Categories: Payment system news

How to use the WazirX ‘Convert Crypto Dust’ feature?

Dear Tribe!

We are elated to be a part of your crypto journey. Please be assured that we at WazirX are here for you if you need any assistance. Also, in case you have any concerns after reading our guides, you can always reach out to us here.

WazirX Guides

  • How to open an account on WazirX?
  • How to complete the KYC procedure on WazirX?
  • How to add a bank account and deposit INR on WazirX?
  • How to deposit INR into your WazirX wallet through Mobikwik?
  • How to buy Crypto with the WazirX QuickBuy feature?
  • How to buy and sell Crypto on WazirX?
  • How to deposit and withdraw Crypto on WazirX?
  • How is the trading fee calculated on WazirX?
  • How to place a stop-Limit order?
  • How to download the trading report on WazirX?
  • How to use WazirX P2P?
  • How to use the WazirX Convert Crypto Dust feature?
  • What are the benefits of the WazirX referral feature and how to use it?
  • Which are the official WazirX channels, and how to reach WazirX Support?

What is Crypto Dust?

Dust refers to cryptocurrency balances having very low values. Dust balances are typically little, leftover amounts that are less than the minimum withdrawal or trading amount and, in certain cases, even less than the trading fee.

WazirX currently has over 250 tokens listed. If you trade numerous crypto assets, you could end up with dust balances in your wallet that you can’t withdraw or trade. By turning several unusable, tiny balances into a single usable token, the dust conversion function solves the problem of having several unusable balances.

You can use the dust conversion function to convert any remaining crypto balances to our utility token, WRX! Then, with WRX, you may trade, pay trading fees, participate in airdrops, and earn various other benefits that are only available to WRX holders! WazirX Web, Android, and iOS apps support dust conversion!

How to Convert crypto dust to WRX?

Mobile: 

  • Go to Account Settings
  • Select Convert Crypto Dust
  • Select the dust funds you would like to convert to WRX
  • Click on Convert
  • Confirm Conversion Request by clicking on Confirm
  • Web:

  • Go to Funds from the home page
  • Click on Convert to WRX
  • Select the dust funds you would like to convert to WRX
  • Click on Convert
  • Confirm Conversion Request by clicking on Confirm
  • Please note: You can convert balances with a valuation below 10 USDT to WRX once in every 24 hours. Currently, it is not possible to convert delisted coins.

    If you have any questions relating to this feature, let us know in the comments below. 

    Happy Trading!

    superadmin

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