Month in Review – July 2022 – WazirX Blog

Namaste Tribe! Here’s a monthly report of what happened at WazirX in July.

What happened last month?

[Done] 1 new market pair: We added 1 token to our USDT market last month! You can now buy, sell, and trade OP on WazirX. Start trading your favorite pairs here!

What are we building?

[Ongoing] AMM Protocol: There have been unforeseen delays in some of the protocols that our DEX is dependent upon. This is preventing us from going live. At this moment, we don’t have an ETA on how long this will take. Be assured that we’re working very hard with the protocol team to expedite the process.

[Ongoing] New tokens: We’ll be listing more tokens on WazirX in the coming weeks. Got any suggestions? Please tweet to us @WazirXIndia.

Some highlights

  • To make the dispute resolution on our P2P engine effortless, we have introduced the Payment Proof Collection feature. This will streamline the process of collecting proofs from buyers and sellers in case of disputes. You can read more about this feature here.
  • At WazirX, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard or the industry changes, we conduct a more in-depth review and potentially delist it. On 8 July 2022, we delisted Groestlcoin (GRS/USDT) and Nebulas (NAS/USDT, and NAS/INR). You can read about this here.

It has been an exciting month for us as we are working on something big and exciting. We are looking forward to August 2022 with lots of hope and positivity. Do keep supporting us like you always do. 

Jai Hind!🇮🇳

Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn’t represent any investment advice or WazirX’s official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.

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