Both exchanges have been hacked, WazirX in 2024, CoinDCX in 2025, with very different outcomes for users. Here's how they compare now that WazirX is trading again.
CoinDCX is the safer all-round pick: its customers lost nothing in its hack and it has more products. WazirX wins on cost for frequent traders with its ₹99/month zero-fee plan, if you accept its history.
| CoinDCX | WazirX | |
|---|---|---|
| Best for | Traders who want spot, INR futures and options in one app | High-frequency INR traders who want flat fees |
| Founded / HQ | 2018 · Mumbai | 2018 · Mumbai (now run by Zettai Pte Ltd, Singapore) |
| FIU-IND registered | Yes, registered with FIU-IND as a reporting entity; no FIU penalty found | Yes, registered with FIU-IND; no FIU penalty found |
| INR deposits | UPI, IMPS/NEFT bank transfer | UPI, IMPS/NEFT bank transfer |
| Spot trading fee | Tiered by 30-day volume, roughly 0.03% to 0.50% on INR spot (check the live fee page) + 18% GST on fees | WazirX ZERO: ₹99/month + GST for zero-fee trading; otherwise 0.10% to 0.40% on INR markets. USDT markets currently 0%. |
| Futures | Yes, INR-margined and USDT-margined futures, plus INR options on BTC, ETH and SOL | Yes, INR-settled perpetual futures on BTC and ETH (since May 2026), up to 10x, 0.02% maker / 0.04% taker |
| SIP / recurring | Yes, from ₹100, including daily SIPs | Not confirmed |
| Coins listed | 500+ (company claim) | 300+ |
| 1% TDS deducted | Yes, automatically | Yes, automatically; free Taxlyst tax reports |
| Security record | July 2025: about $44M taken from an internal operational wallet; customer funds untouched, loss covered from CoinDCX's treasury. Publishes monthly proof-of-reserves. | July 2024: about $235M stolen from a multisig wallet (attributed to North Korea's Lazarus Group). Withdrawals frozen for ~15 months; users got ~85% back under a court-approved scheme plus recovery tokens. Custody now with BitGo and Fireblocks. |
In July 2024 WazirX lost about $235M from a multisig wallet. Withdrawals froze for around 15 months, and users recovered about 85% of balances plus recovery tokens under a Singapore court-approved scheme. In July 2025 CoinDCX lost about $44M from an internal operational wallet; customer funds were untouched and CoinDCX covered the loss from its treasury.
WazirX ZERO charges ₹99 a month plus GST for zero-fee trading, which is hard to beat if you trade often. Without it, WazirX INR fees run 0.10% to 0.40%. CoinDCX tiers fees by volume, roughly 0.03% to 0.50%.
CoinDCX has INR and USDT futures, INR options, SIPs and staking. WazirX added INR-settled perpetual futures on BTC and ETH in May 2026 and offers free tax reports through Taxlyst.
Read the full reviews: CoinDCX review · WazirX review · every Indian app compared.
On track record, no: WazirX users lost about 15% and waited over a year after the 2024 hack, while CoinDCX customers lost nothing in 2025. Both are FIU-registered and operating.
For frequent traders, WazirX's ₹99/month ZERO plan is usually cheaper. For occasional buys, the difference is small.
Yes. Trading restarted on 24 October 2025 after the Singapore High Court approved its restructuring.
