Skip to main content

WazirX P2P improvements: Payment remarks + Multiple buy orders

By September 25, 20192 minute read

Namaste Tribe! At WazirX, customer feedback is our number 1 way of improving the product. We’ve been closely talking to many of you, understanding your requirements and figuring out solutions. Here are two major requests that popped out in our discussion with the community:

  1. Find a faster and safer way for sellers to confirm their P2P orders
  2. Increase the number of open orders you can have in P2P

Solution 1: Payment Remarks

This is the most wanted feature for WazirX P2P, and we’re happy to share that it’s now available for everyone! “Payment Remarks” solves two major problems.

  1. It helps the seller confirm a transaction faster, especially if they are dealing with multiple buyers
  2. It ensures that buyers only enter this special “Payment Remarks” and do not enter keywords that get you in trouble with your banks (I’m sure you all know why such keywords should not be entered in the remarks)

Let’s say, you’re a P2P buyer looking to buy USDT with INR. When you go to WazirX P2P to make payment to the seller, you’ll see “Payment Remarks” along with the seller’s name, account number, amount and such details. You have to enter the remarks in the banking app you will use to make payment to the seller.

What a P2P buyer sees
What a P2P seller sees

Click here to share this news with the community.

Solution 2: Multiple orders for buyers

We have improved our P2P system further such that it analyses a P2P buyer’s past behaviour, and based on the same, it lets buyers place multiple orders on P2P. Until now, the maximum multiple orders was 2. We’re happy to say that now you can place up to 4 buy orders on P2P if you have a certain portfolio value in your WazirX account.

👉 Buyers with a portfolio value of ₹15,000 can place orders for up to 4500 USDT
👉 Buyers with a portfolio value of ₹20,000 can place orders for up to 6000 USDT

We’re making more and more changes to make trading on WazirX seamless for you. If you’ve got more feedback, do tweet to us @WazirXIndia!


Siddharth Menon, Co-founder & Head of Product — WazirX. The world needs to get on to the crypto evolution asap. Follow me on Twitter
*Above content is migrated from medium to wazirx blog
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.
Participate in the Indian Crypto Movement. Share:

Leave a Reply

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.