Namaste Tribe! There’s never a dull day at WazirX. Even though we’ve been working remotely for almost 4 months, our team’s execution speed is unmatchable! 💪
What happened last month
[Done] WRX/INR trading contest: We kicked off June with bang! We hosted a Highest Trader Kaun for WRX/INR and gave away ₹1,00,000 worth WRX to top 20 traders by both number and volume of trades. Read more
[Done] Chromia listing & contest: We listed Chromia in our USDT market. We also gave away ₹3,80,000 worth CHR tokens in Highest Trader Kaun Marathon to top 25 traders by both number and volume of trades. Read more
[Done] ANKR airdrop: As a surprise, we airdropped ANKR tokens worth $12,000 USD among top WRX holders on WazirX. More airdrops coming your way!
[Done] TomoChain listing & contest: We listed TomoChain in our USDT market. We also ran a Highest Trader Kaun Marathon for TOMO/USDT where we gave away ₹4,16,000 worth TOMO to top 25 traders by both number and volume of trades. Read more
[Done] BTT/INR listing: BitTorrent (BTT) has been one of the most traded tokens on WazirX! On popular demand, we have added BTT to our INR market.
[Done] New WazirX blog: We moved from Medium to WordPress in June. Our new blog has industry-leading thoughts, educative articles, news, and contests. It is open knowledge for all.
[Done] Cartesi airdrop: We gave away another airdrop for WRX holders! We distributed $5,000 worth Cartesi (CTSI) tokens among top WRX holders on WazirX as a reward for supporting us.
[Done] BAT/INR listing & contest: We listed BAT in our INR market. We also gave away ₹1,00,000 worth BAT in a Highest Trader Kaun contest to top 20 traders by number and volume. Read more
[Done] 1st Quarter WRX Burn Announcement: June was the month when we announced the first ever WRX burn event here. The burn was completed on 5th July and we burned 833,333 WRX equivalent to $120,000.
[Done] WRX listed on Poloniex: I’m happy to share that WRX is now listed on Poloniex! You can buy, sell WRX in USDT, BTC & TRX markets of Poloniex. Read more
[Done] Elrond listing & contest: We listed Elrond in our USDT market. We also gave away ₹5,06,000 worth ERD to top 25 traders by number and volume of trades. We also had prizes for 10 lucky traders in the contest. Read more
What we’re building
[Ongoing] New tokens: We’ll be listing more tokens on WazirX in the coming weeks. Got any suggestions? Please tweet to us @WazirXIndia
[Ongoing] Liquidity in INR market: We’ll also add more pairs in INR market. Let’s work together to build liquidity in our INR markets.
[Ongoing] Some secret features: We’ll reveal more about it in due time. Stay tuned!
- I went live on a podcast with Ryan Selkis, Founder of Messari.io
- Our community is now 30,000 strong on Twitter!
- I also went live with Outlier Ventures to talk about crypto in India
- FTX, a leading derivatives exchange hosted WRX trading competition and gave away $5,000 worth WRX
- We also partnered with FTX to give away HTC Exodus 1 cryptophone to 2 lucky winners
- I went live on YourStory to talk about crypto basics and increase its adoption.
Something to add
In June, we witnessed another FUD due to a potential crypto-ban news article based on a “note”. I wrote a post about the news, and want to repeat that it’s not clear whether the finance ministry intends to work upon the old draconian crypto bill or bringing a new bill. I also want to add that the Internet and Mobile Association of India (IAMAI) has been working on a code of conduct for cryptocurrency companies in India. The code of conduct lays out a guideline for KYC/AML and other regulatory-related features, and we have a draft version ready. We look forward to working with the government to help them positively regulate crypto.
We also completed 600 days of #IndiaWantsCrypto campaign. It’s a huge milestone in our journey of keeping the crypto fire burning in India. What started as one tweet a day, has now turned into a massive movement! This movement will only get bigger with each person joining. Come join, and let’s fight for crypto in India!
Jai Hind 🇮🇳