WazirX has been voted as one of the most trusted bitcoin trading exchanges in India. The platform is the first to introduce crypto-trading contests in India and has made crypto exchanges faster and easier and 100% safe. Not just India, the platform has now opened up to other countries and users can trade, buy, or sell multiple cryptocurrencies like bitcoin, Litecoin, Ripple, Ethereum, and many more. WazirX ecosystem shares its rewards with its valuable users in the form of WRX tokens, the utility token of the platform.
The WazirX platform is highly secure and users who hold and use WRX tokens can win a 50% discount on their trading fees. Moreover, creating an account is hassle-free with super-fast KYC approval and a very reliable user interface which makes it highly popular among its users. The WazirX exchange can be downloaded easily into your Android or iOS phones. Web versions are also available for Windows and Mac operating systems.
WazirX Enters the 3rd Quarterly WRX Burn
Fortunately, 2020 has been very bright for WazirX. After the initial success in the first two quarters, WazirX successfully completed its third quarter burn on January 20, 2021. WazirX has reportedly burned around 6,533,333 WRX equivalent to 5,08,96,885 INR which is remarkable and is 96% more than the second quarter. In the third quarter, the WRX tokens have been burned in four parts. With more WRX being burned this quarter and more enthusiastic crypto users coming in to venture into the market, WazirX has introduced new innovative features. Let us have a look.
- Prize money and takeaways worth 65,92,275 INR
- Conversion of crypto dust to WRX
- The WRX market for trading
- 41 new pairs for trading
- WRX airdrops for account holders
- WRX collaborates with the Ethereum blockchain network
- The WazirX Warriors and WazirX Education programs plans in spreading crypto awareness among people
- Users can also earn commission by referring friends
- The platform allows instant deposits and withdrawals and that too in INR
WazirX intends to grow its crypto followers in the coming years. With more WRX being burned every quarter, the supply of WRX is going to fall, and eventually, there will be a rise in the demand and value of the WRX token.
WazirX Crosses 1 Million Users in India
WazirX has recently crossed the historical milestone of 1 million users. To celebrate this momentous occasion, WazirX has decided to reward its valuable users with a host of prizes and giveaways.
Contests and Rewards:
Highest Trader Kaun Marathon
The 36-hour long non-stop trading marathon started on 19th January at 9 AM and ended on 20th January at 9 PM IST. Total prize money is 2,00,000 INR worth WRX and winners are decided on the volume of WRX they trade on the market. To qualify, they have to trade a minimum value of 5,000 INR equivalent to 686 WRX. Prizes will be distributed to the top 80 lucky traders.
- 1st prize: INR 40,000
- 2nd prize: INR 24,000
- 3rd prize: INR 14,000
WazirX Trivia Contest:
WazirX recently launched a Trivia contest for its valued users on 21st January, Thursday at 12 PM IST on its Instagram account instagram.com/wazirx. Lucky winners had a chance to win prizes worth INR 2,500. Every 3 minutes WazirX will share 3 questions on its Instagram story. For every correct answer, the lucky winner will win a prize worth 110 WRX.
Quiz Time with WazirX:
On 21st January 2021, WazirX organized an interesting quiz time for all its knowledgeable WazirX users. WazirX users get a chance to showcase their knowledge and win prize money worth INR 4,500. All they have to do was to follow WazirX at @WazirXIndia. The quiz started at 1 PM IST. Every hour, WazirX will share 5 questions and for every correct answer, a lucky winner will get a prize worth 125 WRX.