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WAXP/INR trading on WazirX

By December 12, 20232 minute read

Namaste Tribe! 🙏

Wax is listed on WazirX, and you can buy, sell, and trade $WAXP in the INR market.

WAXP/INR trading is live on WazirX! Share

What does it mean for you?

  • Deposits — You can deposit Wax on WazirX.
  • Trading — You can buy, sell, and trade $WAXP in our INR market. When you buy $WAXP, it will appear in your “Funds.”
  • Withdrawals — You will be able to withdraw $WAXP in a few hours after the listing.

About  Wax

WAX (WAXP) is a purpose-built blockchain released in 2017 that is designed to make e-commerce transactions faster, simpler, and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS. The custom features and the incentive mechanisms developed by WAX are intended to optimize the blockchain’s utility specifically for use in e-commerce, with the goal of encouraging voting on proposals.

To make this possible, WAX created a suite of blockchain-based tools which decentralized application (DApp) marketplaces and non-fungible tokens can be built upon.

Services such as WAX Cloud Wallet, SSO, and OAUTH support e-commerce operations, the latter being a native RNG service and a developer portal. WAX’s blockchain architecture supports 500-millisecond block time and zero-fee transactions for customers. It also makes use of voting rewards to incentivize participation in the selection of block producers and improvement proposals.

  • Trading price (at the time of writing): $0.06628 USD
  • Global Market Cap (at the time of writing): $224,366,151
  • Global Trading Volume (at the time of writing): $23,524,807
  • Circulating Supply: 3,384,093,050 WAXP
  • Total Supply: 4,094,394,705 WAXP

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Happy Trading! 🚀

Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

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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