Coinome Fees (Introductory Pricing)
Fees are charged on a per-trade basis
Fees are calculated as a percentage of the receiving currency, but is represented in INR.
Minimum Trade Commission
|Indian Rupee (INR)||0.1|
|Bitcoin Cash (BCH)||0.000001|
|GST of 18% would be applicable on the fees charged.|
What Does Maker-Taker Mean?
Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. Makers are so named because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own.
The maker-taker model encourages market liquidity by rewarding the makers of that liquidity with a fee discount. It also results in a tighter market spread due to the increased incentive for makers to outbid each other. The higher fee that the taker pays is usually offset by the better prices this tighter spread provides.
|Deposit Fees||Withdrawal Fees|
|Indian Rupees (INR)||Free||Free|
|Bitcoin (BTC)||Free||0.001 BTC|
|Bitcoin Cash (BCH)||Free||0.001 BCH|
|Litecoin (LTC)||Free||0.005 LTC|
|Per Transaction||Per Day||Per Transaction||Per Day|
|Indian Rupees (INR)||Min 1000.0
|No Limit||Min 1000.0
|Bitcoin (BTC)||No Limit||No Limit||Min 0.002 BTC
Max 10 BTC
|Max 50 BTC|
|Bitcoin Cash (BCH)||No Limit||No Limit||Min 0.002 BCH
Max 10 BCH
|Max 50 BCH|
|Litecoin (LTC)||No Limit||No Limit||Min 0.001 LTC
Max 10 LTC
|Max 50 LTC|
GSTIN : 32AAECH1271R1ZE