WazirX launches crypto futures trading with lowest fees in the industry
New Delhi, May 13 -- WazirX on Wednesday launched crypto Futures trading with what it said are the lowest trading fees among crypto exchanges operating in India, as the platform looks to expand Futures access for retail traders.
The exchange said Futures trading will carry a maker fee of 0.02 per cent and a taker fee of 0.04 per cent, with no minimum trading volume required to access the rates. Users will also be able to trade Futures directly in rupees without first converting funds into USDT.
"Futures trading in India has meant high fees unless you are a large-volume institutional trader. We have changed that baseline," said Nischal Shetty, founder of WazirX.
The company said users will be required to complete a mandatory knowledge a...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.