Trading Policy
Bicoins does not charge deposit fees.
For each withdrawal, a flat fee is paid by users to cover the transaction costs of moving the cryptocurrency out of their Binance account.
Withdrawal rates are determined by the blockchain network and can fluctuate without notice due to factors such as network congestion. Please check the most recent data listed on each withdrawal page.
Understanding Bicoins Fees
Maker Order
An order placed at a specified price enters the order book instead of matching immediately.
Example: The current best ask is 100 USDT. A buy order placed at 99 USDT enters the order book until matched. When filled, maker fees apply.
Taker Order
An order that matches immediately with existing orders on the book.
Example: Current best ask is 100 USDT. A buy order placed at 100 USDT matches immediately. When filled, taker fees apply.
Policies & Terms
Trading Policy
Transaction, Deposit & Withdrawal Fees
1.1 Spot Trading Fees
Bicoins charges a nominal fee for each executed trade when buying or selling cryptocurrencies on our platform.
Analogy: Similar to currency exchange services at banks that charge conversion fees, Bicoins applies the same principle for digital asset transactions.
Which Trading Activities Incur Fees?
For Spot Trading (immediate settlement), two order types apply:
- Limit Orders (Maker): Lower fees
- When you place an order that waits to be matched on the order book
- Market Orders (Taker): Slightly higher fees
- When you execute an immediate trade at current market prices
Simplified Explanation:
⌛ Patient trading (limit orders) = Lower costs
⚡ Instant execution (market orders) = Slightly higher fees
What are the fees?
Transaction fees vary depending on your trade limit, with very competitive rates applied.
Example: Trades below $10,000 will incur a 0.2%/0.3% fee.
1.3 Deposit Fees
Supported Testnets:
- Sepolia Network (ETH)
- Binance Testnet (BNB)
Process:
- After a successful deposit → System automatically aggregates funds to exchange wallets (system wallets) on respective networks.
- Gas fees are automatically deducted.
Special Case for Tron Nile Testnet:
- For non-TRX deposits (e.g., USDT):
- User wallets must hold TRX to cover network fees.
- If insufficient TRX: System will auto-convert the required amount during aggregation, then return the remaining TRX after fee deduction.
Gas Fee Check:
Monitor real-time blockchain fees via Explorers:
- Sepolia: https://sepolia.etherscan.io/
- BSC Testnet: https://testnet.bscscan.com/
- Tron Nile: https://nile.tronscan.org/
1.4 Withdrawal Fees
- Fee Structure:
- Fixed amount per withdrawal OR
- Percentage-based (configurable in admin settings)
- Applicability:
- Charged only for external wallet withdrawals
- Internal transfers between Bicoins wallets: Free
- User Interface:
- Clear fee disclosure appears below the amount field during the withdrawal
- Rates are pre-configured in the Admin Panel (Section 1.6).