About WazirX (WRX)
WazirX is an Indian centralized cryptocurrency exchange platform that employs its utility token, WRX, based on the BEP-2 token standard of the Binance Chain. The platform allows for the deposit and withdrawal of cryptocurrencies and enables users to convert USDT to Indian Rupees (INR) through a Peer-to-Peer (P2P) system and offers a secure digital asset repository option via the WazirX wallet.
With a reportedly advanced trading interface that supports transactions of more than 80 digital assets, including leading cryptocurrencies like Bitcoin, BNB, Bitcoin Cash, Litecoin, and Dash, WazirX operates in real-time through a live open order book system. It also simplifies the P2P exchange of USDT to INR with a focus on prompt and direct transactions.
Acting as a bridge in the fiat-to-cryptocurrency conversion globally, WazirX introduced the WazirX Peer-to-Peer system, an auto-matching P2P engine, which is extensively used for depositing and withdrawing INR in India.
WRX offers benefits within the WazirX ecosystem, such as trading fee reductions, involvement in WRX Trade Mining, and margin fee coverage. Founded on the Binance Chain, WRX offers efficiency and scalability ensuring fast transactions and enhanced security for users.
The WRX price is updated and available for real-time tracking on Binance.