News in Short
- WazirX has launched WazirX AI, an AI co-pilot for crypto research and trading.
- The tool can provide portfolio briefings, market research, technical analysis and trade preparation.
- Users can create Bitcoin and other market alerts using everyday language.
- A $100,000 paper trading sandbox lets users test strategies without using real funds.
- WazirX AI is available on Android, iOS and Web and supports spot and futures trading.
WazirX has launched WazirX AI, an AI-powered co-pilot designed to help users with crypto market research, portfolio tracking, technical analysis and trade preparation through a conversational interface.
The assistant follows an “Ask-Understand-Decide” approach. Users can ask questions about live prices, market news and macroeconomic developments, receive insights with supporting charts and prepare trades from within the same interface.
WazirX AI Supports Portfolio Briefings and Market Alerts
WazirX AI can provide users with live portfolio briefings covering their WazirX balances, portfolio value, profit and loss, and open positions. Users can also request a daily morning portfolio briefing.
The assistant also supports alerts through everyday language. For example, users can ask WazirX AI to notify them if Bitcoin breaks a particular support level. The tool then monitors the specified condition and sends an alert when it occurs.
WazirX says the AI can coordinate market data, technical analysis, portfolio information and order-management tools across multi-step requests.
Users can also ask the assistant to screen INR futures for four-hour momentum, filter opportunities based on a specific risk-reward ratio and validate them across multiple timeframes. It can then prepare an order with details such as the entry price, leverage, margin, stop-loss, take-profit and estimated loss.
Paper Trading Sandbox Lets Users Test Strategies
WazirX has also introduced a Paper Trading Sandbox with a simulated $100,000 (around Rs. 95.7 lakh) balance. The feature allows users to test trading strategies without using real funds.
The AI co-pilot supports spot and futures trading, real-time WazirX price updates, market and limit orders, short setups and maximum pair-specific leverage.
WazirX AI has rolled out across Android, iOS and Web. The paper trading sandbox is available to all users.