WazirX, on Wednesday, November 26 introduced a new service hoping to rebuild its user-base in the aftermath of its 2024 hack. The troubled Indian exchange has launched an
unlimited trading subscription service for Rs. 99 a month. Users of this service will not be charged a fee in every order.
Explaining the feature, the exchange said that crypto traders don’t even realise paying upto 0.5 percent on each crypto trade – irrespective of the profit or loss situation that unfolds later.
“Trading fees add up quietly, and most traders don’t realize how much they end up paying by year-end. These fees eat into capital and reduce long-term returns,” the exchange said.
Nischal Shetty, the co-founder of WazirX shared the development on X, calling for India’s crypto community to buy the subscription and start building a “highly liquid INR market for crypto” in the country.
The feature is slated to go live on December 1, 2025. Existing WazirX account holders will be able to trade without a fee for the first fifteen days without even having to purchase the subscription, the exchange has announced.
“Once the Free Pass ends, both existing and new users can continue using WazirX ZERO or later move to Pay Per Trade, where a trading fee is charged on every order. This option stays available if you prefer it,” it added.
The development garnered mixed reactions on social media. While some expressed their distrust of the WazirX ecosystem, others encouraged the team to start afresh.
In October, WazirX’s restructuring scheme was approved in the second attempt by the Singapore High Court. The company will now initiate the process of reimbursing its users who lost their funds in the hack that drained the exchange off roughly Rs. 2,000 crore.