WazirX Resumes Trading with Zero Fees in Phased Rollout

Published: 2025-10-24 10:06:40 |

Indian crypto exchange WazirX has resumed trading after a 15-month halt. The restart follows a managed, four-day phased rollout from October 24 to 27. Each day unlocks 25% of listed tokens, starting with the USDT/INR pair. Users can place orders from 10:00 AM IST and trade from 5:00 PM IST. To boost liquidity and participation, WazirX offers zero trading fees for 30 days. The fee waiver may extend based on user response. Active tokens show real-time prices; inactive tokens use CoinMarketCap reference rates. WazirX has updated listings, delisting assets that failed technical or transparency standards and processing swaps or merges. Crypto withdrawals will resume in phases, while INR withdrawals remain fully available. WazirX advises users to conduct liquidity checks on low-volume pairs. The exchange aims for full market stability and transparency by October 27.

Neutral

Short-term, the resumption of WazirX trading with zero fees and phased rollout should boost platform activity. However, USDT’s value remains stable due to its peg to USD. Long-term, improved liquidity and confidence on WazirX is unlikely to impact USDT’s price but could enhance overall stablecoin circulation. Therefore, the price impact on USDT will be neutral.