WazirX is currently trading at $0.1593, after a price change of 1.62% in the last 24 hours.
Ranked as cryptocurrency #306 by capitalization today, WRX market cap is valued at $60,846,843. WRX trading volume reached $1,605,592 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on WRX coin price prediction page.
What is WazirX?
WazirX is a centralized cryptocurrency exchange in India. The platform’s features include instant fiat deposit and withdrawal, token exchange, automated matching peer-to-peer engine, and a login option on Binance. WazirX was acquired by Binance in 2019.
WazirX allows users to deposit and withdraw cryptocurrencies and USDT in the peer-to-peer interface as Indian rupees. The protocol also enables users to store their tokens in the WazirX wallet. WazirX uses a Live Open Order Book system that gives traders access to more than 80 tokens at the moment. The trading services are supported on Android, iOS mobile devices, and windows.
WRX is a BEP2 standardized utility token based on Binance Chain. There are currently 3181,856,864.34 circulating WRX tokens from an uncapped supply of 962,646,669. The initial token supply cap at the project launch was 1,000,000,000, with 18.68% in circulation. The token allocation includes 10% for the Launchpad sale, 5% for private sale, 30% for foundation, 20% for product and marketing, 20% for partnership and ecosystem, 3.9% for mining rewards, and 11.1% for community airdrop. The token is used for rewarding holders, accessing trading discounts, airdrops, and margin fees.
WazirX was unveiled in 2018 by co-founders Nischal Shetty, Sameer Mhatre, and Siddharth Menon.