Can WazirX become best Indian crypto exchange?

[itssawai]

WazirX, a brand new Indian crypto exchange has started live trading. The interface and deposit/withdraw are quite fast. Fee structure is not decided yet, it's free until 1st April. They also have their own currency called WZR coin(Not sure though how it will be used)

Can they compete with Zebpay, Koinex and become best exchange of India?

[1715325381]

1715325381

[1715325381]

1715325381

[1715325381]

1715325381

[Suzane007]

WazirX, a brand new Indian crypto exchange has started live trading. The interface and deposit/withdraw are quite fast. Fee structure is not decided yet, it's free until 1st April. They also have their own currency called WZR coin(Not sure though how it will be used)

Can they compete with Zebpay, Koinex and become best exchange of India?

Too early to say this. Many even doubt their transparency.

Anyways I didn't know that the transactions are free until 1st April. As per their mail, it was free till 24 hrs since their launch.

[bitcoinposts]

Launching a cryptocurrency exchange in the Indian environment is very tough job opefully Wazix keep up challgence

[getunion]

It is hard to say, current indian exchange market is very tough, and they have to really keep the customers as well as regulators happy to get some good traction.
It is only time will tell.

[crptomoon1001]

They can definitely capture a good % of Indian market... The opportunity is huge and Zebpay and others havent been able to penetrate inside the country yet.

The future of any exchange will depend on ease of use and the currencies its list.

[bitcoinzen]

people are nt in position to trust or relay on new ex changers the reason is market is still immature and indian regulations are so strict new ones cant keep upto the mark

[SixOfFive]

At this initial stage it is difficult to predict the future of WazirX. It claims to be the best exchange with most no of coins listed on their exchange. Also Launched their own coin WRX and encouraging people to invest in it and the profit earned from brokerage will be distributed among  WRX coin-holders

[3DBrushes]

If they want to become the best crypto exchange in India then they need to add more features on to their exchange like stop losses, margin trading etc. User base will definately increase. Right now there is nothing special about this exchange apart from temprory low fees and fast KYC.

[kishanmadhesiya]

Slow trading on all exchanges in India.
Less people More Exchanges!!!