Suppose if you are looking for any Wazirx alternative or eager to know any other cryptocurrency platforms, then this article is for you. We have covered many other Wazirx alternative, which is also essential to know before investing in.
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What is WazirX?
WazirX is India’s most significant, fastest, most secure, and most used Bitcoin and cryptocurrency exchange platformNeeraj Khandelwal and Sumit Gupta founded this exchange platform. This cryptocurrency exchange was founded in 2018 by Nischal Shetty, the current CEO of WazirX, along with Sameer Mhatre and Siddharth Menon. It was the first cryptocurrency exchange to introduce p to p bank transfer of funds in India. It is currently situated in Mumbai, India.
Its original token is called WRX, which forms the backbone of the WazirX ecosystem. This exchange platform has a total supply of 1 billion. The WRX token is based on the Binance blockchain technology. Currently, the WazirX exchange platform supports and deals with over a hundred cryptocurrencies, including Bitcoin, WRX, Ethereum, Dogecoin, etc.
Although WazirX is a fantastic cryptocurrency exchange platform, there are many alternatives to it as well. Some of them are as follows –
Bitbns is a part of Buyhatke Internet Pvt Ltd, its parent organization, and was incorporated in 2015. It went live on December 14, 2017. This cryptocurrency exchange is best known for its easy-to-navigate interface, smooth transactions, easy functioning, and phenomenal ease of trading.
This cryptocurrency exchange platform was initially created to ensure that all the Isle who wished to extend the world of cryptocurrencies and cryptocurrency exchange would have an easy means of doing so. Therefore, this platform comes with highly secured transactions, helpful and supporting technical staff, and an easy-to-use interface.
Bitbns currently deals with over 144 different cryptocurrencies. Bitcoins, Filecoin, Cosmos, Ripple, Ethereum, Neo, BNB, Tether, Luna, Chromia, etc. The list is always expanding and diversifying. It aims to enhance and improve blockchain technology, popularising and increasing the use and trade of cryptocurrencies and helping people start their journey in the world of digital currencies.
Binance was founded in 2017. It is registered in the Cayman Islands. This cryptocurrency exchange is known for being the largest exchange in the world in terms of the daily trading volume of cryptocurrencies right now. This cryptocurrency exchange was founded by Changpeng Zhao, the creator of high-frequency trading software.
This exchange platform has launched two of its cryptocurrencies as well. These are the Binance Coin (BNB), launched in June 2017, and the Binance Smart Chain (BSC), launched in September 2020. Binance was situated and based in China initially but has now moved and become a global exchange platform.
Binance is known for its diversity, its community, and its impressive technical support. This exchange deals with some of the cryptocurrencies include BNB, Bitcoin, Dogecoin, The Sandbox, Decentraland, Ethereum, etc. It is definitely one of the best cryptocurrency exchanges out there and deserves careful consideration by any investor.
CoinDCX is one of the most secure, safest, and fastest-growing exchange platforms in India. It was established in 2018 to provide a simple, safe, and compliant platform to ensure cryptocurrency exchange and trade. This cryptocurrency exchange claims to have over 6 million users and a total cryptocurrency purchase of over ₹75 billion with a total cryptocurrency investment of ₹3 billion.
This exchange platform was founded by Neeraj Khandelwal and Sumit Gupta; both are alumni of IIT Bombay. Both of them saw the potential in cryptocurrencies when they first came back in 2014 and founded CoinDCX to facilitate its growth and trade.
CoinDCX takes pride in its security measures more than anything else. This platform protects its safes and funds by storing over 95% of it in multi-sig cold wallets. All funds, data, personal details, bank account information, etc., are deeply encrypted and completely secure from frauds and cons. BitGo also ensures it.
It deals and trades in multiple cryptocurrencies, including Maker, Bitcoin, Ethereum, Tron, Basic Attention Token, and many more.
4. CoinSwitch Kuber
CoinSwitch Kuber is one of the safest and fastest means of exchanging and trading cryptocurrencies. It was founded by Ashish Singhal, the founder, and current CEO, along with Govind Soni (co-founder and CTO), Vimal Sagar Tiwari (co-founder and COO), and Sharan Nair (Chief Business Officer).
The team created this cryptocurrency exchange platform with the vision of creating an investment ecosystem that increases and simplifies investment. They also wish to make cryptocurrency easy, simple, available, affordable, and secure for their users.
It is a highly user-friendly exchange platform with many features that enhance the trading experience of the investor. It allows trading with a very small amount, about as much as ₹100 only. It allows trade-in of over 80 different cryptocurrencies. It offers the best possible prices to the users, with the option of withdrawing their money anytime and anywhere. It has over 11 million users who trust the platform and continue to trade using this cryptocurrency exchange.
Some cryptocurrencies traded through this platform are Bitcoin, Ethereum, Tron, The Sandbox, Cosmos, Ripple, etc.
Zebpay is a part of the Zeb IT Service Pvt Ltd. It was founded by Sandeep Goenka, Mahin Gupta, and Saurabh Agrawal in 2014, almost as soon as possible after cryptocurrencies were first launched and trade through them started. It is one of the first cryptocurrency exchange platforms in India. Almost two-thirds of the total Indians who trade and invest in cryptocurrencies started through Zebpay.
This exchange platform stores 98% of its total cryptocurrencies in cold wallets, robust internal controls, and more so as to ensure the safety, security, and privacy of the users, their data, and their funds. It has an easy-to-use and navigated BitGo also provides, itprofoundlyNeeraj Khandelwal and Sumit Gupta founded this exchange platform interface, which is impressive and useful for beginners and more experienced traders.
Since it is one of the oldest cryptocurrency exchange platforms, it is also one of the most trusted exchange platforms. Its users and total trade, as well as investments, run well into billions. Some of the Indian users who initially started investing in cryptocurrency through Zebpay still prefer to use it. It deals with various cryptocurrencies like Bitcoin, Ethereum, Tron, Basic Attention Token, The Sandbox, Cosmos, Ripple, etc.