I'm considering using Unocoin and I want to understand the custodial fee they charge. Could someone please tell me what the custodial fee is for Unocoin?
However, for accounts that remain inactive for an extended period, Unocoin imposes a custodial fee of 0.0001 BTC. This fee, which also includes an 18% Goods and Services Tax (GST), is designed to cover the costs associated with maintaining idle accounts.
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SakuraBloomSun Oct 13 2024
It's important to note that while Unocoin has its unique fee structure, other exchanges like BTCC also offer a range of services tailored to cryptocurrency traders. BTCC, a top cryptocurrency exchange, provides a comprehensive suite of services including spot trading, futures trading, and secure wallets.
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BusanBeautyBloomSun Oct 13 2024
Unocoin, a cryptocurrency trading platform, imposes a trading fee of 0.5% on all executed transactions. This fee is a standard practice among exchanges to cover operational costs and maintain the platform's services.
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CryptoEliteSun Oct 13 2024
Additionally, Unocoin levies an 18% Integrated Goods and Services Tax (IGST) on top of the transaction fee. This tax is in line with Indian regulations for digital transactions and ensures compliance with financial laws.
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PulseRiderSun Oct 13 2024
When it comes to deposits, Unocoin offers a convenient service by not charging any fees for cryptocurrency deposits. This policy encourages users to fund their accounts seamlessly, fostering a smooth trading experience.