Unocoin Spot Trading Fees Explained
In this guide, we break down all the key fees charged by Unocoin, including maker and taker fees, funding rates, withdrawal costs, and any hidden charges. We also highlight available discounts and compare Unocoin pricing with that of leading competitors to help you evaluate whether the platform offers strong cost efficiency.
Based on my findings, Unocoin’s trading fees are slightly higher than what most competitors charge.
Based on my experience with the TU analytics team, which reviewed the fee structures of more than 200 cryptocurrency exchanges, I’ve drawn the following conclusions about Unocoin pricing.
- Notably, Unocoin does not offer futures trading, which impacted its overall score compared with platforms that support both spot and derivatives markets.
- However, this limitation is less significant for passive investors, as Unocoin offers competitive terms on its crypto spot market.
Below is a closer look at how Unocoin structures its trading and non-trading fees.
| Unocoin fee | Market average Based on the analysis of over 200 cryptocurrency exchanges | |
|---|---|---|
| Spot taker, % | 0.5 | 0,194 |
| Spot maker, % | 0.5 | 0,15 |
| Deposit fee | 0 | 0 |
| Withdrawal fee | 1% | Vary |
Unocoin spot fees: Is it cheap for spot trading?
The base spot trading fee on Unocoin is 0.5% for makers and 0.5% for takers, compared with the industry average of 0.15% for makers and 0.194% for takers. Like most crypto exchanges, Unocoin offers trading fee discounts as your spot trading volume increases. For instance, if your 30-day volume reaches $5 million, the fee on Unocoin drops to 0.6% for makers and 0.6% for takers. To help you assess value, we've also compared Unocoin spot trading fees with those of its top 2 competitors.
| Unocoin | Kraken | OKX | |
|---|---|---|---|
| Spot maker fee, % | 0.5 | 0.25 | 0.08 |
| Spot taker fee, % | 0.5 | 0.4 | 0.1 |
| Spot maker fee ($5M turnover), % | 0.6 | 0.02 | 0.05 |
| Spot taker fee ($5M turnover), % | 0.6 | 0.12 | 0.045 |
Does Unocoin charge fees for deposits and withdrawals?
Unocoin generally does not charge fees for deposits, particularly for cryptocurrency transfers.
To help you better evaluate the total cost of using Unocoin, we’ve compared its non-trading fees, including deposit and withdrawal charges, with those of its top competitors.
| Unocoin | Kraken | OKX | |
|---|---|---|---|
| Deposit fee | 0 | 0 | 0 |
| Withdrawal fee |
0.0003 BTC 0.005 ETH |
0.0005 BTC |
0.0004 BTC 2.6 USDT |
Does Unocoin offer P2P trading?
Yes, Unocoin supports peer-to-peer (P2P) trading, allowing users to buy and sell cryptocurrencies directly with each other. The platform charges a P2P maker fee of 0.2% + 18% GST% and a P2P taker fee of 0.3% + 18% GST%, which are generally competitive compared to other major exchanges.
For a list of exchanges that support P2P trading, check out our dedicated article on the Best P2P Crypto Exchanges.
Minimizing crypto trading costs: Expert tips
Choosing the right crypto exchange is essential for keeping trading costs low and protecting your profits. Based on our recent in-depth analysis of over 200 exchanges across 140+ evaluation criteria, here are expert insights to help you reduce fees, maximize available discounts, and select platforms that align with your trading goals.
Monitor withdrawal fees and network choice
Withdrawal fees can vary significantly depending on the cryptocurrency and the network you select. For example, withdrawing USDT through the ERC-20 network might cost between $10 and $30, while the same transaction via TRC-20 could cost less than $1. Choosing the wrong network can lead to unnecessary expenses or even lost funds if the receiving wallet is not compatible. Always double-check network compatibility and compare withdrawal options before confirming any transfer.
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