WRX Coin Price
What is WazirX (WRX) ?
WRX is a digital asset, much like Bitcoin. We predict the value, usefulness, and liquidity of WRX to rise over time since there will only be 1 Billion WRX coins ever produced. You become one of the coin 's early adopters by acquiring WRX coins through the WazirX registration and referral reward program, and we anticipate you to benefit from the coin 's increasing use and demand. WRX is the WazirX exchange 's token. The token allows you to charge savings as well as other benefits. WRX was developed with the intention of involving and rewarding the community in the development of WazirX. A total of one billion WRX coins will ever be created, and the WazirX coin price or WRX coin price is now greater than one dollar.
WRX is WazirX 's native utility token. It is intended to serve as the cornerstone for the whole WazirX ecosystem. Binance Chain, the company 's own blockchain, is utilized for token distribution and issuance. WazirX is an Indian cryptocurrency exchange where you can buy, sell, and trade digital assets such as Bitcoin, Ethereum, Litecoin, and Ripple. The survival and sustainability of WazirX as a crypto exchange are contingent on WRX tokens. As WazirX 's popularity grows in India, an investment in WRX will benefit both investors and WazirX. Follow their official Twitter account for any updates in the upcoming future!
WRX Coin Price
As of 19 August 2021, WRX Coin Price is at $1.37. Its peak price is dated back in April 2021 with a price as high as $4.0767. WazirX token chart and price can be monitored and followed on Arken.
WRX Coin Address (Polygon): 0x72d6066F486bd0052eefB9114B66ae40e0A6031a
WazirX, which was launched in 2018, claims to be India 's fastest-growing cryptocurrency exchange, with over 400,000 users and an average app rating of 4.6. WazirX is a cryptocurrency that is part of the Binance ecosystem. WazirX and Binance have announced the creation of a $50 million USD ‘Blockchain For India’ fund. The exchange is open to the public worldwide, and important features include:
- Instant INR (fiat) deposit and withdrawal choices
- The world 's first auto-matching P2P engine with high liquidity
- 80+ tokens
- Smart Token Fund to assist crypto investors in discovering skilled traders and manage their cryptocurrency portfolio
- Use the Binance option to log in.
WRX Token details to market are as follows:
Token Name: WazirX (WRX)
Launchpad Hard Cap: 2,000,000 USD
Total Token Supply: 1,000,000,000 WRX
Total Tokens Allocated to Binance Launchpad: 100,000,000 WRX (10% of Total Token Supply)
Public Sale Token Price: 1 WRX = 0.02 USD (price in BNB will be determined before the lottery draw date)
Token Sale Format: Lottery
Max Number of Winning Lottery Tickets: 10,000
Allocation Per Winning Ticket: 200 USD (10,000 WRX)
Supported Sessions: BNB only
WRX will be issued as a BEP2 asset on Binance Chain.
More detail on WRX coin is available on its whitepaper.
WazirX charges a 0.2 percent fee on all transactions. The 0.2 percent charge is one of the lowest crypto exchange commission rates in the world, according to the organization. It 's also worth mentioning that using the app to deposit and withdraw money might be expensive. Depositing money through bank transfer costs Rs. 5.9, while withdrawing money from the app costs between Rs. 5 and 10, depending on the mode of withdrawal.
WRX Crypto 's Key Features
Smart Token Fund: it assists those looking to invest in cryptocurrency to discover more knowledgeable individuals who are willing to share their knowledge, allowing them to manage and benefit from their cryptocurrency portfolio.
Instant Deposits: they allow transactions to be completed in a matter of seconds.
Cross-platform accessibility: transactions may be performed using nearly any existing operating system, including Android, iOS, Windows, and Mac.
A wide range of coins: there are over 100 cryptocurrencies accessible for quick and easy trading.
Advanced trading tools: WazirX is brought to life by a dedicated team of blockchain specialists who created all of TradingView 's features and charting tools. They aid in the analysis of pricing, statistics, graphs, and charts, allowing you to get the most out of your study.
Referral commission: WazirX trading fees are shared 50-50 in order to contribute to global crypto adoption and enhance crypto asset trading volume. The greater the number of users - and hence the higher the fees - the greater the contribution to the future of cryptocurrency.
Why Should You Buy WazirX?
- WRX tokens are integral to the existence and success of WazirX as a crypto exchange. As WazirX grows in popularity in India, an investment in WRX will be a win-win for investors as well as WazirX.
- Gain access to WazirX 's key features as well as the possibility to benefit by trading WRX
- Quarterly WRX token burning is planned. The procedure will eliminate 10% of the 1 billion token supply, guaranteeing that WRX coin price does not fall. This will make WRX an excellent investment vehicle in the foreseeable future.
WazirX Use Case
WRX Use Case 1: A 50% Trading Fee Discount
This applies just if and only if WRX is listed on WazirX. Following that, you will be able to pay trading costs using WRX, and we will begin by offering a 50% trading charge reduction. We want to operate this initiative for four years in the following ways:
Year one: a 50% reduction in trading fees.
Year 2: A 25% reduction in trading fees.
Year 3: 12.5 percent trading fee reduction
Year 4: 6.25 percent trading fee reduction
WRX Use Case 2: Token airdrops
This is a really intriguing and passive approach to earn additional tokens. You won 't need to do anything other than hold WRX. Then, the airdrop chances will be dispersed depending on the quantity of WRX you own. These are airdrops, in which various firms agree to distribute tokens to WazirX users in exchange for listing on WazirX or being promoted to all WazirX users.
It is not known for sure when such an occasion will present itself. It will happen when the trading volume rises, therefore the first focus would be on the increase of trading volume. But the developer is confident that if they develop WazirX into India 's largest cryptocurrency exchange, many firms would be ready to airdrop their tokens to WazirX users, and in such cases, you will profit according to the amount of WRX you own.See WRX token price or WazirX token price and start investing on Arken today.
- Sameer Mhatre
- Nischal Shetty
- Siddharth Menon
Historical Data for WRX Coin Price
|Aug 30, 2022||$0.19539||$0.20002||$0.19143||$0.19183||$976,306||$88,549,374|
|Aug 29, 2022||$0.19481||$0.20377||$0.19365||$0.19446||$939,652||$89,231,901|
|Aug 28, 2022||$0.19386||$0.19574||$0.19006||$0.19469||$862,064||$87,674,755|
|Aug 27, 2022||$0.19064||$0.19757||$0.18921||$0.19359||$771,001||$87,689,969|
|Aug 26, 2022||$0.19435||$0.19629||$0.18905||$0.18905||$1,429,980||$87,114,574|
|Aug 25, 2022||$0.20945||$0.21064||$0.19551||$0.19551||$1,236,960||$96,061,152|
|Aug 24, 2022||$0.20792||$0.20993||$0.20592||$0.20961||$1,023,890||$94,088,755|