“We will be continuing to work towards furthering crypto adoption, lowering the barrier to entry.
One of the main goals is to add more fiat currencies to Binance and work with local partners to add as many fiat-to-crypto pairs as possible.”WazirX users will now be able to buy and sell crypto using the Indian currency on the Binance Fiat Gateway.
Nischal Shetty, founder of WazirX, will continue to run its operations independently from India.
The next phase of mass adoption for crypto will arise from developing nations.
India, with more than a billion people, is primed for massive crypto adoption,” said Shetty.The native WazirX token (WRX) is currently available through trade mining, signups and an upcoming token sale is also under consideration. | To read full story, visit https://startuparound.com/read/1574307004.8137703/Binance-acquires-Mumbai’s-bitcoin-exchange-WazirX?ref=audio_experience