Cryptocurrency firm ‘WazirX’ crosses 200 BTC in a day!
The crypto exchange has been consistently clocking in 54% m-o-m growth, despite the RBI ban.
Mumbai-based exchange recently broke its own record by crossing 200 BTC or Rs. 6 crores INR. in a single-day trading volume.
WazirX is less than a year old. This shows that Indians are demanding crypto, despite the blanket ban on banking transactions by the RBI.
Commenting on the record-breaking numbers, Nischal Shetty, Co-Founder & CEO of WazirX said, “We have been pleasantly surprised to discover that a single-day transaction on WazirX has crossed 200 BTC. This is simply sensational and only strengthens our faith in the fact that the youth of India wants crypto and is ready to go the extra mile for the same. At the same time, I sincerely hope that the government officials will pay heed to what the youth of the nation wants and will introduce positive regulations, favouring the growth of crypto in India.”
The exchange provides Indians with the fastest P2P experience by letting them cash-in and cash-out of cryptos 24X7. Furthermore, the trading volume of the exchange has been consistently growing, clocking in 54% hike month-on-month. In the month of December, the total trading volume on WazirX spiked to 2300 BTC or INR 60 Crores.