How to transfer Cryptocurrency, Coins from WazirX to Binance? A step-by-step procedure

WazirX was acquired by Binance, a worldwide cryptocurrency exchange, in vember 2019. Binance is one of, if t largest, cryptocurrency exchanges in world. Binance has a number of invative crypto trading capabilities that or Indian crypto exchange has. Furrmore, Binance offers largest cryptocurrency collection on ir site, with more than 500 coins and tokens accessible for purchase. Users of WazirX who want to acquire more cryptocurrencies that aren't available on ir platform but are available on Binance can do so by linking ir Binance and WazirX accounts.

Since WazirX is partly owned by Binance, users can freely transfer funds and cryptocurrencies between two exchanges. WazirX money transfer is a straightforward procedure. Before doing anything furr, y should make sure y have accounts on WazirX and Binance. Transferring funds between WazirX and Binance is simple once users have set up ir accounts on both platforms. 

How to Transfer Money from WazirX to Binance?

• Visit Binance and click on 'Wallet.' option 'Third Party Account' will be available under Wallet.
• Select 'Third Party Account' from drop-down menu. After you click it, a new p will appear, with 'WazirX' option and a button to 'Activate' it. Select it by clicking on it.
• You can w log in to your WazirX profile using your Binance account.
• Go to WazirX App once your Binance account is linked to your WazirX account.
• Select any cryptocurrency you want to transfer to Binance from money menu.
• Select coin and n select Withdraw.
• You'll see a link to Binance where you may send your cryptocurrency.
• Use WazirX financing option to transfer cash and bitcoins. You can also watch video above to have a better understanding of procedure.

WazirXIndia CEO on anti-crypto bill; crypto markets fall 

cryptocurrency market in India has been suffering volatility on Tuesday, following reports that an anti-crypto bill could be introduced later during Winter session of parliament.  central government is expected to introduce " Cryptocurrency and Regulation of Official Digital Currency Bill, 2021" in Parliament's Winter Session, which will restrict us of most cryptocurrencies except a few. As of this morning, all major cryptocurrencies had dropped by 15% or more, with Bitcoin down over 17%, Ereum down almost 15%, and Ter down nearly 18%.

In an exclusive interview with Republic Media Network, CEO of cryptocurrency trading platform WazirXIndia, Nishal Shetty claimed that cryptocurrencies classified as assets and utilities would be exempt from ban. It's worth ting that bill's stated purpose is to establish a facilitative framework for formation of official digital currency to be issued by Reserve Bank of India (RBI).

" whole Central Bank digital currency is a big win in general because that allows RBI to eventually come up with India's own digital token. But or crypto assets are t mutually exclusive...Bitcoin and everything else don't fall under cryptocurrencies, y fall under assets and utilities. So, se are very mutually exclusive things". 

Shetty also seemed to be against idea of a total ban as he said, "To create a national digital currency, you don't have to worry about banning an asset or utility. You can definitely ban any crypto that wants to be a currency. That has been done in a few or countries, but it does t mean a total ban on entire techlogy or entire blockchain ecosystem."

(IM: WAZIRX AND BINANCE TWITTER)