Times Are Tough, So Are We!

12.08.2022 / Payment system news

Dear Tribe,

First of all, a huge Thank You to everyone standing headstrong in support of WazirX. We are taking all the steps in the best interest of our users and cooperating with government organizations at all levels.

Until now, most of you have been aware of the situation that occurred before us, and that’s a tough time to pass. But, we as an organization know one thing for sure, we are built on solid fundamentals. We became “India’s Most Trusted Bitcoin & Crypto Exchange” for a reason; it was no coincidence. We won the trust of our users back then, and we want to retain it today and in the future as well.

WazirX as an organization has always believed in being trustworthy, transparent, compliant, and supportive of its stakeholders. We have worked day-in and day out to continuously innovate our products and services and bring the best user experience. We have also been open about our intentions and the steps we take for our users.

In light of recent news about WazirX, we wanted to assure you that operations are being conducted as usual.Crypto and INR withdrawals are being processed normally. We wish to continue to serve you

— WazirX: India Ka Bitcoin Exchange (@WazirXIndia) August 7, 2022

When Your Team Supports You!

Going through tough times, tell a lot about who your well-wishers are, and we are highly obliged to see our team, who has taken it to Twitter and other social media platforms, to show their love, concern, and support.

Controversies come and go. But.Why @WazirXIndia has been one of the best things to happen in the Indian crypto ecosystem?An important case study for #web3 which teaches us a lot about the interplay of innovation, business, and government.A long thread.

— Dewansh (@dewanshparashar) August 8, 2022

I have worked with you from day 1 on WazirX and i can tell that you have done so much for indian crypto ecosystem during bad times. I have full faith in you and WazirX. I stand strong with you. Let the truth prevail

— Shardul Patel (@shardul18) August 5, 2022

India and Indians, we are a trust deficit society.We would rather trust an outsider, a stranger, with a bias towards Western (lately Eastern too) over Indian.This impacts the ability of Indian Founders to grow, scale and build a global company. #web3 #wazirx #binance

— R P (@rashmiranjan) August 8, 2022

A heartfelt thank you to each and every one of you!

When The Leaders Take The Stand!

An organization’s image is defined by its leaders. And, WazirX is proud of its leaders, who have always gone far and beyond to take our organization to the next level.

The founder and CEO of WazirX, Nischal Shetty, single-handedly ran a campaign #IndiaWantsCrypto for more than 1000 days and made Crypto mainstream in India’s Web3 history. This and more is what he is capable of! And we are grateful that you’ve trusted his journey and his vision.

Following are a few tweets by the torch bearers of WazirX. At this juncture, these are a must-share and read!

All said & done.We have never compromised on users, irrespective of how good or bad the situation is.From security, product, services to support.User’s funds are imp so we never used any lending services to earn profits hence we are solvent & our crypto withdraws are active

— Siddharth Menon | Tegro (@BuddhaSource) August 6, 2022

1/ Deal involved Binance Parent entityAfter some media reports on Binance structure, we asked about itWe were given an ambiguous answer that parent entity is under restructuringIt’s been many months, still waiting for Binance Parent entityCan Binance name Parent entity? https://t.co/5oehKqaTxp

— Nischal (Shardeum) (@NischalShetty) August 6, 2022

A Heartfelt Thanks!

Dear users, thank you for being supportive and standing with WazirX. In this challenging time, it is obvious to be panicked, and so is taking the right decision. We wish to serve you in a better way and want to assure you that your funds are safe with us!

pic.twitter.com/9GzoNF61yi

— WazirX: India Ka Bitcoin Exchange (@WazirXIndia) August 9, 2022