Cryptocurrency is gaining popularity in India. Although the country's top banking institution, the Reserve Bank of India, has not yet given the green signal, the popularity of cryptocurrency in India is on the rise. In keeping with the international market, multiple cryptocurrency agencies have been started in the country. Some of them are quite popular. Wazirx is one of the few cryptocurrency agencies in the country.
How to create your account in WazirX
To open a free WazirX account, follow simple steps to sign up for WazirX. Or download WazirX's app for Android or iOS.
Before clicking the 'Sign Up' button, make sure you are fully aware of the Terms and Conditions and check the 'I agree' box. WazirX Terms and Conditions of Service' box. Sign up and complete your account setup procedure.
Forward and free WazirX You will need to verify your email address to access the account. View your email for verification, and click 'Verify Email' to complete the process. If for some reason, you didn't get it on the first try, you can view your 'spam' folder or send it back to your email by clicking the 'Resend' option.
How to complete KYC
The KYC method requires first choosing one's own country. Note that WazirX is an Indian application that works only in Indian currency.
Then you have to start KYC with your name, address, identity proof, and address proof.
After submitting all the documents, you will receive a confirmation from WazirX. Once you receive confirmation, you can create your cryptocurrency account, and you can transact and exchange cryptocurrency.
How to add a bank account to WazirX
After creating your WazirX account and completing the KYC process, you can add details to your bank details (for IMPS transactions) and UPI. First, it is important to enter your bank information to make a crypto transaction. However, you can remove those details and add new details at any time (up to 5 times maximum).
Step 1: In the Settings menu, select Banking and Payment Options. Web: Click on the icon below and then click on Account Settings. Then click on 'Payment Options.'
Step 2: (Mobile & Web): In 'Bank Account', click 'Add New Payment Options'.
Step 3: (Mobile & Web): Fill in the requested details and click submit.
How to deposit INR in WazirX
Once your bank account verification is complete, you can deposit funds (INR) into your WazirX wallet. In addition, you can add INR to your WazirX account from your Mobikwik wallet in addition to net banking.
The steps you need to follow are:
Step 1: (Mobile & Web): In WazirX's app, click on Funds.
Step 2: Select' INR'.
Step 3: Click Submit.
Step 4: Choose your preferred option to deposit INR - Instant Payment (Net Banking) or Instant Payment (Wallet Transfer)
Step 5: Deposit funds!
Nowadays, the popularity of Wazirx in Indian youth is increasing day by day. About 20 million people in the country have chosen it as a profession and are making a living. Cryptocurrency has reached the peak of popularity in India through Wazirx. The number of its users is increasing rapidly day by day.