About

WazirX is a cryptocurrency exchange with an advanced trading interface and features to buy, sell & trade cryptocurrencies. It is an exchange with a Live Open Order Book system that allows users to trade 80+ digital assets like Bitcoin, BNB, Bitcoin Cash, Litecoin, Dash & many more. Users can deposit/withdraw cryptocurrencies and also cash in/cash out USDT via Peer-to-Peer (“P2P”) to Indian Rupees (“INR”) with ease and speed, as well as securely store one’s digital assets in the WazirX wallet. WazirX’s aim is to bridge the global fiat-cryptocurrency gap with the world’s first auto-matching P2P engine – WazirX Peer-to-Peer. As of today, WazirX P2P is the go-to method to deposit and withdraw INR in India, and growing steadily. WazirX’s native token, WRX, is the utility token forming the backbone of the WazirX ecosystem. The WRX token is built on Binance chain with future use cases including: trading fee discounts, WRX trade mining (unlock and earn WRX tokens by performing trades), paying for margin fees, and more.

WazirX P2P: With the world’s first auto-matching P2P engine, WazirX P2P is the next generation P2P system that has simplified the process of depositing and withdrawing fiat tremendously. WazirX P2P is the go-to method for depositing and withdrawing INR (fiat) for 1 Billion people of India. After tremendous success in India, WazirX plans to solve the fiat to cryptocurrency conversion problem globally for many more countries.

Smart Token Fund (“STF”): The STF aims to involve enthusiasts who do not have time to tradet and/or do not know which token to trade or how to trade into crypto. It is a simplified community-driven initiative where cryptocurrency enthusiasts can find expert traders to help them grow their cryptocurrency portfolio on WazirX.

Trading Platform: WazirX crypto-to-crypto markets with 80+ cryptocurrencies are available for everyone globally and can be accessed via the Android, iOS, Web, Mac and Windows platforms.

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KEY FEATURES

Enter the key features of the IEO

IEO’s Details

  • GENERAL INFORMATION

  • IEO Platform:

  • IEO Opening Date:

    Feb 3rd, 2020 1:00 am (UTC)

  • IEO Closing Date:

    Feb 4th, 2020 11:00 pm (UTC)

  • Country of Origin:

    India

  • TOKEN DETAILS

  • Symbol:

    WRX

  • Blockchain Type:

    BEP2

  • Role of Token:

    Utility

  • Finance Information

  • Public Sale Hard Cap:

    2 000 000 USD

  • Total Token Supply:

    1 000 000 000 WRX

  • Tokens for Public Sale:

    100 000 000 WRX (10.0000% of total token supply)

  • Public Sale Token Price:

    1 WRX = 0.02 USD

  • Public Sale Vesting Period:

    No lockup

  • Token Distribution

    Within 15 days after end of token sale

  • Accepted Currencies

    BNB

  • Token Sale Format

    Lottery

  • Max Number of Winning Lottery Tickets

    10 000

  • Allocation Per Winning Ticket

    200

  • Private Sale Token Price

    1 WRX = 0.018 USD

  • Private Sale Allocation

    5

  • Private Sale Vesting Period

    1 year cliff; 20% unlocks every 6 months afterwards

  • Legal Information

  • Company Name:

    WazirX

  • Country of Incorporation:

    India

  • Company Address:

    23rd Floor, Opp CIDCO Exhibition Centre, Vashi, Maharashtra 400703, IN

  • KYC:

    Required

Team

  • Nischal Shetty

    Nischal Shetty

    CEO

  • Sameer Mhatre

    Sameer Mhatre

  • Siddharth Menon

    Siddharth Menon

Initial Offering News