Crypto exchange WazirX enables profit and loss feature for users. details here

India-based crypto exchange platform, WazirX, which allows users to buy, sell and trade various crypto assets like Bitcoin, Ether, Litecoin, has enabled profit and loss feature for its users, according to a blog post. stated in. monday.

WazirX wrote to its users in the announcement blog post, “After much conceptualization, engineering, research and design, we are finally ready to announce the much anticipated Profit & Loss feature. We have made sure that all your recommendations and requirements are taken into account. has been placed in.”

This feature is intended to enhance the trader experience and help users to see the profits and losses they earn during their crypto journey with WazirX. “This feature minimizes the work users have to do to calculate their profit/loss manually after viewing the trading report. Users can now view their portfolio with the full P&L, average buy for each asset, and P&L. Can view along with various other advanced models to calculate &L. The feature has a simple yet powerful UX design. In addition, ‘P&L View’ can also be customized for assets/tokens.” crypto exchange added.

Users had been anticipating the launch of this feature for a long time and provided their insights to the company when it was introduced for beta testing. And now, the product team at WazirX has finalized and perfected the feature to offer it to all users.

Rajagopal Menon, VP Marketing, WazirX, said, “To ensure that our traders have a comprehensive view while investing in assets and also have an awareness of the performance of their portfolio holdings so that they can easily take their next steps in the market. We have introduced the much awaited P&L feature. The WazirX calculator is best in class and takes into account Average Purchase Price (ABP), Invested Value and Unrealized P&L (Profit and Loss). There is a separate category – the effect of events other than trades – such as coins received as referral rewards, contest wins, crypto withdrawals, prizes and penalties.”

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