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Just like Bitcoin, WRX is a digital asset. The first step to gaining your trust is to involve you in helping us build WazirX.
We want to reward you for joining in early and being part of the WazirX success. We intend to build a strong user community and reward our user community accordingly for the help they provide. This also helps us stay true to the ethos of crypto and blockchain - to share the wealth instead of hoarding it.
There will be multiple ways of earning WRX without needing to pay for it for early adopters of our community. Phase 1 is where we're reserving WRX Coins exclusively for the first 10, users who sign up on WazirX during the pre-signup phase and submit their KYC details within 15 days of signing up.
You will be able to see this balance once we launch the WRX balance feature. Referral Program - In Phase 1 you can also earn additional WRX coins by using your referral link to invite friends. Your friend will earn an additional WRX Coins too. You need to do the following:. Phase 2 is where we're reserving up to WRX Coins for users who sign up on WazirX during the pre-signup phase and submit their KYC details within 15 days of signing up.
Referral Program - In Phase 2 the referral program continues and you can earn additional WRX coins by using your referral link to invite friends. We want to make sure coins are earned only by those who are really interested in crypto and the best way to identify that is to see you make a trade inside WazirX. This helps us avoid giving away the coins to non-crypto believers. So please make sure you execute your first trade of any amount before the cut off date so the WRX coins get credited to your account.
A Buy or Sell order that is partially or fully filled will be considered a trade to qualify you for the WRX. At the moment, you will not be able to see your WRX balance in your account. You can keep track of these by joining our Telegram Channel - http: We have quite a few interesting use cases lined up for WRX and how you can benefit from it. A few of the future implementations would be:. You will also be able to use WRX Coin for any other use cases we enlist in the future.
No, you do not need a special wallet for WRX tokens. Do follow us on Twitter wazirxindia and join the WazirX Telegram channel https: What are WRX coins? Why are you giving away free WRX coins? How can I be part of the token giveaway? We're giving away WRX coins in phases.
You need to do the following: Read more What is the cutoff date to execute the first trade to claim WRX? Depends on when you signed up - If you signed up on or before 8th March - You need to execute your first trade by 8th May If you signed up after 8th March - You need to execute your first trade within 30 days of signing up.
What do you consider a trade? How can I see my WRX balance? What would be the next phases of WRX distribution and when would they launch? A few of the future implementations would be: We commit to continue these buybacks for a minimum of 4 profitable quarters. Discounts on trading fees exclusively for WRX token holders. We intend to launch our decentralized exchange in the future when the technology for such a decentralized exchange is feasible.
At that point, WRX may be used as gas within such a decentralized exchange. Do I need a special wallet for the WRX tokens?