WazirX is one of the best cryptocurrency exchanges in India. It allows users to buy, sell, and trade-in a basket of virtual currencies like Bitcoin, Ripple, Ethereum, Litecoin, and more. Currently, WazirX is trusted by more than 1 million users, and to celebrate this achievement, the platform will conduct a host of giveaways this week.
WazirX conducted various giveaways in the past few days and awarded the winners with good rewards.
Third Quarterly WRX Burn
“We burned 6,533,333 WRX equivalent to ₹5,08,96,885 INR (~ $648,367 USD)!”
The tokens were burned in 4 parts:
- Part 1: 333 WRX burned.
- Part 2: 3,000,000 WRX burned.
- Part 3: 333,000 WRX burned.
- Part 4: 3,200,000 WRX burned.
In this quarterly burn, the exchange has permanently removed over $648K worth WRX from circulation. It is 96% more than that burned in the second quarter. WazirX has also introduced some amazing features in this quarter:
- Prizes and giveaways worth over ₹65,92,275 INR (~$90,000 USD).
- 41 new trading pairs.
- Launch of WRX market.
- Dust to WRX conversion feature.
- WRX on Ethereum blockchain.
- Education initiatives across Pan-IITs.
Highest Trader Kaun Marathon — WRX/INR
WazirX started the Highest Trader Kaun Marathon on Tuesday 19, 2021, to giveaway ₹2,00,000 worth WRX to its winners. This trading contest continued non-stop till Monday 20th January at 9 PM IST.
It was a 36- hour long contest and the traders could participate anytime within the timeframe. Winners were selected on the basis of the volume of WRX traded in the INR market. Traders required 686 WRX (worth ~₹5,000) or more to be eligible for the contest.
WazirX Trivia Contest
The participants were supposed to follow the official WazirX Instagram page and answer the 3 questions shared on their Instagram Story. The traders had to give the right answers within a time interval of 3 minutes. Whoever answered the questions right were given 110 WRX tokens as rewards.
Quiz Time with WazirX
Quiz Time with WazirX was held on Thursday, 21st January, between 1 PM — 6 PM IST on their official Twitter handle. During this contest, the winners were given 625 WRX.
The participants of this contest had to follow their Twitter account and answer the 5 questions asked in an interval of 1 hour. Among every question, one lucky winner who answered right won 125 WRX tokens.
WazirX is continuously striving hard to introduce new features and enhance the user experience on its platform. WazirX has come up with new initiatives like WazirX Warriors, WazirX Education Partner Program to create crypto awareness among people. With the growing community, the amount of WRX burned every quarter will also increase and result in reduced token supply and increased token value.