Namaste Tribe! At WazirX, we’ve always taken pride in the fact that we keep YOU — our tribe — at the foremost of any product-related decisions we make. We love hearing your feedback, and implementing them to make WazirX better for everyone.
Many of you have reached out to us requesting us to reduce WazirX withdrawal fee from 10 USDT. We heard you, and we have been working on it one step at a time. Here’s how:
Step 1: WazirX <> Binance integration
After WazirX became a part of Binance, we received many requests for an easy way to transfer USDT between WazirX and Binance. When we looked at our internal data, we realised that maximum USDT withdrawals were being made to Binance. We started working on solving this for you. It wasn’t an easy task, and this process took us crazy coding, testing, and coding (again) to finally make WazirX <> Binance deep integration live in February 2020. We’re proud to say that USDT withdrawals between WazirX and Binance are now INSTANT with ZERO fees!
USDT transfer between WazirX and Binance wallets is instant and free!
Step 2: Reduce USDT withdrawal fee
On WazirX, our crypto to crypto prices have always been at par with international ones. After making USDT transfer instant and free for Binance, we started working on reducing the USDT withdrawal fee further for everyone else. We’re happy to announce that we have now reduced the USDT withdrawal fee to just 1.5 USDT — the lowest in India!
WazirX has the lowest USDT withdrawal fee in India starting from ZERO fee!
We’ve always built out features keeping you in mind, and we’ll continue to. Thank you for always supporting us!
Happy trading, tribe 🚀
*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.