Quidax makes it easy to buy, sell, trade and store cryptocurrencies. The fees we charge are transparent and easy for you to check at any time.
We also charge one of the lowest fees in Nigeria. And have zero hidden fees.
Here's a list of fees we charge:
Naira Deposit Fees
The fee for depositing through Direct Bank Transfer and via the Pocket App is a flat fee of NGN100
Qdirect deposit fee
500.00 - 100,000.00 = NGN 100
100,001.00 - 2,000,000.00 = NGN 500
2,000,001.00 - 5,000,000.00 = NGN 750
Maximum deposit and withdrawal via Pocket (Abeg) at a time is NGN2,000,000
Naira Withdrawal Fees
The fee for withdrawal through Direct Bank Transfer is a flat fee of NGN200
The fee for withdrawal via the Pocket App is a flat fee of NGN100
Qdirect withdrawal fee
500.00 - 10,000.00 = NGN 100
10,001.00 - 100,000.00 = NGN 200
100,001.00 - 500,000.00 = NGN 500
500,001.00 - 2,000,000.00 = NGN 1000
2,000,001.00 - 5,000,000.00 = NGN 1500
5,000,001.00 - 20,000,000.00 = NGN 2250
20,000,001.00 - 50,000,001.00 = NGN 2500
Fee for receiving Cryptocurrency
It is free to receive cryptocurrencies on Quidax.
Cryptocurrency Send fees
Send fees are regularly adjusted to blockchain conditions. However, to serve our customers, we have enabled a feature that allows our users to send free[a] to other Quidax customers by using their email address or phone number.
|
Coin Name |
Coin/Token Symbol |
Send Fees |
Minimum Send Amount |
|
Bitcoin |
BTC |
*Dynamic (Please see the list below) |
0.0006 |
|
Litecoin |
LTC |
0.002 |
0.003 |
|
Ethereum |
ETH |
0.005 |
0.006 |
|
USDT |
USDT |
1 |
5 |
|
XRP |
XRP |
0.12 |
2 |
|
Tron |
TRX |
1 |
2 |
|
Bitcoin Cash |
BCH |
0.001 |
0.002 |
|
DASH |
DASH |
0.002 |
0.03 |
|
Binance Coin |
BNB |
0.0035 |
0.005 |
| Dogecoin |
DOGE |
2 |
10 |
| Matic token |
Matic |
1(polygon), 2(Bep 20) |
10 |
| Shiba Inu |
SHIB |
100,000 |
150,000 |
| Axie Infinity |
AXS |
0.06 |
0.09 |
| Stellar |
XLM |
3 |
5 |
| Chainlink |
LINK |
0.15 |
0.2 |
| AAVE |
AAVE |
0.025 |
0.03 |
|
Filecoin |
FIL |
0.05 |
0.01 |
|
Harmony |
ONE |
4 |
5 |
| Cake |
Cake |
0.075 |
1 |
| Cardano (ADA) |
Cardano (ADA) |
1.5 |
2 |
| Tezos |
XTZ |
0.4 |
1 |
| Conflux |
CFX |
1 |
5 |
| Solana |
SOL |
0.01 |
0.05 |
| Floki Inu |
FLOKI |
70,000 |
80,000 |
| Toncoin |
Ton |
0.1 |
0.5 |
| Polka Dot |
DOT |
0.15 |
1 |
BTC Withdrawal Fees:
| Minimum Withdrawal | Maximum Withdrawal | Fee |
| 0 | 0.0054 | 0.0002 |
| 0.0054 | 0.0136 | 0.0002 |
| 0.0135 | 0.0271 | 0.0004 |
| 0.0271 | 0.0813 | 0.0004 |
| 0.0813 | 0.2033 | 0.0004 |
| 0.2033 | 2.000 | 0.0004 |
| 2.000 | 10.0001 | 0.0005 |
Trade fees
We apply a maker-taker fee model on Quidax. The fees we apply are uniform across all pairs.
A Maker fee is when you create an order on the order book (this could be a buy or a sell) and someone else completes it, in this case, you'll pay 0.1% of the amount.
The taker fee is paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. If you buy or sell using a market order, you will pay a taker fee of 0.1% because a market order immediately removes liquidity (other traders' offers) from the order book.
|
Maker fees |
Taker fees |
|
0.1% |
0.1% |
Instant swap
There is no fee for the Instant swap. You are shown the equivalent of the value you're swapping at the point of swap.