Fee Structure

Created by Support Team, Modified on Wed, 25 Mar at 3:45 PM by Support Team

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

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 Niyam can transfer their USDT from their wallets into Niyam 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 Niyam 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."