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What is the relationship between WazirX and Binance in the Indian cryptocurrency market?

avatarReason for GiftDec 25, 2021 · 3 years ago1 answers

Can you explain the connection between WazirX and Binance in the Indian cryptocurrency market? How do they collaborate and what benefits does it bring to the users?

What is the relationship between WazirX and Binance in the Indian cryptocurrency market?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    WazirX, a leading Indian cryptocurrency exchange, is closely associated with Binance, the world's largest cryptocurrency exchange. WazirX was acquired by Binance in 2019, which opened up new opportunities for both platforms. As part of the acquisition, WazirX integrated with Binance's infrastructure, enabling users to seamlessly transfer funds between the two exchanges. This integration has allowed Indian users to access Binance's extensive range of trading options while benefiting from WazirX's localized services. The collaboration between WazirX and Binance has played a crucial role in expanding the Indian cryptocurrency market and providing users with a secure and reliable trading experience.