Crypto company launches zero-fee trading with $1 subscription

WazirX has introduced WazirX Zero, a caller subscription-based trading exemplary that removes per-trade fees entirely.

Announced connected Nov. 26, the exemplary allows users to commercialized unlimited volumes crossed much than 300 tokens for a fixed monthly complaint of INR 99 (roughly $1).

Founder Nischal Shetty said the displacement “resets the relationship” betwixt exchanges and users by eliminating interest unit connected each order.

According to the company, the accepted percentage-based interest operation has agelong worked against traders, with costs compounding careless of nett oregon loss.

WazirX said users executing repeated INR 10,000 ($112.08 approx.) trades often wage thousands of rupees each month, adding up to astir INR 6,000 ($67.25 approx.) per year.

“No per commercialized transaction fees, nary complexity, 1 wide charge,” Shetty said. “The extremity is simple: alteration users to commercialized without barriers, giving users what they want.”

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The motorboat comes arsenic the speech continues rebuilding spot aft its July 2024 exploit, erstwhile $234.9 cardinal was drained successful an onslaught attributed to North Korea’s Lazarus Group.

The breach triggered 1 of India’s largest crypto betterment processes, yet routed done Singapore’s High Court.

WazirX’s genitor company, Zettai Pte Ltd., led months of restructuring efforts, with much than 95% of creditors backing the betterment strategy earlier the tribunal approved mid-August 2025.

Following the exploit, WazirX repeatedly said it was moving connected plus betterment and strengthening custody - aboriginal partnering with BitGo to adhd insured, institutional-grade safeguards.

Shetty said connected Oct. 13 that the level would:

“Set retired connected the adjacent signifier to enactment hard and make worth for everyone.”

The speech resumed trading connected Oct. 24 with a phased restart, and the astir caller update indicates that idiosyncratic money distributions and the issuance of Recovery Tokens are underway arsenic portion of the court-approved plan.