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Questions tagged [wazirx app]

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Michele Michele Thu Oct 10 2024 | 6 answers 1098

Is the WazirX app legal in India?

The WazirX app, a crypto trading platform, has faced regulatory challenges in India but is still operational. However, its legality in India is subject to the country's evolving crypto regulations. Users should stay updated on the latest legal and regulatory developments regarding cryptocurrency trading in India to ensure compliance.

Is the WazirX app legal in India?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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