Leading Indian crypto exchange, WazirX has now had its native token WRX listed on premier decentralized trading platform Binance DEX. The WRX token was listed on Binance DEX on Thursday, and the announcement came via a tweet from WazirX.
— WazirX (@WazirXIndia) April 16, 2020
The Indian crypto scene might just be on the verge of a comprehensive breakthrough, especially after the Supreme Court set aside the RBI circular that banned banking services for crypto businesses in the country. However, WazirX seems to have another major advantage of going in its favor. The exchange was acquired by Binance in November 2019, and since then, there has been a steady integration between the two networks.
Post-acquisition, WazirX token, was launched on the Binance Exchange in February this year for trading in pairs with BNB, BTC, and USDT, and since then, there has been continuous progress. In the same month, Binance also announced a deep integration with WazirX’s P2P trading platform, which is expected to “open up the door for millions of Binance users to use WazirX P2P.”
With the road in India now becoming clearer for the crypto in terms of government regulations, the community now needs to focus on the next big thing, and that’s global expansion. With WazirX opening up for trade to a global user base, the future looks promising for the India crypto industry.