Cryptocurrency Q&A Is WazirX owned by Binance?

Is WazirX owned by Binance?

Alessandra Alessandra Thu Oct 17 2024 | 6 answers 1312
I'm curious about the ownership of WazirX. Specifically, I want to know if WazirX is owned by Binance, as there seems to be some connection between the two in the cryptocurrency world. Is WazirX owned by Binance?

6 answers

SeoulSoul SeoulSoul Sat Oct 19 2024
This claim was seemingly corroborated by a blog post from Binance, further solidifying WazirX's narrative of being part of the Binance ecosystem.

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benjamin_cole_nurse benjamin_cole_nurse Sat Oct 19 2024
However, in a stark contrast to WazirX's assertions, Binance has issued a clarification, categorically denying any ownership, control, or operational involvement with WazirX.

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EnchantedNebula EnchantedNebula Sat Oct 19 2024
This denial encompasses the entirety of WazirX's operations, extending before, during, and even after a speculated cyber attack in July 2024, casting doubt on the validity of WazirX's earlier statements.

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KatanaSharp KatanaSharp Sat Oct 19 2024
The discrepancy between WazirX's and Binance's narratives highlights the complexities and potential misinformation within the cryptocurrency industry, where clarity and transparency are paramount.

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SeoulSerenitySeekerPeace SeoulSerenitySeekerPeace Sat Oct 19 2024
WazirX, a cryptocurrency exchange, made a public announcement in 2021, claiming its acquisition by Binance, a prominent player in the digital asset space.

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