Nugget: Onboarding 400 Million Users: The Path To Crypto Adoption In India
On-Boarding 400M Users: The Path to Crypto Adoption in India with Nischal Shetty of WazirX
Today we chat with Nischal Shetty, CEO of WazirX, one of India’s leading exchanges for buying cryptocurrencies like bitcoin. We discuss the opportunities for India's unbanked population; what's ahead for WazirX; the crypto regulatory landscape in India; the utility of WazirX’s WRX token; and plenty more! I always enjoy catching up with Nischal to learn how India's crypto industry and WazirX are going. #India #technology #Bitcoin
Follow Nischal: https://twitter.com/NischalShetty
Follow WazirX: https://twitter.com/WazirXIndia
Timestamps:
0:00 Update on WazirX exchange & DeFi entrance
4:00 Impact of banking regulations in India
5:00 India’s unbanked population
9:35 Building an AMM protocol with Matic Network
11:40 Managing traders’ short-term expectations
13:30 Key lessons that Nischal has learnt
16:05 Disclosing spot trading volumes
17:00 Why WazirX is so focused on user acquisition
19:30 Distributing WRX tokens to early adopters
23:10 Indian crypto industry’s involvement in building a regulatory framework
27:15 Big opportunities in India
29:05 Which cryptocurrencies are listed on WazirX?
30:10 WRX token utility & WazirX’s plans
33:10 USD Milkshake Theory & Digital Thickshake Theory
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❗ DISCLAIMER ❗
Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind.
Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.
The viewer should always:
1. Conduct their own research,
2. Never invest more than they are willing to lose,
3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.
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