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Month in Review – April 2024

By May 3, 2024May 15th, 20242 minute read

Namaste Tribe! Here’s a monthly report of what happened at WazirX in April 2024.

What happened last month?

[Done] New trading pairs added: We expanded our market offerings with 8 new pairs in the INR market and 14 new pairs in the USDT market. The additions include  BCUT/INR, NAKA/INR, POLYX/INR, REI/INR, OP/INR, RVN/INR, ONDO/INR, MEW/INR, BCUT/USDT, W/USDT, JUP/USDT, STRK/USDT, ENA/USDT, TNSR/USDT, ONDO/USDT, ZEUS/USDT, ESE/USDT, MNT/USDT, TIA/USDT, PDA/USDT, OMNI/USDT, and MEW/USDT.

[Update] WazirX Referral Program: Effective April 1, 2024, referral rewards will now be distributed in INR exclusively. These rewards are applicable only to trades within the WazirX INR market and will be disbursed on a monthly basis instead of daily. For more details, click here

Other Highlights

  • WazirX supported and completed the PlayDapp (PLA) token swap to PlayDapp (PDA). 
  • WazirX supported the rebranding of Qredo (QRDO) to Open Custody Protocol (OPEN). Please note that existing QRDO spot trading pairs QRDO/USDT & QRDO/INR were delisted on April 16, 2024.
  • WazirX now supports USDT token deposits via the TRC20 chain. Users can deposit USDT on WazirX using ERC20 and the TRC20 chain.
  • WazirX released the 6th Edition of the Transparency Report for the period of October 2023 to March 2024. This report provides an overview of the company’s recent activities and its adherence to compliance standards. WazirX has continued its efforts to maintain a secure platform for trading virtual digital assets (VDAs), with a focus on compliance with regulatory requirements. The company has been actively working with regulators and law enforcement to support the development of a regulatory framework that benefits the VDA ecosystem. To access the full report, click here
  • Watch our interaction with Abhimanyu Bansal from Pyth Network hereAbout Pyth Network: The Pyth Network is the largest and fastest-growing first-party oracle network, delivering real-time market data to dApps on 40+ blockchains and 380+ low-latency feeds in crypto, stocks, ETFs, FX, and commodities.

Thank you for your unwavering support. We’re excited about May 2024 and the new milestones ahead!

Jai Hind!🇮🇳

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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