Coinhako Fees

Coinhako Fees

This article will cover the fees incurred when trading, storing or transferring cryptocurrencies on Coinhako.

1. Deposit cash

- SGD / VNDT Deposits via inter-bank transfers will not incur any fees

- SGD Deposits via Xfers Direct Charge will incur a 0.55% fee, charged by Xfers.

 

2. Withdraw cash

- SGD / VNDT Withdrawals via inter-bank transfers will incur a S$2 / VND 20,000 withdrawal fee per transaction.

** These network fees are not paid to Coinhako - they are paid to miners and nodes who broadcast your transaction onto the blockchain.

 

3. Buy, Sell, Swap cryptocurrencies

Coinhako charges a flat fee of 0.6% for every buy, sell or swap transaction.

 

4. Receive cryptocurrencies

No fees are charged when you deposit (“Receive”) cryptocurrencies into your Coinhako wallet. 

Note: When you send cryptocurrencies into your Coinhako wallet from other wallets, you might incur a miner's fee that may vary depending on a variety of factors.

5. Send cryptocurrencies

A network fee will be charged when you withdraw (“Send”) cryptocurrencies from your Coinhako wallet to another platform or to a personal wallet. 

This fee will be displayed on the confirmation page before you confirm the transaction.

**In the event that the miner fees cost more than Coinhako fees, we will absorb the additional costs and you will incur no more than our stated Fees.

 

6. Store cryptocurrencies

There is no fee charged for opening, maintaining your Coinhako account and storing your cryptocurrencies here.


7. Trading stablecoins

Coinhako users enjoy 0% fees for USDC/USD trades.

All other stablecoin-fiat trades (USDC/SGD, USDT/USD, USDT/SGD, DAI/USD & DAI/SGD) will have a fixed lower fee of about 0.3%, as opposed to our usual 0.6% trading fee for other cryptocurrencies.

Click here for more information on stablecoin support on Coinhako.

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If you require further information do not hesitate to contact us here or visit to our Blog for the latest updates.



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