Cryptocurrencies have grown popular in India, and digital asset markets in the region have seen exponential growth despite uncertainty from the Indian government. Now, this week the founders of the popular application Crowdfire have announced the team is launching an Indian-based bitcoin exchange this March.
On how he wants to make WazirX the most trusted exchange, Nischal told Inc42, “Transparency! I believe transparency brings in trust. We intend to be transparent about how we build the product, why something’s not working right, what coins to list, what features to build next etc. We want to be vocal about everything we do and involve our community to help us decide the way forward. For far too long, exchanges have been opaque, black boxes leaving crypto traders in the dark, not hearing them out. It’s time to change all that and bring in mass adoption of crypto in India!”
The exchange will also offer WRX, a brand new coin which will be an integral part of the trading platform in the future.
In order to award early adopters, about 15% of the total supply of WRX Coins is being offered free, with a free giveaway target of 150 Mn WRX coins. The post stated, “When you pre signup to WazirX, you’ll get 500 WRX coins. You will also have your own way of spreading the news further and making your family and friends part of the give away through the referral program.”
Explaining the reason behind his decision to launch yet another cryptocurrency exchange, Nischal revealed that he had started with mining in 2009 and then trying out new international bitcoin wallets that popped up in 2012–2013. But it was in 2017 when he was hooked on to Blockchain and decided to build a cryptocurrency exchange for India.
Use this link and get 100WRX
https://wazirx.com/#/invite/3k8q7
