by Wazirx crypto exchange app review, compiled here. We have many cryptocurrency trading apps globally. Therefore, you might be looking for the best crypto trading app with their features. In this article, we are going to look at Wazirx crypto trading app review. Currently, the wazirx crypto trading app is one of the fast growing apps especially in India. A lot of individuals are using wazirx in cryptocurrency exchanges. This platform has over 15 registered users on their site.
The wazirx crypto exchange app has an average rating of 3.5 stars. Thanks to their wide range of offers in terms of crypto coins. In this article, we will be digging into more other offers and promotions offered by the wazirx crypto app. We will also look at their user interface, customer support, security, trading fees, cryptocurrency available, and more. Hopefully, you will be able to know more about this platform. Without further ado, below is our Wazirx crypto exchange app review.
Table of Contents
Cryptocurrency available
The types of cryptocurrencies in a crypto trading app is a factor that many traders put in consideration. Wazirx crypto exchange has many cryptocurrencies, more than 300 cryptocurrencies and at least 450 cryptocurrency pairs. Some of the popular crypto coins are Bitcoin, Litecoin, Ethereum, Cardano, USD coin, polygon, Dogecoin, uniswap, Polkadot, and solana. The wazirx crypto trading app has more other cryptocurrencies of more than 250+.
The main method of depositing and receiving payments in wazirx is the bank transfer. You can also make deposits using cryptocurrency, and Mobikwik. The payment methods of wazirx are bank transfer, UPI, net banking, and NEFT.
Payment methods
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Trading Fees
This is a very important factor to consider in crypto trading. Many traders prefer friendly fee that will not require them to break the bank. The wazirx trading app has a fee of 0.20 on both takers and makers. Additionally, the withdrawal fee in wazirx will depend on the crypto you are dealing with. The P2P has no transaction fee on the service. Alternatively, the STF section will charge you 25% fee on the profits that you’ll make.
Security
We have serious security measures in the wazirx crypto exchange app. Their comprehensive security measures include conducting regular security audits. Additionally, they use a multi signature wallet system. The wazirx crypto trading also has a two factor authentication which provides another protective layer to its users.
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Wazirx crypto exchange app has a cold storage system to safeguard the customers digital assets from threats. Those security measures by wazirx shows how dedicated the company is in protecting users’ digital assets. The wazirx is determined to maintain a safe wallet ecosystem for both professional and novice traders.
Customer support
Customer support is very important in any crypto trading app. You need reliable customer support for a smooth crypto investment journey. In wazirx, we have several ways of accessing their customer support. You can access their customer support via their live chat. Additionally, the Wazirx team is available in social media platforms such as Facebook, Instagram, and Twitter.
You can also find answers on your issues via their help center articles. In case you won’t find the answers to your queries Via their articles, you can go for support ticket. However, in trustpilot this platform has a customer review of 2.0/5. Some customers have complained about a terrible customer support. Some have complained about a terrible user experience, lost funds, and missing deposits.
Trading experience
The design of this crypto exchange app is appealing to both seasoned and novice traders. The process of depositing is easy, has advanced trading charts, various trading pairs among others. Generally, the trading experience on this platform is wonderful.
The interface is designed to accommodate both newbies and advanced traders. Therefore, if you are seeking your first experience in this crypto trading app, you will find it a user friendly platform. You will find a variety of trading pairs and cryptocurrencies. They also have an efficiency depositing process before getting started in trading. Generally, the trading environment is dynamic to help users develop their trading strategies.
Bonuses and promotions
Wazirx has a referral program for it’s users. Therefore, you and the person you’ve referred will receive a 50% commission each from the trading fee. The referral program motivates the users to refer others into this trading platform.
Supported countries
The headquarters of wazirx crypto exchange app is in Mumbai, India. Therefore, we can expect a good number of traders using this platform are from India. The company is legal in India and supports the Indian rupees. The wazirx crypto app has more than 15 million users. It is now expanding into other countries, you can simply research more to see if it’s available in your country.
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Wazirx Mobile application
The mobile application of wazirx crypto exchange is awesome. Their application has a rating of (at least 4 stars) on both android and iOS. Their app runs smoothly and it’s reliable. In addition to that, their application is easy to navigate. However, some users have complained about the P2P option, also deposit and withdrawal issues.
Pros and cons of wazirx crypto app
Here are the advantages and disadvantages of using wazirx crypto exchange app.
Pros
- Wazirx crypto exchange has wide range of cryptocurrencies available for traders.
- The trading fee is competitive
- A reliable mobile application
- Global audience
- Advanced trading features
- Has a referral program
- Desktop and mobile friends
- The platform is user friendly and easy to use
- It supports the Indian rupees (INR) in trading.
Cons
- The customer support receives mixed reactions from users.
- The educational resources for beginners are limited.
- Wazirx crypto exchange requires kyc verification
Final word
Wazirx crypto exchange is one of the crypto trading platforms that are growing at a high rate. They have great features like a reliable user interface, a variety of trading tools, a wide range of cryptocurrencies, and more. However, the few disadvantages are keeping some users away. Hopefully, they will improve on what some customers have complained about.
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In our review, you have seen how the customer support have been an issue to some users. Maybe they will improve on that after some time. If wazirx crypto exchange is available in your country, you can sign in today and try it out. You might find it interesting for you, we wish you all the best in your trading journey.
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