Crypto firm launches zero-fee buying and selling with $1 subscription

WazirX has launched WazirX Zero, a brand new subscription-based buying and selling mannequin that removes per-trade charges solely.

Introduced on Nov. 26, the mannequin permits customers to commerce limitless volumes throughout greater than 300 tokens for a set month-to-month cost of INR 99 (roughly $1).

Founder Nischal Shetty mentioned the shift “resets the connection” between exchanges and customers by eliminating charge stress on each order.

In keeping with the corporate, the normal percentage-based charge construction has lengthy labored in opposition to merchants, with prices compounding no matter revenue or loss.

WazirX mentioned customers executing repeated INR 10,000 ($112.08 approx.) trades typically pay 1000’s of rupees every month, including as much as roughly INR 6,000 ($67.25 approx.) per 12 months.

“No per commerce transaction charges, no complexity, one clear cost,” Shetty mentioned. “The purpose is straightforward: allow customers to commerce with out limitations, giving customers what they need.”

The launch comes because the change continues rebuilding belief after its July 2024 exploit, when $234.9 million was drained in an assault attributed to North Korea’s Lazarus Group.

The breach triggered certainly one of India’s largest crypto restoration processes, finally routed by means of Singapore’s Excessive Courtroom.

WazirX’s guardian firm, Zettai Pte Ltd., led months of restructuring efforts, with greater than 95% of collectors backing the restoration scheme earlier than the courtroom authorised mid-August 2025.

Following the exploit, WazirX repeatedly mentioned it was engaged on asset restoration and strengthening custody – later partnering with BitGo so as to add insured, institutional-grade safeguards.

Shetty mentioned on Oct. 13 that the platform would:

“Set out on the subsequent part to work laborious and create worth for everybody.”

The change resumed buying and selling on Oct. 24 with a phased restart, and the newest replace signifies that consumer fund distributions and the issuance of Restoration Tokens are underway as a part of the court-approved plan.