I see WRX as an exchange that CZ acquired in 2019 and it is clearly CZ's property. I think that the recent price increases of CZ's cryptocurrencies such as ALICE, CAKE, XVS, BUGGER, BNB ... all increase in price almost at the same time. I suspect cryptocurrencies are priced up by their owners.
WRX exchange exists in the Indian market and it has not had the same effect as Binance global so its recent price increase has been unusual.
I didn't knew that WazirX was owned by Binance/Changpeng Zhao. WazirX was originally founded by a bunch of Indian IT engineers (Nischal Shetty, Sameer Mhatre and Siddharth Menon). Anyway, this means that in case the Indian authorities try to ban cryptocurrency, then they can just move their operations to some foreign country with the help of Binance. Anyway, despite the talks of a possible ban the trade volumes seems to be going up like crazy.
WRX is the property of Binance and if you keep an eye on it, you will see in the Binance Exchange mobile app there is an Add Account section. Inside you can add your own accounts like BinanceTR (which helps with Turkish Libra trading), WazirX and JEX (futures and options exchanges).
