After more than a year and a half since the ₹2,000 crore hack, WazirX is finally reopening its trading platform. The exchange said that trading will restart on 24th October 2025, and for the first 30 days, users won’t have to pay any trading fees. This will make it easier for people to start trading again as the platform gradually restores full functionality.
Phased rollout of tokens
WazirX will bring back tokens in four phases over four days so the platform stays stable and liquidity builds up gradually. On 24th October (Phase 1), some of the major tokens will start trading in the USDT market, while in the INR market, only the USDT/INR pair will be available at first.
On 25th October (Phase 2), more tokens will go live in the USDT market. On 26th October (Phase 3), even more tokens will be added, and finally on 27th October (Phase 4), all remaining tokens will be active, completing the full rollout across all markets.
Orders can be placed starting at 10:00 AM IST, and order matching will begin at 5:00 PM IST. Tokens that are live will show real-time last traded prices, while tokens that are not yet active will temporarily reflect CoinMarketCap prices.
Token updates and withdrawals
While WazirX was inactive, some token projects went through changes. Some tokens were removed because they didn’t meet the platform’s standards anymore. Others were swapped or merged based on updates from the projects. Users should check the official lists to see the current status of their tokens.
Crypto withdrawals will resume on 24th October, with tokens gradually enabled according to the phased rollout. INR withdrawals are already live. The Funds page has reopened with rebalanced tokens, and both crypto and INR deposits are live. For added security, WazirX continues to use BitGo cold wallets, a trusted global provider managing over $90 billion in assets.
Guidance for traders
WazirX has asked everyone to stay patient during the first few days after trading starts again. Prices are likely to go up and down as the market finds its balance, and it will take some time for liquidity to settle.
Traders are advised not to place big market orders right away and to remember that the first-day prices may not show the long-term value of the tokens. Keeping an eye on official updates from WazirX will help users trade safely during this period.
WRX token performance
After WazirX announced it was restarting, its token WRX went up to $0.099, gaining almost 32% in a single day. Its total market cap is around $37.8 million, and the unlocked market cap is $94.35 million.
The 24-hour trading volume also jumped nearly 95%, showing that investors are getting more confident as the platform comes back online.
Leadership comments
Nischal Shetty, co-founder of WazirX, said that the platform’s main focus now is on recovering from past setbacks and creating value for its users. He thanked the community for standing by the exchange and highlighted that the restart, which many thought was impossible, was made possible because of collective effort.
Shetty also said that the zero-fee trading period might be extended depending on how the community responds.
Trading is scheduled to begin tomorrow, 24th October. WazirX is concentrating on bringing back full functionality in a safe and transparent way. The phased rollout of tokens along with zero-fee trading is aimed at steadily restoring liquidity and giving users confidence. After a long wait, this marks an important step in rebuilding trust in the platform.
