After a 16-month hiatus, with frozen user funds and the suspension of trading and withdrawals, India’s largest cryptocurrency exchange, WazirX, officially announced that it would resume trading on Thursday, October 24, 2025. The company announced that users will be given access to only 85% of their invested amount.
WazirX revealed that trading will be enabled gradually in four phases over the course of four days. 25% of the listed tokens will be made available on Thursday, another 25% on Friday, 25% on Saturday, and the remaining 25% on Sunday. “This approach ensures a smooth, stable, and transparent restart, allowing users to follow the progress clearly, day by day,” the trading platform announced.
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Several tokens and trading pairs have also been delisted by WazirX before the resumption of trading. “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,” their blog read.
WazirX Relaunch: Users Give Mixed Reaction
Several WazirX users expressed displeasure on the platform for giving them only 85% of the invested amount. They questioned the rebalancing portfolio and are demanding to receive 100% of their funds. However, the company is least likely to fund the rest of the 15% of all users’ portfolios. So that’s money gone down the drain with no fault of theirs.
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The cryptocurrency platform boasts of 16 million users, and all operations were halted after a $230 million hack in 2024. The once dominant platform in India saw a downfall and user distrust after the hack. The pause in withdrawals made things worse, leading to a lasting scar among traders. We will have to wait and watch whether user confidence will rise again after the restart.