WazirX Aims to Simplify Crypto Futures for Indian Retail Traders

WazirX has launched crypto Futures trading in India, aiming to make derivatives trading more accessible for retail investors through lower fees and direct INR access.

The company said traders will be able to open Futures positions directly using Indian rupees, removing the additional conversion step to USDT that has traditionally complicated crypto derivatives trading for many users.

WazirX Futures will offer a maker fee of 0.02% and a taker fee of 0.04%, which the company says is currently the lowest among Indian crypto exchanges without any volume threshold.

Speaking about the launch, Nischal Shetty, founder of WazirX, said, “Futures trading in India has meant high fees unless you are a large-volume institutional trader. We have changed that baseline.”

The company has also introduced a mandatory educational quiz covering concepts such as leverage, margin, and liquidation before users can access Futures trading.

According to WazirX, the initiative is intended to improve awareness around the risks associated with derivatives trading while promoting informed participation.

The exchange said it will continue investing in user education initiatives to help traders better understand Futures markets.