WazirX Resumes Trading After a Year, Launches Zero-Fee “Phased Restart” to Regain User Trust
Bengaluru, October 25 (TNA) After more than a year of suspension following a major security breach, WazirX has officially resumed trading operations in India. The crypto exchange announced a “phased, transparent restart,” offering zero trading fees across all markets for the first 30 days to rebuild user trust and market liquidity.
The relaunch, approved by a Singapore court earlier this month under WazirX’s restructuring plan, marks a crucial comeback for India’s crypto industry. The platform aims to unlock nearly ₹4,000 crore in frozen investor funds while gradually restoring full trading and withdrawal access.
Trading began Friday with around 25% of tokens activated, starting with the USDT/INR pair. INR withdrawals are already live, while crypto withdrawals will reopen in stages. Some users, however, have reported difficulty withdrawing funds, with WazirX assuring full access by October 30 if its outlined 10-day business timeline holds.
The company said the phased rollout is designed to ensure technical stability, restore liquidity safely, and provide a reliable trading experience. As India’s crypto community closely watches WazirX’s return, the exchange’s comeback could become a key test case for investor confidence in the recovering digital asset sector.
