In an era where internet has connected the 7 billion people on the planet, investing in cryptocurrencies is one of the most profitable type of investment today. While there are many exchanges out there, WazirX is one of the most popular ones, especially in the countries in Asia.
WazirX is an Indian based, world’s fastest growing cryptocurrency promotion platform. The trading platform facilitates easy, secure, and assessable trade of the major cryptocurrencies including Bitcoin, Ethereum, and Litecoin. WazirX is also the first Indian cryptocurrency exchange to support USDT multi-blockchain transactions.
As cryptocurrencies are taking the investing world by storm, staying updated with all the WazirX news is very important. Now, for a moment, let’s talk about what has been going on with WazirX in the last year.
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Entrance into India and US Market
Last year, WazirX made a big move to open up an office in Vadodra. The office is geared towards growing its operations in India. There is also the possibility that the company will be opening offices in the US. With this development, it is expected that WazirX will be more accessible to those who want to use it. The platform offers a secure, fast, and accessible trading service for Bitcoin and other cryptocurrencies.
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Launch of WRX Token
Ever since its beta testing back in 2018, WazirX has accepted WRX as part of its trading. This token was realised in late 2019 to be part of a project to decentralise the trading platform; WazirX launched the WRX token last year. The launch of the token with a public exchange was the biggest news, as it aimed to provide users with a new and better platform for trading.
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Partnership with Unocoin
WazirX has also leveraged on Unocoin to expand its operations. Unocoin is a leading Indian cryptocurrency company that is aiming to manage the trading platforms of both companies. The partnership is meant to enable WazirX to offer a one-stop trading platform for its users, where multiple cryptocurrencies can be traded without the need for complicated wallets.
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New Trading Features and Promotions
WazirX has made massive technical changes in order to boost the platform’s functionalities. The company introduced a feature that allows its users to create and manage multi-blockchain transactions. These type of transactions are unique to the cryptocurrency industry and are intended to make the process of crypto trading easier and faster.
In terms of promotions, WazirX has been consistently coming up with ideas that are creative and out-of-the-box to engage its users. One such initiative was a massive give-away of 10,000 free WRX Tokens. Moreover, the company also launched a world-class airdrop programme with exclusive rewards for a limited number of users. Every week, 20 of the most active traders on the platform receive cash payouts to their account.
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Regulation Readiness
Lastly, WazirX has been working on its compliance protocols to ensure that the platform is ready for any forthcoming regulations. The company has been working on regulatory protocols and is keen to keep up-to-date with the recent regulations as this industry gets regulated.
In terms of news, WazirX has been quite proactive in ensuring that its users are kept up-to-date with the latest updates. The platform has been sending regular newsletters to its members detailing all of the latest updates in the industry and on the platform.
How to Stay Up-to-Date with WazirX News
If you want to stay up-to-date with all the latest WazirX news, then you will be glad to know that it is relatively easy. The easiest way to stay updated is to follow the official WazirX social media accounts. WazirX regularly makes announcements about the latest updates via their official Twitter, Telegram, and Facebook accounts.
You can also subscribe to their official newsletter so that you can receive all the latest updates direct to your inbox. If you prefer more passive-information, then the WazirX blog is also a great place to read up on all the latest updates.
The Conclusion
In conclusion, WazirX has been quite proactive in spreading the word via its multiple platforms as one of the leaders of the Indian cryptocurrency industry. The company has been announcing new updates regularly including new trading features, changing and improved promotional campaigns, and a new light-weight trading platform. It is of utmost importance that you stay up-to date with all the latest updates. Stay informed via their official social media accounts and website to ensure the best trading experience.