Namaste Tribe!
How Does WazirX ZERO Work?
WazirX ZERO gives you unlimited trading with zero trading fees. You pay a monthly charge of ₹99 plus applicable taxes, which renews automatically every 30 days.
Once active, you can place unlimited trades across supported markets without paying trading fees.
When and How Is WazirX ZERO Renewed?
WazirX ZERO renews automatically every 30 days. The renewal charge is deducted from your INR balance first.
If your INR balance is insufficient, the remaining amount is deducted from your crypto balances, starting with the lowest-value holdings.
What Happens Once the Free Pass Ends?
Once your Free Pass ends, WazirX ZERO renews automatically. A monthly charge of ₹99 plus applicable taxes is collected from your available balance so you can continue trading with zero trading fees.
Which Crypto Tokens Can Be Used for Renewal?
There is no designated set of supported crypto tokens for the WazirX ZERO renewal charge.
Existing and newly listed crypto tokens on the platform can be used if required, excluding delisted and unlisted tokens. The deduction starts with the token having the lowest holding value.
What Happens If You Do Not Have Enough Balance for Renewal?
If your INR and crypto balances are insufficient, a Partial Renewal is applied based on the available funds.
You will receive the remaining days once you add more balance. If you have no balance at all, WazirX ZERO will not renew.
Can You Pause WazirX ZERO?
No. You cannot pause WazirX ZERO. However, you can deactivate WazirX ZERO.
If you want to stop using WazirX ZERO, you can switch to the Pay Per Trade option. Under this option, a trading fee is charged on every trade based on your 30-day INR trading volume and WRX holdings.
For more information, refer to the revised fee structure.
How Can You Check If WazirX ZERO Is Active?
You can check your WazirX ZERO status and renewal details in the WazirX app.
Go to Settings > WazirX ZERO.
What Happens If Your Balance Is Low at the End of the Free Pass?
If your balance is low, a Partial Renewal is applied based on the available funds.
You will receive the remaining days once you add more balance.
Can You Opt Out of WazirX ZERO?
Yes. You can switch to the standard Pay Per Trade option at any time.
What Happens If You Switch Mid-Cycle?
You will continue to enjoy WazirX ZERO benefits until your active cycle ends. You will not lose your remaining ZERO days.
Once the cycle ends, you will move to the Pay Per Trade option, where a trading fee is charged on every trade.
For more information, refer to the revised fee structure.
Is TDS Applicable With WazirX ZERO?
Yes. TDS applies as per government regulations.
From 1 July 2022, 1% TDS of the trade value is deducted on each trade as per the Government's guidelines on Virtual Digital Asset (VDA) transfers. This TDS can be claimed while filing your ITR.
How Is the Trading Fee Charged Under Pay Per Trade?
Under Pay Per Trade, a trading fee is applied to every order you place.
The exact percentage depends on your 30-day trading volume in the INR market and your current WRX holdings. Your fee is calculated according to the applicable slab.
For more information, refer to the revised fee structure.
How Is the WazirX ZERO Charge Calculated When INR Balance Is Low?
If your INR balance is insufficient, the WazirX ZERO charge is deducted from your available crypto balance, starting with the lowest-value holdings.
Only the exact amount required is converted based on the applicable market rates.
To calculate the required crypto amount, the USDT rate on CoinMarketCap and the USDT/INR rate on WazirX are used.
For example, if you hold only BTC, the BTC/USDT rate on CoinMarketCap and the USDT/INR rate on WazirX are used to calculate the amount of BTC required for the ₹99 charge.
Where Can You Find Your WazirX ZERO Renewal Invoice?
Your renewal invoice is sent to you by email every time WazirX ZERO is renewed.
You can also download your GST invoice from the WazirX app by going to:
Settings > Download Reports > GST Invoice