Can You Buy Bitcoin Without Fees?
WazirX Blog
by Harshita Shrivastava
1y ago
Bitcoin is considered one of the most renowned and purchased cryptocurrencies because it was the first crypto launched, and it has dominated the industry ever since. Despite a recent downward curve in value, it still holds the top spot in terms of value and market capitalization. Most likely, you must pay a fee to middlemen who process transactions to purchase Bitcoin. However, there is a well-kept secret that the middlemen don’t wish crypto users to know about: how to purchase Bitcoin for little to no fees. Worry not; in this blog, you’ll get an answer to your query. So let’s start walking ..read more
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Is Merge Good For Investors? Or Should They Be Concerned?
WazirX Blog
by Shashank
1y ago
The long-awaited integration of Ethereum, the most prominent altcoin and second-largest crypto by volume is finally going to be completed. After dominating the smart contract blockchain market for many years, ethereum will switch to a less energy-intensive technology as a result of the network upgrade. The Ethereum foundation has been calling the upcoming improvements “Ethereum Merge” for months, even if you may have previously heard of them as Ethereum 2.0 or Eth2. Industry experts have been keenly monitoring each development leading up to the upgrade because they believe it might substanti ..read more
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The Sandbox Alpha S3 Passes Are Waiting! Where Are You?
WazirX Blog
by Naman Sarawgi
1y ago
Namaste Tribe! If you are a Play-to-Earn (P2E) enthusiast and have experienced the magic of The Sandbox Season 1 & 2, you must be excited for Season 3. The Sandbox has revolutionized the P2E gaming experience this time, where 90+ experiences will be disclosed over ten weeks. You will be kept on the edge of your seat with solo and multiplayer experiences. This time, it’s going to be HUGE! And we have something exciting for you – We have partnered with our friends at The Sandbox to give away free Alpha Passes to you! So all you have to do is play the quiz, trade SAND, earn your FREE Alpha ..read more
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What does ‘dead cat bounce’ mean?
WazirX Blog
by Anshika Nema
1y ago
Even though it is notoriously known for being highly volatile, the crypto market has garnered enormous attention from millions of traders. Recognizing patterns and making sense of market movements are a few of the major skills required to be a seasoned trader. Finding distinct patterns in the market movements aids traders and investors in choosing their next move. In addition, these patterns provide the foundation for the functioning of short-term investors. A common phenomenon identified by investors is the dead cat bounce pattern. The pattern has a straightforward explanation that makes it ..read more
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What Is A Multisig Wallet?
WazirX Blog
by Harshita Shrivastava
1y ago
For crypto owners, security has always been a critical issue. Safety regulations and the reliability of cryptocurrency wallets are frequently raised issues, as they pose serious risks to the money that might be altered with or stolen by hackers. A multi-signature wallet is one of the ways to stop such loss. This article contains the basics of multisig wallets and their pros and cons. What is a multisig wallet? A cryptocurrency wallet known as a MultiSig wallet (Multi-Signature wallet) involves the usage of two or more private keys to sign and approve transactions. Here, a group signature on ..read more
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Month in Review – August 2022
WazirX Blog
by Nischal Shetty
1y ago
Namaste Tribe! Here’s a monthly report of what happened at WazirX in August. What happened last month? [Done] 1 new market pair: We added 1 token to our USDT market last month! You can now buy, sell, and trade LDO on WazirX. Start trading your favorite pairs here! What are we building? [Ongoing] AMM Protocol: There have been unforeseen delays in some of the protocols that our DEX is dependent upon. This is preventing us from going live. At this moment, we don’t have an ETA on how long this will take. Be assured that we’re working very hard with the protocol team to expedite the process. [Ong ..read more
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What Is Network Effect in Crypto?
WazirX Blog
by Harshita Shrivastava
1y ago
A network effect occurs for any product when more people utilize it and ultimately increase its value. Do you remember Orkut? Since a few people were using it, it had to be shut down. But why? Well, significantly fewer people were accessing it. Yes, there are other elements in play, but because there were so few consumers, the service didn’t offer anything. When it comes to Crypto, network effects are considered highly crucial. People are organized ultimately by money and blockchain, so it’s true that the more people deploy on the network, the better utility will be provided as a service. In ..read more
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What Is Yield Guild Games (YGG)?
WazirX Blog
by Harshita Shrivastava
1y ago
One of the significant trends involving blockchain technology is play-to-earn gaming. Games are bringing in players and investors as they release their native tokens and Non-Fungible Tokens (NFTs). With the development of gaming guilds, this practice is intensifying. The whole community, investors, and gamers can all benefit from these guilds. The are various benefits of joining a guild. There are several guilds in the gaming industry, Yield Guild Games (YGG) being only one of them. With YGG, you can fully benefit from the play-to-earn trend’s advances, which are quite intriguing to many cry ..read more
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Update on ED Investigation: WazirX Continues Cooperation; Bank Accounts Unfrozen
WazirX Blog
by Saudamini Chandarana Bhat
1y ago
The Enforcement Directorate (ED) has been conducting investigations of 16 fintech companies and Instant loan apps. Some out of them have happened to use the WazirX platform. WazirX has been cooperating with the investigators by providing them with all the necessary details, information, and documents of the alleged accused companies who used the WazirX platform. WazirX has a no-tolerance policy towards any illegal activities using its platform and mandates the users to use it for legal and bonafide purposes only. On WazirX, the users undertake to operate as per all the applicable laws. The c ..read more
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Coins Listed in August 2022 on WazirX
WazirX Blog
by Naman Sarawgi
1y ago
Namaste Tribe We listed 1 new market in August 2022 Listings in the USDT market  LDO/USDT Wondering how to buy these tokens and participate in giveaways?  Signup on WazirX  Follow us on Twitter and stay updated about new listings, giveaways, trading contests, upcoming AMAs, and more.  Happy HODLing! Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quali ..read more
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