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India’s top crypto exchange WazirX said Binance conducted the initial exchange offering (IEO) for its WRX token and still controls the token supply even after Binance terminated their relationship.
Indian Crypto Exchange WazirX suspended withdrawals of all coins except their own WRX token .
Why did WazirX token (WRX) jump 30% after India announced its big crypto tax?
Cryptocurrency Tax Budget Impact Live: Bitcoin, ETH, WRX, SHIB, MATIC, SOL, ADA, DOGE prices increase
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tldr; In December 2024, Binance, the leading cryptocurrency exchange, delisted several tokens, including Kaon, Bluzelle, and WazirX, due to security and regulatory concerns amid market volatility. The delisting of WazirX's WRX token followed a court-ordered investigation into a $235 million hack, causing a 59% drop in WRX's value. Binance's actions reflect a cautious approach as it prepares for 2025, focusing on maintaining a secure trading environment and complying with evolving regulatory standards. The exchange aims to ensure only reliable tokens remain on its platform. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Selling my car for bitcoin (WRX STI) and the bigger problem is most don’t want to be bothered
Anyone paying attention to Bluzelle (BLZ)? I guess Binance is delisting it on 12/25, along with AKRO and WRX. I noticed BLZ was around $0.10 on Coinbase, while it was at $0.070 on Binance. Just as I started typing this the price on Coinbase has crashed towards the Binance levels. I sincerely hope no one is stuck in that complete mess...
WRX about to pump a lot of talks in India 90 million market cap. Aud 0.38 cents ALT $5.60
Currently 100% alts. Up avg 28% on portfolio. AXS DOT PERP CRO WRX AAVE AI
I do think you should wait, especially if we have a supposed bull market ahead of us as late as 2025 or a few more months at the earliest. I'm trying to put as much money as I can into crypto right now. Cars are too expensive rn. I bought my used '02 WRX in 2016 for $4000 and now it trades on KBB for $6500. My insurance is like 2x what it used to be. Car parts are outrageous. The car market has been cooling down/stabilizing though, apparently.
**Round 44 stats for Nicks_WRX** - Total Karma: `106` karma - Ratio: `0.8316` Based on these stats, `u/Nicks_WRX` should receive an estimated **~88 MOON** on distribution day. ^(*estimate based on the snapshot data and is subject to change.*) --- ^(I am a bot 🤖)
**Round 43 stats for Nicks_WRX** - Total Karma: `885` karma - Ratio: `0.8728` Based on these stats, `u/Nicks_WRX` should receive an estimated **~772 MOON** on distribution day. ^(*estimate based on the snapshot data and is subject to change.*) --- ^(I am a bot 🤖)
tldr; India-based crypto exchange WazirX has temporarily suspended fiat withdrawals due to complications with its payment partner bank. The exchange has not provided an estimated time for the resumption of Indian Rupee (INR) withdrawals. However, WazirX has partnered with an alternate payment service provider and is already rolling out a phased solution. Customers can still use the peer-to-peer option to sell their crypto assets. WazirX's native token, WRX, has seen a decline in price, but its trading volume has increased significantly. The exchange recently faced regulatory trouble after being issued a show cause notice for a money laundering scheme. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
Im happy with a Lancer Evolution or a Impreza WRX :D
While my friends were selling their $WRX at $1.2 but I wanted to be a so called Hodler. After that i forgot about it and now it's barely 10 cents
Nice, 1st gen? WRX 1st gen is one of the cars I'd have in my dream garage.
Hey Nicks_WRX, now don't get upset, but here are your friends and family and they all would like to talk to you.
Anyone did DYOR on WRX coin? Worth accumulating? Being the largest exchange of India with massive crypto adaption.
Looks like WazirX got 'crypto-ghosted' by Binance, but at least they still have WRX token to keep them company!
tldr; India’s top crypto exchange WazirX said Binance conducted the initial exchange offering (IEO) for its WRX token and still controls the token supply. In a May 16 statement, the WazirX team clarified the token’s management, saying Binance kept all the proceeds from the IEO — about $2 million — for itself. “It is important to […] The post WazirX says Binance controls its WRX token appeared first on CryptoSlate. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
You could literally tow a Subaru WRX STI with a Subaru WRZ STI and still have money left over.
My first crypto was Ethereum, my first alt was OCEAN. While I still have both of them, I initially sold all the OCEAN for WRX back then. Good ol' days. I remained in the Ocean Protocol community despite not having the tokens anymore since it was a nice community and really inspired me to take up data science/analytics. Eventually started buying again😁
A Subaru WRX STI 2.5
Why would they be holding WRX exchange token when they have had a public fallout with them? > Binance had given WazirX an ultimatum to retract what it called false public statements or stop using Binance's wallets. [WazirX Calls Binance Allegations 'False and Misleading,'](https://www.coindesk.com/business/2023/02/07/wazirx-calls-binance-allegations-false-and-misleading-plans-to-seek-recourse/?outputType=amp)
The token are: MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE
Never been a fan of supercars. Maybe a Porsche if I wanted a sports car. I'd get high end SUV, and then maybe a couple of older cars for my dream garage, like E46 M3, E39 750 V12, 1st gen WRX and Lancia Integrale.
Binance did invest into WRX
Yeah, after I made this comment I found another one where you mentioned it. I finally got my WRX STi that I've wanted since highschool a few years back. Loving every minute of it.
Thanks for sharing your experience 👍 So far I've been seeing 3% every 18-21 months on balance transfers. I don't know if I'll see that same offer in 18 months, but I've heard that 5% is more common and I'm okay with that. If we can't do further balance transfers, I can move half of it to the HELOC at 8.75%, and pay about 18% on the others. That's about $600/mo in interest, but minimum payments will probably be a bit higher on the cards (minimum on HELOC is interest only, will have to look closer on the cards). Either way, I can easily spare $1k a month without selling out if I need to. Re: 1, 2, & 3. My goal is to get in at the bottom of this cycle, ride it to near the top, diversity, then get back in at the bottom of the next cycle. We'll see how that plays out, but I see that as a way to maximize returns rather than just buy and hold for a decade. Re: 4. We're committed to the process, but not committed to the point of sacrificing everything for it. We'll continue living life as normal, investing what we can without any major lifestyle changes (aside from not buying the new WRX I was planning on). We're working on defining an exit strategy, but I don't think anything is getting sold until we hit a new ATH, and even then maybe only enough to start paying off a card or two. I'd like to HODL until we hit $150k+, which puts me close to 10x, but only time will tell if that's reasonable or not. Will see how the market plays out, but be sure to not sell too soon. If we miss the peak and have to hang on until next cycle, not the end of the world.
If you believe Cathie Wood, 2030. What year WRX do/did you have? I had a 2004 with three pedals and loved it.
>except their own WRX token The only really worthless Token can be withdrawn, thanks.
okay. that picture doesn't show what your post says, but clearly that "only" ETH withdrawals are temporarily paused, but not any of your other coins - not only WRX. Sure, not great, but hardly the first time some exchange has to pause withdrawals for a specific coin for a few hours due to whatever problems. I wouldn't read too much into this.
Considering my Age and mentality at that time I likely would have sold it when I had enough to buy a new WRX post-Taxes.
WRX I got some tokens after my several NFTs were sold
2JZ swapping my WRX STI. Its one thing to have a stock 300hp car its great and i wouldn’t trade it for any car on the market today. But something about putting what is basically considered one of if not the best tuner engines in the world into one of if not the best all wheel drive system and body in the world and creating a car that just absolutely cannot be fucked with at any stoplight or any track day until electric cars take over.
TLDR: A year ago the Enforcement Directorate of India opened an investigation on Crypto Exchange WazirX. On August 5, this year, ED said WazirX was uncooperative in the investigation and so was the parent company Binance. Both these blogs clarify that the acquisition will benefit Binance with a Crypto-to-fiat gateway for Indian users and help WazirX acquire international users. “ If this doesn’t seem messed up enough, Binance actually did the IEO - Initial Exchange Offering and sold WRX tokens on their platform after WazirX’s acquisition. For now, we await the investigation of ED on WazirX. Now, for the third act of this drama, I want to talk about Binance and CZ. No one likes the public fights between CEOs on Twitter.
My Story is pretty good I started in Feb 2021 with $20, got lucky with a few coins like Doge, Wink & WRX. Turned those $20 to $300 by April. Then I suffered a good loss during May crash (sold in fear, Rookie mistake) Added some BTC, ETH & Sol in July, again got lucky with them & made good profits. Moons also did some pretty good things to me. Honestly I am not much active after December 2021 in Crypto but I still am accumulating BTC. So I basically turned $20 to $550. Pretty Cool.
Have used BNB and WRX to reduce CEX fees lol
Well fees were high when I was looking to transfer some last year and I did end up doing it to buy another WRX, I think I paid around 1k in gas or somewhere around that. All money matters to me, if I can get a little bit here and there it all adds up over time, same goes for transfer fees.
Yes - Binance Launchpad, launches 1 coin per month and if you yolo enough times you'll be one of the first to buy coins like Matic, AXS, WRX, Sand, etc. All from Binance launchpad.
So the Venmo credit card is actually surprisingly decent, and depending on certain criteria, you can earn up to 3% cashback. If you allow your cashback to auto redeem as crypto at the end of the fiscal month, they’ll waive all fees for you. Nexo has a CC with 0.5% crypto back for all purchases. Eh, not the best but something. Obviously the Crypto.com card as mentioned. Then some debit cards: CashApp card can be decent to earn some spare BTC by watching for good boosts and using it for things you’d purchase anyway. I’ve got around $500 BTC in the 2-3 years I’ve had it. The Coinbase Visa debit card is very good. You can earn 4% crypto back in XRP and they *generally* charge a liquidation fee to spend crypto as fiat, but the fee doesn’t apply if you elect to spend USDC. So that’s a solid 4%. The Fold card can be good, you get a card that you can preload, or you can link it to your current debit. The reward scheme is too complicated to add here but definitely something to add to your wallet. Then some extra additions, checkout: Uphold-2% crypto back if spending USDC/DAI (doesn’t get much use with me because Coinbase offers exact same rewards but better, unless you hold a lot of DAI I guess) BlockCard- 1-6% crypto back, but it’s given in $TERN, their proprietary token, and how much your percentage earned back is, relies on how much TERN you hold AND stake, so not a favorite of mine. CoinZoom- up to 5% crypto back in $ZOOM, their proprietary token. Staking not required but if you decide to, you can stack an extra 10% APY earned on staked holdings Lastly, Wirex- if spending in their proprietary token, $WRX, you earn up to 8% crypto back in WRX, and they have liquid staking, so you can stack earnings and earn an extra 8% APY on staked holdings Binance card is unavailable to US citizens. There’s a few more but that’s a pretty extensive list
It was tongue-in-cheek, I had an '04 WRX for almost ten years. Learned to drive stick with it, drove the heck out of it, still miss it sometimes.
That happens everywhere, people fall on bad times from decisions they make. I've lived all over the US and never had an issue or seen anything super crazy. LA was the only place I saw trash everywhere and homeless all over. I'm not just saying this from my armchair, it's literally portrayed worse to folk around the world than it is. I love in the Midwest as a single man, I just bought a 200k house with 3 2 car garages, I have a winter and a summer WRX. I have tons of guns, a 5k computer and assortment of other hobbies. I'm a highschool dropout that never went to college. I just went to the Army instead, and now I'm an Avionics engineer.
WRX ceo is not doing anything good, he is not talking to government for 30% tax, better to stop using
I am invested both in FTT & CRO I am also invested in WRX (It's a native token of India's largest crypto Exchange)
WRX is a legit exchange and has had a good track record so far
tldr; WazirX exchange’s native token, WRX, surged nearly 30% to over $1 this week after the Indian government announced a new tax regime for the regional crypto sector. WRX's price jumped after Finance Minister Nirmala Sitharaman said that the government plans to tax the income from trading cryptocurrencies at 30%. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
What's with that WRX? It baffles me how a coin can do a +26% and just stay there, 24hrs later. Let's go bitcoin, maybe you can keep that fucking +3% one time in your miserable life.
what are your thoughts on WRX? indian trading platform under binance? buy now? wait for retracement? avoid completely?
Don't know about that. But words are Polygon is playing a huge role along with WazirX(WRX).
WRX. cuz you know, india is such a big market. only to have their government start the whole we're going to ban crypto spiel... 78% down from my original investment. guess I'm going to hold this one for a long, long time
For purchasing tokens, I can pay the fee (maker/taker) with an exchange token or fiat sitting in my exchange wallet. Apparently, paying a fee with an exchange(WRX) token was cheap than paying with fiat sitting in the exchange wallet and going to a negative gradually.
Damn...maybe I should take my bets off of WRX
Not the referral commissions per se, but the cheaper rates on trading with their own WRX coins. Even Binance allows this with BNB; wonder it the Govt. will go after them next. They really needs to sort their shit out with the bill to prevent such uncertainties.
Pay fee using their WRX tokens and fee would be reduced to 0.1%. Have 4-5 WRX for fee payments and you're good to go. As for deposit with net banking, fixed 40-50 INR are charged and withdrawal Instant is 10INR fee, NEFT with 5 INR I guess
ETH BTC MATIC ALGO IOTA ENJ AAVE ADA BNB WRX for reducing the fees on exchanges when buying and selling A lot of BNB tokens through staking BNB like the arsenal fan token, mines of dalarnia, etc
My investment into WRX is now down by 80%. I dont think it will ever recover
What's the daily? I'm closing in on an NA Miata summer, VA WRX winter garage and I couldn't be happier
which wazirx coin is pegged to INR? can you tell me the ticker? i'm only aware of WRX, and that's not a stablecooin.
Glad NASDAQ is confirming my bias/thoughts on WRX. If India regulates and allows crypto, they'll be India's biggest exchange.
Yessssss this confirms my bias on WRX!
TLDR: - Bogged Finance (CCC:BOG-USD) - Cere Network (CCC:CERE-USD) - Solarmine (CCC:SOLAR-USD) - Zignaly (CCC:ZIG-USD) - iMe Lab (CCC:LIME-USD) - ShopNEXT (CCC:NEXT-USD) - WazirX (CCC:WRX-USD)
lol did anyone checked WRX / USDT ? 82% earned profit .. he forgot the /s
So, if I'm the only one here shilling WRX, it must be good!
WRX be tasting like a mix of curry, turmeric, and hot peppers.
Start stacking those WRX tokens
I made most of my profits in March through WRX & WINK & then I made good Profits with SOL in August.
A Ford Raptor for my wife, and a WRX STI for me (sensible family cars obviously). My idea of a dream car has changed a bit, but not something I need to spend money on for a long time, I now have a mortgage, college, retirement ect. that are on my mind.
I'm just gonna shill my longshots. JASMY, HBAR, 1EARTH, WRX, WTC
WRX. India might be regulating and setting rules for crypto, but WRX looks to be India's potentially largest exchange.
WRX, coin for what should shape up to be India's biggest exchange.
DCAing further in, as well as KCS, and WRX (Wajira, should be India's largest exchange)
Is it worth investing in WRX?
If this proves to be true then WRX will most likely freaking skyrocket from that
I called this right back then. A bunch of government officials took the chance and bought the dip, especially WRX.
Lambo is an overkill for me. Something like a WRX STI is perfect.
True. The other day I wanted to buy an NFT from an Indian Marketplace and couldn't figure out why my WRX tokens weren't being transferred. Then after hours, found that you also need to get some BNB into your MetaMask.
I got drunk and bought WRX when it was high so I gotta learn how to gamble with OP because at least he is a good drunk gambler lol
Starting my DD for my monthly DCA. As always, 25% goes to BTC and ETH each. As for the other 50%, I’m considering all 50% to one or 25% to two of the following: AVAX, SAND, ONE, GRT, and WRX? Any opinions?
WRX wazirx if you wanna bet on the indian market
That's what I feel too. I'm planning on picking some up soon. Also low key betting on this coin called WRX which is the coin of an indian exchange which is owned by Binance. It's bound to go up over the years because of the sheer population of India imo
Is WazirX (WRX) a no brainer considering the potential growth of crypto in India? Apparently the exchange has some 250k daily visitors, albeit with a much small volume for obvious reasons… I can see a huge growth story here. Any thoughts?
WRX (Wazirix)... down 80% and still haven't sold. It's an indian exchange token like bnb on binance. I read that everyone who wants to use digital fiat or buy crypto on their exchange needs to have some wrx. So my logic was oh hey there's over 2B indians so once even a small % of them starts buying wrx it'll skyrocket. Well no. And the previous ATH was $6.66... nice little hint to stay away from it.
My exchange offers me to convert to WRX, it’s native token, which can be used to pay trading fees and get 50% off.
Guys, buy WRX, not a financial advice but it's gonna do good.