Cryptocurrency

WazirX Review 2021: Buy Bitcoin Using WazirX

WazirX Review 2021: Buy Bitcoin Using WazirX: WazirX, an Indian Cryptocurrency exchange, helps you buy, sell and trade-in a basket of virtual currencies like Bitcoin, Ripple,Tron,btt, Ethereum, Litecoin and more

launched on 8 March 2018. It is run by Nischal Schetty, Sameer Mhatre and Siddharth Menon, WazirX is accessible to both new crypto investors and professional traders. Now Binance Acquires India’s Leading Digital Asset Wazirx(21 November 2019)

WazirX Review 2021: Buy Bitcoin Using WazirX

WazirX even has its own token WRX Coin that you can use for paying transaction fees.

How to buy Bitcoin in India?

How to add Indian rupees on WazirX

KYC verification should be completed before depositing funds

Option 1:

We can make a deposit via UPI/IMPS/NEFT/RTGS. We’ll need to submit our transaction details to WazirX for verification purposes.

Option 2:

We can make a deposit via IMPS/NEFT/RTGS. Here we have skip having to submit our transaction details.

Buy Bitcoin With WazirX

Now you are ready to buy Bitcoin with your deposited fiat money. Let’s explore how easy the process is:

  • Visit the Exchange to view the latest bitcoin price.
  • Scroll down, you will find the BUY and SELL options on your dashboard.
  • Enter your desired price in INR and Amount of BTC you  have planned to buy
  • Hit PLACE BUY ORDER, and wait for the order to execute

Congratulations! Once the transaction is executed, you should find bitcoins added to your WazirX wallet.

Exchange Fees

 0.0006 Withdrawal Fee • 0.20% Taker Fee • 0.20% Maker Fee

Final Word

So far Wazrix is the best platform available for cashing out crypto in India. But the volume in the platform is very low compared with Binance and other popular exchanges.

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