WazirX Mentioned on Koinalert

By May 14, 20212 minute read

WazirX, currently the most trusted and fastest growing cryptocurrency exchange of India today launches QuickBuy option on its platform. With the help of this feature users can easily buy crypto in just 3 steps.Just choose the crypto and buy it instantly with just a tap. With this WazirX QuickBuy option, any user can buy crypto of as little as Rs 50.

QuickBuy directly buys crypto from the WazirX order book soon after placing the order, i.e. it buys crypto faster without any hidden fees. At present, WazirX has the highest trading volume and highest liquidity in the INR market in India.

According to Nischal Shetty, the founder and CEO of WazirX, “We wish to take our customer experience a notch above with the launch of the QuickBuy feature. It will further streamline crypto transactions in India, thereby allowing millions of people to participate.

WazirX, on Wednesday, reveals that it has added one million users in the month of April. It is eying to onboard around 10 million customers by the end of this quarter.Not only this exchange has added almost 1 million users between Jan to March 2021. It has doubled its users base from 1 million to 2 million between these two months. It recently faced an outage due to high demand and also topped the $350 million level for the first time. It also surpasses the market capitalization of $1 billion as WRX was trading at its all-time high of $5.87 on 4th April.

Recently, it also launches a decentralized NFT marketplace to support Indian artists. Indian creators can place their digital assets for auction over the blockchain-based NFT marketplace and earn royalty thereafter.

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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