Buying WazirX has become relatively easy. It can simply be done by PayPal, card, or even cash.
This is a small guide we’ve made to make your job easier. So if you are interested in buying WazirX (WRX), read it till the end.
How to Buy WazirX with Credit Card or Debit Card?
The first thing you can do is to buy Bitcoins or Ethereum with your credit card from a WazirX (WRX) exchange. These can later be changed into WazirX.
Follow these steps:
- Purchase Ethereum or Bitcoin from the currency swap you prefer.
- Transfer the purchased Ethereum or Bitcoin to a currency swap that supports WazirX.
- Finally, exchange the purchased cryptocurrency into WazirX.
1. Create an Account on Coinbase
In order to buy Bitcoin (BTC) or Ethereum (ETH), which will later be exchanged into WazirX (WRX) – you have the make an account on Coinbase.
Click this link to create an account.
Verify Your Coinbase Account
When you are done with all of these, just click on the “Buy” button.
By now, you have purchased Ethereum, do not close Coinbase – this has to be used again.
2. Create an Account on Binance
Right now you can buy WazirX (WRX) at a good number of cryptocurrency exchanges.
Binance allows you to purchase coins directly with Euros, Dollars, and Rubbles. The most convenient way of buying WazirX (WRX) through Binance is to purchase Ethereum or Bitcoin from Coinbase and later to exchange / trade it for WazirX through your Binance account at the best WazirX price.
Go to this link, then click “Register” on the top right.
Create an account by entering your email address and a password (strong passwords for security).
You will now be taken to a login form, enter your email address and password, then press “Login”.
3. Find your Ethereum Wallet Address on Binance
Click on “Deposit” and choose “Deposit Crypto”.
The coin list will show, select “ETH”.
A long string of numbers and letters will appear – this is your Ethereum deposit address.
Copy the address and save it somewhere safe, you are going to need it soon.
4. Transfer Ethereum from Coinbase to Binance
Go back to the Coinbase website.
Follow the instructions until Ethereum coins have been sent from CoinBase.
The transfer of Ethereum coins might take a little while to get into your Binance account.
5. Exchange Ethereum for WazirX (WRX)
The moment you get notified of your transaction and your account balance shows the arrival of Ethereum, you will be ready to trade Ethereum for WazirX.
Visit the Exchange from the top menu.
On the top right corner, choose ETH and search for WRX. The WRX/ETH trading pair should appear.
Click on the trading pair and a price chart will appear in the center.
There are two ways you can buy coins:
“Limit” order option: you can to set the price at which you want to buy WRX.
“Market” option: fills out your order at the best price automatically.
If you want to buy WRX when it reaches a certain price, use the Limit order. Enter the price you desire (in ETH) and the amount of WRX you want to purchase, then click the Buy WRX button.
Tip: If you deposited a good amount of coins, try to not purchase your WRX all at once – instead, you should buy it at different price levels. The strategy is known as unit cost averaging.
If you want to buy WRX at the latest price, click on the Market tab, then enter the amount of WRX you want to buy. The order should be done almost instantly and the coins will be added to your Binance balance soon.
You are now a proud investor in WazirX (WRX)!
Best WazirX (WRX) Hardware Wallets
Cryptocurrency transactions are one of the most popular things on hacker’s radars.
The best option to save your cryptocurrency is to put it in wallets.
Keeping your Cryptocurrency safe is very important. You have to look at it from all perspectives.
Keep your hard-earned coins safe!
Frequently Asked Questions
Can I Buy WazirX With PayPal?
You cannot directly buy WazirX using PayPal at this time. If you want to use PayPal, you will have to buy Bitcoin or Ethereum first and then exchange it for WazirX by using a cryptocurrency platform like Binance.
Can I Buy WRX With Cash?
You cannot directly buy WRX with cash. Even if some ATMs support WazirX, they are less than 1% of all cryptocurrency ATMs.
If you want to buy WazirX with cash, you will have to buy Bitcoin first and then exchange bitcoins for WazirX using a platform like Binance.
Can I Buy WazirX With Bitcoin?
Yes, you can buy WRX with BTC easily by using Binance to exchange Bitcoins for WazirX.
Can I Buy WazirX With Ethereum?
Yes, you can buy WRX with ETH by using a platform like Binance to exchange Ethereum for WazirX.
What is the best payment method to use?
The cheapest way to do it is to buy BTC with your bank and exchange BTC for WRX.
The fastest way is to buy it with a credit card, but the fees are higher.
How I Protect WRX Once I Purchase It?
The best way is to store your WazirX in a secure wallet. Don’t leave your WazirX on an exchange, they may be at risk if the exchange platform or your account get hacked.
How Can I Sell WazirX (WRX)?
Binance is a good place to exchange your WRX to other cryptocurrencies. If you want to exchange it to regular currency, trade your WazirX for Bitcoin and exchange BTC into euro, dollars or any other currencies.
Can I Mine WazirX?
Yes, WRX can be mined with ASIC mining machines.