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#3 WazirX India's largest crypto exchange's WRX touching $1 billion market cap

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Summary

Nischal Shetty, Founder of WazirX on being India's largest crypto exchange and WRX touching $1 billion market cap. In this episode: Nischal's background, his experience with Crowdfire and why he entered the crypto industry  Why he started WazirX Why the name WazirX Why recently the WazirX website crashed Why have Indian volumes jumped massively Are Indian volumes growing at same rate as global volumes or faster How record breaking users are signing up per day Why skeptics who claim such high exchange volumes are fake are wrong Why they launched WazirX NFT marketplace Why WRX token's market cap touched $1 billion market cap What the future plans are for using WRX token Why WRX token increased 10x in the last week What have been the challenges in running an Indian crypto exchange What he feels about international crypto exchanges entering India WazirX big new feature announcement, announced first on Sunny Bitcoin How did the Binance funding happen and how has life changed since then How involved is Binance in WazirX What crypto industry wide initiative is happening right now for government advocacy What are his views on the current crypto industry market Why he doesn't think the bitcoin blockchain is the Internet His message to WazirX and Indian crypto users

First published

04/06/2021

Genres

business

Duration

53 minutes

Parent Podcast

Sunny Bitcoin

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Episode Description

Nischal Shetty, Founder of WazirX on being India's largest crypto exchange and WRX touching $1 billion market cap. In this episode:

  • Nischal's background, his experience with Crowdfire and why he entered the crypto industry 
  • Why he started WazirX
  • Why the name WazirX
  • Why recently the WazirX website crashed
  • Why have Indian volumes jumped massively
  • Are Indian volumes growing at same rate as global volumes or faster
  • How record breaking users are signing up per day
  • Why skeptics who claim such high exchange volumes are fake are wrong
  • Why they launched WazirX NFT marketplace
  • Why WRX token's market cap touched $1 billion market cap
  • What the future plans are for using WRX token
  • Why WRX token increased 10x in the last week
  • What have been the challenges in running an Indian crypto exchange
  • What he feels about international crypto exchanges entering India
  • WazirX big new feature announcement, announced first on Sunny Bitcoin
  • How did the Binance funding happen and how has life changed since then
  • How involved is Binance in WazirX
  • What crypto industry wide initiative is happening right now for government advocacy
  • What are his views on the current crypto industry market
  • Why he doesn't think the bitcoin blockchain is the Internet
  • His message to WazirX and Indian crypto users

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