Fee Structure

Modified on Wed, 10 Jan at 5:03 PM

The Following Fees are incurred by Traders while trading Crypto-INR Futures on Pi42

INR Deposit Fee (Manual Bank Transfer) : Free

INR Deposit Fee (Instant Bank Transfer): 0.5% per transaction
INR Withdrawal Fee: Flat Rs 15 per Withdrawal

USDT Deposit & Conversion Fee: Users on Pi42 can transfer their USDT from their wallets into Pi42 and convert it into INR. The conversion will be based on the latest USDT-INR rate we publish, the value of which is market dependent.

While depositing and converting your USDT into INR, there are following fees applicable:
  a) Transaction Fee
  b) GST on Transaction Fee
  c) 1% TDS (based on the clauses of IT Act 1961 and applicable rules)

1) Maker Fee (0.02%) : When you place an order on Pi42 that doesn't get executed

immediately and goes into the order book, you are considered a "maker."

2) Taker Fee (0.06%) : When you place an order that gets matched with an existing order on the order book and is executed immediately, you are considered a "taker."