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Month in Review – September 2020

By October 5, 20204 minute read

Namaste Tribe! Did you know, in September, we gave away over $71,000 in listing and giveaways to our users! This was a great month with a lot of BUIDLing ?

What happened last month

[Done] Serum listing & giveaway: We listed Serum (SRM) on WazirX, and gave away over $9,000 worth SRM via a host of activities like AMA with Project Serum Contributors, Highest Trader Kaun, SRM Trivia contest on Instagram, and Quiz Time with WazirX! Read more

[Done] 13 tokens in inter-wallet transfer option: We’d promised you that we’ll keep adding more tokens to the WazirX <> Binance inter-wallet transfer option. In September, we added 13 tokens to the inter-wallet transfer option. Now you can move ETH, BAND, WAVES, LINK, LEND, ADA, ZIL, DGB, DOGE, EOS, ATOM, ZEC, and ALGO between your WazirX and Binance wallets instantly for zero fee!

[Done] New WazirX Education Partner: Last month, we also announced our fifth education partner, Qualki Academy. Qualki Academy’s end users are not just students but professionals from various backgrounds, looking forward to learning new technologies at the most optimum cost. Qualki has even trained Ph.D. students. Read more

[Done] WRX on Tokocrypto: Good news, WRX is now listed on Tokocrypto, Indonesia’s no. 1, and the most trusted crypto exchange! They are the first entity in Indonesia to be registered under the Trade and Futures Exchange Ministry (BAPPEBTI). WazirX is excited about partnering with Tokocrypto, and spread WRX adoption in Indonesia! Read more

[Done] Contentos listing & giveaway: We listed Contentos (COS) on WazirX, and gave away $14,000 worth COS via a host of activities like Highest Trader Kaun, Quiz Time with WazirX, COS Trivia contest on Instagram, and COS airdrop worth $4,000 to top WRX holders! Read more

[Done] Aion listing & giveaway: We also listed Aion (AION) on WazirX, and gave away $12,000 worth AION via a host of activities like AMA with the Founder & CEO of Open Foundation, Highest Trader Kaun, Quiz Time with WazirX, AION Trivia contest on Instagram, and AION airdrop worth $3,500 to top WRX holders! Read more

[Done] New token listings: On popular demand, we have listed Polkadot (DOT), Uniswap (UNI), and yearn.finance (YFI) on WazirX in our USDT market.

[Done] IoTeX listing & giveaway: We listed IoTeX (IOTX) on WazirX, and gave away $9,000 worth IOTX via a host of activities like AMA with Head of Business Development at IoTeX, Highest Trader Kaun, Quiz Time with WazirX, and IOTX Trivia contest on Instagram! Read more

[Done] WRX/INR trading contest: We ran a trading contest for WRX in our INR market and gave away ₹2,00,000 to top 55 traders! Read more

[Done] The Sandbox listing & giveaway: We listed The Sandbox (SAND) on WazirX, and gave away $25,000 worth SAND via a host of activities like AMA with the COO & Co-Founder of The Sandbox, Highest Trader Kaun, Quiz Time with WazirX, SAND Trivia contest on Instagram, and SAND airdrop worth $15,000 to top WRX holders! Read more

[Done] Instant UPI deposits: Good news! Instant UPI deposits are back, and you can deposit INR instantly to your WazirX wallet via Google Pay, PhonePe, Paytm UPI and more apps. It’s instant and available 24×7!

[Done] WazirX campus outreach: We have started a campus outreach program where we partner with top educational institutes to train students about blockchain and crypto. So far, we have conducted webinars at IIM Ahmedabad, IIT Bombay, IIM Indore, XLRI, NMIMS, DY Patil University, and IEEE Women in Engineering. More institutes to follow. Read more

[Ongoing] Streamr listing: We listed Streamr (DATA) on WazirX, and we’re giving away $20,000 worth DATA via a host of activities like AMA with Head of Growth at Streamr, Highest Trader Kaun, Quiz Time with WazirX, DATA Trivia contest on Instagram, and DATA airdrop worth $9,250 to top WRX holders! Read more

What we’re building

[Ongoing] AMM Protocol: We’re working hard towards building out WazirX AMM Protocol. You can check our progress updates on our blog. We’re very close to the testnet launch, and looking to launch it by 15th October 2020.

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

[Ongoing] Liquidity in INR market: We’ll also add more pairs in INR market. Let’s work together to build liquidity in our INR markets.

[Ongoing] Faster KYC: We have been seeing a sudden and huge surge in new signups on WazirX. We are working hard to ensure KYC approval is expedited.

Some highlights

We got covered on multiple news media platforms like:

https://www.livemint.com/money/personal-finance/crypto-rupee-volumes-surge-in-india-as-trading-shifts-to-exchanges-11598521706951.html

https://inc42.com/buzz/cryptocurrency-this-week-india-in-the-spotlight-over-cryptocurrency-bill-more/

https://www.coindesk.com/bitcoin-should-be-regulated-like-stocks-in-india-says-think-tank-founder

https://www.livemint.com/money/personal-finance/rupee-replaces-stable-coins-in-india-s-crypto-market-11599546170560.html

https://qz.com/india/1901633/besides-bitcoin-indians-buy-tether-ethereum-cryptocurrencies/

https://www.thehindubusinessline.com/money-and-banking/regulate-cryptocurrency-trade-dont-ban-it-appeal-players/article32619004.ece

Something to add

September was a good month, and we’re optimistic that October is going to be even better. We have two big events lined up this month – WazirX AMM testnet launch and the second WRX burn event. Exciting times lie 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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