How much does WazirX charge per transaction?

WazirX, a prominent cryptocurrency exchange platform, offers traders a unique fee structure for transactions involving Indian Rupee (INR) pairs. The trading fees are tiered based on the user's holdings of WRX, the native token of the exchange. This system incentivizes users to accumulate WRX, potentially reducing their trading costs significantly.

For traders with 0 to 500 WRX holdings, WazirX applies a standard trading fee structure for INR pairs. However, as a bonus for holding WRX, traders receive an additional 50,000 WRX credits, further enhancing their trading experience and potential returns.

For those who hold between 1 crore (10 million) and 2 crore (20 million) Indian Rupees' worth of WRX, WazirX offers a reduced trading fee of 0.30% for INR pairs, with a discounted taker fee of 0.15%. This rate provides a significant cost advantage for active traders with substantial WRX holdings.

As traders increase their WRX holdings to between 2 crore and 3.5 crore Indian Rupees, WazirX further sweetens the deal by offering a trading fee of 0.25% for INR pairs, accompanied by a taker fee of 0.13%. This tier rewards users for their loyalty and continued engagement with the platform.

The most favorable fee structure is reserved for traders holding over 3.5 crore Indian Rupees' worth of WRX. At this level, WazirX offers a trading fee of just 0.20% for INR pairs, along with a taker fee of 0.10%. This represents a substantial cost savings for high-volume traders who have invested significantly in the WRX token.