Fee Structure Of Unocoin Platform
Buy & Sell Bitcoin
Send & Receive
Crypto to Crypto Exchange
Lending
Buy and Sell bitcoin operations on Unocoin
Unocoin charges a fee of 0.5% to buy or sell bitcoin. Over an extended period of usage (minimum 60 days) and a significant transaction volume on your account,there will be an upgrade to “Gold Membership”. This upgrade gives you a higher transaction limit per day. A government levied IGST of 18% will be charged on the transaction fee. For example, if you are buying bitcoin for 10000 INR, then the transaction fee at 0.5% will be 50 INR and the IGST on that transaction fee would be 9 INR (Rounded up to 9 INR). Hence you will end up paying 10059 INR in total. Our IGST number is 29AABCU8112D1ZI.
Sending and Receiving bitcoin on Unocoin
When you send bitcoin to an email-id of Unocoin user, there is no fee. When sending bitcoin to a bitcoin address, Unocoin collects a fee of 0.0005 to 0.0009 BTC (the fee is set dynamically depending on the network congestion and will be displayed while sending out the bitcoin to a bitcoin address) that is deducted from your Unocoin balance which is paid to the mining network that validates, processes and secures your transactions.
There is no fee for receiving bitcoin on your Unocoin wallet.
History of collected bitcoin transaction mining fee changes for sending bitcoin to a bitcoin address from your Unocoin wallet:
- 14th November 2017 onwards – it will be dynamically set. Please check the fee before sending the bitcoin to a bitcoin address.
- 16th March 2017 to 14th November 2017: Bitcoin network fee was 0.0005 BTC
- 15th March 2016 to 16th March 2017: Bitcoin network fee was 0.0002 BTC
- 15th December 2013 to 14th March 2016: Bitcoin network fee was 0.0001 BTC
Storing Bitcoin on Unocoin
There is no fee to store your bitcoin on Unocoin wallet.
P.S: The above fee are subject to changes without notice. You can visit this page using the link at the bottom of every web page for updates on the fee structure before completing a transaction.
Crypto to Crypto Exchange
| Coin | Maker Fee | Taker Fee | Deposit Fee | Min Withdrawal | Confirmation | Network Fee |
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Lending Fee structure
| Coin | Type | Min Loan | Max Loan | Interest Rate | Late Fee Rate | Processing Fee |
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