Tag

wrx

Browsing

One of the largest crypto exchanges of India, WazirX was recently all over the news for all the wrong reasons. As per the GST department of the Mumbai zone, an investigation was led against WazirX to look into its accounts where it had spotted an alarming tax discrepancy of about Rs 40.5 crore. Well, the issue was settled immediately as WazirX quickly cleared the outstanding tax along with the penalties which rounded up to a…

Oftentimes, when we decide to withdraw or deposit crypto in our account, we are asked for a field termed as MEMO. If you are new to this, you might not be sure what exactly is MEMO and what’s the use of this field while transferring cryptocurrency from one wallet to another. Image Credits: WazirX Web App Today, I will explain in short what is termed as MEMO and why mentioning it while transferring funds is…