Established in 2018 and later acquired by Binance, WazirX Broker has grown to become one of India’s most recognized Crypto exchanges. It offers a wide range of trading pairs, a user-friendly interface, and a robust peer-to-peer (P2P) trading system tailored for INR transactions. If you want to invest in the Stock market, check out our guide on how to invest in the Indian stock market from the US.
In this in-depth WazirX review 2025, we provide a detailed analysis of the platform’s features, including WazirX trading fees, supported Cryptocurrencies, available platforms, security measures, and customer service. If you’re a beginner or a seasoned trader, this review will help you assess whether is WazirX good for your trading strategy and long-term investment goals.
What is WazirX and how does it work?
WazirX is a Cryptocurrency exchange platform that enables users to buy, sell, and trade over 250 Crypto coins and digital assets like Bitcoin, Ethereum, and Litecoin. It was founded in March 2018 by Nischal Shetty, Siddharth Menon, and Sameer Mhatre and acquired by Binance in 2019.
It’s one of India’s fastest-growing Crypto exchanges, with over 6 million registered users. The platform handles millions of transactions daily and supports multiple order types, including spot trading and peer-to-peer transfers.
How does it work?
- To start using the WazirX trading platform, users need to create an account by signing up with their email address and confirming it through a verification email.
- After that, they must complete the KYC process by submitting valid identification documents such as a PAN card and proof of address.
- Once the WazirX account is verified, users can deposit funds into their wallets using INR via UPI, Bank transfer, or even deposit Cryptocurrencies from external wallets.
- After funding their account, users can access the WazirX app with mobile or web to begin trading.
- The WazirX platform supports various trading options, including spot trading and P2P transactions, allowing users to trade a wide range of Cryptocurrencies securely and efficiently.
WazirX review 2025: Key features and benefits
Here are the standout features of the WazirX investing platform in 2025, making it one of the top choices for Indian Crypto traders:
Wide range of Crypto assets
WazirX supports trading in over 250 Cryptocurrencies, including major coins like Bitcoin BTC, Ethereum ETH, and a variety of trending altcoins, giving users access to a diverse investment portfolio. It offers advanced trading charts, graphs, and spot trading. If you’re exploring opportunities for better returns, check out this guide on what is the best investment with good returns.
P2P trading
WazirX peer-to-peer engine matches buyers and sellers instantly, allowing for direct bank transfers. This system is available 24/7 and is designed to be both novice and experienced traders.
User-friendly interface
Whether you’re a beginner or a seasoned trader, WazirX provides a user-friendly interface with a clean and intuitive experience on both mobile and web platforms, ensuring a smooth trading experience.
Security measures
The platform prioritizes security with features like two-factor authentication (2FA), multi-signature wallets, and cold storage for 95% of funds. WazirX also adheres to strict KYC/AML guidelines and is registered with the Financial Intelligence Unit – India (FIU-IND).
High liquidity
WazirX supported by Binance, benefits from deep liquidity across most trading pairs, resulting in faster order execution and tighter spreads.
Referral program
WazirX offers a referral program with up to the percentage 50 of the trading fee as a commission on every trade, allowing users to earn rewards by inviting friends to join the platform.
Pros and cons of using WazirX for Crypto trading
Here are the pros and cons of using WazirX Crypto exchange trading:
Pros | Cons |
---|---|
It offers 250+ Crypto coins like Bitcoin, Ethereum, and Solana, with fast order execution and minimal delays. | Some users face slow INR withdrawals during busy times. |
It provides reliable performance and scalability with the ability to handle millions of transactions smoothly. | Withdrawal fees can be slightly higher for certain tokens like USDT or BTC. |
Offer low trading fees and up to a 50% discount when using the WRX token. No deposit fees for INR. | Customer support, while available via live chat, can be slow during high traffic. |
It has strong security measures such as two-factor authentication, cold wallet storage, and a KYC process for user safety. | Regulatory uncertainty in India is unclear, which may affect platform operations and features. |
Multiple INR payment options with easy INR deposits through UPI, net banking, and P2P transfers for Indian users. |
Is WazirX a good broker for beginners and experts?
Yes, WazirX brokerage is good for both beginners and experienced traders, for its versatile features, intuitive design, and support for a wide range of trading needs.
For beginners
WazirX is a great entry point into the world of Crypto. Its user-friendly interface makes navigating the WazirX trading platform simple. Signing up is quick with just a valid email address and KYC verification. The platform also offers:
- Educational resources like blogs and FAQs.
- Easy INR deposits via UPI, bank transfer, and P2P.
- A smooth WazirX app for mobile trading on the go.
If you are a beginner, diversifying your investments is a safe way to reduce the risk of losses. Therefore, it’s wise to consider other options like the Indian stock market.
For experts
Advanced users will find WazirX equally capable, with over 250+ Crypto coins, real-time market data, and trading pairs. It supports everything from daily trading to long-term investing. Traders also benefit from:
- Binance integration for high liquidity and fast order matching.
- Advanced charting tools and limit order types.
- Ability to handle millions of transactions even during market fluctuations.
Those who are starting to invest in their 30s and want to balance their Crypto portfolio with traditional assets should consider, exploring how to invest in your 30s for long-term financial planning strategies.
Customer support
WazirX offers multiple customer support channels to assist users with their queries and issues:
- Help center: It provides FAQs and guides.
- Live chat support: 24/7 available.
- Submit a request: Support teams are available.
- Phone: 0124-6124101 or 0124-4189201. It is available from Monday to Sunday, 9 AM to 6 PM IST. Toll-free number: 1800-309-4499.
Conclusion
WazirX continues to hold its position as one of India’s leading Cryptocurrency exchanges in 2025. It supports over 250 Cryptocurrencies, and a user-friendly interface makes it an attractive platform. Features like P2P trading, security measures, high liquidity backed by Binance, and a responsive support system further enhance the trading experience.
WazirX is a reliable and efficient Crypto trading platform with cross-device accessibility and security protocols. Despite occasional delays and limited advanced trading tools, it offers a smooth and scalable trading journey, making it a trustworthy gateway for both beginners and portfolio expansion.
Pro tip
Save up to 50% on trading fees using the WRX token, double-check your email address, and ensure 2FA is enabled for security in your WazirX account. Diversify your investments, such as Stocks, CFDs, and Banking, with our best Forex broker platform. Find out your best broker platform using our broker finder tool. Share your thoughts in the comment section.