WazirX P2P trading platform now live: First look of India's newest P2P trading platform (Hindi) HD

10.07.2018
Indian cryptocurrency exchange WazirX has launched its P2P trading platform, 4 days after the RBI cryptocurrency ban took effect. WazirX P2P will allow users to continue trading cryptocurrencies with INR, in a legal and secure fashion. WazirX exchange has also launched USDT which will play a big role on its P2P platform. Users who want to buy cryptocurrency with INR will first have to buy USDT with INR, and then use the USDT coin to buy other cryptocurrencies. The same will happen during the selling process where users will have to first convert the cryptocurrency into USDT, and then get the INR straight into the bank accounts. WazirX has chosen USDT as the base cryptocurrency for its P2P trading platform, as the stable coin has low volatility and high liquidity. WazirX also has an escrow account in place which will ensure that a buyer does not receive any cryptocurrency till the seller receives thr money from the buyer. Conversely, if a seller acts in bad faith, then WazirX has planned a robust dispute mechanism to decide who will get the cryptocurrency. References: WazirX P2P arrives today: https://medium.com/wazirx/wazirx-p2p-arrives-today-135d928a0d72 Sign up on WazirX: https://wazirx.com/#/invite/fbdsb Follow Crypto Dost on Twitter: https://twitter.com/TheCryptoDost For enquiries, write to thecryptodost@gmail.com Disclaimer: Please keep in mind that I have made this channel to share my experiences in the cryptocurrency market. I am not a professional financial advisor and the information provided is solely for educational purposes. Consult your own financial advisors and do your own research before investing in cryptocurrencies. Investing in cryptocurrencies is inherently risky and you can also lose all the amount you invested. Only invest the amount you can afford to lose. The channel shall not be liable to the viewer for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the viewer from or in connection with the information obtained on this channel.

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