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C
How often will my volume be updated?

Your volume eligibility is recalculated after every trade. So as soon as a trade pushes your cumulative notional volume above $1 million, you lose refund eligibility starting from the very next trade.

Knowledge Base Article

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Refund Based Trading Fees in Options Trading

C
How will I know when my refund has been credited?

You will receive both a push notification and an email when your daily refund is successfully credited to your Options Wallet.

Knowledge Base Article

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Refund Based Trading Fees in Options Trading

C
Are there any time limits prescribed for furnishing information to Director, FIU-IND?

Yes. Rule 8 of the Prevention of Money-Laundering (Maintenance of Records) Rules 2005 prescribes time limit for furnishing information to the Director, FIU-IND The time limit for furnishing information about cash transactions and integrally connected cash transactions , transactions involving receip

Knowledge Base Article

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PMLA Rules from a Reporting Entity POV

C
What is electronic video verification?

Electronic Video Verification is an enhanced due diligence process that involves verifying your identity and location information using video technology. In this procedure, your identity, documents, or specific details are authenticated via a live video call with an authorized CoinDCX representative

Knowledge Base Article

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Verification

C
What type of activities are considered unauthorized?

We are committed to maintaining a safe and secure platform. The following activities are strictly prohibited under our Terms of Use: ​Illegal and Criminal Activities Child Sexual Abuse Material (CSAM) Crimes against individuals (e.g., violence, blackmail) Gambling-related activities Ransomware opera

Knowledge Base Article

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Crypto Deposit/Withdrawal Access Restriction

C
Is my income verified or checked?

No. This is a self-declaration.

Knowledge Base Article

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Income & Occupation Details

C
Can I make deposits/withdrawals on CoinDCX without completing my KYC?

To enjoy the convenience of depositing or withdrawing crypto and INR, it's important for users to complete their KYC (Know Your Customer) process. This helps ensure a secure and smooth experience for everyone.

Knowledge Base Article

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Verification

C
What type of user activity is considered unauthorized?

Examples include: ​ Submitting false Travel Rule details knowingly Using unverified or third-party wallets without proof of ownership Sending or receiving crypto deposits/withdrawals to or from sanctioned individuals or jurisdictions Transacting with illegal gambling or other illicit platforms Suspi

Knowledge Base Article

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Crypto Deposit & Withdrawal (CDW) & Travel Rule

C
Why am I being asked to confirm remitter or beneficiary details?

These details ensure that both sides of a crypto transfer are legitimate and compliant. This also protects your funds and keeps the platform secure.

Knowledge Base Article

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Crypto Deposit & Withdrawal (CDW) & Travel Rule

C
How can this conversion rate revised can impact my open orders?

This can impact your open orders as it was placed at an earlier conversion rate. Once the conversion rate is revised, your order, when it gets executed, will be filled as per the new conversion rate applicable at that time.

Knowledge Base Article

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Crypto Options - USDT<>INR Conversion Rate

C
What happens if I cross the $1 Million volume threshold?

Once your cumulative Options Notional Volume crosses $1 million, standard fees will apply on all subsequent trades and you will no longer receive a refund. You will be notified via push notification and email when this happens.

Knowledge Base Article

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Refund Based Trading Fees in Options Trading

C
Will I be able to see the conversion rate on the Order Page?

Yes, you will be able to see the conversion rate on the Order Info page once your order is completely filled.This will help you understand which conversion rate was applied during execution.

Knowledge Base Article

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Crypto Options - USDT<>INR Conversion Rate

C
Will I still see fees on the Order Page even if I am eligible for a Refund?

Yes. The applicable fee percentage will still be displayed on the Order Page, but it will appear with a strike-through effect for eligible users, along with a message "Get Fees Refunded Daily". Clicking this message will show the full Terms & Conditions including the refund timeline.

Knowledge Base Article

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Refund Based Trading Fees in Options Trading

C
How do I know if I am eligible for the fees refund?

If your cumulative Options Notional Volume is below $1 Million, you will be eligible for the daily fee refund benefit. You can verify your eligibility directly on the Order Form or within the Fee Details section. To access Fee Details Tap on the 3-dot menu available at the top-right corner of the Or

Knowledge Base Article

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Refund Based Trading Fees in Options Trading

C
What’s the difference between Default Margin and Margin benefit for hedged position?

Default Margin Mode uses a single margin pool for all positions and is ideal for simple, easy-to-manage trading strategies. Margin benefit for hedged positions, where you open both buy and sell positions on the same underlying asset. This is especially useful for strategies like Spreads, Iron Condor

Knowledge Base Article

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Crypto Options

C
Will the conversion rate always increase?

No, the conversion rate does not always move upward. It can either increase or decrease depending on broader macro factors such as USD–INR valuation, operational costs, and market liquidity conditions. The direction of change is entirely based on these conditions.

Knowledge Base Article

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Crypto Options - USDT<>INR Conversion Rate

C
How often is the conversion price revised?

The revision of the conversion rate depends on multiple broader factors, including USD–INR valuation and market liquidity conditions. Based on these factors, the conversion rate may be updated from time to time. The revision is not fixed to a specific frequency and can happen whenever required.

Knowledge Base Article

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Crypto Options - USDT<>INR Conversion Rate

C
Why did I get liquidated?

When the Last Price of a contract falls below your liquidation price for long positions* or rises above your liquidation price for short positions*, your Locked-in margin level has been breached and the Liquidation Engine takes over your position. *Glossary Long Position: A buyer of futures contract

Knowledge Base Article

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Futures Trading

C
How can I verify the Refund Amount?

A trade-wise breakdown of the refund amount is not provided separately. However, you can manually verify the refund by checking your trade history and summing up the trading fees charged for all eligible trades executed during the day. Once the refund is credited to your Options Wallet, the transact

Knowledge Base Article

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Refund Based Trading Fees in Options Trading

C
Will this impact the Past PNL?

No, it will not impact the Past PNL of your options positions. The Past PNL remains unchanged, as all necessary adjustments are already accounted for during the settlement process.

Knowledge Base Article

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Crypto Options - USDT<>INR Conversion Rate

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DISCLAIMER

The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations. Note Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

*Data sourced from Looker app as on 01st May,2023
*Data as on 01st May,2023
*Quarterly trading volume for Q4 FY'22. Currency conversion rate applied as in data capturing period
*FIU Registered entity, NEBLIO TECHNOLOGIES PVT LTD
*Certified in India for May 2023-24