WazirX has introduced WazirX Zero, a new subscription-based trading model that removes per-trade fees entirely.
Announced on Nov. 26, the model allows users to trade unlimited volumes across more than 300 tokens for a fixed monthly charge of INR 99 (roughly $1).
Founder Nischal Shetty said the shift “resets the relationship” between exchanges and users by eliminating fee pressure on every order.
According to the company, the traditional percentage-based fee structure has long worked against traders, with costs compounding regardless of profit or loss.
WazirX said users executing repeated INR 10,000 ($112.08 approx.) trades often pay thousands of rupees each month, adding up to roughly INR 6,000 ($67.25 approx.) per year.
“No per trade transaction fees, no complexity, one clear charge,” Shetty said. “The goal is simple: enable users to trade without barriers, giving users what they want.”
The launch comes as the exchange continues rebuilding trust after its July 2024 exploit, when $234.9 million was drained in an attack attributed to North Korea’s Lazarus Group.
The breach triggered one of India’s largest crypto recovery processes, eventually routed through Singapore’s High Court.
WazirX’s parent company, Zettai Pte Ltd., led months of restructuring efforts, with more than 95% of creditors backing the recovery scheme before the court approved mid-August 2025.
Following the exploit, WazirX repeatedly said it was working on asset recovery and strengthening custody – later partnering with BitGo to add insured, institutional-grade safeguards.
Shetty said on Oct. 13 that the platform would:
“Set out on the next phase to work hard and create value for everyone.”
The exchange resumed trading on Oct. 24 with a phased restart, and the most recent update indicates that user fund distributions and the issuance of Recovery Tokens are underway as part of the court-approved plan.
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