Fee Structure

Spot Trading Fees

Traders are categorized in VIP levels based on their trading volume in the last 30 days and holdings of BNS Token. Higher the VIP level, lower the trading fee.

NOTE: Fee discounts are applicable only if the Pay with BNS option is enabled. You can do it in the Profile section. profile section

Level30d Trade VolumeBNS BalanceFees (Pay With BNS ON)Fees (Pay With BNS OFF)
Explorer≥ 0 USDT < $1000.2500%0.25%
VIP 0 < 6,000 USDT≥ $1000.1875%0.25%
VIP 1≥ 6,000 USDT ≥ $2000.1725%0.25%
VIP 2≥ 80,000 USDT ≥ $1,0000.1500%0.25%
VIP 3≥ 5,00,000 USDT ≥ $2,5000.1125%0.25%
VIP 4≥ 20,00,000 USDT ≥ $10,0000.0900%0.25%
VIP 5≥ 1,00,00,000 USDT ≥ $25,0000.0750%0.25%
VIP 6≥ 2,00,00,000 USDT ≥ $50,0000.0600%0.25%
VIP 7≥ 3,00,00,000 USDT ≥ $1,00,0000.0450%0.25%
VIP 8≥ 5,00,00,000 USDT ≥ $1,50,0000.0375%0.25%
VIP 9≥ 8,00,00,000 USDT ≥ $2,00,0000.0300%0.25%

Note:

  • Minimum fee: ₹0.01 or 0.01 USDT
  • A trader holding less than 25 USDT worth of BNS tokens, or not having Pay with BNS enabled, would incur the usual 0.25% trade fees.
  • All daily trades will be counted for the previous 30 days and the discounts would be given through fee refunds everyday at 12 PM IST.

Eg: So from March 6th to April 4th, the last 30 days trades would be taken to compute the fee refund for 4th. Trades across all markets (INR, USDT or others) will be considered.

Margin Trading Fees

Fees are applicable only for lenders. Borrowers are not charged any fee

  • Borrower: 0%
  • Lender: 15%

However, with Pay with BNS, one can avail discount on the fee. Here are the slabs:

BNS Holding WorthDiscount with Pay with BNS on
Margin Lending Interest
>200 USD10%
>500 USD20%
>1000 USD33.33%