WazirX Introduces Crypto Futures Platform With Low Trading Fees

Crypto exchange WazirX has launched crypto futures trading in India, seven months after restarting its operations. It has now introduced derivatives trading for users with a fee structure aimed at wider access to trading features.

Crypto futures trading refers to derivative contracts in which traders agree to buy or sell a cryptocurrency at a predetermined price on a future date, without owning the underlying asset at the time of the trade.

WazirX said the futures trading segment will carry a maker fee of 0.02 per cent and a taker fee of 0.04 per cent. It added that, among Indian crypto exchanges, this is the lowest fee structure and there will be no minimum trading volume requirement to access the feature. Users will be able to access futures trading directly using rupees (INR), without the need to convert funds into USDT before opening positions.

This step involves a mandatory knowledge quiz covering leverage, margin and liquidation before users can access futures trading. Users are required to complete this quiz before participating in futures trading. The platform also has user education initiatives related to futures trading to help users understand the product.

The futures trading segment is linked to the platform’s ongoing restructuring process. Revenues generated from futures trading are expected to contribute to additional recoveries for eligible creditors holding Recovery Tokens, in addition to the 85 per cent fund distribution already completed.

Nischal Shetty, founder of WazirX, said that futures trading in India has traditionally involved high fees for most traders, except large-volume institutional participants. “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,” he said.

The rollout of futures trading will be carried out in phases, based on liquidity conditions, risk controls and user readiness across the platform. The expansion will depend on operational stability and system preparedness.