Mumbai, 08 September 2022: Taking further the concept of Do Your Own Research (DYOR) and simplifying the research process for investors, WazirX, in association with CREBACO and IntoTheBlock, today launched crypto coin reports on its website. The website will publish data-driven reports powered by CREBACO and IntoTheBlock for over 200+ coins that are listed on its exchange. Many of these reports can be read in 10 other languages as well.
Commenting on the launch, Nischal Shetty, Founder & CEO, WazirX said, ‘Like any other investment option – mutual fund, real estate, stocks, etc., people must weigh the pros and cons in crypto too. Research is the very first step towards investing, and we strongly believe that with continuous push in our education and awareness efforts, we will be able to bring a positive impact and mindset towards crypto investing”.
“We hope investors can make most of these reports, and it helps them during their research”, he concluded.
The Crebaco-powered research reports published on WazirX will help readers understand the fundamentals of a Project. While readers can learn about the founding team, technology, funding, and more from these reports, they can also view the rating of the coin. This alphabetical rating defines the overall quality of the coin and helps the reader confirm the coin’s league. While rating the coin, Crebaco looks at the technological background, financial projections, legal status of the project, and of course, the director’s background, including their education qualifications and associated projects.
Crebaco conducts complete due diligence using 153+ parameters before publishing its research reports. To test a project based on the idea of the Trinity and the Ten Commandments is gradually adding more parameters as the industry evolves.
To help readers understand the real-time market, we have also integrated charts powered by IntoTheBlock (ITB). ITB is an intelligence company that leverages machine learning and advanced statistics to extract intelligent signals tailored to crypto-assets. These charts present interesting on-chain metrics that provide a rapid understanding of the state of the coin.
WazirX is an India-based crypto exchange platform that allows users to buy, sell, and trade various crypto assets like Bitcoin, Ether, Litecoin, and more. WazirX is India’s largest crypto exchange and has over 12 million users. WazirX is on a mission to make crypto accessible to everyone in India.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.