How to Use WazirX App to Buy and Sell Cryptocurrency

Introduction

Cryptocurrency adoption in India has grown at a massive pace, with millions of new investors entering the market each year. Among the many crypto exchanges available, WazirX has emerged as one of the most popular platforms for buying, selling, and trading digital assets. It is widely used because of its simple interface, fast transactions, P2P options, and wide range of supported cryptocurrencies.

If you’re a beginner who has just downloaded the WazirX app, this guide will take you step by step through the process of creating an account, completing KYC, depositing money, buying crypto, selling crypto, and withdrawing funds safely.

How-to-Use-Wazir-X-App-to-Buy-and-Sell-Cryptocurrency

Why Choose WazirX for Cryptocurrency Trading?

Before we get into the step-by-step tutorial, let’s understand why WazirX is trusted by millions of users in India.

  • Regulated & Trusted Platform – WazirX is one of the most compliant and transparent crypto exchanges in India.
  • User-Friendly App – Simple interface designed for both beginners and experienced traders.
  • Large Crypto Selection – Supports more than 250 cryptocurrencies including Bitcoin, Ethereum, Ripple, Dogecoin, and many altcoins.
  • P2P Exchange – Allows users to directly buy and sell crypto using INR without depending on traditional banking.
  • High Liquidity – Fast transactions due to a large number of active traders.
  • Security Measures – Advanced security including 2FA, withdrawal whitelist, and cold wallet storage.

Step 1: Download and Install the WazirX App

The first step is to install the app on your smartphone.

  1. Go to Google Play Store (Android) or App Store (iOS).
  2. Search for “WazirX” and download the official app.
  3. Once installed, open the app and click on Sign Up.

Step 2: Create Your WazirX Account

To start trading, you need to create an account.

  1. Enter your email address and create a strong password.
  2. Accept the terms and conditions.
  3. You’ll receive a verification link in your email. Click on it to activate your account.

Tip: Always use a strong and unique password, and enable two-factor authentication (2FA) for extra security.

Step 3: Complete KYC Verification

KYC (Know Your Customer) is mandatory for buying and selling cryptocurrencies in India.

  1. Log in to the app and go to the KYC Verification section.
  2. Enter your personal details – full name, date of birth, and address.
  3. Upload your government ID (Aadhaar, Passport, or Driving License).
  4. Upload a selfie for face verification.
  5. Submit the details for approval.

KYC usually gets approved within 24-48 hours. Without KYC, you can only explore but not trade.

Step 4: Deposit INR in WazirX Wallet

Once KYC is approved, you can fund your account. WazirX provides two ways:

  1. Bank Transfer (IMPS/NEFT/RTGS) – You can deposit directly from your bank account.
  2. UPI Payment – Fastest way to deposit using Google Pay, PhonePe, or Paytm.

Steps to Deposit INR:

  • Go to Funds → INR → Deposit.
  • Choose your preferred payment method.
  • Enter the amount and complete the payment.

Step 5: How to Buy Cryptocurrency on WazirX

Now comes the exciting part – buying your first cryptocurrency.

  1. Open the app and go to the Exchange tab.
  2. Choose the cryptocurrency you want to buy (e.g., Bitcoin).
  3. Select Buy.
  4. Enter the amount in INR or the quantity of crypto you want.
  5. Confirm the order.

The crypto will instantly appear in your WazirX Wallet once the purchase is completed.

Step 6: How to Sell Cryptocurrency on WazirX

Selling is just as easy as buying.

  1. Open your Wallet and select the cryptocurrency you want to sell.
  2. Click on Sell.
  3. Enter the amount you want to sell.
  4. Choose INR as the payment method.
  5. Confirm the sale.

Once the sale is completed, your INR balance will be updated in your wallet.

Step 7: Withdrawing Money from WazirX

After selling crypto, you can withdraw your funds back to your bank account.

  1. Go to Funds → INR → Withdraw.
  2. Enter the amount you want to withdraw.
  3. Confirm the withdrawal request.
  4. Money will be transferred to your linked bank account within 24 hours.

Step 8: Using WazirX P2P (Peer-to-Peer)

One of the most popular features of WazirX is its P2P trading system, where you can buy USDT directly from other users using INR.

  • Buy USDT – Choose how much you want to buy, and WazirX matches you with a seller. You pay via UPI/Bank transfer and get USDT in your wallet.
  • Sell USDT – WazirX matches you with a buyer. Once the buyer pays you in INR, WazirX releases USDT to them.

This is very useful when bank deposits or withdrawals face restrictions.

Security Tips for WazirX Users

Since crypto involves financial risks, here are essential safety practices:

  • Always enable 2FA (Two-Factor Authentication).
  • Use a strong password and never share it.
  • Withdraw crypto to a private wallet for long-term storage.
  • Avoid using public Wi-Fi while trading.
  • Be cautious of scams and phishing emails.

Advantages of Using WazirX App

  • Easy and smooth interface for beginners.
  • Multiple payment methods.
  • Large number of supported cryptocurrencies.
  • Highly liquid markets.
  • Mobile app + Web version both available.

Common Mistakes Beginners Should Avoid

  • Investing without research.
  • Falling for pump-and-dump groups.
  • Keeping all funds only in the exchange wallet.
  • Ignoring transaction fees and hidden charges.
  • Trading emotionally without a strategy.

Conclusion

WazirX is one of the best crypto trading apps in India for beginners and professionals alike. With its simple design, fast deposits, reliable withdrawals, and P2P system, it gives users a safe way to enter the world of cryptocurrency.

If you are just starting out, follow the steps in this guide – create an account, complete KYC, deposit INR, buy crypto, sell crypto, and withdraw safely. Always remember to focus on security and responsible investing while exploring the exciting opportunities of crypto.

FAQs about Using WazirX App

Q1. Is WazirX legal in India?
Yes, WazirX is a legal platform for trading cryptocurrencies in India. However, crypto is not regulated as legal tender.

Q2. What is the minimum deposit in WazirX?
The minimum deposit amount can vary, but usually starts from ₹100 to ₹500.

Q3. Can I withdraw crypto directly to my bank account?
No, crypto cannot be withdrawn directly to INR. You need to sell it first for INR, then withdraw to your bank.

Q4. Is WazirX safe for storing crypto?
Yes, it has strong security, but for long-term storage, using a hardware wallet is recommended.

Q5. Can I use WazirX without KYC?
You can register without KYC, but you cannot deposit, withdraw, or trade until KYC is completed.

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