About WazirX Exchange
The Indian crypto trading platform, WazirX, is known for its user-friendly software and intriguing features. User-friendly crypto trading on WazirX is supported by sophisticated security measures. Furthermore, its connection with Binance, the introduction of WRX utility tokens, and the unique WazirX P2P trading platform have all contributed to its wider acceptance and widespread appeal.
Siddharth Menon and Nischal Shetty founded WazirX in March of this year. "The WazirX platform is suitable for both experienced traders as well as those who are new to the crypto market,"
Credit card deposits are not permitted on WazirX. However, other payment methods like UPI, IMPS,
NEFT and RTGS are accepted. WazirX charges a 0.20 percent taker fee and a 0.20 percent maker fee for each trade.
WazirX Exchange Sign Up
Your KYC must be completed before you can deposit INR or cryptocurrency. First, go to your profile page and click on the "Complete Verification" option. The government-approved ID card data must be entered. After that, you'll need to input your bank information. All future withdrawals will be made to this bank account by WazirX. Upload JPG or PNG photos of your PAN card, Aadhar card, and a selfie. To begin trading, you must first verify all of your personal information.
To begin investing in cryptocurrencies, you must first make a deposit. Therefore, WazirX provides a variety of deposit options for its customers. You may use any of the supported payment methods to deposit INR. You may, however, deposit cryptos as well.
WazirX Exchange Fees
WazirX charges flat fees, which means that both makers and takers are paid the same amount. WazirX charges 0.20 percent for both Takers and Makers. With a historical average of 0.25 percent, this is in line with the industry's overall trend. Many exchanges are now charging even smaller trading costs, such as 0.10 percent, as more and more go toward this option.
It's fairly uncommon for withdrawal costs to be a fixed amount of the crypto asset you're withdrawing, rather than a percentage like trading fees. Bitcoin withdrawal fees are the industry average at 0.0005 BTC. At 0.0006 BTC per BTC-withdrawal, WazirX charges an amount close to the industry standard withdrawal fee.
WazirX is an easy-to-use cryptocurrency platform that works on cell phones, Windows, and Mac computers. The site provides access to more than 100 worldwide cryptocurrencies through P2P, STF, and exchange mechanisms. You may diversify your investment portfolio by using the WazirX crypto exchange. Indian crypto fans should sign up for a WazirX account and check it out.