WazirX P2P and Binance BNB Fiat Gateway Deeply Integrated Fiat to Crypto Conversion Issues Solved in IndiaFebruary 8, 2020
WazirX has WRX as its native token. There will be 1 Billion WRX coins ever created. WRX is the utility token backed by WazirX.
Nischal Shetty recently tweeted: “What happens when millions of Binance users get access to the highly liquid WazirX P2P platform?” He further tweeted: “We’re on the right path to global recognition for WazirX $WRX, WazirX is here to solve the Fiat <> Crypto problem for the world. We’ve done it in India with our innovative P2P 2.0.”
WazirX makes “fiat to crypto” and “crypto to fiat” conversion, cheaper, faster, and simpler for everyone in the market. The White paper talks about how billions of people are not able to be a part of the cryptocurrency revolution due to conversion difficulty.
Sydney Ifergan, the crypto expert, tweeted: “There is a lot of regulatory uncertainty and banking delays when it comes to buying and selling cryptocurrencies using fiat. WazirX P2P and Binance Gateway probably are bringing a breakthrough in the fiat to crypto and crypto to fiat conversion issues.”
Ifergan further tweeted: “Glad that in a week’s time, WazirX P2P and BNB are going to make it easy for several billions to participate in the cryptocurrency revolution.”
WazirX P2P Binance for Crypto to Fiat and Fiat to Crypto Coming Next Week
WazirX tweeted: “The wait’s almost over, deep integration of WazirX P2P coming to millions of @Binance users next week. $wrx $bnb”
The high-liquid and India’s largest and most trusted cryptocurrency exchange, was launched 18 months ago. The exchange had tremendous success in India and served as a platform to bring in a lot of Indians to the cryptocurrency industry.
About three months ago, WazirX was acquired by Binance to become a part of their greater mission of spreading the freedom of money.
WazirX P2P was launched in India to solve the fiat to crypto conversion issues In India. This was also the issue in several countries from across the world. To solve this issue, WarizX with Binance will facilitate users to be able to transfer funds quickly between Binance and WazirX.
Thus, WazirX has opened up the door for millions of Binance Users who can now use WazirX P2P. Millions of Binance users can now buy/sell USDT through the P2P engine of WazirX directly from the Binance Platform. Users will be able to move USDT from WazirX Wallet to Binance Wallet and from Binance Wallet to the WazirX wallet coming next week.
WazirX will be facilitating this feature for Indian users on Binance and further for new countries. The potential is huge.