WazirX introduces WazirX Zero, a subscription-based trading model eliminating per-trade fees for a fixed monthly charge of INR 99. Founder Nischal Shetty aims to reset the exchange-user relationship, removing fee pressure on every order.

Traditional percentage-based fee structures have long worked against traders, with costs compounding regardless of profit or loss. Users executing repeated INR 10,000 trades could pay thousands monthly and roughly INR 6,000 annually. WazirX aims to simplify trading with a clear fixed charge.

The launch of WazirX Zero follows the exchange’s efforts to rebuild trust after a $234.9 million exploit in July 2024 attributed to North Korea’s Lazarus Group. Zettai Pte Ltd., WazirX’s parent company, led restructuring efforts approved by Singapore’s High Court in August 2025.

Post-exploit, WazirX focused on asset recovery and custody strengthening, partnering with BitGo for insured safeguards. CEO Shetty emphasized creating value for users in the platform’s next phase. Trading resumed on Oct. 24 with fund distributions and Recovery Token issuance ongoing as part of the recovery plan.

Read more at Yahoo Finance: Crypto company launches zero-fee trading with $1 subscription