WazirX is set to resume trading operations starting 24 October 2025 . As part of the restart, WazirX is offering zero trading fees (“0%...
WazirX is set to resume trading operations starting 24 October 2025.
As part of the restart, WazirX is offering zero trading fees (“0% trading fees”) across all trading pairs for the initial period.
The relaunch will be done in a phased rollout over four days (24th–27th Oct) to enable tokens gradually, starting with crypto-to-crypto pairs (USDT markets) and select INR pairs (initially USDT/INR).
The restart follows a long pause in operations — WazirX had halted most trading and withdrawals after a major cyberattack (approx. USD 230 million stolen) in mid-2024.
A restructuring plan overseen by the parent company (Zettai Pte. Ltd.) and approved by creditors and the Singapore High Court has cleared the way for this relaunch. Cointelegraph+1
✅ Why it matters
Resuming operations with zero fees is a significant move to regain user activity and confidence. It lowers one barrier to participation.
The phased approach suggests WazirX is being cautious: technical systems, liquidity, and risk controls are being tested before full scale. The Cryptonomist+1
The restructuring plan and court approval are key — they mark the transition from crisis mode (hack + suspended services) into recovery and reopening.
For the Indian crypto market, the relaunch of a major local exchange like WazirX is a signal that infrastructure can bounce back after major incidents.
⚠️ What to watch / user considerations
Although trading restarts, withdrawals and full functionality may not immediately operate at pre-hack levels. The phased plan means some pairs or features may remain offline or limited.
“Zero trading fee” is likely limited in time (WazirX mentions for at least 30 days) and may have conditions.
Token availability is incremental: On Day 1 only a subset of tokens (USDT pairs) go live, other markets and pairs follow. Users must check which pairs are live. WazirX
Past event: the hack of around USD 230 million (or ~USD 234 million in some sources) remains a backdrop, including ongoing recovery efforts for affected users.
As usual with crypto exchanges, users should remain aware of risk: system and regulatory risks remain, and the “restart” does not guarantee past levels of reliability or liquidity immediately.
🔍 Additional points / contextual background
The hack occurred in July 2024, caused WazirX to suspend withdrawals & trading.
WazirX announced a partnership/upgrade to security infrastructure (e.g., with custody provider BitGo) to strengthen security post-incident.
The restructuring scheme involved “recovery tokens” being issued to affected creditors/users to handle part of the reimbursement via future earnings of the platform. Cointelegraph+1
According to WazirX’s own blog, they have posted user-checklists, “Mistakes to avoid”, explanations of slippage/arbitrage warnings for the restart day — indicating they expect some turbulence. WazirX
📌 Summary
In short: WazirX is making a comeback. After a major hack and long operational freeze, the platform is restarting trading on 24 October 2025, with an initial promotional zero-fee window, and a phased token enablement schedule. The relaunch is backed by a restructuring plan and enhanced security measures. For users, this is a positive sign of revival — though caveats remain around full feature-restoration, token coverage, and the transitional nature of the relaunch.
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