RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

WazirX

WazirX Exchange Review

Centralized

WazirX Overview

  • Local/Regional Exchange – cannot be rated at this time.

    A WazirX exchange review reveals that WazirX is a centralized cryptocurrency exchange based in India. This company was launched in March 2018 by a team made of Nischal Schetty, Sameer Mhatre, and Siddharth Menon. The company offers a system that allows users not only to trade digital assets but also to buy and sell cryptocurrencies such as bitcoin, bitcoin cash, litecoin, dash and many more. The exchange website claims that the platform is not only for professional traders but also for first-time investors as it allows wire transfer deposits. Nevertheless, credit card deposits are not allowed on the platform. 

    Regarding security, WazirX seems to offer regular security audits to ensure a highly secured platform. This has been represented by their security score received.  The security score is C, rated by Mozilla at the Observatory test, which is in line with the global industry average. Furthermore, the WazirX exchange platform can be used on all known operating systems, including the web and mobile web, Android, iOS, macOS and Windows. 

    In regards to the fees, the exchange charges 0.25% to takers and 0.10% to makers which is according to the average fee of the crypto market. Additionally, WazirX has been issuing WRX which is a digital coin created by the exchange. The company claims to create a maximum of 1 billion WRX. However, this Indian cryptocurrency exchange has decided to offer for free 150 million (15%) coins to early adopters and traders who decide to sign up early. 

    WazirX Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      40.879 BTC

      • WazirX Total Trading Pairs

        121

        • WazirX Margin Trading

          No

          • WazirX Deposit fees

            Free

            • WazirX Fiat Deposit

              Yes

              • Accepted Payment Method

                None

                • WazirX Native token

                  Yes

                  • Native token smart contract

                    N/A

                    • WazirX Trading Markets
                      • WazirX Stablecoins trading

                        WazirX Withdrawals

                        • Daily Withdrawal Limit

                          depends on currency

                          • WazirX Withdraw fees

                            BTC – 0.0005
                            BCH – 0.001
                            ETH – 0.01

                            Full list of fees can be found here

                            • WazirX Withdraw fees discount

                              Lower fees for Makers.

                              • Proof of Reserves

                                N/A

                                WazirX Exchange Additional Information