New Delhi: Indian cryptocurrency exchange WazirX said on Thursday that it will resume operations from October 24, 2025. This decision was taken after the
restructuring process approved by the High Court of Singapore, which was supported by most of the creditors of WazirX.
WazirX halted its work earlier this year due to financial and regulatory problems. Now the company says that this new beginning is a new chapter, in which the focus will be on winning the trust of users and transparency.
WazirX has announced the waiver of trading fees on all trading pairs as part of its restart offer. This will encourage users to trade and increase liquidity on the platform. Initially trading will be available for select crypto-to-crypto pairs and the USDT/INR pair. The company said that more pairs will be added gradually in the next few days.
WazirX partners with Bitgo
To further strengthen the security of users’ funds, WazirX has partnered with the US-based digital asset custody company Bitgo. This partnership has been made to keep users’ money safe and to increase transparency. CNBC quoted by WazirX founder Nischal Shetty said that his mission is to make crypto easy for every Indian. Our partnership with Bitgo will provide users with trust and security. This is not just a return to business, but a step to strengthen our honesty.
The company said that it has completed several token swaps, mergers, delistings and migrations. Token distribution to creditors will begin within the next 10 working days. Apart from this, recovery tokens will also be given to creditors as part of the restructuring process. This move by WazirX is in the direction of re-building its strong position in the Indian crypto market. The company says that it wants to build a secure and reliable platform for users. Waiving trading fees and working with a trusted partner like Bitgo will give users more confidence.
A big opportunity for WazirX
This new beginning is a big opportunity for WazirX to regain the lost trust of its users. The company also said that it will gradually improve further, so that users get a better experience. WazirX’s goal is to make cryptocurrency easy and secure for everyone in India. With this restart, the company not only wants to bring back its old users, but also wants to attract new users. With the partnership with Bitgo and the court’s approval, WazirX hopes that it will regain a strong position in the crypto market.
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