How to Withdraw Money from WazirX? | Step by Step Guide to Withdraw Funds from WazirX

Growing Investments in India over the previous years indicate that awareness of investing has risen dramatically in Indians. Several apps have made trading and dealing in Bitcoin and Cryptocurrency smoother for you. Yes, stocks are very common in India, and we all know about them, but cryptocurrency has had an immediate impact on Indians’ thinking in the last two to three years. So, in today’s article, we’ll discuss WazirX, an Indian trading program that allows us to purchase and sell cryptocurrencies. We’ll also learn about the application’s most significant feature: how to withdraw money from WazirX.

• Can we trust WazirX?
• How to add a Bank Account in the application for better payment facilities?
• How to Withdraw Money from WazirX App to Bank Account?
• Pros of WazirX App
• Is there any charge for withdrawing the money from the WazirX App?
• What is the primary motivation behind the creation of the WazirX App?
• Can we withdraw money from the WazirX Application?
• What is the timeframe for withdrawing money from WazirX?

How to Withdraw Money from WazirX App to Bank Account?

• Select Funds from the menu bar at the top of the screen.
• Click the Withdrawal tab underneath Indian Rupee.
• This step will be avoided if you’ve already linked your bank account. If you haven’t already, join your bank account by entering your banking information (the procedure of entering bank details has been explained above )
• Tap Withdrawal after entering the Amount and Additional Notes.

Refer Similar: How to Withdraw Money from Dream 11

Can we trust WazirX?

Trade of cryptocurrencies WazirX’s founders are relocating to Dubai, but ‘business as usual’ at the Indian headquarters. Unless they are required to travel for formal reasons, employees can work from anywhere, according to the organization. Mumbai is the headquarters of WazirX. In terms of security, WazirX appears to perform regular auditing to guarantee that the platform is well-protected. This is reflected in the security rating they earned.

How to add a Bank Account in the application for better payment facilities?

• Write your nickname as a new payment option.
• Enter your bank account number twice Times for better verification and results.
• Write down the IFSC code of your bank account.
• Click on your bank account, whether it is a savings or current account.
• Click on submit option.

Pros of WazirX App

• Easy to use.
• Simple and convenient interface.
• India’s leading cryptocurrency app with a high number of active users.
• WazirX is a multitasking app that provides several facilities in a single program.
• WazirX now costs its customers 0.2 percent trading costs, which would be the lowest fee of any platform in India. You can get a 50% reduction in transaction fees if you pay with WRX tokens. As a result, when you use WazirX tokens that have already been set aside for trading costs, we are effectively dealing for free.

Is there any charge for withdrawing the money from the WazirX App?

Yes, they use payment systems that are paid a premium to manage withdrawals almost instantly.

• Instant withdrawal effects: 10 INR per withdrawal (all taxes included).
• Withdrawals via NEFT: 5 INR per withdrawal, including all taxes
• You can withdraw up to 1 crore each day through NEFT, with a max limitation of 50 lakh per transfer, and 2 lakh via IMPS.

Also, Read: How to Deposit Money in Wazirx

FAQs on Withdraw INR from your WazirX Account

1. What is the primary motivation behind the creation of the WazirX App?

This app was created to address issues with cryptocurrency trading through a mobile application.

2. Can we withdraw money from the WazirX Application?

Yes, it is a simple technique. You can transfer the money whenever you desire since WazirX allows you to withdraw INR funds instantly and 24 hours a day, seven days a week.

3. What is the timeframe for withdrawing money from WazirX?

Your transactions will take up to 3 days to complete; if you are unable to withdraw money from WazirX within 72 hours, you should contact the assistance center.

Conclusion

As a result of today’s article, we can conclude that withdrawing money from the WazirX app is a pretty straightforward procedure. We have highlighted crucial procedures above that can assist us in withdrawing money from this app. You might be interested in the guide on How to withdraw money from ATM as well.