If you want to make
money online by trading cryptocurrencies in India, WazirX
is the right choice for you as it provides the safest, fastest, smoothest and
most reliable trading platform in Bitcoin and Cryptocurrency
trading.
WazirX is the
most popular cryptocurrency exchange in India and has become
number one due to its user-friendly interface, ease of use, and the
availability of a wide range of cryptocurrencies in the INR, USDT, WRX and BTC
series. It has its own cryptocurrency token as WRX.
WazirX is owned
by Binance, the world's largest cryptocurrency exchange in terms of
trading volume, which increases the future aspects of WazirX in India.
WazirX is the
most reliable, secure, user-friendly and fastest cryptocurrency exchange
platform in India, based on traffic, liquidity, trading volumes and confidence
in the legitimacy of trading volumes. It has maximum number of users, its 24
hour trading volume was $ 218 million with 137 coins available for trading.
WazirX offers the
fastest and easiest way to trade cryptocurrencies. You can start
trading by following a few simple steps such as registering, completing KYC,
depositing INR, and placing an order.
How to open a WazirX account?
Creating a WazirX account for
Bitcoin / Cryptocurrency trading in India is very simple and it may
take less than five minutes to register, a few minutes for KYC verification and
5 minutes for bank account verification. As WozirX is the most trusted platform
for cryptocurrency and legal trading in India, verifying your KYC and bank
account may take some time if you have not submitted correctly or if you do not
stick your ID near your face when taking a selfie. Once you have verified your
KYC and bank account, you can start trading online and making money.
Before you start creating your account in WazirX, you
need to keep your scanned copy of Aadhar card (both front and back separately)
and PAN card ready in your cellphone or laptop, then follow simple steps such
as starting to create an account, complete your KYC, deposit funds and you are
ready to make your first transaction.
Steps for creating a WazirX account
1. Click here to access the official WazirX website.
2. Click Register and fill in your registration
information such as email and set password.
3. Select the Terms and conditions of agreement box,
read it carefully and click SIGN UP. You will receive an email to your
registered email address for verification.
4. Click on the account activation link in your email.
5. Login now and you are ready for KYC verification.
From now on, you need to use your cell phone for a quick
KYC verification
6. Download the WazirX app from Google Play Store: Click
on WazirX - Bitcoin, Crypto Trading ExchangeIndia.
Then download the Google Authenticator app and connect
it to your WazirX account for 2-factor security.
7. Click your profile tab, then click Full Verification.
Select Authenticator App, then enter the number generated in your Authenticator
App. (Keep a pencil handy if you cannot remember the numbers generated in the
Authenticator app)
8. Complete the KYC by selecting the country, entering
the Aadhar card number, attaching the front and back scan of your Aadhar card,
enter the PAN card number, then attach the scanned copy, upload a selfie in JPG
or PNG. Finally click on submit.
9. Now, to link your account to your nationalized bank
account, enter your bank details. WazirX will use this bank account for all
your future withdrawals.
Once all the details are verified, you can deposit funds
to start trading.
How to deposit and start trading on WazirX
Once your KYC and Bank account verified successfully, you
can deposit INR in your WazirX account from your linked bank account to start trading
Bitcoin and other cryptocurrencies. You can deposit INR through any of the
accepted payment options. However, you can also deposit cryptocurrencies if you
have already from other accounts.
To deposit INR, Click on “fund” then click on “INR” then
click of “Deposit” then click on “Instant Deposit (UPI only)” (presently
IMPS/NEFT, Bank transfer is disabled due to bank partner issue), select UPI, If
you have not added your UPI, then fill the details suchs “Alias” and UPI/VPA
ID. If you want to deposit a fund
through cryptocurrencies, copy the destination address or scan the QR code and
deposit the funds.
What is WazirX Spot trading
WazirX provide
easiest platform for spot Trading, you just click on the desired exchange such
as INR tab in the header, select coin you want to trade, select value on which
price you want to buy, set amount and click on buy, when the market meets the
requirements of your order, the system executes them automatically.
How to trade WazirX P2P
You can only
trade USDT in Peer-to-Peer exchange service. For that you have to first buy
USDT in your account. WazirX has unique buyer and seller search software that
automatically matches you to the right seller when you place an order as a
buyer.
How to trade WazirX STF?
The Smart Token
Fund (STF) allows you to hire smart buyer or specialist who manage transaction
on behalf of you as you don’t have much knowledge in cryptocurrency trading, he
trade for you and in return, you will have to pay them 25% of your total profit.
Is trading on WazirX risk free?
WazirX provides
you a cryptocurrency exchange platform and takes all necessary precautions to
protect your funds. However, you should be aware that all types of investment
are subject to market risk, especially crypto assets, as cryptocurrencies are
very volatile.
Summary
WazirX provides
user-friendly interface for trading cryptocurrency in India. WazirX is
the safest, easy to operate and trusted Indian cryptocurrency exchange
owned by the world's largest exchange Binance, allowing you to buy and sell a
wide range of cryptocurrencies in INR, USDT , BTC, WZX, etc. It allows more
than 68 coins / token in INR while 100+ in USDT. WaziX is the most secure
because it is linked to your single bank account and all deposits and
withdrawals are handled by KYC verification and transactions controlled by the
authentication code.
DISCLAIMER: The
information provided on this website is for educational and entertainment
purposes and does not constitute investment advice, financial advice or trading
advice. This website editor does not recommend purchasing any cryptocurrency.
Crypto markets are highly volatile and crypto investments are risky. Readers
should do their own research on cryptocurrencies and consult their financial
adviser before making any crypto investments.
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