Month in Review – December 2020

By January 5, 2021No Comments
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Namaste Tribe! 2021 is off to a fabulous start and the bulls have taken over. Let’s hope the rest of the year is as exciting as its beginning. 🚀

What happened last month

[Done] 3 new INR pairs: Last month, we added three tokens to our INR (fiat) market! You can now buy, sell, trade ZEC, BUSD, and DASH in our INR market. Deposit INR instantly on WazirX, and start trading your favourite pairs!

[Done] WRX/INR trading contest: We kicked off the last month of 2020 with a trading competition for WRX/INR. It was a 36-hour long trading marathon where we gave away ₹2,00,000 worth WRX among top 100 traders.

[Done] FRONT/USDT listing & giveaway: We listed Frontier (FRONT) on WazirX, and gave away $18,000 worth FRONT via a host of activities like AMA with Frontier CMO, Highest Trader Kaun, Quiz Time with WazirX, FRONT Trivia contest on Instagram, and FRONT airdrop worth $5,000 to top WRX holders! Read more

[Done] GXS/USDT listing & giveaway: We listed GXChain (GXS) on WazirX, and gave away $6,350 worth GXS via a host of activities like Highest Trader Kaun, Quiz Time with WazirX, and GXS Trivia contest on Instagram! Read more

[Done] MTL/USDT listing & giveaway: We listed Metal (MTL) on WazirX, and gave away $15,000 worth MTL via a host of activities like AMA with Metal CEO, Highest Trader Kaun, Quiz Time with WazirX, and MTL Trivia contest on Instagram! Read more

[Done] WazirX Trading Fest: We decided to end 2020 with a bash and celebrated WazirX Trading Fest from 29th December – 31st December 2020. During #WazirXTradingFest, users were able to trade BTC, ETH, WRX and 20+ tokens for ZERO fee in our INR market – the market with the highest liquidity in India!

[Done] 4 new WRX pairs: In December, we also added four new token listings in our WRX market. You can now buy, sell, trade XRP, YFI, BNB, and TRX in our WRX market for ZERO fee. Happy trading!

[Done] 2 new USDT pairs: In December, we also added two new token listings in our USDT market. You can now buy, sell, trade NBS, and GLM in our USDT market. Happy trading!

What we’re building

[Ongoing] AMM Protocol: There have been unforeseen delays in some of the protocols that our DEX is dependent upon. This is preventing us from going live. At this moment, we don’t have an ETA on how long this will take. Be assured that we’re working very hard with the protocol team to expedite the process.

[Ongoing] New tokens: We’ll be listing more tokens on WazirX in the coming weeks. Got any suggestions? Please tweet to us @WazirXIndia

[Ongoing] Faster KYC: We have been seeing a sudden and huge surge in new signups on WazirX. We are working hard to ensure KYC approval is expedited.

Some highlights

  1. Check out this short video which sums up what 2020 was all about for the world and for crypto!
  1. WazirX organised a crypto panel at India’s Largest FinTech Event. The panelists included Charles D’Haussy – Director for ConsenSys, Tanvi Ratna – CEO of Policy 4.0, and Sidharth Sogani – founder of CREBACO global, and me.
  1. WazirX mentioned as one of the best Bitcoin trading apps in India 💪

Something to add

2020 was an important year in the history of Bitcoin due to three important factors – pandemic, Bitcoin halving, and institutional participation. But we’re just getting started, and more players will join in soon. 2021 is a crucial year for crypto in India and around the world. Wish you all a crypto filled new year, tribe!

Jai Hind 🇮🇳

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