#CryptoFees101
How much are crypto fees?
BTC/USD Trading Fees
The purchase and sales prices displayed on the Buy/Sell Virtual Currencies displays a fee between 0.1% and 6.0%. In the event of sudden price changes, the liquidity of the market, etc., purchase and sales prices that exceed the scope of the corresponding fees may be offered.
How is 30% tax on cryptocurrency in India?
30% Tax: Any profits you make from selling crypto for INR are taxed at a flat 30% rate. 1% TDS: Additionally, a 1% TDS will be deducted. If you're using an Indian exchange, this TDS is automatically deducted. For P2P or international platforms, the buyer is responsible for deducting
Why are crypto fees so high?
Transaction Size and Complexity
Not all Bitcoin transactions are created equal. Larger, more complex transactions consume more block space and therefore require higher fees. A transaction's "weight" depends on several factors: Number of inputs (previous transactions being spent)
How much is a $1000 bitcoin transaction fee?
Bitcoin Pricing
Total Trade Amount Percentage Fee**
$10 - $100 2.25%
$100.01 - $200 2%
$200.01 - $1000 1.75%
$1000.01 - $2000 1.5%