WazirX Unveils AI Trading Assistant to Simplify Crypto Trading Process

Indian cryptocurrency exchange WazirX has launched an AI trading assistant that combines market research, portfolio analysis, and trade preparation in a single conversational interface. The tool, called WazirX AI, is integrated into the company's app and website and allows users to ask questions about live crypto prices, market news, and macroeconomic developments.

The AI assistant uses an 'Ask-Understand-Decide' model, coordinating market data, technical analysis, portfolio, and order management functions across multi-step requests. According to Nischal Shetty, founder of WazirX, the tool streamlines the workflow, enabling a faster and easier decision-making process.

WazirX AI supports spot and futures trading, market and limit orders, short positions, and pair-specific maximum leverage. It also uses live WazirX price data and is available to users on Android, iOS, and the web. The company has launched a paper-trading sandbox that gives users a simulated $100,000 balance, allowing them to test strategies before committing real funds.