WazirX launches crypto Futures with lowest trading fees and no volume threshold
Synopsis
WazirX has launched crypto Futures trading for Indian traders, offering the lowest maker and taker fees in the market without volume thresholds. This move aims to democratize derivatives trading by allowing direct INR access and prioritizing user education on responsible practices. The initiative also supports WazirX’s ongoing restructuring efforts by generating profits for creditor recoveries.
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WazirX announced the launch of crypto Futures trading, bringing crypto derivatives to Indian traders with a fee structure that makes professional-grade trading accessible to everyone.
Crypto TrackerTOP COINS (₹) BNB64,863 (2.5%)Ethereum219,973 (0.9%)XRP139 (0.17%)Bitcoin7,708,137 (0.13%)Tether96 (0.01%)This will have a maker fee of 0.02% and a taker fee of 0.04%. Among Indian crypto exchanges, this is the lowest fee, with no volume threshold required to access it, according to a press release.
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Users can also access Futures directly with INR, without converting to USDT before opening a position, removing a friction point that has historically complicated derivatives trading for Indian retail traders.
“Futures trading in India has meant high fees unless you are a large-volume institutional trader. We have changed that baseline. A trader starting out on WazirX Futures gets the same fee rate as an institutional trader on most other platforms.The aim is to provide a robust platform with low fees for futures traders,” said Nischal Shetty, founder, WazirX.
Before accessing Futures, users complete a mandatory knowledge quiz covering leverage, margin and liquidation. The initiative is designed to encourage responsible trading practices, to ensure users are well informed before they participate in Futures trading. At the same time, the platform is investing in user education initiatives to help a broader base of traders understand Futures well.
WazirX Futures is also linked to the platform’s ongoing Restructuring. Futures trading will generate further profits from platform operations and directed toward additional recoveries for eligible creditors who hold Recovery Tokens. This is on top of the 85% fund distribution already completed.
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WazirX Futures will be expanded in phases, based on liquidity, risk controls and user readiness, the release further said.
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