Indian crypto exchange WazirX has entered the crypto futures trading market as it tries to revive user activity after last year’s $230 million hack. The platform is launching futures trading with lower fees than competitors and plans to gradually expand its offerings.
Starting May 13, users will be able to trade futures for 36 tokens with leverage up to 10x, which could later increase to 100x. WazirX founder Nischal Shetty said the exchange is targeting both returning spot traders and active futures traders who currently use rival platforms.
The exchange is offering low trading fees, with a maker fee of 0.02% and a taker fee of 0.04%. Users will also be able to access futures trading directly using Indian rupees, without needing to convert funds into USDT first.
According to Shetty, India’s 1% TDS and 30% crypto tax have greatly reduced spot trading activity and pushed most retail traders toward futures products. He estimated that crypto futures trading volumes in India now range from $80 billion to $100 billion each month.
WazirX now controls only a small share of the Indian market compared to its earlier dominance, but the company hopes futures trading could eventually make up half of its total revenue. The launch shows how Indian crypto traders are increasingly moving toward derivatives as the market matures.
🛸 has landed
WazirX Futures is now LIVE!
» Lowest trading fees
» Trade INR-perpetual contracts
» Up to 10x leverageBuilt for smart traders who value control over chaos 😎
Update your WazirX app and start trading Futures 📲 pic.twitter.com/IRNJdQIv7L
— WazirX: India Ka Bitcoin Exchange (@WazirXIndia) May 13, 2026
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