Archive · 28 Oct 2025
WazirX Trading Volume Surges Amid Restructuring and Legal Clarity
Imagine a digital money exchange called WazirX that had some problems and decided to fix them step-by-step.
They just finished four big steps in fixing things.
At the same time, a court in India said that digital money, like the kind traded on WazirX, is like valuable property.
Because of these good steps and the court's decision, more people are using WazirX again!
This has made the amount of money people are trading each day go up by about 40 to 50 crore rupees.
WazirX is also trying hard to make sure everyone trusts them again, like before.
They've even made trading free for at least 30 days to encourage people.
They also plan to get back some lost digital money and add new features to make trading better.
WazirX's daily trading volume has risen by approximately ₹40-50 crore after completing four phases of its restructuring.
The Madras High Court's ruling that recognizes cryptocurrency as property has boosted user sentiment and activity.
WazirX is focusing on rebuilding customer trust, currently at a 73% satisfaction rate, up from 68% initially.
The exchange has expanded its INR market offerings, launching 19 additional tokens and planning to list more.
WazirX's strategy moving forward involves rebuilding trust, recovering stolen assets, and enhancing the trading experience with new product features.
- Who
- Nischal Shetty, Founder of WazirX
- What
- WazirX reported a daily trading volume increase of approximately ₹40-50 crore following the completion of four phases of its restructuring scheme and clarity from the Madras High Court recognizing cryptocurrency as property.
- When
- Recent 24 hours, following the completion of four restructuring phases
- Where
- India
- Why
- The increase in trading volume is attributed to the restart of services, user enthusiasm following the Madras High Court's decision, and WazirX's efforts to rebuild customer trust and provide a better trading experience, including a zero-fee period.
User Concerns
WazirX Explanation
INR Wallet Access and Phased Rollout
User Concerns
Some users claimed they could not access or use their INR wallet during the phased rollout of services.
WazirX Explanation
WazirX phased the launch of INR wallet services, starting with USDT and INR, to prevent panic selling by users unfamiliar with USDT INR prices.
Distribution of 85% Holdings
User Concerns
Users reported not receiving the promised 85% holdings under the scheme.
WazirX Explanation
The 85% rate referred to the value as of January 2025, and market fluctuations after that date are not covered by the scheme.
- Daily Trading Volume Increase
- ₹40-50 crore
- Restructuring Phases Completed
- 4
- Tokens Launched on INR Market
- 19+
- Customer Satisfaction Rate (Current)
- 73%
- Customer Satisfaction Rate (Initial)
- 68%
- Zero Fee Period
- Minimum 30 days
- Cold Wallet Custody Provider
- BitGo