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The terms ‘WazirX, CoinDCX and Zebpay’ sometimes mentioned in the news recently are related to:
  • a)
    Exoplanets
  • b)
    Mini satellites
  • c)
    Cryptocurrency exchanges
  • d)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The terms ‘WazirX, CoinDCX and Zebpay’ sometimes mentioned...
Users of India’s largest cryptocurrency exchanges, WazirX and CoinDCX, had a tough time due to outages as Bitcoin plunged over 30%, wiping out over $500 billion in value from the coin’s peak market value.
  • Several cryptocurrency exchanges have now come up in the country that enable buying, selling and trading in several cryptocurrencies. Cryptocurrency exchanges offer ease in trading by offering functionality through user-friendly applications or websites.
  • Some of the most popular cryptocurrency exchanges in India are WazirX, CoinDCX, Zebpay and UnoCoin.
  • Hence, option (c) is the correct answer.
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The terms ‘WazirX, CoinDCX and Zebpay’ sometimes mentioned in the news recently are related to:a)Exoplanetsb)Mini satellitesc)Cryptocurrency exchangesd)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
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