WazirX WRX
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Score Sentiment Neutral
Fundraising Statistics
$0.02 -0.75%
$0.02
Binance Tier 1 WRXWazirX
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Short Review WazirX
Crypto project WazirX (WRX) is classified as a Exchange. WazirX is a Utility token that is hosted on the BSC (BEP-20) Network. The current total supply is 300.00 M WZRD (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of $2,000,000 (10% of total tokens) have been allocated for the public sale. The level of social activity of the WazirX project is assessed as High.
WazirX ICO Overview
Public sale of tokens will take place on the Binance Launchpad. Estimated date for the public token sale: 3 February 2020. WazirX (WRX) price during the token sale: 0.02 USD. You can purchase project tokens for BNB
WRX Price Chart
The launch of WRX token trading took place on 4 February 2020.
Fundraising Rounds
Total sold 261.00 M WRX tokens (0.26% of total tokens). Total amount of funds raised by the WazirX project is $2.90 M.
| Investment Round | Date | Price | Funds Raised |
| Binance Launchpad | February 3, 2020 | $0.02 | $2.00 M |
| Private Sale | January 1, 2020 | $0.018 | $900,000.00 |
| WRX Airdrop | January 2020 | -- | -- |
WazirX Investors
Binance Tier 1Detailed review of WazirX
WRX is a utility token of the Indian exchange WazirX , based on the Binance blockchain. WRX is an important component of the WazirX ecosystem and its main goal is to increase community engagement, contribution to the platform and rewards. Token holders receive various benefits on the WazirX exchange. For example, WazirX users can take advantage of a 50% discount on their trading fees using WRX. The trade commission discount changes every year. Apart from trading, WRX tokens can also be used to pay listing fees on the WazirX exchange, pay commissions on margin transactions, etc.
WazirX (WRX) Project
Nishal Shetty, Founder and CEO of WazirX, is also the founder of the Crowdfire platform (a marketing bot that plans and executes the right marketing techniques needed for growth). Around the end of 2017, Nischal decided to create a cryptocurrency exchange for India. WazirX was founded in 2018 by three programmers: Nischal Shetty, Siddharth Menon and Sameer Mhatre. WazirX claims to be the fastest growing cryptocurrency exchange in India with over 400,000 users. Binance acquired WazirX in November 2019. In February 2020, the IEO of the WRX token was held in a lottery format on Binance Launchpad. 100,000,000 WRX were sold (10% of the total) at a price of ~$0.018.
WazirX (WRX) Advantages
- Good growth prospects WRX prices. Since the Indian crypto market has just begun to develop.
- Regular updates of WazirX increase the level of security for exchange users.
- Trust. Since WazirX was purchased by Binance.
Disadvantages of WazirX (WRX)
- High risks of losing funds . Due to the ban on cryptocurrencies in India, there is now complete uncertainty regarding the regulation of the cryptocurrency industry in this country.
- Excessive volatility in WRX prices.
