Wazirx, one of the leading cryptocurrency exchanges in India, has introduced a new deposit mode exclusively for its users. The Standard Deposit mode allows users to deposit funds in Indian Rupees (INR) via NEFT/IMPS/RTGS transfers from verified bank accounts on Wazirx.
Users can access this new feature by visiting the Standard Deposit page on the Wazirx website and following the instructions carefully. It is important to note that Standard Deposits can only be made from verified bank accounts on Wazirx. Any deposits made from non-verified bank accounts will be refunded after 15 working days.
It is also advised that users should not transfer funds via UPI apps, as only NEFT/IMPS/RTGS deposits are supported. After transferring funds, users must remember to submit the Transaction ID on the Standard Deposit page. INR withdrawals will remain available for all users depositing through this channel.
However, users are advised that crypto withdrawals and P2P trading will be disabled after their first successful deposit through this mode. Therefore, users must consider this before using Standard Deposits.
The introduction of Standard Deposits will make it easier for users to deposit funds on Wazirx and access various cryptocurrency trading options. The exchange hopes that this new feature will encourage more users to join the platform and experience the benefits of trading cryptocurrencies.
In case of any queries or concerns, users can contact Wazirx customer support for assistance. With the new Standard Deposit mode, Wazirx is continuing to make cryptocurrency trading more accessible and user-friendly for its customers.