WazirX review

Trading costs are a taker fee of 0.25% and a maker fee of 0.1% for trading on the exchange. That puts WazirX below eToro at 1% and Vivid Plus at 2.25%, and level with the low end of bunq's 0.25% to 1.99%. Crypto deposits are free.

WazirX is registered with the Financial Intelligence Unit (FIU), India, and the account is custodial, so the platform holds the coins rather than you holding the keys. A typical retail trader on the exchanges ranked loses 70.15% of their money, so treat balances as money at risk.

Fiat deposits run through bank transfer, and card funding is not part of the listed methods, so a bank account is what funds the balance. Crypto deposits are free, and withdrawals follow a per coin schedule.

Withdrawals are charged per coin on a published schedule, with Bitcoin and Tether amounts set out, while crypto deposits are free. The account is custodial, so withdrawals are the only route out of the platform and coins stay in the balance until you send them.

The exchange is headquartered in India, with the Financial Intelligence Unit (FIU), India as its regulator, and its listed fiat funding method is bank transfer. Trading and account features described here apply to that single market, so readers elsewhere should check local rules before opening an account.

Derivatives are available on the exchange, as well as buying and selling across 150 listed coins. The account is custodial, so balances sit with the platform, and trades pay the taker fee of 0.25%.

Support runs on email, phone and help centre, so you can reach the exchange by email or phone as well as through the help centre and community. The help centre and community are self service routes, while phone and email put you in touch with the exchange directly.

150 coins are listed, above the 71.5 median across the exchanges compared, and WazirX ranks 70 of 176 brands on that measure. Trading runs on a cex model, and custody is custodial.