Chart Mode:
OVERVIEW:
| Time Frame: | 15m | 1h | 4h | 24h | 1W |
|---|---|---|---|---|---|
| Golden Cross: | None | None | None | None | None |
| Death Cross: | None | None | None | None | None |
| Signal: | None | None | None | None | None |
| Change: | %0.0 | %0.0 | %0.0 | %0.0 | %0.0 |
| RSI: | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| RSI DIV.: | %0.0 | %0.0 | %0.0 | %0.0 | %0.0 |
| BB State: | None | None | None | None | None |
| Pattern: | None | None | None | None | None |
INFO:
| Symbol / Name: |
 WRX / WazirX
|
|---|---|
| Rank: | 687 |
| Market Cap: | $22.07M |
| Volume(24 hours): | $57.81M |
| Circulating Supply: | 381.85M WRX |
| Maximum Supply: | -- |
| Total Supply: | 962.64M WRX |
| Total Value Locked (TVL): | 0.1805% |
| Market Cap / TVL Ratio: | |
| Launch Date: | 2020-02 |
| Website: | https://wazirx.com/ |
| Twitter: | https://twitter.com/wazirxindia |
| About: |
Launched in 2018, WazirX claims to be India's fastest growing cryptocurrency exchange with over 400,000 users, with an average app rating of 4.6. WazirX is a part of the Binance ecosystem. WazirX and Binance have launched a $50 Million USD ‘Blockchain For India’ fund. The exchange is available for the global audience, and key features include:Instant INR (fiat) deposit and withdrawal optionsSmart Token Fund to help crypto investors find expert traders, and let them manage their cryptocurrency portfolioWorld’s first auto-matching P2P engine with high liquidity80+ tokensLogin via Binance optionWRX 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. The goal of WazirX is to make crypto accessible to everyone in India. WazirX stands as a prominent cryptocurrency exchange that was established in 2018, with its roots firmly planted in India. It has quickly ascended to become one of the country's leading platforms for trading cryptocurrencies, catering to a wide audience with its user-friendly interface and a broad array of features designed to enhance the trading experience. The platform supports the trading, buying, and selling of over 80 different cryptocurrencies, providing users with a diverse range of options to diversify their portfolios.One of the key attributes of WazirX is its integration within the Binance ecosystem, which has significantly expanded its reach and capabilities. This partnership has facilitated features like instant INR (Indian Rupee) deposit and withdrawal options, making it incredibly convenient for users to transact with fiat currencies. Additionally, the platform boasts a Smart Token Fund, which connects investors with seasoned traders to manage their cryptocurrency investments effectively, and the world's first auto-matching Peer-to-Peer (P2P) engine that ensures high liquidity for users.The native utility token of the exchange, WRX, plays a pivotal role within the ecosystem. Based on the Binance blockchain, WRX has a total supply of 1 billion tokens. Holders of WRX enjoy numerous benefits on the exchange, including discounts on trading fees, participation in token airdrops, and more, making it an integral part of the trading experience on WazirX.WazirX's commitment to security and transparency is evident through its implementation of features such as 2-factor authentication and end-to-end encryption, ensuring that users' digital assets and personal information are well-protected. Moreover, the exchange provides transparency reports, reinforcing its dedication to trust and openness.The acquisition of WazirX by Binance in November 2019 marked a significant milestone in its journey, underscoring its potential and the trust placed in it by one of the world's leading cryptocurrency exchanges. With a vision to make cryptocurrencies accessible to everyone in India, WazirX continues to innovate and expand its services, driven by a team of Indian entrepreneurs with over a decade of experience in building and scaling global products.Before considering investing in cryptocurrencies or using platforms like WazirX, it's crucial to conduct thorough research and understand the risks involved in trading digital assets. To ensure the safety and security of its users' accounts and transactions, WazirX employs a multifaceted security approach. This includes the implementation of two-factor authentication (2FA), which adds an additional layer of security beyond just a username and password. Users are required to confirm their identity through a secondary method, ensuring that only they can access their accounts.Moreover, WazirX utilizes end-to-end encryption to protect the data exchanged between users and the platform, ensuring that all communications are secure and cannot be intercepted by third parties. This encryption covers all sensitive information, safeguarding users' personal and financial details.Transparency measures are also in place to build trust with users. These measures allow users to have a clear understanding of how their data is being used and how the platform operates, promoting a transparent ecosystem.In addition to these internal security protocols, WazirX has integrated third-party forensic tools to monitor and analyze transactions for any suspicious activities. This proactive approach helps in identifying and mitigating potential threats before they can affect users.The platform also mandates KYC (Know Your Customer) verification for all its users. This process involves verifying the identity of users through government-issued documents, adding an extra layer of security by ensuring that all accounts are legitimately owned and operated.Despite these robust security measures, it's important for users to remain vigilant and adopt personal security practices, such as using hardware wallets for additional protection of their investments. This is especially crucial given the digital nature of cryptocurrencies and the potential risks associated with online platforms.WazirX's commitment to security is further evidenced by its association with the Binance ecosystem, one of the largest and most reputable in the cryptocurrency world. This partnership not only enhances WazirX's security features but also provides users with additional resources and support.In conclusion, while WazirX has implemented comprehensive security measures to protect its users, it's essential for individuals to conduct their own research and take personal precautions to safeguard their investments in the cryptocurrency space.
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