WazirX on Wednesday announced crypto futures trading on its platform an affordable fee structure for professional-grade trading, observing a greater ‘futures wave’ in the country.
“Trading volumes are generated by daily traders, and they have all moved to futures, which is growing rapidly in India and globally. However, India’s growth is far greater than the global wave of futures. That’s why we are getting into futures,” said Nischal Shetty, Founder, WazirX, speaking to businessline.
WazirX Futures will have a maker fee of 0.02 per cent and a taker fee of 0.04 per cent, with no volume threshold. Users can access futures directly with the rupee, without converting to USDT before opening a position, making derivatives trading easier for Indian retail traders.
Stating that futures trading in India translated to high fees, Shetty said the exchange has changed that baseline by ensuring that a trader starting out on WazirX Futures gets the same fee rate as an institutional trader on most other platforms.
35 crypto assets
The company currently has about 35 crypto assets at launch and plans to reach over 100 in the next few weeks. Further, it will start with 10 times the leverage to encourage spot traders to enter futures as well. To this end, users must complete a knowledge quiz covering leverage, margin and liquidation before taking up futures on the platform to encourage responsible trading practices and well-informed users. Traders are moving at a faster pace from spot to futures owing to 1 per cent TDS and 30 per cent tax on spot trading.
“It’s made it very hard and expensive and loss-making for people to trade in spot on a regular basis,” said Shetty.
Decentralised futures is currently also one of the biggest volume drivers compared to decentralised finance spot, boosting platform confidence in the new offering, said Shetty. WazirX Futures is also linked to the platform’s ongoing restructuring and directed toward additional recoveries for eligible creditors who hold recovery tokens. This is on top of the 85 per cent fund distribution already completed.
Published on May 13, 2026