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How to Trade in Bitbns
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NOTIFICATIONS:
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  • Token Swap: We do support TRX and EOS Token Swap.
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  • New Feature: Price Alerts are now live. You can now add price alert for price rise or drop from the trade pages.
  • Update: Segwit addresses for BTC are live. Users can still deposit to old addresses for 2 days. Withdrawal Fees slashed to .0005 BTC
    yippie
  • Changes: We have changed our bank deposit details for NEFT, IMPS, RTGS. Kindly check the deposits page for new details.
    See the New Bank Details
  • New Feature: Introducing Digital Assets Margin Trading in India
    Check it out now
  • OMG & VEN Limited Time Trade Offer: Trade fee on both buy & sell side for OMG & VEN slashed to 0.1% starting from 6:00PM 2nd Apr, 2018 till 12:00PM 3rd April, 2018
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  • Multiple Contests: Deposit, Trade & win with VEN, ICX, REQ, OMG, ADA, ZIL, NCASH, POLY & EOS. Check the corresponding trade pages for more details
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  • CONTEST: Deposit 100 EOS and trade it. Get 0.4 EOS free. Deposits from 3:00 PM, 27th March would be considered
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  • CONTEST: Deposit 500 POLY and trade it. Get 3 POLY free. Deposits from 3:00 PM, 27th March would be considered.
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  • • ADA Trading is live! Happy Trading.here
  • CONTEST (Expired): Deposit 5000 TRX and trade it. Get 30 TRX free. Deposits from 12:30 PM, 24th March would be considered
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  • CONTEST: Participate & Win 500 ADA, Free Trading & much more
    Read the Rules |See Leaderboard
  • • New Feature: You can now place Stop-Limit Orders
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  • • Refer and earn ₹100 for each invite to Bitbns
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  • • Now you can Follow Blockchain, Cryptocurrency News & Updates on Bitbns
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  • • As an added layer of security, 2FA is now mandatory for withdrawals. If you haven't enabled 2-factor Authentication, you can enable it now.
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  • • The Mega Flash Sale Week @Bitbns from 5th - 13th March.yippie
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  • • Withdrawals would be unavailable during bank holidays and will only be open from 9:30AM to 5PM on other days.
  • The official Bitbns App is now available:
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Lowest Trading Fee in India

Trading Fees

Each of your transactions is charged a flat 0.25% trade fee, regardless of the volume you're trading. However, you will be eligible for a rebate if your total trade volume per day is greater than ₹4,00,000. Depending on which slab your daily trade volume falls under, we'll calculate the updated fees for the daily trade volume. The difference (Old fee – Updated fee) will be credited back to your INR wallet, at the end of the day.

TRADE VOLUME PER DAYFEE PERCENTAGE
< ₹4,00,0000.25%
₹4,00,000 up to ₹10,00,0000.23%
₹10,00,000 up to ₹25,00,0000.21%
> ₹25,00,0000.18%
HOW IT WORKS:
  1. If Aravindh buys 0.5 BTC at a rate of 1BTC = ₹1,90,000

    The base amount will be 0.5: × ₹1,90,000 = ₹95,000

    The trade fee will be (@0.25%): ₹95,000 × 0.0025 = ₹237.50

    So the total amount payable will be: ₹95,000 + ₹237.50 = ₹95,237.50

  2. If Aravindh sells 1 BTC at a rate of 1BTC = ₹5,00,000

    The base amount will be: 1 × ₹5,00,000 = ₹5,00,000

    The trade fee will be (@0.25): ₹5,00,000 × 0.0025 = ₹1250

    Amount Receivable: ₹5,00,000 - ₹1250 = ₹4,98,750

  3. Based on the above, we'll determine the total volume in a day. This total volume will determine the overall fee:

    In this case, total volume for Aravindh is:

    ₹95,000 + ₹5,00,000 = ₹5,95,000

    The total volume falls under the second slab @0.23%

    Based on this Arvind is supposed to pay: ₹5,95,000 × 0.0023 = ₹1368.5

    Fee paid already: ₹237.5 + ₹1250 = ₹1487.5

    Rebate: Fee Paid - Overall fee = ₹1487.5 - ₹1368.50 = ₹119

    So he will get a rebate of ₹119 at the start of next day in the Bitbns INR wallet, @00:01 IST. It would be credited with Bitbns trading rebate

The lowest trading fee is INR 0.01.

If you cancel an open order the trade fee is refunded back.

Deposit Fees

CURRENCYFEE
BitcoinFree
Indian Rupees via NEFT/IMPSFree (Minimum Deposit ₹2000)

Withdrawal Fees

CURRENCYFEE
0x3
Achain0.1
Augur0.1
Apex1
Achain0.1
Bitcoin0.0005
Bitcoin Cash0.001
Bluzelle3
Cardano1
DigixDAO0.01
Dash0.02
DeepBrain Chain0.1
DigiByte1
Doge2
Effect.AI1
Electroneum1
EOS0.5
Ethereum0.002
Gas0
ICON0.5
Litecoin0.01
Loom10
Loopring3
Monero0.02
NEM1
Neo0
Nexo5
Nucleus Vision50
Omisego0.2
Ontology0.1
Polymath5
Power Ledger8
QLINK0.1
Red Pulse0.1
Request10
Ripple0.1
Sia1
Stellar0.01
Substratum3
Tron50
Vechain0.5
Verge2
Wanchain0.01
Waves0.01
WePower30
Zilliqa50
Indian Rupees via NEFT/IMPSFree

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