How is buying and selling charge calculated on WazirX?


Expensive Tribe!

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Buying and selling Charge Calculation

There are two sorts of trades on WazirX:

The efficient buying and selling charges you pay will probably be decided by the quantity of WRX held by you on WazirX. The extra WRX you maintain, the decrease your buying and selling charges will probably be. Primarily based in your WRX holding on the time of the commerce, your buying and selling charge fee will probably be decided as follows:

WRX Holdings Buying and selling Charge Payable
0-10 WRX 0.20%
10-200 WRX 0.17%
200-1000 WRX 0.15%
>1000 WRX 0.10%

For instance, let’s say that you just’re holding 250 WRX on WazirX, and you purchase 100 USDT value of BTC within the USDT market. On this case, you’ll have to pay a buying and selling charge of 0.15% on this order, i.e., 0.15 USDT.

The best way to allow/disable the ‘Pay buying and selling charge with WRX’ possibility?

Step 1: Go to Account Settings

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Step 2: Click on on Charge Setting

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Step 3: Click on on the radio button to allow/disable ‘Pay buying and selling charge with WRX’

Ceaselessly Requested Questions

  1. After enabling the ‘Pay buying and selling charge with WRX’ function, how will my buying and selling charges be calculated?

Suppose you traded within the BTC/USDT market, and the full charge calculated for this commerce was 2 USDT, and the present market worth of 1 WRX is 1 USDT. On this situation, you’ll be paying 2 WRX as a buying and selling charge.

2. After enabling the “Pay buying and selling charge with WRX” function, I’ve inadequate WRX in my account; what occurs?

On this case, you’ll pay charges in INR, USDT, or BTC, relying in the marketplace you’re buying and selling in.

3. I’ve WRX reserved for the buying and selling charge as per unlock schedule, do I nonetheless should allow this function?

Sure, WRX, because the charge will solely be used when you have enabled this selection.

You probably have any additional questions, be happy to achieve out to us within the feedback beneath. We will probably be completely happy to assist. 

Glad buying and selling!

Disclaimer: Cryptocurrency isn’t a authorized tender and is at present unregulated. Kindly make sure that you undertake enough danger evaluation when buying and selling cryptocurrencies as they’re typically topic to excessive worth volatility. The knowledge supplied on this part does not signify any funding recommendation or WazirX’s official place. WazirX reserves the precise in its sole discretion to amend or change this weblog publish at any time and for any causes with out prior discover.

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