WazirX
Key data
data refreshed every 10 minutes$410.14K / 24hWazirX is a centralized cryptocurrency exchange (CEX) headquartered in India, founded in 2018. It became widely known as one of the country's most popular trading platforms, particularly after its acquisition by Binance. If you've just searched for WazirX, this page covers the essentials: what the exchange is, how it works, and what to keep in mind before using it.
Frequently asked questions
What is WazirX?
WazirX is a cryptocurrency exchange launched in India in 2018. It offers spot trading, a peer-to-peer (P2P) marketplace for buying crypto with local currency, and its own native token, WRX. The platform grew rapidly to become one of the most recognizable crypto venues in the Indian market.
Is WazirX a centralized exchange?
Yes, WazirX is a centralized exchange (CEX), meaning users deposit funds and trade through a platform operated by a company rather than trading directly from their own wallets. This brings familiar features like customer support and order matching, but also means users rely on the operator to custody their assets.
When was WazirX founded?
WazirX was founded in 2018. It gained additional attention in 2019 when Binance announced its acquisition of the platform, which significantly boosted its user base and visibility.
What should users pay attention to when using WazirX?
As with any centralized exchange, users should consider custody risk — funds are held by the platform, not in personal wallets. It's also worth checking the exchange's current regulatory status, fee structure, and supported features directly on the official site, as these details can change over time.