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Hello Tribe! 👋
WazirX is committed to ensuring our users get the best experience on our platform. Hence, we are dedicated to continually finding innovative ways to improve the user experience.
The WazirX team is super excited to announce the launch of its new User Interface as part of WazirX 3.0. This major upgrade brings a host of innovative features designed to enhance the trading experience by making it faster, more reliable, and highly informative.
This intuitive UI promises to elevate crypto trading, offering enhanced, innovative features that cater to both seasoned traders and newcomers seeking a seamless learning experience.
Accelerate your trading journey by simply updating your WazirX app from the Play Store or AppStore.
So, what’s new here?
First Things First – WazirX 3.0 First Look
Users can choose between the Advanced (new UI) and Standard trade terminals:
Let’s understand the new UI (Advanced Trade Terminal) in the simplest way possible:
#1: Order Book Beside The Trade Terminal
Users can now effortlessly visualize their open orders in one look. Let’s take a simple example by choosing to trade BTC/INR.
The order book is displayed on the left with the order form on the right, enhancing visibility and facilitating open order tracking.
The order book offers multiple views. Users can toggle to see just the buy crypto orders, sell crypto orders, or both, which is the default.
This feature allows users to place orders seamlessly while staying engaged in the market. It also enables them to visualize the status of their open orders effectively.
#2: Market Switcher
Switching markets has never been easier. At WazirX, we support 4 markets (INR, USDT, BTC, WRX).
The Market Switcher feature allows seamless market transitions directly from the trade terminal. Users no longer need to change tabs or screens to switch between markets! Swift, isn’t it?
All they need to do is – simply click on the market name (e.g., BTC/INR) in the top left corner to open a quick popup menu showing three lists:
- Recently Visited Markets
- Favourites
- Base Currency (e.g., BTC/USDT, BTC/WRX)
#3: Easy Open Orders Access
Users can now view their ‘Open Orders’ directly below the trade terminal, eliminating the need for navigation to other pages. This enhancement ensures vital information is readily accessible, significantly improving the efficiency of order management.
#4: Funds Section Enhancement
Market-related funds are now conveniently visible within the trading window.
For instance, in the BTC/INR market, users can see their total INR balance and total BTC holdings. Additionally, detailed information such as the average buy price and Profit and Loss (P&L) for that asset is also visible.
So, this is how our new “Advanced Trading Terminal” looks. To understand this new interface better, check this video.
What are you waiting for? Login and experience the all-new WazirX 3.0 now!
Happy Trading!
PS: There is more to WazirX 3.0 loading…
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.
Is crypto legal?
Crypto is legal in most countries, including India. While nations like the U.S. and many in Europe have regulatory frameworks, others like China have strict bans.
How to install WazirX?
Simply visit WazirX's official website or go to the Play Store or App Store and download the application on your device.
How to buy coins on the WazirX app?
To buy coins/tokens on the WazirX app, deposit INR using Instant or Standard options. With an INR balance, access INR markets (e.g., BTC/INR, ETH/INR) and place buy orders. WazirX also supports USDT, BTC, and WRX markets.
Can I withdraw INR from the WazirX app?
At WazirX, we facilitate seamless INR withdrawals to your linked bank account. IMPS withdrawals are processed instantly, ensuring immediate access to your funds. NEFT withdrawals are settled within a few hours during banking hours, with funds typically credited within 72 hours, depending on your bank.
What is the minimum deposit in WazirX?
On WazirX, you can deposit a minimum of Rs 100 and a maximum of Rs 50 lacs per transaction, with no daily limit.
How much tax is deducted on WazirX withdrawal?
From 1 July 2022, TDS (Tax Deducted at Source) of 1% (5% in exceptional cases) of the trade value is deducted on each trade as per the Government's guidelines issued on Virtual Digital Asset (VDA) transfers on WazirX. This TDS can be claimed while filing your ITR.
Can I buy Bitcoin for 100 Rupees in WazirX?
Yes, you can buy Bitcoin on WazirX for as low as Rs 100. Start your investment journey with WazirX and buy Bitcoin today!
