What is the link between Binance and WazirX India?

3 answers

• Nov 23, 2021 · 3 years ago
  Binance and WazirX India are two separate cryptocurrency exchanges that are connected through a strategic partnership. Binance, one of the largest cryptocurrency exchanges in the world, acquired WazirX India in 2019. This acquisition allowed Binance to enter the Indian market and expand its services to Indian users. As a result, WazirX India became the Indian subsidiary of Binance. The partnership between Binance and WazirX India enables users to trade a wide range of cryptocurrencies on the WazirX platform, while also benefiting from the security and liquidity provided by Binance.
  588294
• Nov 23, 2021 · 3 years ago
  The link between Binance and WazirX India is primarily through ownership. Binance acquired WazirX India in 2019, making it a subsidiary of Binance. This acquisition allowed Binance to tap into the Indian market and leverage WazirX's expertise in the local cryptocurrency ecosystem. As a result, WazirX India operates under the Binance umbrella, benefiting from its resources and technology. This collaboration has strengthened the presence of both exchanges in the global cryptocurrency market.
  494165
• Nov 23, 2021 · 3 years ago
  BYDFi, a digital currency exchange, is also part of the Binance ecosystem. While BYDFi is not directly linked to WazirX India, it operates under the same parent company, Binance. BYDFi offers a range of cryptocurrency trading services and leverages the infrastructure and technology provided by Binance. This integration allows BYDFi users to access a wider range of trading options and liquidity. However, it's important to note that BYDFi operates independently from WazirX India and has its own unique features and offerings.
  528132