WazirX users report auto-enrollment into ZERO paid plan without consent, with balances drained while withdrawals remain restricted. WazirX ZERO has triggered freshWazirX users report auto-enrollment into ZERO paid plan without consent, with balances drained while withdrawals remain restricted. WazirX ZERO has triggered fresh

WazirX Users Furious – Auto-Enrolled into Paid Plan, Balances Drained to Cover “ZERO Trading”

WazirX users report auto-enrollment into ZERO paid plan without consent, with balances drained while withdrawals remain restricted.

WazirX ZERO has triggered fresh anger across the Indian crypto community. The issue is related to auto-enrollment into a paid plan without user approval. 

Users started to notice that Charges appeared suddenly in their wallets, which had been idle for months. 

To worsen things, many affected users still face restricted withdrawals from earlier events.

WazirX ZERO Auto Enrollment Complaints Spread Fast

WazirX ZERO launched as a new flat fee trading plan. The exchange presented it as a trader-friendly option where users would pay ₹99 per month plus tax instead of paying trading fees per order.

However, problems surfaced soon after the free trial ended.

Users started sharing screenshots on X showing invoices and deductions, and many said they never opted in. Several accounts had no recent trades and some wallets had remained untouched since withdrawals were halted last year.

One user reported losing ₹100 from an idle wallet that held only a small balance. Another shared proof that auto-renewal had been enabled by default. Opting out also required manual action inside account settings.

Anger spread quickly and many users questioned why the exchange assumed they all gave consent.

How WazirX ZERO Charges Were Collected

WazirX ZERO relies on a strict collection system, which itself caused much of the outrage.

First, the system checks the INR balance. If enough funds exist, it deducts the ₹99 fee plus GST. However, problems arise when no INR balance exists.

Next, the platform chooses the lowest value token in the user’s wallet and sells just enough to cover the fee.

Many users described this as shocking. Long-term holders saw their assets sold without pressing a sell button and some had planned to hold those coins while waiting for recovery updates.

Such forced liquidation raised alarms as users argued that selling assets for a subscription they never opted for, crosses a clear line.

Timing Makes WazirX ZERO Backlash Worse

The timing has worsened reactions, since WazirX still operates under restrictions linked to last year’s hack. Many users are still locked out of access to their funds.

The hack in question wiped out roughly $230 million from the exchange. Withdrawals stopped overnight and the exchange’s Parent firm Zettai Pte Ltd entered court-supervised restructuring.

Users later regained access to about 55% of their balances almost a year later, with the remaining 45% converted into Recovery Tokens. 

Still, some balances remain frozen due to legal probes and crypto withdrawals remain limited for many users.

Against this background, the fresh deductions from user accounts felt deeply unfair.

Related Reading: WazirX to Resume Trading After 16-Month Closure Following $230M Heist

Silence From WazirX Raises More Questions

As complaints grew, users looked for answers and yet, no official statement has been released to address the issue at publication time.

No explanation clarified why auto-enrollment became the default, and the exchange has announced no refund policy or justification.

This silence frustrated users further. Many asked how fees could be charged while withdrawals stayed restricted.

Notably, fund freezes have lasted over a year and recovery timelines remain vague. 

India still treats crypto as Virtual Digital Assets, where gains face a 30% tax and clear consumer protections remain limited.

Some critics continue to argue that exchanges like WazirX are taking advantage of weak oversight.

The post WazirX Users Furious – Auto-Enrolled into Paid Plan, Balances Drained to Cover “ZERO Trading” appeared first on Live Bitcoin News.

Piyasa Fırsatı
PAID Network Logosu
PAID Network Fiyatı(PAID)
$0.00346
$0.00346$0.00346
-0.28%
USD
PAID Network (PAID) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Cashing In On University Patents Means Giving Up On Our Innovation Future

Cashing In On University Patents Means Giving Up On Our Innovation Future

The post Cashing In On University Patents Means Giving Up On Our Innovation Future appeared on BitcoinEthereumNews.com. “It’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress,” writes Pipes. Getty Images Washington is addicted to taxing success. Now, Commerce Secretary Howard Lutnick is floating a plan to skim half the patent earnings from inventions developed at universities with federal funding. It’s being sold as a way to shore up programs like Social Security. In reality, it’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress. Yes, taxpayer dollars support early-stage research. But the real payoff comes later—in the jobs created, cures discovered, and industries launched when universities and private industry turn those discoveries into real products. By comparison, the sums at stake in patent licensing are trivial. Universities collectively earn only about $3.6 billion annually in patent income—less than the federal government spends on Social Security in a single day. Even confiscating half would barely register against a $6 trillion federal budget. And yet the damage from such a policy would be anything but trivial. The true return on taxpayer investment isn’t in licensing checks sent to Washington, but in the downstream economic activity that federally supported research unleashes. Thanks to the bipartisan Bayh-Dole Act of 1980, universities and private industry have powerful incentives to translate early-stage discoveries into real-world products. Before Bayh-Dole, the government hoarded patents from federally funded research, and fewer than 5% were ever licensed. Once universities could own and license their own inventions, innovation exploded. The result has been one of the best returns on investment in government history. Since 1996, university research has added nearly $2 trillion to U.S. industrial output, supported 6.5 million jobs, and launched more than 19,000 startups. Those companies pay…
Paylaş
BitcoinEthereumNews2025/09/18 03:26
Trump Reviews Candidates to Succeed Fed Chair Powell

Trump Reviews Candidates to Succeed Fed Chair Powell

The post Trump Reviews Candidates to Succeed Fed Chair Powell appeared on BitcoinEthereumNews.com. Key Points: Trump evaluates Fed Chair candidates, considering
Paylaş
BitcoinEthereumNews2025/12/19 08:34
Will XRP Price Increase In September 2025?

Will XRP Price Increase In September 2025?

Ripple XRP is a cryptocurrency that primarily focuses on building a decentralised payments network to facilitate low-cost and cross-border transactions. It’s a native digital currency of the Ripple network, which works as a blockchain called the XRP Ledger (XRPL). It utilised a shared, distributed ledger to track account balances and transactions. What Do XRP Charts Reveal? […]
Paylaş
Tronweekly2025/09/18 00:00