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Namaste Tribe! Did you know: Exactly a year ago, Bitcoin price was $6,600. With Bitcoin at $8300 right now, that’s an annual growth of over 25%!! Crazy, isn’t it? Let’s hope it goes upwards from here. 🚀
[Complete] WRX milestone 1 ✅
Reach 50 BTC consistent daily trade volume
This has taken a backseat because we wanted to roll out features like STF, and P2P enhancements to make your trading experience even better! I know that you’re excited to know “what’s next” for WRX, and when we announce the next steps, I’m confident that you’ll be delighted!
What happened last month
[Done] 8 STFs went live: We took STF live in September, and the response has been phenomenal. We have received hundreds of STF Trader applications. After carefully vetting the applications, analysing their trading activity, and more, we listed 8 STFs on our platform. If you don’t have the time or skill to trade, don’t worry, STF will help you here! Go through the STFs on WazirX, their portfolio, and choose the right trader to manage your cryptocurrency portfolio. Here are the STFs:
👉 XBCK
👉 XMGD
👉 XOOM
👉 XPRO
👉 XSTYX
👉 XTBE
👉 XVOLS
👉 XYIT
Go to STF: https://stf.wazirx.com
[Done] Major P2P improvements: Last week, we introduced some major improvements to WazirX P2P, and traders are loving it. Here’s what we’ve introduced:
- Payment Remarks: It helps the seller confirm a transaction faster, especially if they are dealing with multiple buyers. It’s also useful because now a P2P buyer will only enter this special “Payment remarks” and not keywords that get you in trouble with banks while paying to the seller via banking app.
- Multiple orders for buyers: Until now, P2P buyers could place maximum 2 buy orders together. We’re happy to say that now you can place up to 4 buy orders on P2P if you have a certain portfolio value in your WazirX account.
Read more about P2P improvements here.
[Done] STF Twitter contest: We had an interesting “retweet and win” twitter contest where we gave away ₹2,500 worth USDT to 5 lucky winners! Make sure to follow us on Twitter and participate in future contests here.
[Done] BTT airdrop: We have successfully distributed the monthly BTT airdrop to all the eligible TRX holders for the month of September.
[Done] WINk airdrop: We have successfully distributed the monthly WINk airdrop to all the eligible TRX holders for the month of August.
What we’re building
[Ongoing] More STFs: We’ll add more STFs every week, stay tuned! If you’re a smart crypto trader, or know someone, ask them to apply to become an STF Trader: https://forms.gle/Wyo8k6KzDynbQtSR9
[Ongoing] STF Payouts: Yes, we’ll enable payouts for STF Traders very soon. With STF, we want to democratise trading expertise for everyone. As an STF Trader, you will be fairly rewarded for your expertise, and get to keep a percentage of the profits you make for the users. It’s a win-win!
[Ongoing] More P2P improvements: We’re working on adding more improvements to WazirX P2P, and will reveal it to you in due time.
Some highlights
- I got invited on a podcast where we discussed Indian vs global regulations, my entrepreneurial journey, and #IndiaWantsCrypto
2. I went live on India Ahead News and we discussed how crypto can help India.
3. As part of #IndiaWantsCrypto, I met Mr. Rajeev Chandrasekhar, a visionary technologist and Member of Parliament. He’ll willing to help and guide us us on how to approach positive crypto regulation in India.
4. Reviews like this:
If it wasn't for Wazirx I'd have never bought Bitcoin after crypto ban. ❤️ Wazirx
— CryptoN (@0xCrypton) September 25, 2019
Two Most Motivational things❤️
1.@WazirXIndia email referral commission notification on 10am
2.@NischalShetty tweets all-dayI really want to see WazirX and @NischalShetty on the top of the success because this guy contributing a lot to the Indian community.#IndiaWantsCrypto🇮🇳 https://t.co/ykRKov0EDl
— Crypto Pal (@CryptoPal_) September 16, 2019
Something to add
The Crypto vs. RBI case couldn’t be heard in the Supreme Court on 25th September. I hope we get the hearing date soon, and a decision in our favour.
In the meantime, I request all of you to join in the #IndiaWantsCrypto movement and make our voices heard.
Jai Hind 🇮🇳
*Above content is migrated from medium to wazirx blogDisclaimer: 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.
