WazirX has rolled out crypto Futures trading for Indian users, touting the lowest maker and taker fees in the market. It also removes any volume threshold requirement and offers direct INR access, aiming to broaden derivatives participation. The exchange says the rollout includes a strong focus on responsible trading education and helps fund its restructuring efforts for creditor recoveries.
WazirX, one of India’s largest crypto exchanges, says nearly half of its USD 503 million reserves were wiped out in a cyberattack, wiping away about USD 230 million. The breach raises urgent questions about withdrawals, custody of user assets, and timelines for recovery, leaving investors to navigate uncertainty even as investigations continue.
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