Company Overview [Copy]

Transcript

00:02

WRX is the utility token of WazirX. WRX token is based on the Binance blockchain. Its total supply is 1 Billion. The token holders will be rewarded with various benefits on the trading exchange like trading fee discounts, WRX trade mining, token airdrop, margin fee, and more

00:05

WRX is Launch in 2018

00:07

All time high of $4.73 on 5th April 2021

00:12

It is a part of the Binance ecosystem. WazirX and Binance have launched a $50 Million USD ‘Blockchain For India’ fund. .

00:20

Burning Plan of WRX Token

00:20

Every quarter, Wazirx burn WRX tokens based on the trading volume on their crypto-to-crypto platform until they destroy 10% of WRX. They will eventually burn 100M WRX tokens. As they launch fiat on-ramps to more countries, WRX tokens will have an integral role to play in the same.

00:26

Siddharth Menon - Co-founder, COO at WazirX.

00:26

Sameer Mhatre -Co-founder, CTO at WazirX.

00:26

Nischal Shetty - Founder, CEO at Wazirx

00:26

Founders of WRX

00:31

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