How to deposit on WazirX
- Our rating
- 2.8
- Status
- Caution
- Rails
- 3
- Countries
- 1
- Review updated
- 2026-08-23
Know before you deposit
Lost 234 million dollars in a July 2024 wallet breach and froze customer funds for over a year. A Singapore court approved a restructuring in October 2025 and trading resumed on 24 October 2025, with an initial 85 percent payout. The remaining 15 percent is owed in Recovery Tokens that remain non-tradable and non-withdrawable as of mid-2026.
WazirX takes 3 payment rails across the 1 country we rank it in. The widest: IMPS (1 country), NEFT (1 country), UPI (1 country).
Every rail, by how far it reaches
Counted from our country guides: a rail is listed here only where at least one country we rank WazirX in carries it. Each rail opens its own page with the exact countries.
Domestic bank rail
| Rail | Countries | Speed |
|---|---|---|
| IMPS | 1India | Credit is immediate and the service runs 24 hours a day, every day of the year, weekends and bank holidays included. |
| NEFT | 1India | NEFT runs round the clock on all days and settles in half hourly batches, with the beneficiary bank required to credit the account within two hours of the batch settling. |
| UPI | 1India | Transfers are real time and the service is available 24 hours a day, every day of the year, including bank holidays. |
As published by WazirX: UPI, IMPS, NEFT.
Frequently asked questions
What payment methods does WazirX accept?
3 rails across the countries we rank it in: IMPS, NEFT and UPI. Which of them you can use depends on your country; each rail below lists exactly where it is offered.
Can I deposit by bank transfer on WazirX?
Yes. IMPS, NEFT and UPI are on our record for WazirX, covering 1 country between them.
Can I pay by card on WazirX?
Not on our record. None of the rails our country guides list for WazirX is a card rail.