[WRX] WazirX Speculation

[BuHoBeH]

INTRODUCING WRX!

Just like Bitcoin and other cryptocurrencies today, WRX is a token created by WazirX. There will be a maximum of 1 Billion WRX coins ever created.

WRX, a utility token backed by WazirX, forms the backbone of WazirX ecosystem. We launched WRX tokens to involve our community in helping us build out WazirX, and reward them accordingly for contributing to our success. This helps us stay true to the ethos of cryptocurrency and blockchain - to share the rewards of WazirX's success with our early adopters and supporters.

Read our whitepaper: https://download.wazirx.com/wrx/wrx-whitepaper.pdf

Binance Acquires India’s Leading Digital Asset Platform WazirX to Launch Multiple Fiat-to-Crypto Gateways
https://www.binance.com/en/blog/404105749895733248/Binance-Acquires-Indias-Leading-Digital-Asset-Platform-WazirX-to-Launch-Multiple-FiattoCrypto-Gateways

F.A.Q. WRX Token https://support.wazirx.com/hc/en-us/sections/360000344233

[1715041379]

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[1715041379]

1715041379

[coinporch]

INTRODUCING WRX!

Just like Bitcoin and other cryptocurrencies today, WRX is a token created by WazirX. There will be a maximum of 1 Billion WRX coins ever created.

WRX, a utility token backed by WazirX, forms the backbone of WazirX ecosystem. We launched WRX tokens to involve our community in helping us build out WazirX, and reward them accordingly for contributing to our success. This helps us stay true to the ethos of cryptocurrency and blockchain - to share the rewards of WazirX's success with our early adopters and supporters.

Read our whitepaper: https://download.wazirx.com/wrx/wrx-whitepaper.pdf

Binance Acquires India’s Leading Digital Asset Platform WazirX to Launch Multiple Fiat-to-Crypto Gateways
https://www.binance.com/en/blog/404105749895733248/Binance-Acquires-Indias-Leading-Digital-Asset-Platform-WazirX-to-Launch-Multiple-FiattoCrypto-Gateways

F.A.Q. WRX Token https://support.wazirx.com/hc/en-us/sections/360000344233

thanks for zimple explanations about wazirx my friend
i think if the market continues growing, the price of wazirx could be doubled mate

[chanc3r]

INTRODUCING WRX!

Just like Bitcoin and other cryptocurrencies today, WRX is a token created by WazirX. There will be a maximum of 1 Billion WRX coins ever created.

WRX, a utility token backed by WazirX, forms the backbone of WazirX ecosystem. We launched WRX tokens to involve our community in helping us build out WazirX, and reward them accordingly for contributing to our success. This helps us stay true to the ethos of cryptocurrency and blockchain - to share the rewards of WazirX's success with our early adopters and supporters.

Read our whitepaper: https://download.wazirx.com/wrx/wrx-whitepaper.pdf

Binance Acquires India’s Leading Digital Asset Platform WazirX to Launch Multiple Fiat-to-Crypto Gateways
https://www.binance.com/en/blog/404105749895733248/Binance-Acquires-Indias-Leading-Digital-Asset-Platform-WazirX-to-Launch-Multiple-FiattoCrypto-Gateways

F.A.Q. WRX Token https://support.wazirx.com/hc/en-us/sections/360000344233

thanks for zimple explanations about wazirx my friend
i think if the market continues growing, the price of wazirx could be doubled mate

It should not only double but it may even triple or even more. Wazir operated in india and we know that india has a lot of potentials to bring massive demand to the crypto. Wazir has a big chance to be the next major exchange site for cryptocurrency.

[slaman29]

Holy shit so Binance acquired Wazir I had no idea. So now when I use WazirX I am basically using BNB in a long roundabout way.

Happy with Binance services if I'm honest but really not happy at the monopolization that seems to be taking place. Not going to ever advice people to go big on either token. Supermarket loyalty points remember.

[TeQuiero]

Holy shit so Binance acquired Wazir I had no idea. So now when I use WazirX I am basically using BNB in a long roundabout way.

With a domestic population of 1.3 billion, WazirX would be a potential competitor of Binance if it wasn't be accquired. That said, WRX is always a shadow of BNB and hence I don't find any meaning of this thread.

Happy with Binance services if I'm honest but really not happy at the monopolization that seems to be taking place. Not going to ever advice people to go big on either token.

I also started to be scared of Binance's power and influence. First, they bought Coinmarketcap, then helped Justin Sun to buy Steemit. Now this WazirX acquisition. Binance is proving that it's superior than the rest. The cryptocurrency market needs a same sized company to maintain motivation and fairness. It's similar to ARM vs x86 (x64), AMD vs Intel, Samsung vs Apple... I was expecting too much on the Japanese unicorn Liquid but their progression was really slow. Now my aattention turns to Bithumb, a Korean exchange. Huobi is also a good candidate but it's just another Chinese company.

[cepot9]

Useful information, it looks like WazirX will start reaching new peaks or new achievements because they have worked with the Cartesi blockchain game project. Right on June 01 tomorrow the event will start. I'm sure it will be as crowded as the Cartesi event at Binance 

[jrrsparkles]

This is not really a recent news, which happened months ago and there is also a little hype created but not much as expected so there is only a small bump.I don't think it will be a potential coin like BNB but still a good investment for midterm.

[someone703]

INTRODUCING WRX!

Just like Bitcoin and other cryptocurrencies today, WRX is a token created by WazirX. There will be a maximum of 1 Billion WRX coins ever created.

WRX, a utility token backed by WazirX, forms the backbone of WazirX ecosystem. We launched WRX tokens to involve our community in helping us build out WazirX, and reward them accordingly for contributing to our success. This helps us stay true to the ethos of cryptocurrency and blockchain - to share the rewards of WazirX's success with our early adopters and supporters.

Read our whitepaper: https://download.wazirx.com/wrx/wrx-whitepaper.pdf

Binance Acquires India’s Leading Digital Asset Platform WazirX to Launch Multiple Fiat-to-Crypto Gateways
https://www.binance.com/en/blog/404105749895733248/Binance-Acquires-Indias-Leading-Digital-Asset-Platform-WazirX-to-Launch-Multiple-FiattoCrypto-Gateways

F.A.Q. WRX Token https://support.wazirx.com/hc/en-us/sections/360000344233

No need to do too much analysis with this project. Obviously they are a good project and very potential, when the bull market runs, I believe its price will increase at least 3-5 times compared to the present. In addition, the projects invested by Binance have very good hype so invest in it if possible

[justdimin]

I am seeing lots of people these days talking about WRX but its price is doing simply against the prices of BTC. Not sure, what it will do when BTC will break the super resistance level around $10k and will be having a new ATH. I have already started watching it.

I don't think it will be a potential coin like BNB but still a good investment for midterm.

That sound like too early speculation. Probably you not count the population of India and possible customers from India to wazirx. Also, I guess wazirx may serve international traders for crypto-only trading. By considering the potential of wazirx it may copy bnb at least in 20% of growth as bnb is having 2 real world applications (one is for gas for tokens and another one is for discount in fees) whereas wrx may serve people only for enjoying 50% discount in trading fees.

[ScamViruS]

The news you gave is old news. Everyone knows this news. WRX is an Indian project and this project has created a hype among traders. The main reason is that Binance has invested in this project. And we saw after the listing, how the pumps and dumps were. Yes the project has potential, crypto is spreading rapidly in India. And WRX can benefit from it. But now I don't know how right it would be to expect anything in this situation. Let's see how WRX behaves in the future market.

[ene1980]

Holy shit so Binance acquired Wazir I had no idea. So now when I use WazirX I am basically using BNB in a long roundabout way.

With a domestic population of 1.3 billion, WazirX would be a potential competitor of Binance if it wasn't be accquired. That said, WRX is always a shadow of BNB and hence I don't find any meaning of this thread.

You stated the answer below, since another exchange is acquired by binance and they have an utility token and with the money power they have who knows whether they will not manipulate the coin and will pump the price  .

I also started to be scared of Binance's power and influence. First, they bought Coinmarketcap, then helped Justin Sun to buy Steemit. Now this WazirX acquisition. Binance is proving that it's superior than the rest. The cryptocurrency market needs a same sized company to maintain motivation and fairness. It's similar to ARM vs x86 (x64), AMD vs Intel, Samsung vs Apple...

Binance is having a hold of the cryptocurrency market and diversifying on different markets and they might purchase some media sites in the future to market their tokens as well, who knows how well this will go but they are aggressive in these acquisitions.

[BuHoBeH]

I think that Binance knows what it’s doing and it’s not for nothing that I bought them.

[jrrsparkles]

I am seeing lots of people these days talking about WRX but its price is doing simply against the prices of BTC. Not sure, what it will do when BTC will break the super resistance level around $10k and will be having a new ATH. I have already started watching it.

I don't think it will be a potential coin like BNB but still a good investment for midterm.

That sound like too early speculation. Probably you not count the population of India and possible customers from India to wazirx. Also, I guess wazirx may serve international traders for crypto-only trading. By considering the potential of wazirx it may copy bnb at least in 20% of growth as bnb is having 2 real world applications (one is for gas for tokens and another one is for discount in fees) whereas wrx may serve people only for enjoying 50% discount in trading fees.

Even if the population of India is too huge, their crypto community is very very less and there maybe some people holding coins like bitcoin in millions to hide their wealth from paying taxes to governments but coin like bnb or WRX are mainly usable for traders so they have very less to grow a coin like BNB.

[beveryu778]

WazirX is good exchange and it has maintained a good reputation and that's why they had come up with a wazirx coin. It would seem good to make investments. As well Binance has done a collaboration with wazirx and now they both work together. If Binance had collaborating with wazirx means they high potential in their further growth. That is why it would be great opportunity for us to go with wazirx.

[jrrsparkles]

WazirX is good exchange and it has maintained a good reputation and that's why they had come up with a wazirx coin. It would seem good to make investments. As well Binance has done a collaboration with wazirx and now they both work together. If Binance had collaborating with wazirx means they high potential in their further growth. That is why it would be great opportunity for us to go with wazirx.

AFAIK, Binance completely acquired Wazirx exchange still they are not getting enough attention as we thing because the reason is people choose the binance over their other exchange.

[BuHoBeH]

New blog: http://blog.wazirx.com

It has industry-leading thoughts, educative articles, news, and contests!

[BuHoBeH]

Another airdrop on the way for $WRX holders ⚡️
We'll be distributing $5,000 worth $CTSI tokens among top 500 $WRX holders on WazirX on Tuesday, 23rd June 2020.

[joseyphil82]

I'm positive about WRX, it's the biggest exchange from India and that country has large population, I know wazirx accepts users from all part of the world but the token will easily doubled in value soon, if the market development continues the token will become big

[Ochakemaput]

Another airdrop on the way for $WRX holders ⚡️
We'll be distributing $5,000 worth $CTSI tokens among top 500 $WRX holders on WazirX on Tuesday, 23rd June 2020.

this is what some exchanges must do if they want to develop and get their markets to become stronger. WRX is doing well, maximizing projects that work together and are listed on their exchanges to increase their trade. this is a good strategy, maybe wazirx will be a binance companion.

[BuHoBeH]

https://blog.wazirx.com/1st-quarter-wrx-burn-event/