Investors require freedom from authorities and governments. Hence, they prefer to put money in virtual currencies like Bitcoin (BTC) and Ethereum (ETH). Likewise, there is one Indian platform that has led the decentralized financial revolution. It is none other than WazirX. Launched in 2017, users can buy, sell, and exchange their virtual assets round-the-clock. Are you an entrepreneur looking to change the financial system? Develop a cryptocurrency exchange platform like WazirX

 

The main features of a crypto trading platform identical to WazirX are

  • Spot KYC/AML verification of investors 

Users can authenticate their identity by undergoing KYC/AML verification. They need to enter details like email address, date of birth, phone number, and government ID proofs. They can start trading virtual assets post verification. 

  •  Multi-layer security measures 

 Investors can safeguard their funds and data from hackers, phishers, and scammers. They can use options like biometric authentication, two-factor authentication (2FA). anti-DDoS protection, and secret passwords. This enables them to stay alert in case of viruses, malware, and trojan attacks.

  • Numerous payment options 

 Users can purchase cryptocurrencies, DeFi tokens, and stablecoins by using payment options like wire transfers, net banking, and Unified Payments Interface (UPI). Moreover, retail as well as institutional investors can deposit and withdraw funds with ease. 

  • Help center 

Crypto holders can solve their problems by contacting the help desk. They receive support for concerns like depositing and withdrawing crypto and fiat currencies, changing of account credentials, conversion of fiat-to-crypto and crypto-to-fiat, and sharing of referral codes. 

 

Wrapping Up

The trading volume of WazirX increased by around 1735% in 2021. Wish to remove intermediaries in the trading of virtual assets? Join hands with a white-label solution provider for developing a cryptocurrency exchange platform like WazirX soon.