Review on WazirX by Olugbenga Ajayi
Wazirix is an Indian exchange
Wazirx is an India cryptocurrency exchange that offers trading and exchange of BTC, USDT, INR, Ripple, and many other cryptocurrency. It's own token is WRX which is also traded on the platform. When people sign up on this exchange they get free 100 WRX. The exchange recently announced that it has been acquired by Binance and it can also be traded all over the world.
The exchange can be used to buy and sell cryptocurrency and also trade digital assets. There are other features on the exchange that can attract traders to the Exchange. For instance traders can borrow crypto from each other using their p2p market platform.
The exchange support all web and mobile platform like windows,Macs, Android and IOS. The exchange accepts bank wire and cryptocurrency deposit. Withdrawal fee is a varies according to cryptocurrency.
In terms of security, the exchange carries out regular audit that ensure proper documentation of assets and also uses email verification code to authenticate transaction.
Pros
- It offers p2p market where traders can buy currency from other traders
- Traders enjoy very reliable customer support
- It provides trading tools that will suit both newbies and advanced traders
- Traders can earn free WRX at sign up
- It is open to traders all over the world
Cons
- It does not have high liquidity
- The fee are relatively above industry average
