Namaste Tribe! With every improvement, our goal has been to enhance your trading experience on WazirX. This latest update will not only make your trading experience better but also clear a lot of confusion for you.
As of now, WazirX follows a maker-taker trading fee model on our exchange where we charge a fee of 0.1% fees to order makers, and 0.25% to order takers. We’ve had a lot of you reach out to us with confusion regarding the maker-taker model, and more. So, we’ve decided to remove all the confusion, and update our trading fees structure.
Going forward, we’ll charge a flat fee of 0.2% on all buy/sell trades for all markets on WazirX.
The updated fee structure will come into effect for trades performed after 3 PM IST on Friday, 28th February 2020.
There’s more news
Very soon, you will be able to use WRX tokens to pay trading fees on WazirX. Do you also know that you will get 50% discount if you pay trading fees with WRX?
If you use WRX to pay fees, you’ll be paying flat trading fee of 0.1%
It means that you’ll pay the lowest trading fees in India on WazirX. 💪
Happy trading!
*Above content is migrated from medium to wazirx blogDisclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
