Loading cryptocurrency prices...

WazirX Set to Restart Cryptocurrency Trading Officially

WazirX to Resume Trading in Four Phases on October 24, 2025, with Users Accessing 85% of Funds After 16-Month Hiatus Following $230M Hack

  • WazirX will restart trading on October 24, 2025, after 16 months of inactivity.
  • Users will regain access to only 85% of their invested funds, sparking dissatisfaction.
  • The trading platform will resume operations in four phases over four days, releasing 25% of tokens each day.
  • Several tokens have been delisted following an internal review to meet transparency and stability standards.
  • WazirX suspended activities after a $230 million hack in 2024, leading to lowered user trust.

WazirX, India’s largest cryptocurrency exchange, announced it will resume trading on Thursday, October 24, 2025. This relaunch follows a 16-month break during which trading and withdrawals were suspended and user funds were frozen.

- Advertisement -

The company has stated that users will regain access to only 85% of their invested funds. Trading will resume gradually across four days, releasing 25% of the tokens available for trade each day, from Thursday through Sunday. The phased approach aims to ensure a stable and transparent restart.

In an official statement, WazirX said, “This approach ensures a smooth, stable, and transparent restart, allowing users to follow the progress clearly, day by day.” The platform also announced that it had delisted several tokens after reviewing each against requirements for transparency, technical stability, and project integrity. Those tokens that failed to meet these standards were removed to protect users.

“We periodically review every listed token to ensure it continues to meet our standards of transparency, technical stability, and project integrity. When a token no longer meets these standards or when the project itself changes direction, we take the necessary steps to protect our users – including delisting or swapping where required,” the company blog stated.

Many users expressed frustration over receiving only 85% of their funds and questioned the rebalancing process. Most users demand full return of their original investments, but WazirX has indicated it is unlikely to provide the remaining 15%.

- Advertisement -

WazirX has a user base of 16 million. The platform paused all operations after being hacked in 2024, resulting in estimated losses of $230 million. This breach and the halt of withdrawals damaged the platform’s reputation, raising questions about whether users will regain trust post-restart.

More details on the trading resumption can be found at the official WazirX announcement.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Bitcoin Loses Momentum After Fed Warning, Musk Predicts Boom

Bitcoin’s price has recently declined after a Federal Reserve warning, dropping from close to...

Trump’s 2025 Strategy Highlights AI, Omits Crypto Innovation

Donald Trump advanced several pro-crypto policies since taking office in early 2024.The administration reversed...

BRICS Bank Funds $39B Projects, Aims to End US Financial Hegemony

The New Development Bank has approved over $39 billion for 120 infrastructure projects in...

India Aims for 8-10% Global Satellite Market Share by 2035

India aims to secure 8-10% of the global commercial space market within the next...

French Bank BPCE Launches Crypto Trading for 2M Customers Monday

BPCE will launch crypto trading in its mobile apps for about 2 million customers...
- Advertisement -

Must Read

10 Best Bitcoin Debit Cards

You are reading this post because you want to get your hands on the best bitcoin debit card - right? Well, we got you covered. We...