Binance vs WazirX: Find out which is the better crypto trading platform for you

As cryptocurrencies get more and more popular around world, a lot of new people have started getting involved with investing in cryptocurrencies. However, getting into crypto is t as easy as it appears, and people should do thorough research before getting involved with cryptocurrencies. But crypto exchanges like Binance and Coinbase have me it easier for common man to get into crypto, by creating a platform where people can buy crypto easily and securely.

Even in India, people have started investing in cryptocurrencies. While RBI h banned cryptocurrencies in India in 2018, Supreme Court reversed ir order in March 2020. Since n, slowly but surely crypto has become a rising industry in India. In this article, we will take a look at Binance vs WazirX, and compare two for benefit of our reers. 

Binance vs WazirX

Before going furr, it should be mentioned that Binance actually acquired WazirX back in 2019. This enables WazirX users from India to directly link ir accounts from WazirX to Binance and tre on Binance platform by buying USDT currency from WazirX. When looking for best cryptocurrency exchange in India, people often think of WazirX as premier exchange because company has been operational in country since 2018.

As for comparison between se two, WazirX will simply be better choice for Indian users, because of exorbitantly high withdrawal fees charged by Binance. Binance is an international crypto-exchange, so ir withdrawal charges are higher, even if ir transaction fees for crypto transactions remain lower. Binance charges a minimum of $100 in withdrawal fees, which is about Rs. 700 INR, whereas WazirX charges Rs. 5 to 10 per withdrawal, depending on of withdrawal you use. However, for people who want to do high volume tring, Binance is better option, as it has a lot more cryptocurrency options and fast servers that don't crash as much during peak tring times. However, reers are requested to do ir own research before choosing a crypto exchange. 

DISCLAIMER: information provided on this website is for educational and entertainment purposes. information provided on this websites does t constitute investment vice, financial vice or tring vice. Republic World does t recommend purchasing any cryptocurrency. Crypto markets are highly volatile and crypto investments are risky. Reers should do ir own research on cryptocurrencies and consult ir financial viser before making any crypto investments.

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