Welcome to the new Crypto tokens Rapid Listing Initiative in India on Wazirx. How? Read to find out.
What happens in the Rapid Listing Initiative?
Wazirx lists tokens in our trading markets without enabling deposits and withdrawals.
what happens in a token-listing process before it’s finally available for you to trade:
As People tend to miss out on trading opportunities for the coins not available on Wazirx. So, Wazirx brainstormed internally and that’s how the Rapid Listing Initiative was born!
It will ensure that you don’t miss out on opportunities to trade any of your favorite tokens. What does it mean for you?
- Deposits — You won’t be able to deposit the token from another wallet to your Wazirx wallet.
- Trading — You will be able to buy, sell, and trade the token in our USDT and BTC markets with absolute ease.
- Withdrawals — You won’t be able to withdraw the token from your Wazirx wallet. What you can do instead, is sell it in our USDT or BTC market.
When will deposits and withdrawals start?
Wazirx doesn’t promise an ETA for the tokens that we list under our Rapid Listing Initiative. We recommend you only trade in these tokens if your intention is to trade or HODL. If you plan to withdraw these tokens anytime soon, then we recommend not trading in them until we announce the withdrawal feature.
Buy these tokens if your intention is to trade or HODL.
Also Read >>How to trade Cryptocurrency in India? Legal or Illegal | Step by Step guide.
How to become a successful Forex Trader? How to get rich quick 
Leave a comment