Understanding WRX Coin: The Native Token of WazirX
WRX Coin, commonly referred to as WRX, is the native cryptocurrency of WazirX, one of India’s leading cryptocurrency exchanges. Launched in 2018, WRX serves as a utility token within the WazirX ecosystem, enabling a variety of uses and benefits for its holders. Backed by Binance, the world's largest cryptocurrency exchange, WRX has gained significant traction in the global crypto market.
The Origin of WRX
WazirX was founded by Nischal Shetty, Sameer Mhatre, and Siddharth Menon with the goal of making cryptocurrency trading simple and accessible for Indian users. The platform introduced WRX as a utility token to enhance user engagement and incentivize trading. Built on the Binance Smart Chain (BSC), WRX operates as a BEP-20 token, although it was initially launched as an ERC-20 token on the Ethereum network #BTCNextMove #MOVE #1000CAT
