Post
Topic
Board India
Re: WazirX Bitcoin Exchange India
by
bitcoinisbest
on 05/04/2018, 17:23:23 UTC
Well, they are over 30K KYC completed already. I don't know if they are scam or not, but recently people have tend to be careless with the amount of KYC they are doing for getting tokens. Hope this goes well.

They are very active in putting their status update. TRading is live now on their platform. 30k KYC is not a big number. It means that 30k users want to trade on their platform. Not everyone will. With 5% trading, that makes it 1500 users trading on the platform. Thats not a bad number to start with (they are just 1 month old).

Its not a good idea to spread the rumors about someone who is trying to do something. Whether they fail or succeed is a different topic.

Note: I am not connected to them or with any exchange in any capacity.
Scammer or not with the new directives from the RBI they are bound to fail.
Won't trust them with any of my money.In the current scenario, only a fool will deposit in new exchanges now.

It is now done as RBI has finally issued the statement of banning which means it is the time for all the exchanges to wind up and those of new exchanges will incur losses on their site as they would have spent on creating and building those sites.