WazirX are now, the first Indian crypto exchange to announce it, and today, WazirX are the first one to launch in India: Peer-to-Peer (P2P) transfer with the most awaited trading pair - USDT/INR!! With P2P, you cash in and cash out of crypto whenever you want, 24x7! ⚡️
An example of how WazirX P2P works:
If you want to sell your BTC worth $5000 which is equivalent to approximately ₹3.4 Lakhs INR, here’s what to do:
- Sell your crypto (BTC, in this case) for 5000 USDT. Your trades will execute instantly because our USDT market has great liquidity! Now since USDT is a stable coin, its value will not fluctuate like volatile cryptos.
- Put your 5000 USDT for sale on WazirX P2P
3.When someone comes to buy 5000 USDT on WazirX P2P, they will transfer ₹3.4 Lakhs to your bank account.