What is WazirX (WRX)?
WazirX is a cryptocurrency exchange with an advanced trading interface and features to buy, sell & trade cryptocurrencies.
How does WazirX work?
It is an exchange with a live open order book system that allows users to trade 80+ digital assets like Bitcoin, BNB, Bitcoin Cash, Litecoin, Dash & many more.Users can deposit/withdraw cryptocurrencies and also cash in/cash out USDT via Peer-to-Peer (“P2P”) to Indian Rupees (“INR”) with ease and speed, as well as securely store their digital assets in the WazirX wallet.WazirX’s aim is to bridge the global fiat-cryptocurrency gap with the world’s first auto-matching P2P engine - WazirX Peer-to-Peer.
What is WazirX used for?
As of today, WazirX Peer-to-Peer is the go-to method to deposit and withdraw INR in India, and growing steadily.WazirX’s native token, WRX, is the utility token forming the backbone of the WazirX ecosystem. The WRX token is built on Binance chain with future use cases including: trading fee discounts, WRX Trade Mining (unlock and earn WRX tokens by performing trades), paying for margin fees, and more.
Where can you buy WazirX?
WazirX (WRX) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for WRX sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting WRX, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of WazirX (WRX)?
The reported 24-hour trading volume of WazirX is $29.22K. Volume is a live reading of how much WRX changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
