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How to buy WazirX(WRX) coins on mobile phone

On WazirX's user-friendly mobile app, you can seamlessly create an account, deposit funds, navigate to the WRX market, place a buy order, track your order status, and securely store your WRX coins.

Dec 01, 2024 at 09:28 pm

How to Buy WazirX (WRX) Coins on Mobile Phone

Introduction:

WazirX is a leading cryptocurrency exchange in India, renowned for its user-friendly platform and a wide selection of cryptocurrencies. WRX, the native token of WazirX, empowers users with various benefits, including trading fee discounts, exclusive rewards, and participation in community governance. This comprehensive guide will guide you through the step-by-step process of buying WRX coins on your mobile phone.

Step 1: Create a WazirX Account

  • Download the WazirX app from the official website or app store.
  • Register for a new account by providing your email address and creating a strong password.
  • Complete the Know Your Customer (KYC) verification to enhance your account security and comply with regulations.

Step 2: Fund Your WazirX Account

  • Tap on the "Deposit" button in the app to add funds to your account.
  • Select your preferred deposit method, such as UPI, bank transfer, or cryptocurrency.
  • Follow the on-screen instructions to complete the deposit process.

Step 3: Navigate to the WRX Market

  • In the "Markets" section, find the WRX/INR market (WazirX paired with Indian Rupee).
  • Click on the WRX/INR market to view the order book and live market data.

Step 4: Place a Buy Order

  • Select the "Buy WRX" tab.
  • Enter the amount of WRX you want to buy in INR or specify the desired number of WRX coins.
  • Choose the order type, such as a limit order or a market order.
  • Confirm the details and click on the "Buy" button.

Step 5: Confirm the Transaction

  • Review the order details carefully to ensure accuracy.
  • Enter your 2FA code for security verification.
  • Click on the "Confirm" button to execute the order.

Step 6: Check the Order Status

  • Go to the "Orders" tab to track your WRX buy order.
  • The status of your order can be "Filled," "Partially Filled," or "Pending."
  • Once the order is filled, the WRX coins will be credited to your WazirX account.

Additional Tips:

  • Consider market fluctuations and set buy orders accordingly to maximize returns.
  • Utilize the WRX/USDT market to trade WRX against Tether (USDT).
  • Store your WRX coins securely in a hardware wallet or a trusted exchange that supports the token.
  • Participate in WRX staking programs to earn rewards for holding the token.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

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