FEES

1. OTC Market

a. Advertise fee

Posting an advertisement is free and does not attract any charges from the user.

b. Trading Fee

The displayed price in any advertisement already includes trading fee and will be the final price that you need to pay (there are no additional fees).

Trading fee is calculated as 0.5% of the price set on the advertisement. The price displayed to advertisement's viewers already includes fees.

E.g

Sell Offer:

If you make an advertisement or offer to sell 1 BTC at 8000 USD/BTC, then your actual receiving price is 8000 USD, and the displayed price in the ads is 8000 + 0.5% * 8000 = 8040 USD.

When buyers take your offer, they will pay the displayed price, which is 8040 USD. You will receive that 8040 USD in exchange for (1 BTC + 0.5% * 1 BTC) = 1.005 BTC in which 1 BTC will go to the buyer, and 0.005 BTC is the trading fee.

Buy Offer:

If you make an advertisement or offer to buy 1 BTC at 8000 USD/BTC, then your actual paying price is USD/BTC, and the displayed price in the ads is (8000 – 0.5% * 8000) = 7960 USD.

When someone sells bitcoin to you, you will pay (8000 – 0.5% * 8000) = 7960 USD, and receive (1 BTC – 0.5% * 1) = 0.995 BTC. So you pay exactly 8000 USD/BTC and do not pay any other fees.

Trading fee, in this case, is 0.5% of the total BTC amount.

2. Exchange Market

0.1% trading fee is applied both for market makers and market takers. Any changes to this will be announced to our users before implementation.

3. Withdrawal Fee

The withdrawal fee is fixed, regardless of the withdrawal amount.

Withdrawal fee for each coin

DIGITAL ASSETS FEES
Bitcoin (BTC) 0.0003 BTC
Ethereum (ETH) 0.006 ETH
Kemfe Credits (KFC) 300.00 KFC
USD COIN (USDC) 1.000 USDC
Tether USD (USDT) 1.000 USDT
True USD (TUSD) 1.000 TUSD
Paxos Standard (PAX) 1.000 PAX
Gemini Dollar (GUSD) 1.000 GUSD
Dai Stable Coin (DAI) 1.000 DAI

In order to guarantee the transfer speed, the network transfer fee will be adjusted in real time according to the situation.

4. Minimum Coin Amount Per Withdrawal

DIGITAL ASSETS FEES
Bitcoin (BTC) 0.0002 BTC
Ethereum (ETH) 0.001 ETH
Kemfe Credits (KFC) 200.00 KFC
USD COIN (USDC) 1.000 USDC
Tether USD (USDT) 1.000 USDT
True USD (TUSD) 1.000 TUSD
Paxos Standard (PAX) 1.000 PAX
Gemini Dollar (GUSD) 1.000 GUSD
Dai Stable Coin (DAI) 1.00 DAI

5. Deposit Fee

FREE: All deposits to the exchange is free of charge and does not attract any fees no matter the amount you want to deposit.

6. Transfer Fee

All transfers between you OTC wallet and Exchange wallet attract no fees. It is free of charge.