WazirX has launched crypto Futures trading in India with a maker fee of 0.02% and taker fee of 0.04%, which the company says is the lowest among Indian crypto exchanges.
The platform allows users to trade Futures directly using INR, removing the need to first convert funds into USDT.
Nischal Shetty, founder of WazirX, said, “Futures trading in India has meant high fees unless you are a large-volume institutional trader. We have changed that baseline.”
Before accessing Futures trading, users must complete a mandatory quiz covering leverage, margin, and liquidation to encourage responsible trading practices.
WazirX said revenues generated through Futures trading will also contribute toward additional recoveries for eligible creditors as part of its ongoing restructuring process.
