How is WazirX, a popular Indian cryptocurrency exchange, related to Binance?

3 answers

• Dec 18, 2021 · 3 years ago
  WazirX is actually a subsidiary of Binance. In 2019, Binance acquired WazirX to expand its presence in the Indian cryptocurrency market. Since then, WazirX has been operating as an independent entity under the Binance ecosystem. This partnership has allowed WazirX to leverage Binance's technology, liquidity, and global network, while also benefiting from Binance's expertise in compliance and security.
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• Dec 18, 2021 · 3 years ago
  WazirX and Binance have a strategic partnership. Binance provides technical support and resources to WazirX, enabling the exchange to offer a seamless trading experience to its users. Additionally, WazirX is integrated with Binance's global liquidity pool, which allows users to access a wide range of trading pairs and enjoy competitive prices. This collaboration has strengthened both exchanges' positions in the cryptocurrency market.
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• Dec 18, 2021 · 3 years ago
  WazirX is an independent cryptocurrency exchange, but it has a close relationship with Binance. As part of the Binance ecosystem, WazirX benefits from Binance's expertise and resources. This collaboration has helped WazirX to rapidly expand its user base and improve its trading infrastructure. With the support of Binance, WazirX has become one of the leading cryptocurrency exchanges in India.
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