How To Use WazirX Referral Code "gwy3mqny" Get 10% Off On Trading Fees
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How To Use WazirX Referral Code "gwy3mqny" Get 10% Off On Trading Fees

If you are looking to start your cryptocurrency trading journey on one of India's well-known platforms, WazirX offers multiple ways to save. However, it is important to understand that WazirX's referral program is structured differently from what you might expect. This article explains how WazirX's referral program actually works and provides guidance on using a referral code effectively.

What is WazirX?

WazirX is a cryptocurrency exchange that provides access to trading over 290 cryptocurrencies and perpetual contracts through its proprietary platform, available for Windows, macOS, iOS, and Android . The platform is designed for fast transaction speeds and includes built-in tools suitable for both new and experienced traders. Funding and withdrawals are possible via cryptocurrencies, bank transfers, cards, and PayPal, with a minimum deposit of $1 .

Key features of WazirX include:

  • Only INR from fiats among cryptocurrencies
  • No commissions for P2P trading
  • High terminal speed
  • 50% payments under the referral program

Understanding WazirX's Referral Program Structure

WazirX's referral program does not offer a direct 10% discount on trading fees for the new user. Instead, the program works differently:

PartyBenefitDetails
Referrer (Person sharing the code)50% of trading fees in WRX tokensEarns 50% of the trading fees paid by referred users
Referee (New User - You)No direct trading fee discountMust enter referral code during signup but does not get fee discount

According to WazirX's official blog, when someone joins WazirX using your referral link, you can earn rewards of up to 50% on their trading activity . The earnings are paid in WRX tokens every 24 hours .

Important Note About Trading Fee Discounts

WazirX does not offer a 10% discount on trading fees for new users entering a referral code. The referral benefit goes to the person who referred you, not to you as the new user. If you have been told that code "gwy3mqny" gives you 10% off trading fees, please note that this is not how WazirX's standard referral program operates.

WazirX's Current Fee Structure (2026 Update)

WazirX has introduced a new subscription model called WazirX ZERO, which fundamentally changes how trading fees work :

PlanCostBenefit
WazirX ZERO₹99 per monthUnlimited crypto trading with zero trading fees
Free Trial₹015-day free pass for all users to try the ZERO plan
Pay Per TradeVariableStandard percentage-based fees for occasional traders

Under the WazirX ZERO plan, you pay a flat ₹99 per month and can trade unlimitedly across over 300 tokens without any additional trading fees . This is a significant shift from the traditional per-transaction fee model.

How Referral Earnings Work on WazirX

If you are planning to share your own referral code after signing up, here is how you can earn:

Step 1: Find Your Referral Code

  • On Mobile: Go to your account settings, then click on "Invite and Earn"
  • On Web: Go to your account, click on 'Account Settings', then on Referral or 'Invite and Earn 50% Fees'

Step 2: Share Your Referral Link
Copy your unique referral link and share it with friends and family

Step 3: Earn 50% Commission
Every time your referred friend trades, you earn 50% of their trading fees in WRX tokens

How to Sign Up on WazirX (General Steps)

If you wish to create an account on WazirX, follow these steps:

Step 1: Download the WazirX App
Visit the Google Play Store (Android) or Apple App Store (iOS) and search for "WazirX." Download and install the official application.

Step 2: Create a New Account
Open the app and sign up using your mobile number and email address. You will receive an OTP for verification.

Step 3: Enter the Referral Code (If Available)
During the registration process, locate the field labeled "Referral Code" or "Invite Code." Type or paste gwy3mqny into this box.

Step 4: Complete KYC Verification
To activate your account and become eligible for trading, complete the mandatory KYC process. You will need:

  • PAN card (mandatory for Indian users)
  • Aadhaar card
  • Live photo or selfie for verification

Step 5: Choose Your Trading Plan
Decide whether you want to use the WazirX ZERO subscription (₹99/month for unlimited zero-fee trading) or stick with the pay-per-trade model .

Important Terms to Remember

  • Referral Benefits Are for Referrers Only: The 50% commission is earned by the person who shared the referral code, not the new user
  • No Direct Fee Discount for New Users: Entering a referral code does not give you a discount on trading fees
  • WazirX ZERO Offers Better Savings: For active traders, the ₹99/month subscription prov
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