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Month in Review — February, 2019

By March 4, 20193 minute read

Namaste Tribe! February might be the shortest month, but it was filled with a long list of releases! March is going to be even better with more launches, and hopefully a positive crypto regulation in place.

[Ongoing] WRX milestone 1

Reach 50 BTC consistent daily trade volume

What happened last month

[Done] New coins: Last month, we introduced two brand new coins on WazirX, and both of them are hot favourite amongst traders right now! You can now buy, sell, trade BitTorrent (BTT) and Fetch.AI (FET) in our USDT and BTC markets. Both appear promising! Also, in case you don’t know already, BTT has a monthly airdrop on the 11th of every month, and you can claim it on WazirX. 💪

[Done] Tezos trading: We’re the first Indian crypto exchange to list Tezos (XTZ) in January. Now you can buy sell, trade it in our USDT market.

[Done] WRX mining rewards update: We’d introduced WRX mining as India’s largest crypto mining rewards, and we’re so happy to see you all participate, unlock, and earn lakhs of WRX! 🙌 Now we’ve raised the mining difficulty of WRX and halved the bounty rewards for trades performed from 11th February. You can view the revised WRX trading slabs & rewards here.

[Done] First scheduled maintenance: We underwent our first ever scheduled maintenance on 10th February to upgrade our system, and make WazirX better, and more robust for you.

[Done] Highest Trader Kaun for BTT: Seeing people’s craze around BTT, we decided to also help you earn bounty by participating in Highest Trader Kaun. In the contest, we gave away total ₹40,000 worth BTT to the winners! Read more about the contest here.

[Done] NPXS Airdrop credit: We successfully credited the NPXS tokens unlocked in January 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 the new airdrop method here.

What we’re building

[Ongoing] More blockchain integrations: We’re working hard to integrate new coins, and projects every month; expect the same for March as well. Tweet your suggestions to us @WazirXIndia or let us know in the comments!

[Ongoing] More interesting features: We have some pretty cool features lined up for you, but if we describe it, then it will ruin the surprise for you. Stay tuned, you’re going to love it!

Some highlights

  1. We crossed 100 days of #IndiaWantsCrypto campaign in February, and generated almost 1.5 Million impressions! It also got picked up by several national and international news sites.

https://news.bitcoin.com/india-wants-crypto-campaign-growing-support/https://news.bitcoin.com/india-wants-crypto-campaign-growing-support/

2. We received amazing reviews like these:

Something to add

Last week, we also saw the Supreme Court give the Union of India 4 weeks to come up with crypto regulation draft before it reaches a decision. It’s a great news, and now let’s wait for our government to come up with a regulation draft. I’m really optimistic that our government will come up with a positive crypto regulation soon!

In a few days, we’ll also complete 1 year of launching WazirX trading platform. We’ve come a long way, and we have you to thank for supporting us through our journey of becoming India’s largest and most loved crypto exchange! To the moon 🚀

Jai Hind 🇮🇳


Nischal Shetty, CEO — WazirX. On a mission to involve every Indian 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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