Namaste tribe! We’ve crossed the 10,000 KYC submission mark!
Which means we’ve reached the end of Phase 1 and the start of Phase 2. We never anticipated Phase 1 to end within a week of launch! Things couldn’t have been crazier than this. It’s also a great start for WazirX and the WRX coin. If you’re a WRX hodler, then pat yourself on the back. We might be on our way to making history by being the early holders of WRX.
Marking the start of Phase 2
Technically, a key part of Phase 2 (Referral Rewards) was launched along with Phase 1 as an experiment. The response to our Referral Rewards Program has been exponential. Which is why we’re now doubling down on features for you to share and track your referral rewards!
For now, here are the 2 ways in which you can continue to earn WRX in Phase 2:
- New users who sign up with a referral link will now get 350 WRX coins, and those who sign up without a referral link will now earn 250 WRX coins. In Phase 1 this was 600 WRX & 500 WRX respectively. This is exclusively for the next 30,000 sign ups.
- Refer your friend using your referral link. If your friend signs up, both you and your friend get 100 WRX coins each. There’s no referral limit currently, so invite as many friends as you can. More details here — WazirX Referral Program — Participation, Tracking & Rules
Our plan is to keep introducing new ways of earning WRX coins as part of Phase 2 of the 150 Million WRX giveaway.
We’ll update you every time we introduce new ways to earn WRX in phase 2. We intend to launch a bounty program as well in Phase 2 and will reveal that at the right time.
Remember, this is just the beginning of Phase 2. Don’t miss out on this phase. Our early participants will always benefit more from the giveaway than the later ones. Just like the early signups earned 500 WRX in phase 1!
We’ll be launching more interesting and exciting ways to earn WRX in Phase 2. We’re also open to new ideas that you think we should implement as part of Phase 2. Feel free to leave your ideas in the comments below and we’ll explore those ideas as well.
I’m not revealing our total user signups right now. We have an internal milestone for the user signups and we’ll announce the total users when that milestone is hit. Please continue referring your friends so that we can take WRX to the moon!
WRX is the first of it’s kind crypto asset where Indians will be the first holders of this crypto asset. Let’s hodl WRX and let’s get all our friends to be a part of it. Go Go Go!
P.S. Looking at the rate at which new users are signing up, we anticipate a very strong opening for the WazirX trading platform when we launch in March.
Jai Hind!
*Above content is migrated from medium to wazirx blogDisclaimer: 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.
