Millions of Binance Users Will Be Able To Use WazirX P2P Deeply Integrated Into Its Fiat Gateway
February 8, 2020
Millions of Binance Users Will Be Able To Use WazirX P2P Deeply Integrated Into Its Fiat Gateway
February 8, 2020

WazirX, India’s largest cryptocurrency exchange, has joined forces with Binance, three months ago, to be a part of their greater mission to spread freedom of money.

On February 7, it has been reported that with WazirX P2P deeply integrated into Binance fiat gateway, millions of Binance users will be able to buy/sell USDT through their highly liquid P2P engine right from within the Binance platform.

Within 18 months of launch, WazirX has become India’s most trusted and largest exchange, as WazirX P2P has been a tremendous success and helped Indians to onboard their cryptocurrencies.

Nischal Shetty, the CEO of WazirX, said:

“We launched WazirX P2P with the objective of solving the Fiat <> Crypto problem in India. Over time, we’ve realised that the banking problem is not an isolated incident in India. Several countries around the world are facing this issue, and we believe WazirX P2P can help solve this problem in many more countries. With this mission in mind, we started our work on the first step towards this mission. We have been working hard for several weeks to do something that has never been done before.”

He added:

“I’m proud to announce that starting next week, Binance users will be able to transfer funds quickly and instantly between their Binance and WazirX accounts.”

WazirX account 🤝 Binance account

If you don’t have a WazirX account, then you can sign into WazirX with your Binance account. Now, what happens after you integrate the Binance account with WazirX?

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This opens up the door for millions of Binance users to use WazirX P2P.

However, users can also move USDT from their WazirX wallet to the Binance wallet and vice versa internally.

Thus, Shetty concluded that to start with, the team of WazirX will be rolling out this feature for Indian users on Binance. After that, they will start unlocking new countries.

Source: MEdium| WazirX | Binance


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Ishita Bora

Ishita Bora is a content creator at Digital Notice Media Labs. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. She is an archetypal writer, who loves to create her own little world with words and locutions. Apart from this, her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, and guides.
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