Wazirx Review -Is it a Scam or Trusted Trading Platform
Those who are passionate about making money online must have heard of cryptocurrency trading. Today’s digital world offers you excellent opportunities to earn a handsome amount of money through selling and purchasing bitcoins, Etheruem, Ripple, Litcoin, etc. Multiple platforms are there offering such cryptocurrency trading in India. But does all of the media are worthy enough to rely upon? Are all of them legit? No, in this country where even scams take place over dead bodies, you cannot expect each online money-making platform to be legit, safe, and trustworthy.
But, amidst all of these fraudulent activities, we have pointed out one of the best cryptocurrency exchange platforms, which is legit and provides good money-making opportunities. The name is Wazirx. Here, in this Wazirx review, we have penned down everything you need to know about this transaction platform. From how to trade through it to its benefits – you will receive ample information about it. So, let’s head into that.
What is Wazirx?
It is one of the most trusted cryptocurrency exchange platforms. Here, Indian crypto-investors can trade more than 100 cryptocurrencies, including the WRX tokens. WRX token is a utility token launched by Wazirx. The company has introduced this token aiming at helping the community to grow more and contribute more to Wazirx. It is used to reward them. The company was launched in March 2018.
Wazirx Review: How does it Work?
Though there are 44 million cryptocurrency wallet users worldwide, it constitutes less than 1% of the world population. Why is it so? Despite being a valuable and effective money-making media, why is cryptocurrency not able to make its firm position in the global trading market?
In this Wazirx review, let us answer because of the obstacles like regulatory uncertainty, banking delays, and issues in trading cryptocurrencies with fiat. Wazirx is here to solve the problems with their robust P2P or peer-to-peer solution. P2P is a go-to method by which you can transact money in Indian currency easily. Let’s know how this P2P method works.
With this method, you first have to make an order placement. Then you can pay directly to sellers. Once the seller confirms the payment, Wazirx releases the escrowed USDT. Thus, you can easily and safely turn your money into crypto.
So, Wazirx, unlike many other crypto exchange platforms, helps more people join the cryptocurrency revolution. On the one hand, it breaks the obstacles, and on the other, it offers complimentary rewards like WRX tokens. Considering the reasons, we suggest you take a pause and think about joining this platform. This Wazirx review will tell more about it. Then, if you are still skeptical about it, continue reading.
Wazirx Review: The Far-reaching Benefits
Now, in this segment of the Wazirx review, we will discuss the all-inclusive benefits of this platform. Let’s proceed.
When it comes to blockchain and cryptocurrency, security is still an issue. The concern for safety stops many people from moving forward and join the trading. With Wazirx, you do not have to worry about it. It is a fully-secured platform to be trusted upon. The company regularly checks security audits so that no breach comes out.
The platform offers you a smooth, easy, and fast transaction. Due to its broad user base, numerous transactions take place at a time. But amazingly, this does not affect the speed of any single trade.
Easy, Hassle-free KYC Verification
Many people fear joining crypto platform for a lengthy verification process of any crypto exchange process. Wazirx offers a simple identity verification system ensuring the proper KYC protocol.
Easy-to-use and Simple Design
All of us are not tech-savvy. So, a crypto exchange platform must be easy to use with simple designs. Wazirx is such a user-friendly platform that offers a fast and efficient user experience. Moreover, the makers have used robust technology to build up this exchange. Thus, its hi-tech, simple yet effective design makes it more acceptable among its crypto-currency investors in India.
Runs across Different Platforms
From Windows, android, to iOS mobile, Mac apps, you can use it on any platform. The users can perform the selling, purchasing, and other trade activities easily on any of these platforms.
State-of-the-art Blockchain Technology
We are here to give an honest Wazirx review. Therefore, we must mention the blockchain technology used in it. Being an efficient and knowledgeable team of traders, Wazirx understands the needs of the users. Therefore, you can find full graphs, responsive mobile applications, and many other features in Wazirx.
Wazirx Review: The Efficient Team that you can trust upon
Any platform becomes more effective than ever when an efficient team, including talented minds, runs it. The team of Wazirx includes three hardworking and dedicated founders- Nischal Shetty, Sameer Mhatre, and Siddharth Menon. Let this Wazirx review discuss more details about them.
Nischal Shetty is an innovative mind, influencing many people on Twitter about Blockchain technology. With his practical guidance, many people have joined the blockchain revolution. Another co-founder of Wazirx, Sameer Mhatre, excels at solving programming puzzles as a full-stack developer and designer at once. Siddharth Menon is the Heads product at Wazirx, designed the P2P exchange system, an automatic order matching process.
How to Trade with Wazirx?
It’s simple. Following some easy steps, you can start trading in Wazirx instantly. The steps are as follows:
- Create an account
- Verify your KYC details
- Deposit the money and begin trading
Now, how to create an account on Wazirx? First, go to the official website of Wazirx and click on the sign-up button. Then, enter your e-mail address and password. After that, you will receive a verification mail with an account activation link. Click on the link and get your account ready.
Verify the KYC details in the next step. To complete this step, you first have to log in and go to the profile tab. Then, you will find an option of “complete verification.” Go to that and fill in all of the necessary details. Then, put the bank details and upload the required images. Once all of these verification steps are done, you can start depositing funds.
Depositing money is one of the most significant parts of cryptocurrency investments. You can deposit money in Indian currency or cryptocurrencies. Through the accepted payment methods like NEFT, IMPS, RTGS, UPI, Bank Transfer, you can deposit in INR. For cryptocurrency deposit, select the currency and transfer it to your Wazirx wallet.
Wazirx Review: In my Opinion
If you ask me whether you should go for Wazirx for crypto-exchange, I will answer in affirmation. It is a fantastic platform that ignites the spark of the cryptocurrency revolution. Even if you are a first-time investor, it will allow you to quickly sell, buy, and trade different digital currencies without any hassle. So, if you are interested in investing in cryptocurrency and starting making money online, you must choose Wazirx.
So, this Wazirx review has detailed every aspect of the platform. I hope it will clear all your queries regarding it.
Join the blockchain revolution today with Wazirx and start making money online. Visit the official website of Wazirx to begin your crypto trading.
“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions, This information provided in this an article doesn’t represent any investment advice, Bloggerwala reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.”