WazirX is a cryptocurrency exchange featuring an advanced trading interface with capabilities to buy, sell, and trade cryptocurrencies. Founded by Nischal Shetty, the company raised approximately $3 million through private token sales and Binance Launchpad.
WazirX is a centralized exchange, and its functional token, WRX, operates on the Binance Chain as a BEP-2 token.
Users can easily and quickly deposit/withdraw cryptocurrencies, cash out USDT to Indian Rupees (INR) in a peer-to-peer manner, and securely store their digital assets in the WazirX wallet.
WRX tokens are used for trading fee discounts, WRX trading mining (unlock and earn WRX tokens by executing trades), margin fee payments, and more.