wazirx

#WazirX $WazirX
Crypto exchange WazirX has launched futures trading for users in India, introducing crypto derivatives on its platform with a new fee structure and additional onboarding requirements.
The company said its futures trading segment will charge a maker fee of 0.02% and a taker fee of 0.04%. It stated that these rates are among the lower fee structures available on Indian crypto exchanges and are not linked to trading volume thresholds.
WazirX said the move is intended to simplify access to derivatives trading for retail users by reducing conversion steps in the trading process.
Founder Nischal Shetty said the platform aims to make futures trading accessible across user segments by offering uniform fee rates. “A trader starting out on WazirX Futures gets the same fee rate as an institutional trader on most other platforms,” he said.
As part of the rollout, users are required to complete a mandatory knowledge assessment covering concepts such as leverage, margin, and liquidation before accessing futures trading. The company said the step is designed to support informed participation in derivatives markets. It also said it is expanding user education initiatives related to futures trading.
WazirX linked the futures product to its ongoing restructuring process, stating that profits generated from futures trading will be used to support additional recoveries for eligible creditors holding Recovery Tokens, in addition to previously completed fund distributions.
The company said the futures segment will be expanded in phases based on liquidity conditions, risk management requirements, and user readiness.