How to Link Binance Account With WazirX?
WazirX, the renowned cryptocurrency exchange forum of India, became a part of Binance in 2019. Soon after the acquisition, the platform offered joint services to the registered users who opted for linking their Binance and WazirX accounts. Get to know all about WazirX features, fees and more by reading WazirX reviews now. If you are a member of both of the media, you can link the accounts to make the best of the services. Read on to find out about the things you need to do to connect your WazirX and Binance accounts online.
How to Connect a Binance Account With WazirX?
Open an account with both WazirX and Binance by signing up separately with the two platforms. Login to the accounts at Binance and WazirX and navigate to Binance. Click on the Wallet section to select WazirX wallet. Click on the WazirX wallet to get access to the pop-up window that comes with the connection button.
Click on the “Connect WazirX” button in the pop-up window for connecting the accounts of Binance and WazirX. Now that the accounts are linked, it is time to initiate a fund transfer from one account to another. Visit the WazirX account and click on Funds to execute a fund transfer from the WazirX account to the Binance account. This action of fund transfer shall result in the transfer of the entire amount in USDT from the WazirX account to the Binance account at zero transaction cost.
The connection between the accounts of WazirX and Binance will provide every user with the following two advantages, as mentioned below:
- The users registered with Binance shall execute instant and transparent fund transfers between the accounts of Binance and WazirX.
- The users of Binance shall also log into their WazirX account by accessing the WazirX account directly from their existing Binance account.
What Happens to Binance When Connecting With WazirX?
Soon after the linkage of Binance and WazirX, the user shall notice a few changes in the Binance account. One shall be able to view the WazirX wallet option at the homepage of Binance. The Binance account will also offer the service of quick withdrawal of USDT into the wallet of WazirX. Therefore, after the connection of the accounts of WazirX and Binance, the registered user will be able to use the peer-to-peer wallet of WazirX to trade in cryptocurrencies like bitcoin and receive the proceeds directly into the registered bank account. The integration of the accounts shall enable the user to employ the peer-to-peer services of WazirX through the Binance account. The whole process of linking the accounts is highly secure due to the platforms’ KYC verification procedure. It is anticipated that this connection between Wazirx wallet and Binance shall resolve the fiat-crypto conversion crisis in India and other countries.
The connection between WazirX and Binance can certainly facilitate instant trading at cryptocurrency markets across the world. The registered users can initiate the transfer of USDT from their accounts of WazirX to their Binance accounts almost in an instant to sell the cryptocurrency assets and receive money, in exchange, directly to the bank account. One can purchase USDT from the P2P wallet of WazirX and transfer the amount to Binance to conduct trading and investment in more than 150 cryptocurrency assets.