WazirX Resumes Today: Trading and Withdrawals Reopened After 15 Months

Hey Indians! WazirX Resumes Trading Today After Hack and the closure of 15 months of operations due to a 235 million cyberattack. The relaunch will focus on refunding users and enhancing security.

WazirX is Back

India’s largest crypto exchange is restarting its operations today, October 24, 2025, after being offline since July 2024 due to a major hack. The platform will reinstate trading and withdrawals, and its 6.6 million users will be able to access their accounts again.

The cyberattack has impacted the multi-signature wallet , which handles almost half of the holdings of the platform. The event caused a prolonged reorganization that aimed at restoring finances and improving security.

Source: Bitinning X

Singapore High Court Approves Recovery Plan

The relaunch follows the fact that the Singapore High Court accepted the restructuring plan on October 13, 2025.

According to the approved plan:

• 85% of user balances (as of July 18, 2024) will be refunded instantly.

• The remaining 15% will be over a period of three years, through profits and recoveries.

• This measure will guarantee that the WazirX operations reopening date in India is secure, transparent, and safe for all users.

Focus on Security and Asset Protection

WazirX has collaborated with a crypto custodian firm based in the US, BitGo, to protect digital assets. This WazirX BitGo partnership news introduces insured custody and greater security to avoid breaches in the future. The exchange emphasized that security and regulatory compliance are top priorities, aiming to rebuild user trust after the hack.

Source: ETTimes

Trading Incentives and Relaunch Phase

To attract users to engage in trading, the platform initially relaunches with zero trading fees on specific crypto pairs, such as USDT/INR, as part of the first relaunch.

The relaunch will be done in stages:

• Phase 1: Crypto-to-crypto trading pairs and USDT/INR market.

• Phase 2: New pairs will be introduced at a time.

Users can now see WazirX withdrawals and deposits live , and the platform ensures secure access to all accounts.

How to Recover Funds on WazirX 2025

Users who want to reclaim their balances can use the directions on the platform to reclaim their funds. The staged distribution plan will ensure that the post-relaunch process of trading is secure and easy, with the remaining money being refunded over three years.

Impact on the Indian Crypto Market

The relenting of exchange is a good omen to the Indian crypto market, which has experienced regulatory challenges and cybersecurity issues. Analysts think that the reintroduction will help build trust in the cryptocurrency trading sites.

However, investors are encouraged to confirm account recoveries themselves. The platform was among the top cryptocurrency exchanges in India with more than 16 million registered users before the hack.

Conclusion

WazirX Lates t news on the safety of its user after 15 months of downtime. Zero trading fees on certain pairs, approval by the Singapore High Court, and the BitGo partnership are all positive steps that are being undertaken to regain its presence in the Indian crypto industry.

The staged re-introduction and enhanced security will help to make sure that the exchange is not only able to recover after the hack, but also will demonstrate a precedent of secure and compliant crypto trading in India.