WazirX (Owned by Zanmai Labs Private Limited) is India’s most trusted and fastest-growing cryptocurrency exchange with over 6.5 million users, allowing you to buy and sell Bitcoin, Ripple, Ethereum, and more than 100 cryptocurrencies. You can instantly purchase Bitcoin and others by depositing INR via UPI, IMPS, NEFT, and P2P.
It is also India’s leading cryptocurrency exchange, and it was established on March 8, 2018, by Nischal Shetty, Siddharth Menon, and Sameer Mhatre. Nischal Shetty is a well-known name in the web world, and his previous web apps like Crowdfire (formerly known as Just Unfollow) and WazirX speak volumes about his consistency.
Currently, the exchange is part of the Binance community, and it was acquired by Binance (the world’s largest crypto exchange) in November 2019 to launch several fiat-to-crypto gateways.
Users may also use Binance to log into WazirX and use the trading platform or P2P (no fees) to cash in and out of cryptocurrency into Indian rupees. End users will also benefit from this acquisition because they will migrate USDT for free from Binance to WazirX and vice versa.
It’s multilingual and available on all five platforms: Android, iOS, web, Windows, and Mac. The user interface is interactive and intuitive. In addition, the app has over 10 million downloads on the play store.
If you are looking for the WazirX Referral Code in 2021 while creating an account, you come to the right place. Here you can find the best WazirX Referral ID code with links.
Sound’s Good? Let’s get started.
WazirX Referral Code
Use WazirX referral code z3z4j on Sign Up to get 50% off on trading fees.
|Bonus||50% Off on Fees|
|Payout||Immediately After Every Trade|
What is WazirX Referral Code
Use the WazirX referral code z3z4j to get 50% off on trading fees. Compared to other Indian exchanges, WazirX has the lowest trading fees of 0.1%, and if you pay it using the WazirX coin, you will also receive an additional 25% discount. There are no better crypto exchange platforms than WazirX in India.
How to Apply WazirX Referral Code
- Open Play Store and search for WazirZ.
- Tap on the Install button and open it.
- Select the profile icon at the top.
- Next, click on the Sign Up button.
- Enter your email id and choose a strong password.
- Tap on Referral Code and enter z3z4j.
- That’s it, the referral code is applied successfully.
It is recommended that you set up your account protection when you first log in to WazirX. To safeguard your funds, you have two choices are Mobile SMS and Google Authenticator App.
We advise you to use the authentication app because it is safer. SMS messages, on the other hand, are not encrypted by phone companies and can be vulnerable to security threats such as port forwarding and interceptor.
You can also watch the below video to apply WazirX Referral Code:
How to Earn from Wazirx Referral Program
- Open WazirX and Log in to your account.
- Tap on the User Settings icon at the top.
- Select the Invite and Earn option.
- Copy the WazirX referral code & link.
- Share it with your friends & family on social media.
- You will get a 50% commission of your friend’s trade fees.
WazirX Key Features
- The user interface is simple and user-friendly for beginners.
- KYC verification is rapid and safe.
- Instantly buy and sell cryptocurrency with a bank account.
- Low spot trading fees allow you to buy crypto right away.
- Crypto exchange on a (P2P) basis with no transaction fees.
- Binance’s purchase of WazirX gives legitimacy.
- The transaction is reasonably secure.
- The scale of the potential crypto market in India offers a significant opportunity for the exchange.
Forming Partnership with Binance
Binance, the world’s biggest cryptocurrency exchange, bought WazirX in 2019. Binance and WazirX accounts can now be connected for millions of users. Users can now use Binance to log into WazirX and use the trading platform or P2P (no fees) to cash in and cash out crypto into INR. Users can instantly and effortlessly transfer funds wallets.
WazirX is a very secure and dependable network, and the following features add to its security protocols’ authenticity:
- WazirX keeps a large portion of its funds in cold storage.
- A multi-signature wallet system is available on the exchange.
- Two-factor authentication is required for each fund withdrawal.
- The exchange has strict KYC/Aml financing policies as per RBI guidelines.
- The exchange makes investments. To ensure a highly safe trading platform, win routine security audits.
Verifying Your WazirX Account (KYC)
To withdraw funds and trade on the WazirX P2P exchange, you must complete the KYC process by providing the following information:
- Basic details of the users (date, date of birth, address etc)
- PAN card details
- Upload a copy of your ID (e.g. passport or drivers license)
The procedure is semi-automated and takes just a few minutes to complete. Its aim is to protect the exchange and its investors from money laundering and terrorism financing.
WazirX Exchange’s fee structure is as follows:
- For certain transactions, the trading fee is 0.2 percent of the transaction value.
- For certain pairs, such as ETH/WRX, XRP/WRX, YFI/WRX, BNB/WRX, and LINK/WRX, this is not the case. Additionally, users who hold WRX tokens (WazirX’s internal token) will receive a 6.25 percent discount on the trading fee.
- Withdrawal fees are variable.
- There is no charge for p to p transactions.
- An STF transaction costs 25% of the profit generated.
User-Interface of WazirX
It’s easy, clean, and straightforward, making it ideal for new traders and investors. There are no specialized charting methods or metrics, unlike conventional margin crypto trading exchanges. So, if you’re familiar with technical analysis, the WazirX charts are probably not the best option. In this case, you’d be better off analyzing live crypto prices with WazirX in conjunction with a reliable crypto charting platform.
Overall, the WazirX user interface seems to be better suited to beginners or users who just want a quick and straightforward crypto exchange to buy Bitcoins.
WazirX has rendered buying Bitcoin and other cryptocurrencies simpler for Indians. It has a long list of features and an excellent P to P trading exchange that makes buying, trading, and selling Bitcoins with the Indian rupee easy. We can expect more positive things from the WazirX team in the near future thanks to its relationship with Binance, the world’s largest crypto exchange.