Month in Review – July 2021

By August 13, 2021No Comments
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Namaste Tribe! Here’s a monthly report of what happened at WazirX in July.

What happened last month

[Done] 14 new market pairs: Last month, we added fourteen tokens to our INR (fiat), USDT and WRX markets! You can now buy, sell, trade DATA, OGN, KSM, MIR, NKN, DNT, PNT, POLY, ALPHA, COMP, ALICE, SNX, EGLD, and SHIB in our INR, USDT and WRX market. Start trading your favourite pairs here!

[Done] Introduced dedicated telephonic customer support: WazirX has become the first Indian crypto exchange to introduce dedicated phone support for users. You can call us at 0124-6124101 / 0124-4189201 or on our toll free number 1800-309-4449. Our dedicated phone support team is available everyday from 9 AM – 6 PM IST! You can call our support team for any queries, product issues, or even to expedite your existing support ticket resolution. Read more

[Done] pNetowrk(PNT) listing & giveaway: We listed pNetwork (PNT) on WazirX, and gave away PNT via a host of activities like AMA, Highest Trader Kaun, Quiz Time with WazirX, Youtube live, and PNT Trivia contest on Instagram! Read more

[Done] Fifth WRX Burn: We completed the fifth WRX burn for the the quarter of April to June 2021 on 30th July 2021. We burned 7,333,333 WRX equivalent to ₹61.2 Crores INR (~ $8.2 Million USD)! This burn event has permanently removed over $8.2 Million USD worth WRX from circulation! Read more

What we’re building

[Ongoing] AMM Protocol: There have been unforeseen delays in some of the protocols that our DEX is dependent upon. This is preventing us from going live. At this moment, we don’t have an ETA on how long this will take. Be assured that we’re working very hard with the protocol team to expedite the process.

[Ongoing] New tokens: We’ll be listing more tokens on WazirX in the coming weeks. Got any suggestions? Please tweet to us @WazirXIndia.

Some highlights

WazirX co-presented India vs. SriLanka cricket series on SonyLiv!

We partnered with TRM Labs to enhance anti-money laundering and anti-fraud measures for transactions conducted on WazirX.

https://www.coindesk.com/binance-owned-indian-exchange-taps-trm-labs-for-anti-fraud-management

Media talking about 1000 days of #IndiaWantsCrypto

https://www.cnbctv18.com/cryptocurrency/wazirxfoundernischalshettysindiawantscrypto-campaigncompletes-1000-daysamid-hopes-of-conducive-regulatory-oversight-10152471.htm

https://hindi.news18.com/news/business/indiawantscrypto-campaign-key-learnings-about-cryptocurrencies-from-nischal-shetty-samp-3675349.html

Something to add

This month, we reached a huge milestone in the journey of crypto in India. We completed 1000 days of #IndiaWantsCrypto campaign. Lakhs of people have joined the movement and helped it grow. Let’s continue spreading right information about Crypto, tribe.

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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