Recently, WazirX India has been blooming extensively in the cryptocurrency market. Due to its specialized features and over-the-top organizational skills, it might be the best choice for a P2P exchange. Furthermore, the platform charges 0% fees on WazirX P2P transactions with some minimal buying and selling limits.
SummaryWazirX is one of the best crypto exchanges in India, that allows its traders to make Peer-to-Peer (P2P) crypto exchanges. In addition to this, the platform has been acquired by the world’s biggest cryptocurrency exchange, Binance. Furthermore, due to this acquisition, you can directly transfer your assets from your WazirX wallet to Binance, without paying any transaction fees. Read our WazirX Review to learn more.
Features of WazirX P2PThere are many features that you can access in WazirX. All of the features, the most important one, is P2P crypto transactions. Below are some more features of this institution.
WazirX P2P tends to help you with buying and selling USDT in INR directly through buyers and sellers. In addition to that, it works 24×7, is safe and secure, and is 100% legal even though there are two simple ways to do the transactions.
Signing up into a WazirX account and setting up your KYC is pretty simple and basic. Keep following the steps mentioned below, and you are all set to use WazirX P2P.
If you select the Authenticator App, you will have to scan a QR code. Although, you will need Google Authenticator or Authy to scan this code.
Alternatively, if you choose the Mobile SMS option, you will have to enter your mobile number. As soon as you enter your mobile number, an OTP will be sent, and you have to enter that OTP. You have your mobile number registered with WazirX.
Alternative SetupIn the next step, you have to select your particular country. As soon as you choose your country, you must determine which type of bank account you want to register, i.e. personal or company. If you prefer a personal version, there will be some KYC details present.
In KYC details, you have to fill in essential information, which is mentioned below.
As soon as you enter all the data, the verification procedure takes about 24-48 hours. If your verification does not pass by chance, you will get an email stating the reasons for rejection, and then you can apply again.
Visit WazirX KYC at WazirX Steps to trade on Wazirx P2PThe primary purpose of WazirX P2P is to make the transactions as simple as possible and obtain high liquidity. Consequently, when you sell any crypto, you have to convert it into USDT first and then trade that USDT with INR. WazirX is one of the few Indian crypto exchange platforms to have USDT pairing. Furthermore, there is no applicable fees on WazirX P2P exchanges, hence it can help you save on the deposit and trading fees.
Visit WazirX WazirX P2P ConclusionAfter the WazirX platform has set foot in the cryptocurrency market, the definition of transactions has transformed. With the addition of WazirX P2P and 24×7 available services, WazirX deserves some credit. Furthermore, India’s legalizing cryptocurrency turned out as a plus point due to the continuous development of the blockchain industry and technologies.
Visit WazirX Frequently Asked QuestionsWazirX was launched in 2018. Since then, it has been one of the most trustworthy and safe trading platforms for customers nationwide and internationally.
Cryptocurrency is legal in India. Hence, WazirX is a trusted cryptocurrency exchange and trading platform. Also, there are tax rules implemented by the Central Board of Direct Taxes.
No. The withdrawal will only happen to the Bank account that you have linked to your WazirX account. The name on the Bank account that you link MUST match the name on your WazirX account.
Users can deposit funds via UPI, bank transfer (IMPS/NEFT/RTGS), and peer-to-peer lending (P2P). WazirX requires a minimum deposit of Rs. 100 and a minimum withdrawal of Rs. 1000.
You can deposit a minimum of Rs 100. No maximum limits apply.
Also, read
All Rights Reserved. Copyright , Central Coast Communications, Inc.