Hello guys,
So this morning I received a mail from Binance stating that they finally integrated much-awaited WazirX P2P on their site. Now it was time to test what benefits we gonna get from this hot acquisition.
So first step is to connect WazirX account with Binance account. This step is quite simple, you just have to click 'WazirX Wallet' from 'Wallet' dropdown in the menu like this image below:
Then you will be redirected to WazirX website. Here you will be asked to login with your Binance account. But since you are already logged in with Binance, you just have to click proceed and enter WazirX 2FA authentication code if you set any. That's it. First step is done.
Next step involves sending USDT from Binance to WazirX. Once again, click 'WazirX Wallet' from the menu and you will redirected to a form. You just have to mention the amount of USDT you want to send to WazirX then fill 2FA code if any and finally confirm withdrawal request email confirmation.
Here comes the magic part. You will receive exact USDT as you requested in a fraction of second (almost immediately) in your WazirX account.
So the biggest takeaway from this integration is that now we Indians can sell range of cryptos with high liquidity on Binance and then send the USD to WazirX at zero fees almost immediately where we can finally convert USDT to INR at good rates.