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Month in Review — January 2020

By February 16, 20202 minute read

Namaste Tribe! The first month of 2020 has been 💣 with Bitcoin price crossing $9K mark, crypto market picking up, and Crypto vs. RBI hearing coming to end. January was also a historic month for the Indian crypto ecosystem as WRX became the first Indian exchange backed token to announce IEO on Binance Launchpad 🚀

What happened last month

[Done] WRX token sale announcement: In January, we finally answered your questions about “When WRX?” Yes, WRX is going for a token sale and what better platform to do it than Binance Launchpad? The token sale happened on Binance Launchpad with a lottery-format ticket claim. Read more

[Done] WRX unlock schedule: With your endless support, we managed to get WRX to IEO on the best platform in the world. But our work here isn’t done yet. In fact, it’s just the beginning. We’ve been thinking about the right way to unlock such that it helps us make WRX beneficial for the entire ecosystem. We brainstormed, worked days and nights, and have come up with a fair and innovative release schedule. Read more

[Done] Hindi Q&A session: We had so many amazing things happening around, a Hindi Q&A session with you was long due. Watch this video where I answer questions about WazirX, WRX, P2P and many more!

[Done] BNB deposits: We have enabled BNB deposits on WazirX!

👉 Deposit BNB

👉 Buy, sell, trade BNB in our USDT and BTC markets

👉 BNB withdrawals coming soon

[Done] Crypto hearing consolidated updates: Our very own, Crypto Kanoon has been covering the the IAMAI vs. RBI court case hearing diligently and spreading the right information about it. WazirX is proud to be associated with Crypto Kanoon for the hearing updates. Read more

https://medium.com/wazirx/heres-what-happened-in-the-crypto-vs-rbi-hearing-today-2329a7cb23d3https://medium.com/wazirx/heres-what-happened-in-the-crypto-vs-rbi-hearing-today-2329a7cb23d3https://medium.com/wazirx/heres-what-happened-in-the-crypto-vs-rbi-hearing-today-2329a7cb23d3https://medium.com/wazirx/heres-what-happened-in-the-crypto-vs-rbi-hearing-today-2329a7cb23d3

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

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

What we’re building

[Ongoing] Binance integration: We’re working hard on integrating WazirX P2P into the Binance Fiat Gateway platform. With this update, existing Indian users on Binance will be able to directly deposit/withdraw INR from the platform itself. Exciting times ahead 💥

[Ongoing] WRX Listing: WRX will soon be listed, and start trading on WazirX & Binance.

[Ongoing] P2P improvements: We’re working on adding more improvements to WazirX P2P, and will reveal it to you in due time.

Some highlights

  1. I wrote about what Indian crypto ecosystem wants from Budget 2020 on Financial Express & Inc42:

https://medium.com/wazirx/heres-what-happened-in-the-crypto-vs-rbi-hearing-today-2329a7cb23d3

2. My interview during Genesis Blockchain Conference 2020

3. WRX token sale covered 🚀

https://medium.com/wazirx/heres-what-happened-in-the-crypto-vs-rbi-hearing-today-2329a7cb23d3

Something to add

We saw various interesting developments in this month. Our court case hearing was also interesting and showed that the judge bench had done prior research on blockchain and crypto. I think it’s a very good thing for our ecosystem.

In the meantime, let’s keep busting more myths and misinformation about crypto, and keep winning 💪

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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