WazirX is one of the top crypto exchanges in India and it has been following a solid growth rate since it came into existence in 2018. How to Create an Account on WazirX is one of the questions which anyone signing up for a Free WazirX account needs to know. In this article, we will cover a simple and easy step by step procedure to create an account on the WazirX platform.
Before we jump into, How to create an account on WazirX, Let’s understand what is WazirX. Wazir in India means queen of the game of Chess. In this game, the queen has the power to make a move like any other play, She is considered the most dangerous element on the board. This is from where the crypto exchange got its name, Trying to become the most powerful player in the Indian crypto sphere. WazirX is one of the most reputed cryptocurrency exchanges in India as it is owned by Binance who is the biggest exchange in the Industry. WazirX gives you options to trade directly through INR. It makes it really easy for its users to buy various cryptocurrencies on its exchange.
Traders can trade between multiple pairs of BTC, INR, and USD. WazirX also has there native token WRX or known as WazirX coin which can be used for paying Discounted transaction Fee on their platform. If you wish to learn What is WRX? follow the link.
How to Create an Account on WazirX
Step 1 – In order to create an account on WazirX first visit the WazirX Website, Use the link below to go to the Website.
Step 2 – Click on the Sign Up Button on the Top Right of the Page
Step 3 – Type in your Email and Select a Password. Accept the WazirX Terms of Service and Click on SignUp
Step 4 – Go to your email and confirm your email to complete the email verification process.
Step 5 – Enable a Security Authentification for your account. You have three options:
1 – Authentication App (recommended) – The authentification App is an application that generates a new login key every 30 seconds. You can verify your unique identity on this app with the help of a secret key or paraphrase. You can also save this paraphrase because it will be required whenever in the future you wish to regain access.
Here is a link to Download Google authenticator App
- Please check the below screenshot, how the authenticator app will look on your mobile.
- Click on the + button to add a new authenticator code.
- Scan the QR code on the Wazirx page and you are all set to get your Authentication codes.
2 – Mobile verification – Mobile verification works with an OTP message that comes on your phone number. OTP verification similar to what one finds on banking application and can be easily verified with a SMS message.
3 – None – None means no security, If you use no security measure for your cryptocurrency exchange account it is susceptible to high risk as if anyone breaks through your password they can gain access to your account.
Step 6 – Go ahead select your country and you will get the option to proceed with or without KYC. If you wish to proceed without KYC, You can start making deposits and trading. While if you wish to enjoy the full functionality of P2P and Live withdrawals, you can complete your KYC.
How to Get WazirX KYC Done?
WazirX KYC in India is pretty simple, Please find the information and documents required for a successful KYC
1- Complete Name of Account Holder
2 – Date of Birth
3 – Complete Address
4 – PAN Card – Also Upload a copy of PAN Card
5 – Aadhaar Card / Passport / Driving License ( Any One required ) – Both Front and Back Needs to be Uploaded
6 – Upload Selfie holding your Adhaar /Passport or Driving License – The same one which was Uploaded Earlier
So these are the basic steps needed to get a Full KYC cryptocurrency trading account in India. WazirX is one of the top cryptocurrency exchanges in India and one of the best cryptocurrency exchanges for Indians.