WazirX, one of India’s largest crypto exchanges, will temporarily suspend crypto deposits and withdrawals starting May 21, 2026, at 11:55 PM IST, with services expected to resume by May 22, 2026, at 4:00 AM IST.
The exchange shared the update via a post on X on May 20, citing scheduled maintenance as the reason for the downtime.
What will be affected?
According to the announcement, only crypto deposits and withdrawals will be paused during the maintenance period. Spot and Futures trading will continue to function normally, and all other services on the platform will remain available throughout the downtime. Deposits and withdrawals will resume once the maintenance is complete.
The exchange did not specify the exact reason behind the maintenance or which blockchain networks might be involved.
Not the first time
This is not the first time WazirX has scheduled such downtime in recent months. On March 19, 2026, the exchange carried out a much broader scheduled maintenance from 11:55 PM to 4:00 AM IST, during which sign-ups, trading, INR deposits and withdrawals, crypto deposits and withdrawals, and even order cancellations were all unavailable.
That March maintenance was notably more disruptive compared to the current one, which only affects crypto deposit and withdrawal services.
Going further back, WazirX conducted a system-wide maintenance on October 28, 2024, from 10 PM IST to 3 AM IST on October 29, when all services were taken offline for a system upgrade.
At that time, the platform was still shut down following the $234.9 million hack that hit the exchange on July 18, 2024, and the maintenance announcement had drawn sharp criticism from users who questioned what services were even available to maintain at that point.
Before the hack, in May 2022, WazirX had also performed wallet maintenance for multiple networks including Bitcoin, Ethereum, Tron, Litecoin, Binance Chain, and Ripple, suspending withdrawals on all affected chains.
A busy period for WazirX
The maintenance comes during a particularly active stretch for the exchange. Just last week, on May 13, 2026, WazirX launched INR-settled crypto futures trading with maker fees of 0.02% and taker fees of 0.04%, positioning itself as one of the lowest-fee futures platforms in India. The launch was part of a broader product expansion push that began after the exchange restarted operations on October 24, 2025, following a Singapore High Court-approved restructuring.
Earlier this month, on May 7, 2026, WazirX also unveiled its“Guardians of Trust” hub, a dedicated section on its website focused on security partnerships, transparency updates, and investor education.
On the regulatory front, WazirX representatives were scheduled to appear before the Parliamentary Standing Committee on Finance on May 20, 2026, alongside ZebPay and Binance, to discuss Virtual Digital Assets and the way forward for crypto regulation in India.
The invite to WazirX drew mixed reactions from the crypto community, with some questioning why an exchange that went through a major hack was being consulted on policy matters.
With 15% of user funds from the July 2024 hack still locked in non-tradable Recovery Tokens and no public confirmation of the $10 million quarterly profit threshold being met for buybacks, any disruption to deposit and withdrawal services on WazirX continues to draw closer scrutiny from users who are still waiting for full access to their funds.
The maintenance is scheduled to end at 4:00 AM IST on May 22. WazirX has not indicated whether any further downtime is planned beyond this window.
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