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WazirX Announcements

Channel address: @wazirx
Categories: Cryptocurrencies
Language: English
Subscribers: 146.04K
Description from channel

The official announcement channel of WazirX - Building India's most trusted Bitcoin & Cryptocurrency exchange

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The latest Messages 52

2022-08-13 21:43:16 Channel photo updated
18:43
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2022-08-11 15:36:15 WazirX Announcements pinned «On-chain deposits for the following coins are enabled https://support.wazirx.com/hc/en-us/articles/4848912251674»
12:36
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2022-08-11 15:35:39 On-chain deposits for the following coins are enabled

https://support.wazirx.com/hc/en-us/articles/4848912251674
68.0K views12:35
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2022-08-10 09:19:07 Based on recent developments and the announcements made by Binance, we have made few changes in the fund transfer process between WazirX and Binance.

Read this to know more

https://support.wazirx.com/hc/en-us/articles/4844443665434
82.0K views06:19
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2022-08-09 19:33:08
66.7K views16:33
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2022-08-09 14:44:01 We're delisting BRD/USDT. We'll stop:

Trading & deposits on 10th August 2022 at 10 AM IST

On-chain Withdrawals of these tokens from WazirX will continue to be supported until 12th November 2022

More info

https://support.wazirx.com/hc/en-us/articles/4841962602778
53.3K views11:44
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2022-08-09 13:47:14 In light of recent developments, we have noticed that users are opting to withdraw their funds to international exchanges. However, in the process, they may unknowingly be non-compliant.

International exchanges do not have TDS frameworks in place. Most of them have no visibility over the user's real identity or the scale of transactions. Thus, putting the onus of deducting TDS on the individual, which is nearly impossible.

Please note it is mandatory for the buyer (whether resident of India or not) to deduct 1% (5% in some cases) of the amount paid to the Indian seller for transactions more than Rs.10,000.The Central board of direct taxes in a notice dated June 22 mandates a person who is responsible for paying any resident any sum by way of consideration for transfer of crypto to deduct an amount equal to 1% of such sum as income tax thereon.The tax deduction is required to be made at the time of credit of the sum to the account of the resident or at the time of payment whichever is earlier.

WazirX has a framework for complying with the TDS as per government notification. We request the users not to panic and take the right decision.

Your funds are safe with us
53.6K views10:47
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2022-08-09 10:11:14 We're delisting EZ/INR & EZ/USDT. We'll stop:

Trading & deposits on 11th August 2022 at 10 AM IST

Please ensure to withdraw these tokens until 12th November 2022 from WazirX to avoid loss of any funds

More info
https://support.wazirx.com/hc/en-us/articles/4841302310426
46.9K views07:11
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2022-08-08 19:00:01 Users can continue to use the onchain deposits and withdrawals on WazirX.
60.2K views16:00
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2022-08-07 16:06:09 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
55.0K views13:06
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