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WazirX price

WazirX priceWRX

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Note: This information is for reference only.

Price of WazirX today

The live price of WazirX is $0.06844 per (WRX / USD) today with a current market cap of $26.13M USD. The 24-hour trading volume is $25.47M USD. WRX to USD price is updated in real time. WazirX is -3.78% in the last 24 hours. It has a circulating supply of 381,856,860 .

What is the highest price of WRX?

WRX has an all-time high (ATH) of $5.94, recorded on 2021-04-05.

What is the lowest price of WRX?

WRX has an all-time low (ATL) of $0.05524, recorded on 2020-03-13.
Calculate WazirX profit

WazirX price prediction

When is a good time to buy WRX? Should I buy or sell WRX now?

When deciding whether to buy or sell WRX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget WRX technical analysis can provide you with a reference for trading.
According to the WRX 4h technical analysis, the trading signal is Strong sell.
According to the WRX 1d technical analysis, the trading signal is Sell.
According to the WRX 1w technical analysis, the trading signal is Strong sell.

What will the price of WRX be in 2025?

Based on WRX's historical price performance prediction model, the price of WRX is projected to reach $0.1562 in 2025.

What will the price of WRX be in 2030?

In 2030, the WRX price is expected to change by -5.00%. By the end of 2030, the WRX price is projected to reach $0.2889, with a cumulative ROI of +280.07%.

WazirX price history (USD)

The price of WazirX is -60.67% over the last year. The highest price of in USD in the last year was $0.3930 and the lowest price of in USD in the last year was $0.06220.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-3.78%$0.06220$0.1101
7d-73.02%$0.06220$0.2922
30d-50.15%$0.06220$0.3492
90d-45.66%$0.06220$0.3492
1y-60.67%$0.06220$0.3930
All-time-40.80%$0.05524(2020-03-13, 4 years ago )$5.94(2021-04-05, 3 years ago )

WazirX market information

Market cap
$26,134,989.61
-3.78%
Fully diluted market cap
$65,885,315.98
-3.78%
Volume (24h)
$25,469,601.99
+52.74%
Market rankings
Circulation rate
39.00%
24h volume / market cap
97.45%
Circulating supply
381,856,860 WRX
Total supply / Max supply
962,646,668.99 WRX
-- WRX
ICO price
$0.02000 ICO details
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WazirX ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

About WazirX (WRX)

What Is WazirX?

WazirX is a cryptocurrency exchange platform that has made significant strides in the blockchain and cryptocurrency domain. Launched in March 2018, it began as an initiative focused primarily on the Indian d6e0d137-e462-4e08-878a-db7693391f53, aiming to provide a robust and user-friendly cryptocurrency trading platform. The name "WazirX" is inspired by the "queen" piece in chess, symbolizing its strength and versatility. This platform stands out for its commitment to providing a seamless user experience, transparency in communication, and powerful cryptocurrency trading capabilities. It's not just a trading platform; WazirX has emerged as a key player in bridging the global fiat-cryptocurrency gap, especially in developing and underdeveloped nations facing regulatory uncertainties and banking challenges.

WazirX gained significant traction by launching the world's first auto-matching peer-to-peer (P2P) engine in India, a revolutionary step at a time when the Indian central bank had imposed a ban on banks dealing with cryptocurrencies. This innovation not only sustained the Indian cryptocurrency ecosystem during challenging times but also set a new standard for fiat-cryptocurrency conversion processes.

Resources

Whitepaper: https://download.wazirx.com/wrx/wrx-whitepaper.pdf

Official Website: https://wazirx.com/

How Does WazirX Work?

WazirX's functioning hinges on its innovative P2P engine, which has simplified the process of converting fiat currency to cryptocurrency and vice versa. This system automatically matches buyers and sellers, enabling direct bank transfers between parties. What sets WazirX's P2P system apart is its simplicity, efficiency, and availability 24/7, making it a user-friendly platform for both novices and experienced traders. This system, known as P2P 2.0, is a significant upgrade over traditional P2P systems, which are often cumbersome and not beginner-friendly. The platform's success in India, characterized by its rapid growth and high volume of trades, demonstrates its potential to address the fiat-cryptocurrency conversion challenge globally.

Additionally, WazirX offers a wide range of services beyond its P2P system. It provides a comprehensive cryptocurrency trading platform supporting multiple cryptocurrencies and featuring fiat on-ramp options. This global exchange platform is accessible worldwide, supporting trade in various currencies like USDT, BTC, and INR. WazirX also emphasizes security, employing cold storage for the majority of funds, multi-signature wallets, two-factor authentication for withdrawals, and stringent KYC/AML guidelines. Moreover, the platform is backed by a strong and experienced team, ensuring a seamless and secure trading experience for its users.

What Is WRX Token?

WRX is the native utility token of the WazirX ecosystem. It plays a crucial role in the platform's operations and offers various benefits to its holders. The token is designed to be integral to the WazirX platform, providing users with a range of advantages, including reduced trading fees, participation in token airdrops, and more. WRX has a maximum supply of 1 billion tokens.

Holders of WRX tokens enjoy several benefits on the WazirX platform. These include significant discounts on trading fees when paying with WRX, the opportunity to participate in token airdrops, and the ability to pay for various fees like listing and margin fees using WRX. The platform also offers WRX mining opportunities, allowing users to earn tokens through P2P trades. Furthermore, WRX token holders gain voting power in platform decisions, such as listing new tokens or future feature releases. An innovative aspect of the WRX token is its burning mechanism, where a portion of the tokens is periodically burned based on trading volumes, reducing the overall supply and potentially increasing the token's value over time.

What Determines WazirX’s Price?

The price of WazirX (WRX), like any cryptocurrency, is influenced by a complex interplay of various factors that are characteristic of the dynamic and evolving blockchain and cryptocurrency markets. One of the primary determinants of WazirX's price is market demand and supply. This fundamental economic principle dictates that if the demand for WRX tokens increases, while the supply remains limited, the price is likely to rise. Conversely, if demand decreases, the price may fall. Demand for WRX is often driven by the platform's popularity, the adoption rate of its P2P trading system, and the overall growth of the cryptocurrency market. As WazirX continues to expand its services and user base, especially in emerging markets, this demand is subject to fluctuations based on how successfully it caters to the needs of its users.

Additionally, WazirX's price is affected by broader market trends and sentiments in the cryptocurrency sector. For instance, regulatory announcements, technological advancements in blockchain, market trends in Bitcoin and Ethereum prices, and global economic factors play a significant role in shaping investor sentiment, thereby influencing the price of WRX.

Moreover, the unique features of the WRX token itself, such as its burning mechanism and utility within the WazirX ecosystem, also play a pivotal role in its valuation. Periodic token burns, designed to reduce the total supply of WRX over time, can create scarcity, potentially leading to a price increase. The utility of WRX tokens in reducing trading fees, participating in token airdrops, and voting on platform decisions adds intrinsic value to the token, thereby impacting its market price. Investors and traders closely monitor these aspects when evaluating the potential and performance of WRX in the highly competitive cryptocurrency market.

WazirX Social Data

In the last 24 hours, the social media sentiment score for WazirX was 3, and the social media sentiment towards WazirX price trend was Bullish. The overall WazirX social media score was 13, which ranks 55 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with WazirX being mentioned with a frequency ratio of 0.01%, ranking 156 among all cryptocurrencies.

In the last 24 hours, there were a total of 221 unique users discussing WazirX, with a total of WazirX mentions of 78. However, compared to the previous 24-hour period, the number of unique users increase by 41%, and the total number of mentions has increase by 290%.

On Twitter, there were a total of 1 tweets mentioning WazirX in the last 24 hours. Among them, 0% are bullish on WazirX, 0% are bearish on WazirX, and 100% are neutral on WazirX.

On Reddit, there were 40 posts mentioning WazirX in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 8% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
13(#55)
Social contributors (24h)
221
+41%
Social media mentions (24h)
78(#156)
+290%
Social media dominance (24h)
0.01%
X
X posts (24h)
1
0%
X sentiment (24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score (24h)
12
Reddit posts (24h)
40
+8%
Reddit comments (24h)
0
0%

How to buy WazirX(WRX)

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Buy WazirX (WRX)

Use a variety of payment options to buy WazirX on Bitget. We'll show you how.

Join WRX copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or WRX tokens, you can also start copy trading by following elite traders.

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FAQ

What is the current price of WazirX?

The live price of WazirX is $0.07 per (WRX/USD) with a current market cap of $26,134,989.61 USD. WazirX's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. WazirX's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of WazirX?

Over the last 24 hours, the trading volume of WazirX is $25.47M.

What is the all-time high of WazirX?

The all-time high of WazirX is $5.94. This all-time high is highest price for WazirX since it was launched.

Can I buy WazirX on Bitget?

Yes, WazirX is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in WazirX?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy WazirX with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy WazirX (WRX)?

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Cryptocurrency investments, including buying WazirX online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy WazirX, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your WazirX purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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WRX
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1 WRX = 0.06844 USD
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