Namaste Tribe! 🙏

At WazirX, we have always valued transparency and trust. As we work towards restructuring and restarting the platform, it’s important for us to work on further increasing the trust and transparency that you expect from us.

We are working on onboarding new custodians and will update the PoR accordingly. We will ensure we communicate with you about the new custodians. We’re trying to find a custody provider who can offer insurance for the funds so that loss is minimized, even in worst-case scenarios. While security is paramount, in this dynamic and new world of crypto, insurance will start playing an even more important role in custody services.

We have made the Proof of Reserves live for you. You can now easily verify wallet addresses and review asset balances.

Our Proof of Reserves is now live on our website – Click Here

We have published a Proof of Reserves (PoR) on the WazirX website based on a snapshot taken on October 24, 2024. Understanding the value of third-party verification, we’re also working with CoinGabbar, a renowned third-party platform, to provide a dynamically updated PoR. This dual approach reinforces trust and transparency by offering both internal and third-party PoR.

This makes us the only exchange in India to have a dual PoR dashboard: an internal PoR dashboard and a third-party dynamic PoR dashboard. We’re working on setting new industry standards when it comes to transparency.

We will continue to update you at every step and keep you informed.

WazirX has always focused on its tribe and will continue to do the same. We’re a mission-driven team that is on a mission to onboard everyone to the crypto revolution.

Thank you for your continuous support and patience.