WazirX Review 2026
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- $1
- Proprietary platform
- Only INR from fiats, many cryptocurrencies, and tokens, no commissions for P2P, high terminal speed, 50% payments under the referral program
Our Evaluation of WazirX
Learn more about TU’s methodology
WazirX is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.93 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by WazirX clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Experts consider WazirX as one of the most promising cryptocurrency exchanges. At the moment, over 140 assets are represented there and their number is constantly growing. Reference is made to the high speed of all types of transactions. The convenient highly protected proprietary trading terminal comes in Windows, Mac, iOS, and Android versions. This exchange is focused more on novice traders.
How we tested WazirX
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at WazirX
The WazirX exchange is a cryptocurrency exchange and trading platform. The site offers such assets as Bitcoin, Ethereum, Ripple, Litecoin, and others. The WRX is the platform's proprietary token, which was created to draw attention to the site and is the essence of the cryptocurrency exchange ecosystem. You can exchange the WRX token for cryptocurrencies and other tokenized assets. The company has developed its own trading terminal with a high degree of protection. The terminal is provided in desktop and mobile versions. The system’s infrastructure can vary scale in a few seconds to meet a growing demand and ensure high transaction rates. It is a young Indian exchange that uses advanced technologies and offers comfortable trading terms.
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- variety of cryptocurrencies and tokens;
- you can replenish the balance using fiat currency;
- high-speed order execution;
- fast funds replenishment and withdrawals;
- the platform's proprietary token is traded without commission;
- simple interface, suitable for novice traders.
- overestimated commissions for individual assets;
- no discounts for high trading volumes.
TU Expert Verdict
Chief Analytics Officer
WazirX is a cryptocurrency exchange offering access to trading Bitcoin, Ethereum, and over 290 additional cryptocurrencies, alongside a proprietary token WRX. The platform features a user-friendly proprietary terminal for Windows, Mac, iOS, and Android, with high-speed execution and security measures such as cold wallet storage and mandatory KYC. Accounts can be funded with INR or multiple cryptocurrencies, deposits start from $1, and no commission is charged for P2P trades. WazirX supports a referral program paying 50% of generated commissions, and offers a range of payment methods including bank transfer, cards, and PayPal.
However, a notable drawback is that WazirX is not regulated by any government authority, leading to a moderate safety score and a history of past security breaches. Additional disadvantages include spot trading fees above the industry average, withdrawal fees, a lack of trading discounts for high volumes, limited fiat currency coverage, and the absence of investment, staking, or copy trading programs. WazirX may be suitable for novice cryptocurrency traders but is less appropriate for those seeking advanced platform features or strong regulatory oversight.
WazirX Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary platform |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, INR |
| 💵 Deposit / Withdrawal: | Bank accounts, cryptocurrency wallets |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:1 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0.2%-0.2% |
| 🔧 Instruments: | 295 supported coins, Perpetual contracts, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | n/a |
| ⭐ Trading features: | Only INR from fiats, many cryptocurrencies, and tokens, no commissions for P2P, high terminal speed, 50% payments under the referral program |
| 🎁 Contests and bonuses: | n/a |
It is convenient to cooperate with WazirX due to low commissions, besides there are no commissions for the P2P segment at all. Taking into account the high operations speed and a well-considered trading terminal interface, WazirX could be considered as the optimal cryptocurrency exchange option for novice traders and professionals. Also, there is the possibility of passive earnings through the referral program for active traders.
WazirX Key Parameters Evaluation
Regulation and Safety
With a 5/10 score, WazirX demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Cold wallet storage
- Investor protection fund
- 2FA
- Not tier-1 regulated
- Not U.S regulated
WazirX Security Factors
We also compared WazirX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| WazirX | Kraken | OKX | |
| Tier-1 regulation | No | Yes | No |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | Yes | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | Yes |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | Yes | No | No |
Is WazirX a regulated crypto exchange?
WazirX is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean WazirX is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at WazirX?
Yes, KYC verification is mandatory at WazirX. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is WazirX available in the USA?
WazirX is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, OKX, BTCC .
WazirX commissions and fees
WazirX received a 7.25/10 score for its trading fees. While WazirX is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- No P2P fee
- Spot fee above industry average
- Withdrawal fee may be applied
What are WazirX trading fees?
We analyzed WazirX’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
WazirX trading fees vs competitors
| WazirX | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.2 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.2 | 0.22 | 0.2 | 0.194 |
| Futures, maker fee(%) | 0 | 0 | 0 | 0.024 |
| Futures, taker fee(%) | 0 | 0 | 0.053 |
What are WazirX deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0005 BTC 1.5 USDT |
Does WazirX offer P2P trading?
Yes, WazirX offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.WazirX P2P Fees
Deposit and Withdrawal
WazirX received a 10/10 rating for its deposit and withdrawal services. WazirX supports a wide range of payment methods with low or no fees, ensuring fast and convenient transactions.
- Bank cards accepted for instant deposits
- P2P for flexible transfers
- PayPal payments
- No deposit fees
- Withdrawal fee applies
Deposit and withdrawal options
WazirX supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, PayPal, Advcash Wallet, Google Pay, Apple Pay.
WazirX Deposit and withdrawal options vs competitors
| WazirX | Kraken | OKX | |
| Bank transfers | Yes | Yes | No |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | Yes | Yes | No |
What is WazirX minimum deposit?
The minimum deposit at WazirX is 1000 INR USD/USDT or 1 BTC. The minimum trade size is 100 INR USD/USDT, which also serves as the minimum amount required to start trading on the platform.
WazirX minimum deposit vs competitors
| WazirX | Kraken | OKX | |
| Minimum deposit, USD or USDT | 1000 INR | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 5 |
| Minimum trade amount, USD/USDT | 100 INR | 1 | 1 |
Does WazirX support fiat money?
WazirX supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
WazirX received a score of 5.5/10 in this category, reflecting a solid selection of tradable assets and markets. WazirX supports 295 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Fiat currencies supported
- Crypto futures available
- Staking not available
- Crypto options not available
WazirX supported coins and markets vs competitors
We compared WazirX with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| WazirX | Kraken | OKX | |
| Supported coins | 295 | 278 | 329 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | No | No | Yes |
| NFTs | No | Yes | Yes |
WazirX passive income options vs competitors
We also compared WazirX with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
WazirX received a score of 7.1/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Positive user feedback on the iOS app
- Mobile indicators allowed
- App data protection with 2FA
- Advanced tools and automation with API
- No Face ID
- No access to TradingView features
- Android App score below 4 points
Trading apps
WazirX provides web and mobile apps for both Android and iOS users, with an average rating of 4.2 on the App Store and 3.7 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the WazirX platform is for mobile use.
| WazirX | Kraken | OKX | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | Yes |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | Yes | Yes | Yes |
| Advanced Orders | Yes | Yes | Yes |
| Trading with bots | No | No | Yes |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does WazirX offer a desktop app?
Yes, WazirX offers a desktop app with full trading functionality. It supports advanced charting, fast execution, and is compatible with both Windows and macOS systems.
Does WazirX offer advanced charting with TradingView integration?
No, WazirX does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2018 |
|---|---|
| Registration address | Unit at 10th Floor, WeWork, L&T Tower 1, Seawoods Grand Central, Seawoods, Navi Mumbai, Maharashtra 400 706, India. |
| Official site | wazirx.com |
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