How to create a crypto wallet? - WazirX

4 min. readlast update: 03.05.2024

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Cryptocurrencies have become a game-changer in the financial world. Creating a crypto wallet is the first step toward the vast world of digital assets. 🪙

In this step-by-step guide, we'll show you how to register your crypto wallet with Wazirx, one of the leading platforms in the industry and India's most trusted and popular cryptocurrency exchange platform. Let's dive in!

🤔What is WazirX? 

WazirX is the most trusted and populat cryptocurrency exchange in India. It provides a platform for users to buy, sell, and trade a wide range of digital assets, such as Bitcoin, Ethereum and Litecoin. 

WazirX has become the go-to platform for crypto enthusiasts in India because of its strong security measures, extensive selection of cryptocurrencies and speedy transactions. The best part - It's very practical and user-friendly!

⚙️Setting Up your account

🔗 You can access the platform using this link: https://wazirx.com/.

Registering in WazirX is very simple! It consists of three parts: signing up, setting your security system and uploading your KYC verification documents. Here's howto do it: 

  • Go to this link or click 'Register' on WazirX's main page.

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  • Fill in your email and create your log in password. Confirm that you agree to WazirX's Terms of Service and click 'Sign Up.'

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  • Enter the 6-digit verification code sent to your email and click 'Submit.'

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 🔐Enabling 2FA Authentication with WazirX

Enabling two-factor authentication in your WazirX account is crucial to protect your assets and personal data. Here's how to do it with the app Google Authenticator:  

  • Select 'Authenticator app' in the 'Security' section during registration. 

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We always recommend Google Authenticator. However, you can also set your 2-factor authentication via Authy app or phone number.   
  • You will now see a QR code on your screen.  

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  • Download the Google Authenticator app to scan the QR code. 

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You need help downloading the app? Visit this article for detailed instructions. 
  • Open your Google Authenticator app, click the '+' button, and scan the QR code.

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  • Go back to WazirX and click 'Next.' Enter the code generated in the Authenticator app to confirm your security setting

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📸Identity Verification

Verifying your Wwallet ensures your account's security, allowing you to access all features hassle-free! Before buying crypto, you will have to complete a fast identity verification process. Here's how: 

  • During registration, select your country of residence and click 'Complete KYC.'

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  • Fill in your personal information: first, middle, and last name; date of birth; address; state; city; and zip code. 

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  • Fill in you Pan Card number and take a picture of your document by clicking 'Capture.'

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  • Select your Identity Document (Passport, Driver's License, or Aadhar Card). Fill in your document number and upload a picture by clicking 'Capture.'

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  • Now you will have to upload a selfie or a photo of your face. Click 'Capture' to take the picture.  

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  • After you upload all the required documents, click 'Submit for verification.'

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🎉Great! You have registered a WazirX account, set your security system and uploaded your KYC. You can read more about the registration process in this article. ✅Now you are all set to start buying crypto! 

 

💰Buying Crypto in Wazirx

Buying crypto with Wazirx is very easy - you can use fast payment methods such as UPI and IMPS. We always recommend buying USDT. Here's a short video tutorial on how to do it: 

➡️Transfer funds from WazirX

After purchasing crypto in WazirX, you can withdraw your digital currencies to different wallets or exchanges. You can also top up you Olymp Trade balance with this function. Here's an article where you will find the instructions to withdrawal cryptocurrencies using your WazirX wallet. 

Are you ready to deposit with WazirX in Olymp Trade? Check out this article, where we guide you step-by-step to top up your trading balance with USDT!

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