How to open and verify WazirX account for Bitcoin/ Cryptocurrency trading in India?

If you want to make money online by trading cryptocurrencies in India, WazirX is the right choice for you as it provides the safest, fastest, smoothest and most reliable trading platform in Bitcoin and Cryptocurrency trading.

How to open and verify WazirX account for Bitcoin/ Cryptocurrency trading in India?

WazirX is the most popular cryptocurrency exchange in India and has become number one due to its user-friendly interface, ease of use, and the availability of a wide range of cryptocurrencies in the INR, USDT, WRX and BTC series. It has its own cryptocurrency token as WRX.

WazirX is owned by Binance, the world's largest cryptocurrency exchange in terms of trading volume, which increases the future aspects of WazirX in India.

WazirX is the most reliable, secure, user-friendly and fastest cryptocurrency exchange platform in India, based on traffic, liquidity, trading volumes and confidence in the legitimacy of trading volumes. It has maximum number of users, its 24 hour trading volume was $ 218 million with 137 coins available for trading.

WazirX offers the fastest and easiest way to trade cryptocurrencies. You can start trading by following a few simple steps such as registering, completing KYC, depositing INR, and placing an order.

How to open a WazirX account?

Creating a WazirX account for Bitcoin / Cryptocurrency trading in India is very simple and it may take less than five minutes to register, a few minutes for KYC verification and 5 minutes for bank account verification. As WozirX is the most trusted platform for cryptocurrency and legal trading in India, verifying your KYC and bank account may take some time if you have not submitted correctly or if you do not stick your ID near your face when taking a selfie. Once you have verified your KYC and bank account, you can start trading online and making money.

Before you start creating your account in WazirX, you need to keep your scanned copy of Aadhar card (both front and back separately) and PAN card ready in your cellphone or laptop, then follow simple steps such as starting to create an account, complete your KYC, deposit funds and you are ready to make your first transaction.

Steps for creating a WazirX account

1. Click here to access the official WazirX website.

2. Click Register and fill in your registration information such as email and set password.

3. Select the Terms and conditions of agreement box, read it carefully and click SIGN UP. You will receive an email to your registered email address for verification.

4. Click on the account activation link in your email.

5. Login now and you are ready for KYC verification.

From now on, you need to use your cell phone for a quick KYC verification

6. Download the WazirX app from Google Play Store: Click on WazirX - Bitcoin, Crypto Trading ExchangeIndia.

Then download the Google Authenticator app and connect it to your WazirX account for 2-factor security.

7. Click your profile tab, then click Full Verification. Select Authenticator App, then enter the number generated in your Authenticator App. (Keep a pencil handy if you cannot remember the numbers generated in the Authenticator app)

8. Complete the KYC by selecting the country, entering the Aadhar card number, attaching the front and back scan of your Aadhar card, enter the PAN card number, then attach the scanned copy, upload a selfie in JPG or PNG. Finally click on submit.

9. Now, to link your account to your nationalized bank account, enter your bank details. WazirX will use this bank account for all your future withdrawals.

Once all the details are verified, you can deposit funds to start trading.

How to deposit and start trading on WazirX

Once your KYC and Bank account verified successfully, you can deposit INR in your WazirX account from your linked bank account to start trading Bitcoin and other cryptocurrencies. You can deposit INR through any of the accepted payment options. However, you can also deposit cryptocurrencies if you have already from other accounts.

To deposit INR, Click on “fund” then click on “INR” then click of “Deposit” then click on “Instant Deposit (UPI only)” (presently IMPS/NEFT, Bank transfer is disabled due to bank partner issue), select UPI, If you have not added your UPI, then fill the details suchs “Alias” and UPI/VPA ID. If you want to deposit a fund through cryptocurrencies, copy the destination address or scan the QR code and deposit the funds.

What is WazirX Spot trading

WazirX provide easiest platform for spot Trading, you just click on the desired exchange such as INR tab in the header, select coin you want to trade, select value on which price you want to buy, set amount and click on buy, when the market meets the requirements of your order, the system executes them automatically.

How to trade WazirX P2P

You can only trade USDT in Peer-to-Peer exchange service. For that you have to first buy USDT in your account. WazirX has unique buyer and seller search software that automatically matches you to the right seller when you place an order as a buyer.

How to trade WazirX STF?

The Smart Token Fund (STF) allows you to hire smart buyer or specialist who manage transaction on behalf of you as you don’t have much knowledge in cryptocurrency trading, he trade for you and in return, you will have to pay them 25% of your total profit.

Is trading on WazirX risk free?

WazirX provides you a cryptocurrency exchange platform and takes all necessary precautions to protect your funds. However, you should be aware that all types of investment are subject to market risk, especially crypto assets, as cryptocurrencies are very volatile.

Summary

WazirX provides user-friendly interface for trading cryptocurrency in India. WazirX is the safest, easy to operate and trusted Indian cryptocurrency exchange owned by the world's largest exchange Binance, allowing you to buy and sell a wide range of cryptocurrencies in INR, USDT , BTC, WZX, etc. It allows more than 68 coins / token in INR while 100+ in USDT. WaziX is the most secure because it is linked to your single bank account and all deposits and withdrawals are handled by KYC verification and transactions controlled by the authentication code.