Always looking for free delivery on your orders? Well, then you know how great it would feel to not have to cough up additional shipping costs, delivery charges, commissions, and fees.
We do, too! That’s why we’re making your crypto trading experience with CoinSwitch even better with our Bitcoin Trading Festival and our limited-period Zero Trading Fees offer!
Yes, you heard that right. All users of CoinSwitch who have completed their KYC and bank account verification can now trade in Bitcoin for zero charges for the duration of the festival.
But why are we doing this? As you know, a crypto winter is upon us, and we simply want to do everything we can to bring back the sunshine. With that vision in mind, this is us encouraging our users to keep the trading going. Because we are in this together.
Here are a bunch of FAQs to help you understand our new offer better.
1. Can I avail this offer?
Any user of CoinSwitch who has completed their KYC and bank account verification could benefit from Zero Trading Fees on Bitcoin!
2. What do you mean by “Trade at Zero Fees”?
When you buy or sell Bitcoin on CoinSwitch, trading fees and commissions are usually applied to every transaction. However, for a limited period, we’ve waived our fees and commissions so that you can make the most of every trade. Think of it as a small gesture of goodwill from us to you.
3. What kinds of fees will be applied if I buy/sell Bitcoin on CoinSwitch?
For a limited period, we will only levy charges as stipulated by Government regulations. This includes Tax Deducted at Source (TDS) on sell transactions.
4. Will TDS still be applicable?
Yes. However, you will only incur a TDS of 1% when you sell Bitcoin, in accordance with the Finance Act of 2022.
5. What about the Bitcoin I win as a reward for referrals and other activities?
You’re in luck! The zero trading fees offer is also applicable to the sale of Bitcoin rewards received for referrals and other activities.
6. Why just Bitcoin? Why is this offer not applicable on altcoins as well?
We’ll get there very soon! Do write to us and tell us what other cryptos you’d like to trade for zero fees, and we’ll pass on your ideas to the relevant teams at CoinSwitch.
7. How can I check whether fees have been applied to my transaction?
The fees and commissions charged on every transaction are visible on the Order Confirmation page on CoinSwitch. During the Bitcoin Trading Festival period, you will see zero fees on this page.
8. Is there any minimum or maximum limit on buying/selling BTC during this offer period?
There is no minimum or maximum limit on the value of a buy or sell order. Zero trading fees will be applicable on ALL Bitcoin orders during the specified period.
9. I have an SIP set up for BTC. How can I avail the Zero Trading Fee offer?
During the Bitcoin Trading Festival, the Zero Trading Fees offer will be applicable on Bitcoin SIPs and/or Limit Order transactions executed during the offer period, as well. The offer will be applied to your BTC transactions automatically by CoinSwitch, just sit back and relax.
10. Is there any limit on the number of BTC transactions one can make during this offer period?
There is no limit on the number of Bitcoin transactions. A zero trading fee will be applicable on all Bitcoin transactions made during the offer period.
Terms and Conditions:
1. This offer started on July 21, 2022, and ended on August 16, 2022.
2. We reserve the right to withdraw and/or alter any terms and conditions of this offer at any time.