WazirX has launched WazirX AI, an AI-based trading assistant for researching crypto markets, reviewing portfolios and preparing trades from a single interface. WazirX said the tool is India’s first AI co-pilot for crypto trading and is available on Android, iOS and Web.
WazirX AI follows an ‘Ask-Understand-Decide’ model, combining market data, technical analysis, portfolio information and order management. Users can ask about prices, news and market developments, review their portfolio and prepare trades within the same conversation.
“Crypto markets operate 24/7, but traders should not have to spend their day moving between charts, news feeds and trading screens,” said Nischal Shetty, founder, WazirX. “WazirX AI combines market research, portfolio monitoring and trade preparation into one conversation, reducing the time and effort required to evaluate an opportunity and act on it. The AI streamlines the workflow, and enables a faster and easier decision making process.”
The AI assistant can provide live market information with charts and portfolio details such as account value, profit and loss and open positions. Users can also request a daily portfolio briefing.
For trades, WazirX AI prepares an order for user approval and can calculate position size based on the user's risk settings. It supports market and limit orders, short setups and pair-specific maximum leverage.
Users can also create alerts using natural-language instructions, such as asking to be notified when Bitcoin breaks a specified support level.
WazirX said users can ask the assistant to screen INR futures for four-hour momentum, filter results by a risk-reward threshold, check them across multiple timeframes and prepare an order with entry price, leverage, margin, stop-loss, take-profit and estimated loss.
WazirX has launched a Paper Trading Sandbox that gives users a simulated US$100,000 balance to test trading strategies without using real funds.
The AI uses live WazirX price data and supports spot and futures trading. WazirX AI and the paper trading sandbox are available to users across Android, iOS and Web.