Top 5 Movers on WazirX Futures today 📈
🚀 $LYN: +32.11%
🚀 $EVAA: +17.92%
🚀 $ESPORTS: +10.12%
🚀 $KORU: +9.68%
🚀 $SIREN: +8.94%
Which way are you leaning this week - long or short? 🤔 https://t.co/H9XR25A2ES
WazirX
Indian crypto exchange offering INR-settled futures with up to 150x leverage alongside spot markets listing
3.0/ 5
Our score
Fair
Coins listed
300
KYC required
Yes
What is WazirX?
WazirX is an Indian centralized cryptocurrency exchange offering spot trading and perpetual futures settled in Indian Rupees (INR). The platform supports more than 300 cryptocurrencies across INR and USDT pairs, serving over 15 million registered accounts.
Team and corporate background
The exchange was co-founded by Chief Executive Officer Nischal Shetty and Chief Technical Officer Sameer Mhatre, operating under Zanmai Labs Pvt. Ltd. Headquartered in India, the exchange is registered with the Financial Intelligence Unit India (FIU-IND).
Exchange mechanics and custody
The platform supports spot trading through standard order books and an instant execution feature called QuickBuy. Traders can access perpetual futures contracts denominated and settled in INR, with leverage reaching up to 150x. Automated trading and streaming market data are accessible via signed REST and WebSocket APIs. Digital asset balances are secured using third-party institutional custody provided by BitGo, combined with mandatory two-factor authentication on all user profiles.
Fees and regional access
Users can trade spot markets under standard pay-per-trade fee schedules or activate the WazirX ZERO subscription, which offers zero-fee spot trading across all 300+ coins for ₹99/month. Onboarding requires full identity verification (KYC), and fiat deposits are processed in INR through supported domestic payment channels including IMPS, NEFT, and RTGS. Services are targeted at residents of India.
Security track record and operational risks
WazirX suffered a cyberattack in 2024 that resulted in digital asset shortfalls. Following the 2024 cyberattack, the exchange is supporting creditor restructuring, including token rebalancing and Recovery Tokens. Users face counterparty risk, potential haircut losses stemming from ongoing restructuring proceedings, and high liquidation exposure inherent in derivatives trading with up to 150x leverage.
Founders
Nischal ShettyCEO
Sameer MhatreCTO
Best for:Indian crypto spot tradersINR-settled futures tradersHigh-volume traders using monthly subscriptions
Pros and cons
Pros
- FIU-IND registered crypto exchange operating in India
- Perpetual futures markets with leverage up to 150x
- Zero-fee spot trading available for ₹99 per month
- Supports direct INR bank transfers via IMPS, NEFT, and RTGS
- Selection of more than 300 supported cryptocurrencies
Cons
- Suffered a 2024 cyberattack leading to asset shortfalls
- User balances remain subject to ongoing restructuring and rebalancing
- Mandatory KYC prevents non-verified or anonymous trading
Our review
3.0/5
Fair
WazirX offers broad INR spot and futures trading for Indian users, but ongoing restructuring and court-supervised creditor repayments following a cyberattack remain significant risks.
WazirX is an Indian cryptocurrency exchange founded by Nischal Shetty and Sameer Mhatre. Registered with the Financial Intelligence Unit of India (FIU-IND), the platform lists more than 300 cryptocurrencies across INR and USDT pairs. Traders can access standard spot order books, instant transactions via QuickBuy, and INR-settled perpetual futures contracts with leverage reaching up to 150x.
A notable feature is the WazirX ZERO subscription program, which provides unlimited spot trading with zero trading fees for ₹99 per month. For standard trading, users can also settle fees using the native WRX token. The exchange supports direct Indian Rupee deposits and withdrawals through bank gateways using IMPS, NEFT, and RTGS, requiring mandatory identity verification (KYC) before any trading or fiat transfer occurs.
Platform custody is managed in partnership with institutional custodian BitGo, and accounts are secured with mandatory two-factor authentication and end-to-end encryption. However, the exchange has faced significant counterparty turbulence. Following the 2024 cyberattack, WazirX is supporting creditor restructuring after digital asset shortfalls. Creditors face token rebalancing calculations, a $30M cost reserve structure, and partial distributions through Recovery Tokens to address frozen balances.
WazirX suits Indian residents seeking a local fiat-onramp with extensive token selection and leveraged derivatives.
Specs
| Markets | Spot, Futures · unverified |
|---|---|
| Coins listed | 300 · unverified |
| Fiat deposit methods | Bank transfer · unverified |
| KYC required ⓘ | Yes · unverified |
| Mobile app | Yes · unverified |
| Licenses & registrations | FIU-IND registration, India · unverified |
| Security features | Mandatory two-factor authentication, End-to-end encryption, BitGo custody · unverified |
| Futures & perpetuals | Yes · unverified |
| Max leverage (x) | 150 · unverified |
| Referral program | Yes · unverified |
Not disclosed by the provider: Maker fee, Taker fee, Accepts US customers, Proof of reserves, Staking / earn, Copy trading, P2P market, Earn / savings products, User protection fund.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
INR perpetual futures
Trade crypto perpetual contracts denominated and settled directly in Indian Rupees with leverage up to 150x.
WazirX ZERO spot trading
Subscribe for ₹99 per month to access spot trading with zero execution fees across more than 300 coins.
QuickBuy portal
Execute instant purchases and sales of supported digital tokens using rupee cash balances.
Institutional BitGo custody
User asset storage is secured through institutional-grade custody architecture managed by BitGo.
Developer REST and WebSocket API
Connect algorithmic strategies with signed REST endpoints and live WebSocket data streams for spot and futures.
Inside WazirX
QuickBuy
An interface that lets users execute instant spot purchases and sales of cryptocurrencies using Indian Rupees.
Spot Trading
The main exchange order book supporting direct trading across INR and USDT markets with over 300 cryptocurrencies.
WazirX Futures
A derivatives trading platform offering INR-settled perpetual contracts with leverage up to 150x.
WazirX ZERO
A subscription model charging ₹99 per month for unlimited spot crypto trading without per-order exchange fees.
Public REST & WebSocket API
Developer endpoints providing live market data streams, order management, and account administration with IP whitelisting.
WazirX screenshots
What users say about WazirX
User discussions contain minimal direct feedback, consisting largely of promotional links, blog shares, and passing recommendations.
Based on 15 Reddit posts and comments from the last 12 months, checked Oct 21, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used WazirX? Share your experience below.
FAQ
Who founded WazirX?
WazirX was founded by CEO Nischal Shetty and CTO Sameer Mhatre.
Is KYC mandatory on WazirX?
Yes, completing the identity verification process is mandatory before depositing INR or trading on the platform.
What trading fees does WazirX charge?
Spot traders can pay standard per-trade fees or subscribe to WazirX ZERO for ₹99 per month to receive unlimited spot trading at zero fees.
Has WazirX suffered a security breach?
Yes, WazirX suffered a major cyberattack that prompted a court-supervised restructuring moratorium and creditor rebalancing plan under parent company Zettai.
Does WazirX have a native cryptocurrency?
Yes, WazirX operates the WRX token, which can be used to pay trading fees on the exchange.
What is the maximum leverage offered on WazirX Futures?
WazirX allows leverage of up to 150x on its INR-settled perpetual futures contracts.
Latest from WazirX on X
November sentiment check 👇
Top 5 Gainers on WazirX today 📈
🚀 $AGLD: +13.6%
🚀 $PHA: +5.88%
🚀 $YFI: +5.54%
🚀 $JASMY: +5.4%
🚀 $CFX: +5.08%
Which one is on your watchlist for this week? https://t.co/NhJRjzut0Y
🚀 $AGLD: +13.6%
🚀 $PHA: +5.88%
🚀 $YFI: +5.54%
🚀 $JASMY: +5.4%
🚀 $CFX: +5.08%
Which one is on your watchlist for this week? https://t.co/NhJRjzut0Y
All set for Day 2 at India Blockchain Week 🚀💙
cc: @IBWofficial https://t.co/TbLug3jc59
cc: @IBWofficial https://t.co/TbLug3jc59
$_____ will be coin of the month
Recent public posts from @WazirxIndia, shown as published. Not reviewed or endorsed by CryptoReview.
Latest from WazirX on Telegram
WazirX Announcements
Join
@wazirx · 96.8K subscribers
🪔 Iss Diwali, Khushiyaan Double. Trading Fees Half!
Introducing The Big Futures Fest on WazirX!
Enjoy 50% OFF on Futures trading fees across INR and USDT markets.
Maker Fees: 1 bps (0.01%)
Taker Fees: 2 bps (0.02%)
🗓️ 1st to 15th Nov 2026
👉 More details
Introducing The Big Futures Fest on WazirX!
Enjoy 50% OFF on Futures trading fees across INR and USDT markets.
Maker Fees: 1 bps (0.01%)
Taker Fees: 2 bps (0.02%)
🗓️ 1st to 15th Nov 2026
👉 More details
2.3K View on Telegram
Top 5 Movers on WazirX Futures today 📈
🚀 $BLESS: +41.15%
🚀 $PARTI: +32.53%
🚀 $SOLV: +13.16%
🚀 $RUNE: +6.89%
🚀 $NIL: +6.76%
Trade Futures 👉 wazirx.com/futures
🚀 $BLESS: +41.15%
🚀 $PARTI: +32.53%
🚀 $SOLV: +13.16%
🚀 $RUNE: +6.89%
🚀 $NIL: +6.76%
Trade Futures 👉 wazirx.com/futures
30th Oct Market Update 📈
» $BTC trades near $78.5K after briefly dipping below $77K, with $80K emerging as the next major resistance level amid broader market weakness.
» $ETH declines around 3.5% to $2,245, slipping below the $2,300 support level as traders watch the next key area near $2,200.
» $PARTI shows relative strength after breaking above its previous ₹3.8 resistance, while $BLESS faces selling pressure following a potential double-top formation near ₹1.3.
👉 Watch full update
» $BTC trades near $78.5K after briefly dipping below $77K, with $80K emerging as the next major resistance level amid broader market weakness.
» $ETH declines around 3.5% to $2,245, slipping below the $2,300 support level as traders watch the next key area near $2,200.
» $PARTI shows relative strength after breaking above its previous ₹3.8 resistance, while $BLESS faces selling pressure following a potential double-top formation near ₹1.3.
👉 Watch full update
3.1K View on Telegram
Top 5 Movers on WazirX Futures today 📈
🚀 $BEAT: +23.05%
🚀 $APR: +21.76%
🚀 $UAI: +14.19%
🚀 $HYPE: +13.71%
🚀 $LIT: +8.72%
Trade Futures 👉 wazirx.com/futures
🚀 $BEAT: +23.05%
🚀 $APR: +21.76%
🚀 $UAI: +14.19%
🚀 $HYPE: +13.71%
🚀 $LIT: +8.72%
Trade Futures 👉 wazirx.com/futures
3.5K View on Telegram
Recent posts from the official Telegram channel @wazirx, shown as published. Not reviewed or endorsed by CryptoReview.
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