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Month in Review — April 2019

By May 3, 20193 minute read

Namaste Tribe! April was an interesting month — we built out features to improve your trading experience, and lay the base for Stop Limit release. A ton of people from countries around the world have started signing up to trade on WazirX. 🙌 We’re positive that May is going to be even better!

[Ongoing] WRX milestone 1

Reach 50 BTC consistent daily trade volume

What happened last month

[Done] New buy/sell order form: Our most used feature — order form — has got a huge makeover, and is now even better and more intuitive. Here are some things our new order form can help you with:

👉 Set price targets, and crypto amount with a tap
👉 Change the amount you want to spend from your “Funds” based on percentage
👉 Less need to use keyboard
👉 The form calculates all the critical values for you, so you don’t have to do anything
👉 We’re bringing it soon for P2P markets too. Read more about it here.

[Done] Crypto Pe Charcha: Last month, we had two brilliant “Crypto Pe Charcha” sessions live in Hindi on our YouTube channel. We’d invited Crypto India, and Vaibhav Parikh to talk about technical & fundamental analysis, and if the Indian government is working on crypto regulation respectively. Watch the videos on our YouTube channel here. You can also nominate your favourite blockchain influencers for our next Crypto Pe Charcha by going here.

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

[Done] NPXS airdrop: We successfully credited the NPXS tokens unlocked in March to all the eligible holders. WazirX is an official Pundi X exchange partner, and has the highest liquidity of NPXS in India! Read about the new airdrop method here.

What we’re building

[Ongoing] Stop Limit: Thank you for being so patient with us, tribe. We’re adding some final touches to the Stop Limit feature before we release it to you. It’s almost done, and we’ll make it live next week, yay!

I understand there’s been a delay with the Stop Limit release. We got caught up with the international soft launch of WazirX, and got way more users than we had anticipated. As a result, we also got to learn about some quirks of different countries (Did you know, in some countries, you need to register yourself locally as a business before you can send OTP!?). So yeah, the WazirX team has been learning a lot about international roll-outs and we’re way better at it now. 😎

[Ongoing] P2P for more countries: WazirX P2P can solve the fiat <> crypto conversion problem for everyone around the world. We’ve noted the top 3 countries with the highest demand for P2P, and we’re excited about launching WazirX P2P there. Where do you think WazirX P2P is launching next? Share your guesses with us on Twitter @WazirXIndia.

Some highlights

  1. Some 💛 from our international users
Translated to English: Top App good construction of the wallet
Translated to English: Great
Translated to English: Super

2. We got covered on publications

https://www.entrepreneur.com/article/332923

Something to add

There have been rumours floating around about the Indian government considering to ban crypto. I request you to not pay too much attention to it. Don’t assume anything unless we hear some concrete statement from the Government.

We need to continue our fight for crypto in India. We owe it to our great nation and to our future generations. It’s going to be hard but nothing good ever came easy.

I’d also like to add that the G20 member countries have made a resolution to regulate cryptocurrency globally, and India being a G20-member country, has to abide by it. There’s a G20 meet that’s coming up in the last week of June in Japan. Knowing that Japan has been pro-crypto, I’m confident that we’ll see the Indian government understanding the importance of crypto for India’s progress.

In the mean time, let’s do our bit, and keep busting all the misinformation and myths surrounding crypto. Let’s make our voices heard #IndiaWantsCrypto

Jai Hind 🇮🇳


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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