The next phase of WazirX begins 🚀 — Part 1

It was Wednesday, January 31st, 2018 when I unveiled WazirX with only one thing in mind — to provide every Indian with a product that surpasses every other global product in terms of quality. It was also the day we introduced WRX, India’s first token backed by a cryptocurrency exchange, to involve our community while building and growing WazirX.

After furious coding and testing, we finally launched WazirX exchange platform on 8th March 2018 with 3 tokens — Bitcoin, Litecoin, and Dash. We were also the first Indian exchange to be available on Web, Android, and iOS. With almost 80 tokens trading in our markets, and support for Mac and desktop clients, we’ve come a long way. It wouldn’t have been possible without your support, tribe! 🙌

Have no fear, WazirX P2P is here 💪

I remember how shortly after our launch, the Reserve Bank of India put a blanket ban on crypto in India. True to our promise of involving everyone into the blockchain revolution, we innovated hard and launched WazirX P2P with the world’s first auto-matching P2P engine. What a game changer it’s been! Today, due to its unique nature, WazirX P2P is the cheapest, fastest and most-used method to deposit or withdraw Indian Rupees in India.

India’s first ever Highest Trader contest!

I love how at WazirX, we’ve always continued to innovate and keep the crypto fire alive in India while we saw most exchanges shut shops or move out. Over the previous 20 months, we’ve brainstormed and introduced iconic features like, Deposit Dhamaka, WRX Mining Rewards, XID, and latest being STF!

All this, and YOU have helped us grow rapidly, and become India’s most trusted and largest cryptocurrency exchange! But we’re just getting started. 😎

Fiat <> Cryptocurrency conversion is a global issue.

Millions of people around the world — especially in developing and underdeveloped countries — are facing delays and banking issues with buying or selling of cryptocurrencies with fiat currency. We believe that the next phase of cryptocurrency adoption will happen when the world’s Fiat <> Crypto problem is solved for the masses. We plan to fix this global problem with our one-of-a-kind solution — WazirX P2P! But how?

“If you want to go fast, go alone. If you want to go far, go together.” — An African Proverb

This cryptocurrency revolution is bigger than any of us, and we’ve decided to do something to make it happen faster. And this, tribe, marks the beginning of the next phase — Phase 2 — of WazirX’s journey!

We’ve been acquired by Binance! 🎉

The WazirX team has joined forces with Binance, the world’s largest cryptocurrency exchange to be a part of their greater mission to spread freedom of money. Read our official announcement here.

…To be continued in Part 2.

Read the official announcement here.

Nischal Shetty, CEO — WazirX. On a mission to involve everyone in the blockchain revolution! Follow me on Twitter

WazirX Bitcoin Exchange

Written by

Building India’s most trusted cryptocurrency exchange. Twitter: WazirX website:



Building India's Most Trusted Bitcoin Cryptocurrency Exchange

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade