Namaste tribe! Week 2 of WazirX has been crazy! Our peak 24 hours signup was 30,000 people!

We’re very close to reaching 30,000 KYC submissions. We’ll reduce the number of WRX coins earned for sign ups once we cross 30,000 KYC submissions. We’ll make the announcement soon. Make sure to get your friends to signup. The faster they sign up, the more WRX coins they earn. Read more about our referral program here.

What happened last week (read last week update here).

1. Internal KYC system built. We’ll now start the KYC process and finish all the KYCs before we launch the trading platform.
2. We’ve finished integrating INR deposit feature. We could not complete the INR withdrawal feature last week. We’ll build it out this week.
3. The web version of our trading platform has been developing well. It’s still behind our iOS and Android app but a good amount of work was done on it last week.
4. SURPRISE: We integrated the lock screen feature on our iOS and Android app last week. It’s a much needed security feature and hence we decided to build it even before the launch.

What are we building this week?

1. SURPRISE: This is very very interesting. It’s related to our Android app. Read what it is under “One Big Announcement” below in this blog post.
2. Media Kit: We plan to release a “media kit” so that news agencies, Bloggers, Youtubers etc. get all the media resources they need in order to write and talk about WazirX effectively.
3. Referral Counter: This will display the number of referrals you’ve earned (this is one of the most requested features and hence we’ll try to build it out this week)
4. Login OTP module: This will ensure a better security for your accounts as you would need to enter a 6 digit OTP number every time you login. OTP will be sent to your phone number and your email.
5. Forgot Password: We’ll be launching a way for you to reset your password if you’ve forgotten it. We did not build this at launch but now we’ve got enough users requesting it that we decided it was time to build this one.

One Big Announcement

We plan to release an alpha version of our Android app this week!!! YES! You heard that right. We want you to help us test out our Android app and help us fix all the bugs and make it ready for the launch in March. After the android testing, we’ll also release test versions of our iOS app and website.

This will be a simulated trading, which means it’s not real trading, it’s just for testing purpose. You don’t need to make any INR or Crypto deposits to help us test this version. You also don’t need to worry about KYC approvals for the alpha version as everyone who has registered and submitted their KYC will be able to try the app.

We’ll be planning WRX giveaways as part of the testing phase. I will reveal more details when we share the link for the alpha version of our android app. We will announce the procedure for the alpha testing on the following two channels:

1. WazirX telegram channel — http://t.me/WazirX
2. WazirX Twitter account — http://twitter.com/WazirXIndia

Please subscribe to the above channels so that you don’t miss out on our alpha testing phase. It’s going to be fun and at the same time we need your help in finding bugs in the app. You will also be rewarded WRX coins for your efforts if you finish the tasks we list out as part of this alpha testing phase.

Your support and encouragement has been motivating us to build WazirX faster than we thought we would. You deserve a transparent, trustworthy and amazing crypto exchange so that you can trade in cryptos with ease. We intend to build that for you.

Jai Hind!

*Above content is migrated from medium to wazirx blog