What is the charge for currency exchange?

When the transaction amount exceeds INR1,000,000, the fee structure adjusts further. An initial fee of INR5,500 is applied, along with a reduced rate of 0.1% of the gross amount exchanged. However, there is a cap on the maximum fee, which is set at INR60,000. This cap ensures that even for large transactions, the fee remains manageable.

Foreign exchange (FX) transactions often involve a fee, which varies based on the currency amount being exchanged. For transactions up to INR100,000, the charge is set at 1% of the gross amount exchanged, ensuring a minimum fee of INR250 is applied.

For transactions falling within the range of INR100,000 to INR1,000,000, the fee structure changes slightly. A flat fee of INR1,000 is levied, in addition to 0.5% of the gross amount exchanged. This tiered approach allows for more flexibility in charging while maintaining a fair fee structure.

BTCC also provides a secure wallet service, where users can store their cryptocurrencies safely. This wallet service is designed with security in mind, utilizing advanced encryption techniques to protect users' assets.

BTCC, a renowned cryptocurrency exchange, offers a comprehensive suite of services to its users. These services cater to the diverse needs of the cryptocurrency community, from beginners to experienced traders.