WazirX

Halal Rating :
Comfortable
Last Price $0.20 Last updated:
Rank 502
1D Change -0.83 %
Market Cap $77.7m
Circulating supply 381,856,872
Maximum supply None

Crypto Overview

Categories
  • Centralized Exchange (CEX) Token
  • Algorand Ecosystem
  • Binance Launchpad
  • Injective Ecosystem

WazirX is a cryptocurrency exchange with an advanced trading interface and features to buy, sell & trade cryptocurrencies. It is an exchange with a live open order book system that allows users to trade 80+ digital assets like Bitcoin, BNB, Bitcoin Cash, Litecoin, Dash & many more.Users can deposit/withdraw cryptocurrencies and also cash in/cash out USDT via Peer-to-Peer (“P2P”) to Indian Rupees (“INR”) with ease and speed, as well as securely store their digital assets in the WazirX wallet.WazirX’s aim is to bridge the global fiat-cryptocurrency gap with the world’s first auto-matching P2P engine - WazirX Peer-to-Peer. As of today, WazirX Peer-to-Peer is the go-to method to deposit and withdraw INR in India, and growing steadily.WazirX’s native token, WRX, is the utility token forming the backbone of the WazirX ecosystem. The WRX token is built on Binance chain with future use cases including: trading fee discounts, WRX Trade Mining (unlock and earn WRX tokens by performing trades), paying for margin fees, and more.

Crypto Impact

To assign a comfort level investing in WazirX from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to WazirX.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

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Justification for our Halal Rating