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How does WazirX ZERO work?
WazirX ZERO gives you unlimited trading with zero trading fee. You pay a monthly charge of ₹99 (plus applicable taxes) that renews automatically, so you can focus on trading while everything else is taken care of. Once active, you can place as many trades as you want across supported markets without worrying about trading fees.
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When and how is WazirX ZERO renewed?
WazirX ZERO renews automatically every month. The renewal charge is taken from the INR balance first. If your INR balance is insufficient, the remaining balance is taken from crypto balances, starting with the lowest-value holdings.
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What happens once the Free Pass ends?
Once your Free Pass ends, WazirX ZERO will renew automatically. A monthly charge of ₹99 plus applicable taxes will be collected from available balance so you can continue trading with zero trading fee.
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Are all tokens supported for the renewal charge?
Yes, there is no designated set of supported crypto tokens for WazirX ZERO renewal. All existing (excluding delisted and unlisted tokens) and newly listed crypto tokens on the platform can be used if needed, commencing with the token of the lowest holding value.
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What happens if I do not have enough balance for the renewal?
If the INR and crypto balance are low, a partial renewal is applied based on the funds you have. You will receive the remaining days once you add more balance. If you have no balance at all, WazirX ZERO will not renew.
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Can I pause WazirX ZERO for a month?
No, you cannot pause it. You can only switch to the Pay Per Trade option if you wish to stop using WazirX ZERO. Under the Pay Per Trade option, you will be charged a trading fee on every trade you make based on your 30-day INR trading volume and WRX holdings. To know more, click here
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How can I check if WazirX ZERO is active?
You can view your status and renewal details in the WazirX app. Go to Settings > WazirX ZERO.
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What happens if my balance is low at the end of the Free Pass?
If your balance is low, a partial renewal will be applied based on the funds you have. You will receive the remaining days once you add more balance.
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Can I opt out of WazirX ZERO?
Yes, you can switch to the standard Pay Per Trade option at any time.
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If I switch mid-cycle, will I lose my remaining ZERO days?
No. You will continue to enjoy ZERO benefits until your active cycle ends. Once the cycle ends, you will be moved to the Pay Per Trade option, where you will be charged a trade fee on every trade you place. To know more, click here
- Is TDS still applicable with WazirX ZERO?
Yes. TDS applies as per government regulations. From 1 July 2022, TDS (Tax Deducted at Source) of 1% of the trade value will be deducted on each trade as per the Government’s guidelines issued on Virtual Digital Asset (VDA) transfers. This TDS can be claimed while filing your ITR.
- How will the trading fee be charged under the Pay Per Trade option?
Under Pay Per Trade, a trading fee is applied on 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 as per the applicable slab you fall into. To know more, click here.
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How is the WazirX ZERO charge calculated if INR balance is low?
If your INR balance is low, the WazirX ZERO charge is taken from available crypto balance, starting with the lowest-value holdings first. We only convert the exact amount needed, based on market rates.
We first check the USDT rate on CoinMarketCap and then the USDT/INR rate on WazirX. These rates help calculate the exact quantity of crypto required for the ₹99 charge.
Example: If you hold only BTC, we check the BTC/USDT rate on CoinMarketCap and the USDT/INR rate on WazirX to calculate how much BTC is needed for ₹99.
- Where can I find my 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 - Settings > Download Reports > GST Invoice.