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WazirX
How it changes the way we know about crypto
Introduction to
WazirX
WazirX is India’s largest crypto exchange.
Started in 2018, with it's HQ in Mumbai
WazirX has grown to be the most trusted
exchange in the Indian crypto market. It is
a part of Binance group, which is the
world’s largest crypto exchange, serving
users in 180 countries
With a volume of $5.4 billion per month,
and growing at an exponential pace, With
6 million registered users, WazirX’s
growth has just started.
Instant INR (fiat) deposit and
withdrawal options
150+ tokens
Smart Token Fund to find traders,
and let them manage cryptocurrency
portfolios
Auto-matching P2P engine
Login via Binance option
WazirX was initially founded in 2018 as a
crypto exchange. As it evolved, it added
an NFT marketplace to its product line.
stands as the largest crypto exchange in
India by trading volume — in 2021 alone,
its volume exceeded $43 billion.
After successfully running Crowdfire,
WazirX is another feather in the hat for
Nischal, who has grown his enterprise
into 19 million users locally and
worldwide.
the same year that WazirX launched, the
Reserve Bank of India (RBI) issued a
circular urging the rest of India’s banks to
disavow cryptocurrencies as a whole.
Inception of WazirX
In a bid to navigate the regulatory
hurdle, a nimble-footed WazirX launched
a peer-to-peer system barely two days
after the ban.
This would completely eliminate the need
for financial institutions and link sellers
and buyers directly
It also helps that the regulatory
environment isn’t as hostile as it was two
years ago.
A combination of these factors has
enabled WazirX to hit a user base of
over 1.75 million with monthly trading
volumes to the tune of $2.3 billion (Rs171
crore).
Factors that helped it
grow
WazirX API (Application
Programming Interface)
Crypto Currency we sell List your own Coins
The use of Wazirx’s REST API for
spot exchange, helps you automate
trades in real-time, stream live
crypto rates and build other
integrations for your trading
journey.
Our REST API is organized into
publicly accessible endpoints
(market data, exchange status, etc.),
and private authenticated endpoints
(trading, funding, user data) which
Buy Crypto
Buy Bitcoin
Buy Ethereum
Buy USDT
Buy Tron
Buy Matic
Buy Dogecoin
Buy SHIB
Buy Solana
Buy Cardano
This allows it's users to take a step
forward in creating their own
significance in the world of
metaverse and Crypto currency.
The users can create and list their
own crypto currency, using the
platform.
What we do?
Sameer Mhatre
Co-founder
Sricharan. C
Head of Human
Resource
Anvay Kshatriya
Senior Engineering
Head
Saurabh Kandpal
Senior Marketing
Management
WazirX has 162 employees, the majority of
which are in product & engineering functions.
WazirX has been built by a team of hardcore
traders and passionate blockchain believers.
We're on a mission to involve every Indian in
the Blockchain revolution. The world is
moving on to this revolution at an
unprecedented pace.
Pareen Lathia
Co-founder
Product and Engineering
46%
Marketing
18%
HR
15%
Operation
13%
Finance
5%
Legal
3%
Nischal Shetty
founder and CEO
Our Team
Nischal Shetty CEO and Founder
Nischal Shetty is the Founder & CEO of WazirX, India’s
very own crypto-assets exchange and creator of WRX,
India’s very own digital asset. Already listed as Forbes
30 under 30, he is a software developer turned
entrepreneur. In his current undertaking, he is
responsible for the overall strategy, product, and
marketing at WazirX.
He has already proven his mettle in the world of
entrepreneurship, with a successful venture to his
credit – Crowdfire. Launched in 2010, it is an AI-driven
marketing assistant, which is being utilized by over 19
million users today. As the Founder of Crowdfire,
Nischal successfully raised venture capital worth USD
2.5M from Kalaari Capital in 2015
About the
Founders
Siddharth Menon
An entrepreneur since 18yrs, building various products
in consumer social, communications, commerce &
fintech
solving economics, liquidity & market quants for Web3.
Founded India’s biggest fiat-crypto exchange with the
highest liquidity for fiat on-ramps. Retail to
institutional setup to feed liquidity.
Tegro- A platform where you can discover new and
exciting web3 games, participate in bounties and win
crypto rewards.
Co-founder
WazirX stands at 2nd rank in the number of
markets, with a total of more than 22 market.
In terms of Volume it stands at 32nd Rank, with
a total net volume of $121,786.06
Global Ranking
According to OutlookIndia,
wazirx is ranked no 4 among the
cryptoexchanges in India.
According to Forbes, the
company is ranked 3rd among
the cryptoexchanges in india.
According to Cryptonewsz, 4th
rank
The Revenue
Generation of
WazirX
Step 1 Daily Trade Volume Average
$100 Million
NFT minted and sold by artists on the platform
amounts to 8317 and 4056, respectively, standing at
a ratio of 2:05
traders small trading fees
0.15% to 0.2% (taker and maker fees).
creator-to-collector ratio of 1:53, with a total of 737
creators and 481 collectors.
Highest trading volume
Recorded
$38 billion in 2021
net sales of non-fungible tokens (NFTs) amounting
to 2,05,126.66 WRX or $309,741.26 based on today's
price. (1 WRX=$1.51)
average month-on-month
growth
44%
The platform also saw over 10 times jump in signups
in 2021
user base
10 million.
2,648% growth in user signups from tier-II and tier-III
cities along with massive adoption by women,
especially from these geographies in India.
WazirX's estimated annual
revenue is currently $46.9M
per year.
WazirX's estimated
revenue per employee is
$81,250
The company is currently acquired by
Binance, a Cayman Islands-based exchange
WazirX has 3 investors including Kalaari
Capital, Cognisa Capital, 3n Capital
Nischal Shetty-led blockchain startup
Shardeum has raised $18.2 million ( ₹145.6
crore) in its seed funding round, the
company announced on Tuesday.
Funding
Future Goals and
Prediction
By 2031 crypto assets will be widely
accepted, and their usage will be increased
multifold. The maximum value that could be
attained is $8.59, while the minimum price is
expected to be $7.01. The average forecast
price is $7.22 by the end of 2031.
Creators can drop their NFT collections, no
matter how big or small, on WazirX's NFT
Marketplace
Do you have
any questions?

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WazirX - Descriptive research.pdf

  • 1. WazirX How it changes the way we know about crypto
  • 2. Introduction to WazirX WazirX is India’s largest crypto exchange. Started in 2018, with it's HQ in Mumbai WazirX has grown to be the most trusted exchange in the Indian crypto market. It is a part of Binance group, which is the world’s largest crypto exchange, serving users in 180 countries With a volume of $5.4 billion per month, and growing at an exponential pace, With 6 million registered users, WazirX’s growth has just started. Instant INR (fiat) deposit and withdrawal options 150+ tokens Smart Token Fund to find traders, and let them manage cryptocurrency portfolios Auto-matching P2P engine Login via Binance option
  • 3. WazirX was initially founded in 2018 as a crypto exchange. As it evolved, it added an NFT marketplace to its product line. stands as the largest crypto exchange in India by trading volume — in 2021 alone, its volume exceeded $43 billion. After successfully running Crowdfire, WazirX is another feather in the hat for Nischal, who has grown his enterprise into 19 million users locally and worldwide. the same year that WazirX launched, the Reserve Bank of India (RBI) issued a circular urging the rest of India’s banks to disavow cryptocurrencies as a whole. Inception of WazirX In a bid to navigate the regulatory hurdle, a nimble-footed WazirX launched a peer-to-peer system barely two days after the ban. This would completely eliminate the need for financial institutions and link sellers and buyers directly It also helps that the regulatory environment isn’t as hostile as it was two years ago. A combination of these factors has enabled WazirX to hit a user base of over 1.75 million with monthly trading volumes to the tune of $2.3 billion (Rs171 crore). Factors that helped it grow
  • 4. WazirX API (Application Programming Interface) Crypto Currency we sell List your own Coins The use of Wazirx’s REST API for spot exchange, helps you automate trades in real-time, stream live crypto rates and build other integrations for your trading journey. Our REST API is organized into publicly accessible endpoints (market data, exchange status, etc.), and private authenticated endpoints (trading, funding, user data) which Buy Crypto Buy Bitcoin Buy Ethereum Buy USDT Buy Tron Buy Matic Buy Dogecoin Buy SHIB Buy Solana Buy Cardano This allows it's users to take a step forward in creating their own significance in the world of metaverse and Crypto currency. The users can create and list their own crypto currency, using the platform. What we do?
  • 5. Sameer Mhatre Co-founder Sricharan. C Head of Human Resource Anvay Kshatriya Senior Engineering Head Saurabh Kandpal Senior Marketing Management WazirX has 162 employees, the majority of which are in product & engineering functions. WazirX has been built by a team of hardcore traders and passionate blockchain believers. We're on a mission to involve every Indian in the Blockchain revolution. The world is moving on to this revolution at an unprecedented pace. Pareen Lathia Co-founder Product and Engineering 46% Marketing 18% HR 15% Operation 13% Finance 5% Legal 3% Nischal Shetty founder and CEO Our Team
  • 6. Nischal Shetty CEO and Founder Nischal Shetty is the Founder & CEO of WazirX, India’s very own crypto-assets exchange and creator of WRX, India’s very own digital asset. Already listed as Forbes 30 under 30, he is a software developer turned entrepreneur. In his current undertaking, he is responsible for the overall strategy, product, and marketing at WazirX. He has already proven his mettle in the world of entrepreneurship, with a successful venture to his credit – Crowdfire. Launched in 2010, it is an AI-driven marketing assistant, which is being utilized by over 19 million users today. As the Founder of Crowdfire, Nischal successfully raised venture capital worth USD 2.5M from Kalaari Capital in 2015 About the Founders
  • 7. Siddharth Menon An entrepreneur since 18yrs, building various products in consumer social, communications, commerce & fintech solving economics, liquidity & market quants for Web3. Founded India’s biggest fiat-crypto exchange with the highest liquidity for fiat on-ramps. Retail to institutional setup to feed liquidity. Tegro- A platform where you can discover new and exciting web3 games, participate in bounties and win crypto rewards. Co-founder
  • 8. WazirX stands at 2nd rank in the number of markets, with a total of more than 22 market. In terms of Volume it stands at 32nd Rank, with a total net volume of $121,786.06 Global Ranking According to OutlookIndia, wazirx is ranked no 4 among the cryptoexchanges in India. According to Forbes, the company is ranked 3rd among the cryptoexchanges in india. According to Cryptonewsz, 4th rank
  • 9. The Revenue Generation of WazirX Step 1 Daily Trade Volume Average $100 Million NFT minted and sold by artists on the platform amounts to 8317 and 4056, respectively, standing at a ratio of 2:05 traders small trading fees 0.15% to 0.2% (taker and maker fees). creator-to-collector ratio of 1:53, with a total of 737 creators and 481 collectors. Highest trading volume Recorded $38 billion in 2021 net sales of non-fungible tokens (NFTs) amounting to 2,05,126.66 WRX or $309,741.26 based on today's price. (1 WRX=$1.51) average month-on-month growth 44% The platform also saw over 10 times jump in signups in 2021 user base 10 million. 2,648% growth in user signups from tier-II and tier-III cities along with massive adoption by women, especially from these geographies in India. WazirX's estimated annual revenue is currently $46.9M per year. WazirX's estimated revenue per employee is $81,250
  • 10. The company is currently acquired by Binance, a Cayman Islands-based exchange WazirX has 3 investors including Kalaari Capital, Cognisa Capital, 3n Capital Nischal Shetty-led blockchain startup Shardeum has raised $18.2 million ( ₹145.6 crore) in its seed funding round, the company announced on Tuesday. Funding
  • 11. Future Goals and Prediction By 2031 crypto assets will be widely accepted, and their usage will be increased multifold. The maximum value that could be attained is $8.59, while the minimum price is expected to be $7.01. The average forecast price is $7.22 by the end of 2031. Creators can drop their NFT collections, no matter how big or small, on WazirX's NFT Marketplace
  • 12. Do you have any questions?