Binance Acquires Indian Crypto Startup WazirX

Date posted: Thursday 21 November 2019

Global cryptocurrency exchange and blockchain ecosystem, Binance has announced its acquisition of Indian cryptocurrency startup WazirX. With the acquisition, Binance will now start offering the option for users to buy and sell crypto with Indian rupees (INR) on the Binance Fiat Gateway from November 25 onwards. Binance said its users will be able to directly place orders on the web platform or the Binance apps to purchase Tether (USDT) against INR. This integration will allow users to trade any digital asset available on Binance.com with the purchase of USDT from the WazirX digital asset marketplace.

(Inc 42)