• bitcoinBitcoin (BTC) $ 103,128.00
  • ethereumEthereum (ETH) $ 3,500.74
  • tetherTether (USDT) $ 0.999917
  • xrpXRP (XRP) $ 2.48
  • bnbBNB (BNB) $ 965.61
  • usd-coinUSDC (USDC) $ 0.999767
  • staked-etherLido Staked Ether (STETH) $ 3,499.15
  • tronTRON (TRX) $ 0.298103
  • dogecoinDogecoin (DOGE) $ 0.175397
  • cardanoCardano (ADA) $ 0.565387

WazirX bets on zero-fee crypto trading to drive relaunch after long hiatus

WazirX’s phased comeback begins Friday, offering 30 days of zero-fee trading as the exchange rebuilds liquidity and trust after a long hiatus.

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💡 DMK Insight

WazirX’s zero-fee trading for 30 days could shake up the Indian crypto market. This move is crucial as it aims to restore user confidence and liquidity after a significant pause. Traders should keep an eye on how this impacts trading volume and market sentiment. If WazirX successfully attracts users back, we might see increased volatility across major pairs, especially in local altcoins. However, there’s a flip side: if the exchange fails to regain trust, it could lead to further declines in user engagement and liquidity. Watch for trading volume spikes in the coming weeks, particularly around key price levels for BTC and ETH, as traders react to this initiative. The next 30 days will be pivotal for WazirX and could set the tone for the broader market’s recovery or further stagnation.

📮 Takeaway

Monitor WazirX’s trading volume closely over the next 30 days; a strong rebound could signal renewed interest in the Indian crypto market.

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