WazirX is India’s largest and most trusted cryptocurrency exchange.
It was launched in March 2018 and has witnessed substantial growth in volume and adoption despite regulatory hiccups.
In November 2019, WazirX was acquired by Binance, the world’s largest cryptocurrency exchange and blockchain ecosystem.
WazirX is India’s first-ever cryptocurrency exchange to be acquired by an international company.
The native token of India’s premier cryptocurrency exchange WazirX is now live on the world’s largest crypto trading platform Binance.
The token was up for a lucky draw on Binance Launchpad via the #WazirXLottery Promo, which ended on Wednesday, February 05, at 08.00 am UTC. The announcement was made by Nischal Shetty, CEO and founder of WazirX on Twitter.
India is one of the fastest growing mobile fintech markets globally but regulators in India are hitherto undecided undecided on how to govern the crypto space.
For WazirX to have the backing of a parent company like Binance will no doubt play a large part in any future success.
The price is currently $0.063 cents at the time of writing.
Since being listed last night the WRX token has pumped to an all-time high of nearly seven cents.
The token could benefit from market makers on Binance that might help to push the value of WRX up.
If it does happen, just dont say it was an inside job!