Last update: Jun 6, 2022

How to Buy WazirX (WRX)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy WazirX. Depending on where you live, you’ll have various cryptocurrency trading platforms to choose from.

In this guide, we not only cover the top 3 global cryptocurrency trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Wazirx

How to Buy WazirX – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have WazirX of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger trading platforms.

4. Buy WazirX

Now that you have what you need to buy WazirX, head over to the market or buy section of the crypto trading platform and buy some WRX.

If the crypto exchange doesn’t have any WazirX on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has WazirX first), and trade your Ethereum for WazirX.

Where to Buy WazirX (WRX)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell WazirX

  1. Sign into the crypto trading platform where you bought WazirX.
  2. Move your WazirX to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell WazirX.

 

Crypto trading

How to Buy WazirX (WRX) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy WazirX in Australia, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy WazirX if it’s available. If the exchange doesn’t have WazirX. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has WazirX), and trade your ETH for WazirX.

Alternatively, if you want to know more about which exchanges we like, check our list of the safest crypto exchanges in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy WazirX (WRX) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy WazirX in Canada, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy WazirX if it’s available. If the exchange doesn’t have WazirX. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has WazirX), and trade your ETH for WazirX.

You can also take a look at our analysis of the best bitcoin exchanges in Canada for those curious to know more about which exchanges we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy WazirX (WRX) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy WazirX in the UK, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy WazirX if it’s available. If the exchange doesn’t have WazirX. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has WazirX), and trade your ETH for WazirX.

Or, if you’d like to know more about which exchanges we prefer, read our comparison of the cryptocurrency trading platforms in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying WazirX? WRX Rundown

WazirX was launched in 2018 and claims to be India’s fastest growing cryptocurrency exchange. It has over 400,000 users and an average app rating 4.6. WazirX is part of the Binance ecosystem. Binance and WazirX have created a $50 million USD fund called 'Blockchain for India'. The exchange is open to all, with key features including:

  • Instant INR (fiat), deposit and withdrawal options
  • Smart Token Fund helps crypto investors to find skilled traders and allow them to manage their cryptocurrency portfolio
  • The first P2P auto-matching engine with high liquidity
  • 80+ tokens
  • Login using Binance

WazirX's utility token is WRX. The Binance blockchain is the basis of the WRX token. The total supply of the token is 1 billion. Token holders will receive various benefits such as trading fees discounts, WRX Trade Mining, token Airdrop, margin Fee, and margin fee. WRX and WRX will be backed by Indian entrepreneurs who have more than 10 years experience in scaling global products from India. Binance also purchased WazirX in November 2019. WazirX's goal is to make crypto available to all Indians.

 

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.