Is wazirx an Indian exchange?

"Earlier, their Managing Director Nischal Shetty had claimed that WazirX is an Indian Exchange which controls all the crypto-crypto & inr-crypto transactions and only has an IP & preferential agreement with Binance.

Does wazirx support off-chain funds?

Effective from 11th August 2022 7:30 AM IST, WazirX will cease to support off-chain fund transfers between WazirX and Binance via the "Login with Binance" option. Users will still be able to deposit and withdraw balances via the standard on-chain withdrawal and deposit process.

Does Binance own wazirx?

Binance was believed to be the owner of WazirX, but its CEO denied the claim on Twitter. "Binance does not own any shares in Zanmai Labs, the entity operating WazirX and established by the original founders," Zhao said. Referring to a blog post announcing a proposed acquisition in November 2019, Zhao said the deal was never completed.

Is Zerodha overtaken by wazirx?

While Coinswitch Kuber claims it has a userbase of 11 million, WazirX said it has a userbase of 8.5 million India’s largest stockbroker Zerodha has been overtaken by some of the country’s popular crypto exchanges in the number of users. Zerodha has a little over 7 million users, of which almost 5 million are active users.