WazirX in India
- Rank in India
- #5 of 5
- Bitcoin in India
- Legal
- Our rating
- 2.8
- Status
- Caution
- Review updated
- 2026-08-23
Know before you deposit
WazirX ranks fifth of the 5 exchanges in our India guide and carries a caution flag. Here it takes UPI, IMPS and NEFT; UPI is the rail local buyers lead with. 0.2 percent flat, reducible with the WRX token, plus the 1 percent tax deducted at source.
How to pay on WazirX in India
The deposit rails WazirX offers to buyers in India, from our India guide reviewed 2026-08-23. Each one links to how that rail works here.
What WazirX charges, and what it asks for
0.2 percent flat, reducible with the WRX token, plus the 1 percent tax deducted at source. Rupee deposits are largely free; IMPS withdrawals cost 10 rupees.
- maker
- 0.2 percent, reducible with the WRX token
- taker
- 0.2 percent, reducible with the WRX token
- deposit note
- Rupee deposits over UPI, IMPS, NEFT and RTGS are largely free.
- withdrawal note
- Instant IMPS withdrawals cost 10 rupees and NEFT 5 rupees. Recovery Tokens from the restructuring remain non-withdrawable.
Identity verification
Required. Identity verification is required before you can deposit and trade.
Is bitcoin legal in India?
Bitcoin is legal to buy, hold, and trade in India, but it is not legal tender and the regime is deliberately unwelcoming. Platforms serving Indian users must register with the Financial Intelligence Unit under anti-money-laundering rules, and the tax code imposes a flat 30 percent tax on gains plus 1 percent TDS on transfers, with no offsetting of losses, terms the government reconfirmed in the union budget presented on February 1, 2026. New penalties for unreported crypto transactions take effect from April 2026.
Every exchange we rank in India
Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.
| # | Exchange | Rating | Fees | ID check | Pays with |
|---|---|---|---|---|---|
| 1 | CoinDCX | 4.0 | 0.2% trade, free UPI in | Required | UPI, IMPS, NEFT |
| 2 | ZebPay | 4.1 | 0.15% maker on the spot book | Required | UPI, IMPS, NEFT |
| 3 | Binance | 4.2 | From 0.1% spot, maker and taker | Required | UPI, IMPS, NEFT, Credit or debit card, P2P marketplaces with escrow |
| 4 | CoinSwitch | 3.9 | From 0.4% per trade | Required | UPI, IMPS, NEFT |
| 5 | WazirXThis page | 2.8Caution | 0.2% flat, restructuring open | Required | UPI, IMPS, NEFT |
Frequently asked questions
Is WazirX available in India?
Yes. WazirX ranks fifth of the 5 exchanges in our India guide, ranked on fees, security record and local payment support. Here it takes UPI, IMPS and NEFT; UPI is the rail local buyers lead with. Our India guide was last reviewed 2026-08-23 and the WazirX review on 2026-08-23.
What payment methods does WazirX accept in India?
In India, WazirX takes UPI, IMPS and NEFT. These are the localized rails from our India guide, not the platform's global list.
What does WazirX charge?
0.2 percent flat, reducible with the WRX token, plus the 1 percent tax deducted at source. Rupee deposits are largely free; IMPS withdrawals cost 10 rupees.
Does WazirX require identity verification?
Yes. Identity verification is required before you can deposit and trade. Our record marks this as the platform's own policy rather than a India rule, so it applies wherever WazirX operates.
Is bitcoin legal in India?
Bitcoin is legal to buy, hold, and trade in India, but it is not legal tender and the regime is deliberately unwelcoming.