WazirX Review 2021: Is it safe crypto exchange in India? | Credit Help India


WazirX is one of India's most prominent crypto exchange platforms and a popular destination for Indian crypto investors. WazirX, which has a rapidly rising user base, offers more than 100 cryptocurrencies to trade, including its own WRX tokens.


1. WazirX is the most popular cryptocurrency exchange platform in India.

2. You can start trading right now by signing up, completing your KYC, depositing INR, and placing an order.

3. Aside from NEFT/ RTGS/ IMPS/ bank transfer, WazirX allows you to make a deposit using UPI.

4. You can also use WazirX to store your crypto assets.

5. WazirX is a P2P exchange that allows you to purchase and sell USDT without paying a fee.

6. You can pay skilled traders a proportion of your profits to manage your portfolio.

7. The WRX currency is a wazirx token that may be used to trade and pay for trading fees on the platform.

8. You can withdraw INR to your registered bank account immediately. If you have a crypto asset, you can put it in your wallet.

9. WazirX charges a somewhat greater price than its competitors in the market.

10. WazirX is a basic trading programme that can be downloaded from the Google Play Store or the Apple App Store.

11. Through their referral program, you can earn 50% of the trading fee as a commission, and they provide a 24-hour support system. Wazirx, on the other hand, will only respond to requests sent via mail.


WazirX is a healthy exchange with a number of features, including:

Types of transactions on WazirX

The following are the many sorts of transactions possible through the WazirX Exchange:

1. Spot/Margin trading: The WazirX trading platform allows users to trade spot or margin. The platform is designed in a simple and efficient manner to deliver a pleasant user experience.

2. P2P transactions: A user can see a WazirX Peer to Peer (P2P) is the next-generation P2P 2.0 system, which has greatly simplified the process of depositing and withdrawing fiat. The P2P interface and experience are comparable to that of traditional trading.

3. Smart Token Fund (STF): STF seeks to put together cryptocurrency enthusiasts who don't have time to trade, don't know which tokens to trade, or don't know how to trade. WazirX is a community-driven effort that allows cryptocurrency fans to connect with skilled traders and increase their cryptocurrency portfolio. WazirX already has a community of professional traders who may trade with new entrants' funds and earn commission on the profits they create.

Security Protocols

WazirX is an extremely safe and reliable platform, and the following features add credibility to its security protocols: WazirX keeps a large amount of cash in secure cold storage.

1. A multi-signature wallet system is available on the exchange.

2. A two-factor authentication is required for each financial withdrawal.

3. The exchange has strict KYC/AML policies in place.

4. The exchange engages in regular security assessments to ensure that its trading platform is highly secure.


Both the website and the app have a user experience that is easy to use for beginners. They don't have a lot of liquidity. STF allows investors who don't have time to build a portfolio to do so by donating a proportion of their profits to the fund. As of March 2021, they do not have a crypto lending service. It is linked to Binance, the world's largest cryptocurrency exchange. Withdrawing crypto assets is subject to a significant fee. You can use UPI to make a deposit.


WazirX is an Indian exchange platform with features such as auto-order fulfilment and STF investment. It has a wonderful referral program and one of the best mobile trading apps for beginners. WazirX is a good place to start if you want to start investing in cryptocurrencies.


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