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Month in Review — June 2019

By July 2, 20194 minute read

Namaste Tribe! The first half of 2019 ended with a huge bang with Bitcoin soaring up to $13,000! Who saw it coming? Let’s hope that the next half will be even better and we’ll see BTC cross $20,000! 🚀

[Complete] WRX milestone 1 ✅

Reach 50 BTC consistent daily trade volume

Woohooo!!! We’ve finally achieved Milestone 1! June was the month when we consistently crossed 50 BTC in trading volume every day. Kudos to you and us, we’re a team made in heaven!

What’s next now? We have some exciting plans for WRX, and we’ll reveal more about it in August. Stay tuned!

What happened last month

[Done] P2P in Ukraine and Russia: We had many users from Russia, and Ukraine request us to launch WazirX P2P there, so here you go! You can now deposit & withdraw UAH (in Ukraine) and RUB (in Russia) via WazirX P2P for free! 💪

👉 World’s first auto-matching P2P
👉 Zero fee
👉 Absolutely safe

[Done] Stop Limit for USDT & BTC markets: You can now place Stop Limit orders for all the tokens in the USDT and BTC markets on WazirX, so trade hard, and trade smart! 🙌 Read more about Stop Limit here.

[Done] Rapid Listing Initiative: In June, we brainstormed and launched a new initiative to rapidly list new tokens on WazirX. Now, you will no longer miss out on trading opportunities for your favourite tokens. Read more about Rapid Listing Initiative here.

[Done] 6 new tokens: We listed six new tokens on WazirX under our Rapid Listing Initiative. You can now buy, sell, trade CELR, ADA, RVN, ATOM, XMR, and MATIC in our USDT and BTC markets. We’ll be listing many more tokens in July, and are super excited about it!

[Done] Interesting Twitter contests: Along with token listing, we also had interesting retweet and win twitter contests, and we’ve given away prizes worth over ₹25,000. Make sure to follow us on Twitter and participate in future contests here.

[Done] Deposit Dhamaka: Deposit Dhamaka is back, and you can earn flat 1% Bonus on each and every crypto deposit you make on WazirX. Deposit any of BTT, EOS, BTC, XRP, ETH, XLM, TRX, BCHABC, and LTC, and earn 1% bonus after 30 days. Read more about Deposit Dhamaka here.

[Done] BTT airdrop: We have successfully distributed the monthly BTT airdrop to all the eligible TRX holders for the month of June.

What we’re building

[Ongoing] More new tokens: We plan to list over 20 tokens in July! Excited? Tell us which ones you want us to list first, and we’ll try to make it happen for sure! Tweet your suggestions to us here.

[Ongoing] P2P for more countries: We want to solve the Fiat <> Crypto conversion for the entire world. After India, Indonesia, Ukraine, and Russia, we’re ready to take P2P to more countries. We’re launching P2P market in the countries based on the demand, so if you’d like us to launch P2P in your country first, please tweet to us @WazirXIndia.

[Ongoing] Trading reports: We know that tax-returns filing season is around the corner. Don’t worry, we have got you covered, and very soon, you will be able to download your trading report on WazirX. 😎 If you’re in a hurry to get your trading report, do reach out to our support team and they will help you out.

Some highlights

  1. We hosted a live Q&A session on YouTube about the recent FUD about crypto ban in India. Watch our CEO answer the questions here 👇

2. Our 24 hour trading volume crossed 319 BTC ($3.5 Million USD) 🚀

3. Good reviews like these 👇

Something to add

About WRX

Now that we’ve hit milestone 1, I’ll be working towards expediting the next steps for WRX. I understand a lot of you have been waiting patiently for WRX to list.

We see WRX as a beacon of hope and growth. WRX is the token that will be useful within the WazirX ecosystem. However, we’re at ground zero of building this ecosystem. There’s a long road ahead of us and I want all of you to fully understand that. It’ll take a lot of hard work to ensure the success of WRX. But with your help, I’m sure we can make WRX successful faster.

I’ve been working on multiple ideas for WRX. I’m going to consult some industry leaders, people who’ve listed their tokens before etc., to ensure that we take the right next step for WRX. I’ll keep you updated as we progress. Keep accumulating WRX so that you can ultimately use it within WazirX.

About Koinex Shutdown

Last week was a bit disappointing for the Indian crypto ecosystem. Koinex announced that they’re shutting down. We at WazirX welcome every customer of Koinex to WazirX. We even announced an amazing flat 1% bonus for all deposits. Let’s ensure we keep the crypto fire burning in India together.

As WazirX users, please help your friends and people whose funds are stuck on Koinex move it on WazirX. Make sure that you share your referral link with them so that you also earn 50% commission on their trading fee.

In the meantime, I request you all to join me in the #IndiaWantsCrypto movement, continue busting myth and misinformation around crypto, and let’s make our voices heard!

Nischal Shetty, CEO — WazirX. On a mission to involve everyone in the blockchain revolution! Follow me on Twitter
*Above content is migrated from medium to wazirx blog
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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