HomeNewsBusinessMoneycontrol makes tracking cryptocurrency easy through its association with WazirX

Moneycontrol makes tracking cryptocurrency easy through its association with WazirX

In association with WazirX, users will be able to easily track the listed cryptocurrencies on Moneycontrol; while simultaneously receiving real-time updates and daily news on cryptocurrency.

May 26, 2021 / 20:50 IST
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Gaining prominence rapidly, cryptocurrency is becoming one of the most popular digital assets and trading spaces. It is impossible to shy away from crypto-mania, which is already a trillion-dollar industry globally. While there is abundant information out there, having all of it from a reputed source and in a manner that is easy to find and track, is critical.

As India’s leading business and finance platform, Moneycontrol, has understood that cryptocurrency needs to be tracked, analysed for better use and trading. With this driving objective, Moneycontrol joins hands with WazirX, the country’s largest Bitcoin and cryptocurrency exchange. WazirX is also backed by Binance, the world’s biggest bitcoin exchange and altcoin crypto exchange in the world by volume, and this association will help users keep track of the meteoric rise of cryptocurrencies by listing it on their platform/website.

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With the launch scheduled in the next few months, the partnership will see them coming together in a product integration that will list all tokens on Moneycontrol website and app through an API powered by WazirX. It will allow users to track the movements of the cryptocurrency by visiting Moneycontrol and accessing each token from multiple touchpoints. With cryptocurrency’s popularity surging Moneycontrol will also curate a section called 'Cryptocontrol' which will be a one-stop destination for all the latest news and developments on cryptocurrencies and its related technology.

Sharing his thoughts, Mitul Sangani, COO, General News (Digital) at Network18 Media & Investments Limited, said, “Taking into account all the speculations and confusion revolving around cryptocurrencies, we see investors struggle to understand its working and investment process. We have bridged this gap by curating a section called 'Cryptocontrol' that will burst all the myths and perplexity around it as well as share the most relevant news about the same. By partnering with WazirX, one of the most reputed names in the crypto space, we look towards spreading awareness and providing clarity to our audience by helping them to track cryptocurrencies effortlessly and make informed decisions.”