One of the most popular cryptocurrency exchanges in the country, WazirX is the go-to application if you want to begin crypto trading and investing. Read the article to know how to deposit money on WazirX.
WazirX is one of the fastest growing cryptocurrency exchanges in India and it has millions of users already. Known for its simple and clean interface, WazirX works best with both beginner and advanced crypto investors.
What makes WazirX stand out from its other competitors is its access to in-depth charts and analysis of each crypto coin. Being a relatively new financial instrument, the valuable information can go a long way to help new investors make decisions regarding their money.
At WazirX, you can trade in 100s of crypto coins, and depositing and withdrawing money is as easy as 1-2-3.
How To Deposit Money In A WazirX Through Mobile App?
Steps to Deposit Money in a WazirX Through Mobile App:
- Step 1: Open the WazirX app, and enter your credentials. You will be taken to the dashboard page, which will display all coins along with their prices.
- Step 2: Click on Funds, on the button right of the screen.
- Step 3: In this screen, click on the deposit option underneath the INR balance.
- Step 4: Click on the ‘Deposit’ Button on the bottom of the screen.
- Step 5: Choose the mode of deposit (Netbanking or Wallet Transfer or P2P).
- Step 6: Enter your bank account details through which you want to deposit money or your UPI Id through which you want to fund the account.
- Step 7: Click on Submit.
Note: If you are adding money through bank account then money will be deposited but if you adding money through UPI then go to UPI app and approve the amount then money will be deposited into WazirX account.
Also Read: Is WazirX Safe and Legal to Buy & Sell Cryptocurrency?
How To Deposit Money In WazirX Through Desktop?
Steps to Deposit Money in a WazirX Through Desktop:
- Step 1: Go to WazirX Website.
- Step 2: Login to your WazirX Account. You will be taken to the initial dashboard screen.
- Step 3: Click on Funds on the top left.
- Step 4: Besides the ‘Rupee‘ option, click on Deposit.
- Step 5: Choose the mode of depositing the funds.
- Step 6: Enter your bank account details through which you want to deposit money or your UPI Id through which you want to fund the account.
- Step 7: Click on Submit.
Note: If you are adding money through bank account then money will be deposited but if you adding money through UPI then go to UPI app and approve the amount then money will be deposited into WazirX account.
Time Taken To Deposit Money In WazirX
Most deposits on WazirX happen instantly, but depending on the bank in which your account is, the deposits may take anywhere between 1 hour to 72 hours. If it goes longer than this, contact customer support of WazirX as well as your bank.
Conclusion
Depositing money in your WazirX account is a piece of cake. The app is highly intuitive so you should easily find the options to deposit your money in. Once you do that, make sure you invest it wisely on the coins. Study the cryptocurrency and the platform thoroughly before investing.
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