WazirX Review 2021

WazirX is an Indian cryptocurrency exchange with several extra functionalities, including P2P trading, an NFT marketplace and Smart Token Funds.

WazirX is broker that gives traders access to Cryptocurrency. Surprisingly, WazirX does not support either of the enormously popular MetaTrader platforms (4 and 5).

Cryptocurrency traders will have lots of options at WazirX, with 99 different coins to trade: BTC, USDT, FTM, ADA, HBAR, TRX, CELR, FRONT, WRX, MATIC, REN, POLY, IOST, ETH, IOTX, DOGE, PUSH, XRP, SHIB, KEEP, ATOM, ICP, CTSI, CHR, WIN, CKB, COTI, ALICE, DENT, BNB, DOT, CRV, AVAX, RUNE, DOCK, ARK, CVC, SXP, BTT, 1INCH, VET, BZRX, PNT, LINK, LUNA, LTC, SC, XLM, SNX, EGLD, PHA, LRC, NKN, FTT, REEF, ZIL, CAKE, DNT, XVG, ENJ, DGB, ALPHA, UNI, ETC, UFT, EZ, YFII, HOT, MDX, EOS, SAND, KMD, TKO, OGN, RLC, YFI, TRB, FIL, XEM, OMG, MANA, KSM, DATA, UMA, AXS, BAL, BCH, COMP, HNT, ZRX, BAT, MIR, DASH, ONT, XVS, ZEC, DCR, BUSD and PAXG.

Please note that WazirX is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.

WazirX Summary

WazirX is an Indian cryptocurrency exchange with several extra functionalities, including P2P trading, an NFT marketplace and Smart Token Funds.

Ratings

20%
Trust
16%
Instruments
0%
Features
BonusNone
InstrumentsCrypto
Demo Account
Min. DepositINR 100
Min. Trade$14.50
Regulated By
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

Cryptocurrency Trading

WazirX is a crypto exchange with a wide range of tokens available for purchase using INR, USDT, BTC or the native WRX token.

SpreadVariable
CoinsBTC, USDT, FTM, ADA, HBAR, TRX, CELR, FRONT, WRX, MATIC, REN, POLY, IOST, ETH, IOTX, DOGE, PUSH, XRP, SHIB, KEEP, ATOM, ICP, CTSI, CHR, WIN, CKB, COTI, ALICE, DENT, BNB, DOT, CRV, AVAX, RUNE, DOCK, ARK, CVC, SXP, BTT, 1INCH, VET, BZRX, PNT, LINK, LUNA, LTC, SC, XLM, SNX, EGLD, PHA, LRC, NKN, FTT, REEF, ZIL, CAKE, DNT, XVG, ENJ, DGB, ALPHA, UNI, ETC, UFT, EZ, YFII, HOT, MDX, EOS, SAND, KMD, TKO, OGN, RLC, YFI, TRB, FIL, XEM, OMG, MANA, KSM, DATA, UMA, AXS, BAL, BCH, COMP, HNT, ZRX, BAT, MIR, DASH, ONT, XVS, ZEC, DCR, BUSD, PAXG

Payment Methods

WazirX accepts the following payment methods:

  • Wire Transfer
Risk Warning – Your capital is at risk

FAQ

Is WazirX Safe?

In our review we gave WazirX a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that WazirX is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does WazirX Accept PayPal?

No, WazirX does not accept PayPal payments.

Is WazirX Halal?

Probably not, as WazirX does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is WazirX Regulated?

No, unfortunately WazirX is not regulated to our knowledge. Careful traders might want to check out our list of FCA regulated brokers for options.

WazirX vs Other Brokers

If you want to compare WazirX with other brokers, use the detailed comparisons below.

WazirX vs
WazirX is an Indian cryptocurrency exchange with several extra functionalities, including P2P trading, an NFT marketplace and Smart Token Funds.