Why is Wazir the second largest crypto exchange in India? - letsdiskuss
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Rohit Valiyan

Cashier ( Kotak Mahindra Bank ) | Posted on | Education


Why is Wazir the second largest crypto exchange in India?


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Student | Posted on


WazirX has now become the largest crypto exchange in India. Nischal Shetty is the CEO of WazirX and he has done a fabulous job in the crypto world only at 36 years of age. In 2021, Wazir has grown 12 times, and very soon it will become India’s first billion-dollar crypto unicorn. The business started from social media with two co-founders named Sameer Mhatre and Siddharth Menon back in 2018. Later, after its rise, it was taken by Binance. Nischal Shetty is an entrepreneur and a coder as well. So, he took help from tech to grow in the crypto world. It’s not that there were no hurdles in between but the trio overcame and handled every problem very smartly. 

 

 

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The name “Wazir” means Queen piece in chess which is the most powerful piece in the game. Presently, Wazir has more than 2 million users with a registration of about $44 billion in volume which marks the growth of the crypto exchange. Also, recently Wazir has attracted the highest investor capital at about $638 by its blockchain products and startups. There are about 55% sign-ups in Tier-II and tier-III cities on Wazir. Not only males but females also started trading on Wazir. Its powerful and quick trading experience makes it different from other crypto exchanges and surely in the upcoming years, it will spread all over India and can be accessed by everyone. People on Wazir find it interesting and easy when it comes to cryptocurrency and the stock exchange. This makes Wazir top in the list and makes it the second-largest crypto exchange company in India.


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