Mudrex is an honest exchange. We believe in keeping our fee structure simple and transparent. We only charge fees where we add value to a user. We also believe in incentivizing actions that help grow the market for everyone.


Trading

Fees

Trade fees are charged on a per trade bases. We have a maker/taker system to incentivize users to bring liquidity to the market.


Maker: A party whose order exists in the order book and hence ‘makes’ a market liquid

Taker: A party who fills an existing order in the order book and hence ‘takes’ liquidity away





Fees
MUD token discount
Maker
0.15%
50%
Taker
0.25%
50%



Trade Incentive

The more you trade the more you get back. Our high volume traders who bring liquidity to the market will get a multiple of their trading fees back at end of day in the form of MUD tokens. Find out more about the MUD token here


Daily trade volume
Trade incentive
Less than INR 25,000
0
INR 25,000 to 2,50,000
50%
INR 2,50,000 to INR 5,00,000
100%
INR 5,00,000 to INR 10,00,000
110%
Greater than INR 10,00,000
120%


Deposit

Fee

Deposit fee is the fee that is charged to users when they deposit a currency on in their Mudrex wallet. In order for a user to participate on the exchange, deposit in some form is the first thing required to be done. 



Currency
Deposit fee
Indian Rupees (INR)
Upto 2.1% Payment Gateway fees
Any Digital currency
Free



Incentive

Your first deposit is your entry point to the digital asset ecosystem. More often than not there is some form of deposit fee involved when it comes to deposit into other exchanges. We want to make it easier for you to join! We are giving away 500 MUD token to you on your first deposit!



Withdrawal 

Fee

When you request a withdrawal, we need to pay a transaction cost which is required to complete the transaction. The cost of withdrawal is what we are passing on to you.



Currency
Fees
Indian Rupees (INR)
20 INR
Bitcoin (BTC)
0.001 BTC
Bitcoin Cash (BCH)
0.001 BCH
Litecoin (LTC)
0.005 LTC
Ethereum (ETH)
0.001 ETH
Ripple (XRP)
0.01 XRP



Limits

There is an overall deposit/withdrawal limit of 50 Lakh. If a user wants to do deposits/withdrawals higher than this amount then they need to do enhanced verification. More details around enhanced verification can be found here.




Currency
Deposit
Withdrawal
Per Transaction
Per Day
Per Transaction
Per Day
INR
Min
INR 100
INR 100
INR 100
INR 100
Max
No Limit
No Limit
2,00,000
10,00,000
Any Digital Currency
Min
No Limit
No Limit
No Limit
No Limit
Max
No Limit
No Limit
10 BTC
50 BTC