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The next phase of WazirX begins πŸš€ – Part 1

By November 20, 2019August 16th, 20222 minute read

It was Wednesday, January 31st, 2018 when I unveiled WazirX with only one thing in mindβ€Šβ€”β€Što provide every Indian with a product that surpasses every other global product in terms of quality. It was also the day we introduced multiple other things to involve our community while building and growing WazirX.

After furious coding and testing, we finally launched WazirX exchange platform on 8th March 2018 with 3 tokensβ€Šβ€”β€ŠBitcoin, Litecoin, and Dash. We were also the first Indian exchange to be available on Web, Android, and iOS. With almost 80 tokens trading in our markets, and support for Mac and desktop clients, we’ve come a long way. It wouldn’t have been possible without your support, tribe! πŸ™Œ

Have no fear, WazirX P2P is hereΒ πŸ’ͺ

I remember how shortly after our launch, the Reserve Bank of India put a blanket ban on crypto in India. True to our promise of involving everyone into the blockchain revolution, we innovated hard and launched WazirX P2P with the world’s first auto-matching P2P engine. What a game changer it’s been! Today, due to its unique nature, WazirX P2P is the cheapest, fastest and most-used method to deposit or withdraw Indian Rupees in India.

India’s first ever Highest TraderΒ contest!

I love how at WazirX, we’ve always continued to innovate and keep the crypto fire alive in India while we saw most exchanges shut shops or move out. Over the previous 20 months, we’ve brainstormed and introduced iconic features like, Deposit Dhamaka, WRX Mining Rewards, XID, and latest being STF!

All this, and YOU have helped us grow rapidly, and become India’s most trusted and largest cryptocurrency exchange! But we’re just getting started. 😎

Fiat <> Cryptocurrency conversion is a globalΒ issue.

Millions of people around the worldβ€Šβ€”β€Šespecially in developing and underdeveloped countriesβ€Šβ€”β€Šare facing delays and banking issues with buying or selling of cryptocurrencies with fiat currency. We believe that the next phase of cryptocurrency adoption will happen when the world’s Fiat <> Crypto problem is solved for the masses. We plan to fix this global problem with our one-of-a-kind solutionβ€Šβ€”β€ŠWazirX P2P! But how?

β€œIf you want to go fast, go alone. If you want to go far, go together.β€β€Šβ€”β€ŠAn AfricanΒ Proverb

This cryptocurrency revolution is bigger than any of us, and we’ve decided to do something to make it happen faster. And this, tribe, marks the beginning of the next phaseβ€Šβ€”β€ŠPhase 2β€Šβ€”β€Šof WazirX’s journey!

We’ve been acquired by Binance!Β πŸŽ‰

The WazirX team has joined forces with Binance, the world’s largest cryptocurrency exchange to be a part of their greater mission to spread freedom of money. Read our official announcement here.

…To be continued in Part 2.

Read the official announcement here.

Nischal Shetty, CEOβ€Šβ€”β€ŠWazirX. On a mission to involve everyone in the blockchain revolution! Follow me onΒ Twitter
*Above content is migrated from medium to wazirx blog
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