Despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India, WazirX — the Indian cryptocurrency exchange recently acquired by Binance — launched its WRX coin through an initial exchange offering on Binance Launchpad. On Feb. 5, 2020, WRX coin became available for live trading on Binance. The move was dubbed as a big achievement for the Indian crypto industry, as it will likely lead to global recognition.
Earlier, Cointelegraph reported that the 9,033 winners of WazirX’s token sale on Binance Launchpad were announced. Over 20,000 users participated and more than 136,000 tickets were claimed.
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