Is WazirX’s “Restart” Tomorrow Trustworthy? Nischal Shetty Looks Back At Lessons Learnt

India’s largest crypto exchange, WazirX, is officially relaunching trading, deposits and withdrawals starting tomorrow, 24 October 2025. The exchange was halted for over a year following a massive hack, which was followed by a restructuring plan. Importantly, the exchange has promised to compensate the hack-affected creditors withing 10 business days of the relaunch. 

But, the relaunch is being closely watched.

“Will you still trust this exchange or not?” contemplate investors on X. WazirX’s crypto collapse was India’s most high-profile case, leaving investors in limbo since mid-2024. Though Shetty thanked the WazirX community, investors took to X to express disappointment and grievances over the handling of the collapse.

“Moving fast towards the WazirX restart!” said Co-founder and CEO Nischal Shetty on X. “Trading starts tomorrow, 24th October. 0 Fee trading for a minimum of 30 days. We will try our best to extend even further! We want to be with our tribe and support you in whatever way we can.”

“Our focus is only YOU,” he added. 

Thanks!

1. Crypto trading and withdrawals, both start from tomorrow. We will continue to add more tokens to the trading and withdrawal list.

2. INR Withdrawals are already live. https://t.co/nRy7DNwTco

— Nischal (Shardeum)

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