WazirX Makes a Triumphant Return: Trading Resumes with 30-Day Zero Fees and a Phased Token Rollout
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In a major milestone for India’s cryptocurrency landscape, WazirX—the country’s largest crypto exchange by trading volume—has officially resumed trading operations after a grueling 16-month hiatus. The platform, which was thrust into turmoil following a devastating $230 million hack in July 2024, is staging a cautious yet ambitious comeback. Starting October 24, 2025, users can once again deposit funds and trade select tokens, all while enjoying “zero trading fees for the first 30 days”. To ensure stability, the relaunch features a meticulously planned phased token rollout. This move not only signals WazirX’s resilience but also underscores its commitment to user trust in a post-hack era.

If you’re a crypto enthusiast in India or a global trader eyeing emerging markets, this development is worth your attention. Let’s dive into the facts behind WazirX’s revival, what it means for users, and why this could spark renewed momentum in the sector.

The Backstory: From Hack to Hard-Earned Recovery

WazirX’s journey back to normalcy hasn’t been easy. In July 2024, the exchange suffered a massive security breach when hackers exploited a vulnerability in its multi-signature wallet, siphoning off approximately $230 million in user funds—primarily Shiba Inu (SHIB) tokens. This incident led to an immediate suspension of withdrawals and trading, leaving millions of users in limbo. The fallout prompted regulatory scrutiny, legal battles, and a comprehensive restructuring plan approved by the National Company Law Tribunal (NCLT).

Fast-forward to October 2025: WazirX has emerged stronger, with enhanced security measures, including a shift to a more robust custody model. The relaunch isn’t just a flip of the switch—it’s a court-mandated, phased approach designed to prioritize liquidity, technical integrity, and user safety.

Key Facts on the Trading Resumption

1. Launch Date and Zero-Fee Incentive
– Trading officially kicked off on “October 24, 2025”, allowing users to place orders from 10:00 AM IST and enabling order matching at 5:00 PM IST.
– To sweeten the deal and encourage participation, WazirX is waiving “all trading fees across USDT and INR markets for 30 days” (until November 23, 2025). This zero-fee period is a direct response to user feedback and aims to rebuild trading volume quickly. Industry observers speculate it could be extended based on adoption rates.

2. Phased Token Rollout: A Safe and Steady Approach
WazirX isn’t overwhelming its systems with a full-scale restart. Instead, it’s rolling out tokens in “four phases over four days (October 24–27)”, activating about “25% of supported tokens daily”. This staggered method helps monitor liquidity, prevent volatility spikes, and confirm platform stability ahead of the full activation deadline on October 30.

Here’s a breakdown of the phases (focusing on key USDT pairs; INR pairs like USDT/INR are live from Day 1, with others to follow):

| Phase | Date | Key Tokens Activated (USDT Pairs) |
|——-|—————|—————————————————|
| 1 | Oct 24, 2025 | BTC/USDT, TRX/USDT, BNB/USDT, USDT/INR |
| 2 | Oct 25, 2025 | ETH/USDT, DOGE/USDT, SOL/USDT, LINK/USDT |
| 3 | Oct 26, 2025 | SHIB/USDT, PEPE/USDT, UNI/USDT, AVAX/USDT |
| 4 | Oct 27, 2025 | XRP/USDT, ADA/USDT, LTC/USDT, MATIC/USDT |

– By October 27, “all tokens in the USDT market” will be fully enabled, with INR markets expanding shortly after via separate updates.
– Pricing for inactive pairs will temporarily pull from CoinMarketCap to maintain transparency.

3. Withdrawals and Security Updates
– “INR withdrawals” have been available since earlier this year, providing some relief.
– “Crypto withdrawals” resume in a phased manner starting October 24, aligned with the token rollout to avoid liquidity crunches.
– Behind the scenes, WazirX has delisted underperforming or risky tokens and completed swaps/merges for others (e.g., due to project migrations). Check their support pages for specifics on affected assets.

What This Means for Users and the Indian Crypto Scene

For everyday traders, this relaunch is a breath of fresh air. The zero-fee window lowers barriers to entry, potentially driving a surge in activity—especially with Bitcoin hovering around all-time highs and altcoins like SOL and DOGE showing strong momentum. However, users should brace for initial volatility: WazirX advises against panic selling or oversized orders, as liquidity builds gradually.

On a broader scale, this could bolster India’s crypto ecosystem. WazirX, which once commanded over 50% of the domestic market, has faced stiff competition from global players like Binance during its downtime. The zero-fee strategy and compliance-focused relaunch (including KYC enhancements) position it well amid evolving regulations from the Financial Intelligence Unit (FIU-India).

Industry leaders are optimistic. “This phased approach demonstrates maturity and user-centric planning,” noted a crypto analyst, adding that it could help WazirX reclaim its throne in a market projected to hit $10 billion in volume by 2026.

Looking Ahead: Cautious Optimism in Crypto’s Wild Ride

WazirX’s return isn’t just about flipping the “open” sign—it’s a testament to perseverance in the face of one of the industry’s largest breaches. With zero fees fueling the fire and a phased rollout ensuring no repeats of past chaos, the exchange is poised for a soft landing into 2026.

That said, crypto remains a high-risk arena. Always DYOR (do your own research), diversify, and keep an eye on official WazirX channels for updates. What do you think—will this spark a trading frenzy, or is caution the name of the game? Drop your thoughts in the comments below!

Sources: Official WazirX announcements and industry reports as of October 25, 2025.