What do you think are the problems at wazirx?

Namaste Tribe! When you need to move Cryptocurrency from your WazirX wallet to another wallet/exchange, you need to go through the process of Withdrawingcryptocurrency from your WazirX account. The first step here is to get the Deposit address from the receiving wallet/exchange that you want to deposit the cryptocurrency to. The steps involved to get yourDeposit address depend on the wallet/exchange you want to deposit to. Once you have yourdeposit address ready with you, follow the below steps in yourWazirXaccount - • Click on Funds at the top right of your screen • Select the coin you want to Withdraw • Click on the Withdraw button • Type or paste the Destination Address.Cross check the destination address carefully. • Enter Coin amount you want to move. (Pro Tip: Click on Withdraw All if you want to move the full coin balance from your wallet) • Add any Remarks for your own reference. (The remark will only be seen in your WazirXaccount and not your receiving account) • Click on Proceed. You will be sent a One Time Password (OTP) on your mobile • Enter your OTP & Click on confirm. • Open your email & click on Approve this withdrawal button in the confirmation email you receive. Note: If you are withdrawing XRP, XLM, EOS, you will be asked to enter your Destination address as well as Destination Tag or Memo. You must get these from the receiving exchange/wallet to which you are sending the XRP, XLM, EOS and add it to the withdrawal form on WazirX.Read more - • On the Home...

Ever since the Supreme Court lifted the ban on cryptocurrencies in March 2020, the crypto industry has bloomed in India. Cryptocurrencies have proven to be a highly profitable, albeit a highly volatile form of investment for Indian investors. Investing in crypto has been made easier through crypto exchanges such as WazirX, Zebpay, Coinswitch and a multitude of exchanges that have sprung up. WazirX has by far the largest share of customers, as per their website. WazirX has recently enabled payments through the Mobikwik app, however, users have been facing issues. Read on to know more about the WazirX Mobikwik payment issues. WazirX Mobikwik Issue After WazirX removed the option to deposit money through UPI and IMPS due to their issues with banks, WazirX recently added the option to deposit funds using the mobile App Mobikwik. Mobikwik is an online payments platform that can be used as an online wallet similar to Gpay and Paytm and also has the UPI facility available. However, many people have been facing issues trying to deposit money into the WazirX app, using Mobikwik. WazirX users have taken to Twitter to complain about the issue, with many people mentioning that their funds are being deducted from the Mobikwik wallet but are not being reflected in the app. You can take a look at some of these tweets down below. However, WazirX is already looking into the issue and has replied to customers on Twitter that they working on fixing the payment platform issues. Successful UPI...

To Start receiving timely alerts please follow the below steps: • Click on the Menu icon of the browser, it opens up a list of options. • Click on the “Options ”, it opens up the settings page, • Here click on the “Privacy & Security” options listed on the left hand side of the page. • Scroll down the page to the “Permission” section . • Here click on the “Settings” tab of the Notification option. • A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification. • Once the changes is done, click on the “Save Changes” option to save the changes. WazirX is currently the biggest cryptocurrency exchange platform in India. Despite being the number one, no one wants to take accountability for what's happening and who actually owns and operates WazirX in India. WazirX recently came under ED's (Enforcement Directorate) radar and it even froze the accounts of WazirX. What Is Happening To WazirX? It currently looks like nobody wants to take responsibility for what's happening to Although Binance wrote a blog back in 2019 stating it acquired WazirX, it is now claiming that the transaction was never completed. According to Zhao, Binance only provides wallet services to WazirX and it also has a shared control of AWS and the WazirX domain was transferred to Binance. He also says that it (Binance) could shut down WazirX but they won't as it will hurt the users. He also claims that Binance does not have control ...

Namaste Tribe! WazirX P2P helps you Buy and Sell USDT for Fiat directly with other Buyers & Sellers. It's 24x7, safe and absolutely legal! 2 simple things you can do with WazirX P2P - • Cash In - If you want to bring Fiat to trade cryptos, Buy USDT via P2P and then use that USDT to buy other cryptos on WazirX! • Cash Out - The most efficient way to sell your crypto is in the INR market. You can sell your crypto in the INR market and then withdraw the INR directly to your linked bank account. The minimum amount of withdrawal is INR 1000. P2P can also be used to liquidate your crypto investment. For this, you will have to first sell your crypto for USDT and then sell that USDT for INR via P2P. Broadly, here's how WazirX P2P works - • WazirX matches the person looking to buy USDT for Fiat with someone who’s looking to sell USDT for Fiat • WazirX escrows the USDT for safekeeping during the transaction • Buyer transfers Fiat to the seller's bank account via IMPS/UPI • Seller confirms payment and WazirX releases the USDT to the buyer Why does WazirX P2P only have USDT? To keep it simple and ensure very high liquidity. USDT is a stable coin.Which means it's a cryptocurrency holding stable value and the price fluctuation is extremely narrow. It is also 100% backed by the USDheld in reserves in a 1:1 ratio.1 USDT is always equivalent to $1. It almost feels like you're trading in Fiat. So whenever you want to sell any crypto: Convert your crypto to USDT and then sell the USDT for Fi...

India’s largest cryptocurrency platform has been in the news all of this week after the Enforcement Directorete revealed that it conducted searches on one of the directors of Zanmai Labs, which owns WazirX, and issued an order to freeze bank balances totalling Rs 64.67 crore. WazirX is being investigated for money laundering. NEW DELHI: India’s largest cryptocurrency platform has been in the news all of this week after the Enforcement Directorete revealed that it conducted searches on one of the directors of Zanmai Labs, which owns WazirX, and issued an order to freeze bank balances totalling Rs 64.67 crore. WazirX is being investigated for money laundering. What is this probe about? The investigation is part of ED digging into money laundering allegations against several non-banking finance companies and their fintech partners that have also been charged with predatory lending practices through loan apps. The companies use tele-callers who misuse personal data and extort high interest rates from borrowers. The fintech companies backed by Chinese funds could not get NBFC licenses from RBI to lend money and instead signed memorandum of understanding ( MOUs) with defunct NBFCs to use their license. After the criminal investigation began, many of these fintech apps shut shop and diverted profits using the above modus operandi. While doing the fund trail investigation, ED found that large amount of funds were diverted by the fintech companies to purchase The Modus Operandi The...

Ever since the Supreme Court lifted the ban on cryptocurrencies in March 2020, the crypto industry has bloomed in India. Cryptocurrencies have proven to be a highly profitable, albeit a highly volatile form of investment for Indian investors. Investing in crypto has been made easier through crypto exchanges such as WazirX, Zebpay, Coinswitch and a multitude of exchanges that have sprung up. WazirX has by far the largest share of customers, as per their website. WazirX has recently enabled payments through the Mobikwik app, however, users have been facing issues. Read on to know more about the WazirX Mobikwik payment issues. WazirX Mobikwik Issue After WazirX removed the option to deposit money through UPI and IMPS due to their issues with banks, WazirX recently added the option to deposit funds using the mobile App Mobikwik. Mobikwik is an online payments platform that can be used as an online wallet similar to Gpay and Paytm and also has the UPI facility available. However, many people have been facing issues trying to deposit money into the WazirX app, using Mobikwik. WazirX users have taken to Twitter to complain about the issue, with many people mentioning that their funds are being deducted from the Mobikwik wallet but are not being reflected in the app. You can take a look at some of these tweets down below. However, WazirX is already looking into the issue and has replied to customers on Twitter that they working on fixing the payment platform issues. Successful UPI...

Namaste Tribe! When you need to move Cryptocurrency from your WazirX wallet to another wallet/exchange, you need to go through the process of Withdrawingcryptocurrency from your WazirX account. The first step here is to get the Deposit address from the receiving wallet/exchange that you want to deposit the cryptocurrency to. The steps involved to get yourDeposit address depend on the wallet/exchange you want to deposit to. Once you have yourdeposit address ready with you, follow the below steps in yourWazirXaccount - • Click on Funds at the top right of your screen • Select the coin you want to Withdraw • Click on the Withdraw button • Type or paste the Destination Address.Cross check the destination address carefully. • Enter Coin amount you want to move. (Pro Tip: Click on Withdraw All if you want to move the full coin balance from your wallet) • Add any Remarks for your own reference. (The remark will only be seen in your WazirXaccount and not your receiving account) • Click on Proceed. You will be sent a One Time Password (OTP) on your mobile • Enter your OTP & Click on confirm. • Open your email & click on Approve this withdrawal button in the confirmation email you receive. Note: If you are withdrawing XRP, XLM, EOS, you will be asked to enter your Destination address as well as Destination Tag or Memo. You must get these from the receiving exchange/wallet to which you are sending the XRP, XLM, EOS and add it to the withdrawal form on WazirX.Read more - • On the Home...

India’s largest cryptocurrency platform has been in the news all of this week after the Enforcement Directorete revealed that it conducted searches on one of the directors of Zanmai Labs, which owns WazirX, and issued an order to freeze bank balances totalling Rs 64.67 crore. WazirX is being investigated for money laundering. NEW DELHI: India’s largest cryptocurrency platform has been in the news all of this week after the Enforcement Directorete revealed that it conducted searches on one of the directors of Zanmai Labs, which owns WazirX, and issued an order to freeze bank balances totalling Rs 64.67 crore. WazirX is being investigated for money laundering. What is this probe about? The investigation is part of ED digging into money laundering allegations against several non-banking finance companies and their fintech partners that have also been charged with predatory lending practices through loan apps. The companies use tele-callers who misuse personal data and extort high interest rates from borrowers. The fintech companies backed by Chinese funds could not get NBFC licenses from RBI to lend money and instead signed memorandum of understanding ( MOUs) with defunct NBFCs to use their license. After the criminal investigation began, many of these fintech apps shut shop and diverted profits using the above modus operandi. While doing the fund trail investigation, ED found that large amount of funds were diverted by the fintech companies to purchase The Modus Operandi The...

To Start receiving timely alerts please follow the below steps: • Click on the Menu icon of the browser, it opens up a list of options. • Click on the “Options ”, it opens up the settings page, • Here click on the “Privacy & Security” options listed on the left hand side of the page. • Scroll down the page to the “Permission” section . • Here click on the “Settings” tab of the Notification option. • A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification. • Once the changes is done, click on the “Save Changes” option to save the changes. WazirX is currently the biggest cryptocurrency exchange platform in India. Despite being the number one, no one wants to take accountability for what's happening and who actually owns and operates WazirX in India. WazirX recently came under ED's (Enforcement Directorate) radar and it even froze the accounts of WazirX. What Is Happening To WazirX? It currently looks like nobody wants to take responsibility for what's happening to Although Binance wrote a blog back in 2019 stating it acquired WazirX, it is now claiming that the transaction was never completed. According to Zhao, Binance only provides wallet services to WazirX and it also has a shared control of AWS and the WazirX domain was transferred to Binance. He also says that it (Binance) could shut down WazirX but they won't as it will hurt the users. He also claims that Binance does not have control ...

Namaste Tribe! WazirX P2P helps you Buy and Sell USDT for Fiat directly with other Buyers & Sellers. It's 24x7, safe and absolutely legal! 2 simple things you can do with WazirX P2P - • Cash In - If you want to bring Fiat to trade cryptos, Buy USDT via P2P and then use that USDT to buy other cryptos on WazirX! • Cash Out - The most efficient way to sell your crypto is in the INR market. You can sell your crypto in the INR market and then withdraw the INR directly to your linked bank account. The minimum amount of withdrawal is INR 1000. P2P can also be used to liquidate your crypto investment. For this, you will have to first sell your crypto for USDT and then sell that USDT for INR via P2P. Broadly, here's how WazirX P2P works - • WazirX matches the person looking to buy USDT for Fiat with someone who’s looking to sell USDT for Fiat • WazirX escrows the USDT for safekeeping during the transaction • Buyer transfers Fiat to the seller's bank account via IMPS/UPI • Seller confirms payment and WazirX releases the USDT to the buyer Why does WazirX P2P only have USDT? To keep it simple and ensure very high liquidity. USDT is a stable coin.Which means it's a cryptocurrency holding stable value and the price fluctuation is extremely narrow. It is also 100% backed by the USDheld in reserves in a 1:1 ratio.1 USDT is always equivalent to $1. It almost feels like you're trading in Fiat. So whenever you want to sell any crypto: Convert your crypto to USDT and then sell the USDT for Fi...