WazirX is a cryptocurrency exchange with an advanced trading interface and features to buy, sell and trade cryptocurrencies. Founded by Nischal Shetty, the company raised about $3 million through a private token sale and a Binance Launchpad sale.
WazirX is a centralized exchange and its utility token, WRX, is a BEP-2 token running on Binance Chain.
Users can easily/quickly deposit/withdraw cryptocurrencies, as well as cash out USDT to Indian Rupee (INR) in a peer-to-peer manner, as well as securely store their digital assets in the WazirX wallet.
WRX tokens are used for trading fee discounts, WRX transaction mining (unlock and earn WRX tokens by executing transactions), paying margin fees and more.