
WazirX takes a commission of 0.2 percent on every transaction. According to the organisation, the 0.2 percent fee is one of the lowest crypto exchange commission rates in the world.
It's also worth noting that depositing and withdrawing money from the app can be costly. Depositing money via bank transfer would set you back Rs. 5.9, while withdrawing money from the app would set you back anywhere between Rs. 5 and 10 depending on the method of withdrawal.
How To Delete WazirX Account?
We recommend that you close all open orders and withdraw your funds from the WazirX app before starting the process of permanently deleting your WazirX account. After that, you can use this link to make an account closure request . However, be aware that the organisation may keep some of your personal information for audit and compliance purposes in accordance with current laws and regulations.