WazirX is one of the largest cryptocurrency exchanges in India. The WazirX crypto exchange offers a ton of cryptocurrencies for users to choose from. Additionally, WazirX has its own native crypto token called WRX Token, which can be used to buy, sell, and trade cryptocurrencies inexpensively. It was acquired by the global crypto exchange Binance in November 2019. Binance is one of, if not the largest crypto exchange in the world. Binance offers a ton of advanced crypto trading features that are not available on any Indian crypto exchange.
In addition, Binance also has the largest collection of cryptocurrencies on its platform i.e. over 500 cryptocurrencies and tokens are available for purchase on Binance. Fortunately, WazirX users who plan to purchase more cryptocurrencies that are not available on their platform, but available on Binance, can do so by simply linking their Binance and WazirX accounts. Since WazirX is partly owned by Binance, users can freely transfer funds and cryptocurrencies between the two exchanges. Read on to learn how to transfer money from WazirX to Binance.
How to transfer money from WazirX to Binance?
Transferring money from WazirX is a fairly straightforward process. Before you do anything else, you need to make sure that they have an account on both WazirX and Binance. Once users set up their accounts on WazirX and Binance, transferring funds between the two becomes easy. Read on for a step-by-step process to transfer coins from WazirX to Binance.
- Go to Binance and open “Wallet”. Under Wallet, users will be able to see the option “Third party account”.
- Click on the “Third party account” option. Once you click on it, a new page will open where you will have the option “WazirX” with the button “Activate”. Click on it.
- Now you will be able to login with your Binance account to your WazirX profile.
- Once your Binance account is linked to your WazirX account, go to the WazirX app.
- Go to the funds and choose the cryptocurrency you want to send to Binance.
- Click on the cryptocurrency and click withdraw.
- You will see an option to transfer the cryptocurrency to Binance.
- Use the option to transfer funds and cryptocurrencies from WazirX to finance. You can also watch the video above to get a clear idea of the process.