Is wazirx an Indian exchange?

"Earlier, their Managing Director Nischal Shetty had claimed that WazirX is an Indian Exchange which controls all the crypto-crypto & inr-crypto transactions and only has an IP & preferential agreement with Binance.

What is wazirx & how does it work?

WazirX will assist these budding entrepreneurs in obtaining funding by connecting them with eager venture capitalists. A public spat between global cryptocurrency platform Binance CEO Changpeng Zhao (known as CZ) and WazirX cofounder Nischal Shetty has hit about 15 million of the registered users (as of August) of the Indian crypto exchange.

What's happening with wazirx and Binance?

The crypto community of India finds itself perplexed in the backdrop of an ongoing heated Twitter feud between WazirX co-founder Nischal Shetty and Binance CEO Changpeng Zhao.

Could wazirx be shut down?

Meanwhile, Zanmai Labs, which operates WazirX in India, is exploring the legal route amid an ownership dispute with the world’s largest exchange by volume, according to sources. Zhao tweeted on Saturday that users on WazirX should transfer their funds to Binance, causing widespread panic, investors told ET. “We could shut down WazirX.