How WazirX looks today
Centralized (CEX). Country India. Established 2018. Trust rank 327. Reported 24h volume 3.88 BTC.
Coverage: 281 active pairs across 199 tradable assets. Liquidity profile: Low. Concentration: Moderately concentrated. Execution quality: Wide. Top ten pairs share 74.5%. Key pairs include BTC/INR, USDT/INR, ETH/INR, SHIB/INR. Leading pair BTC/INR. Median spread on leading markets 1.69%.
How to read the key metrics
Volume mix: INR is the largest tracked quote currency at about 83.1% of measured flow. Data scope: 283 tickers observed, with spread readings on 283 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. Wider spreads on the leaders can raise execution cost, so limit orders and patient routing often work better. To evaluate fit, use coverage, concentration, spreads, and the leading pairs list together, especially if you rely on fast fills.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy