WazirX crypto exchange will restart operations on October 24, following the successful completion of its restructuring process as sanctioned by the High Court of Singapore.
As part of the Restart Offer, all users will enjoy 0 per cent trading fees across all trading pairs. This initiative will help WazirX users to trade without the burden of fees on each trade, said the exchange in a press release.
The approved scheme helps users impacted by the 2024 hacking incident recover stolen assets worth $234.9 million (around ₹2,000 crore). The distribution of recoveries to scheme creditors will be managed through Zanmai India, a reporting entity under the Financial Intelligence Unit of India.
The relaunch will begin with certain crypto-to-crypto pairs and USDT/INR pair, followed by the gradual