For deposits, you have the option to deposit via USDT-Omni, USDT-ERC20, BTC, and ETH. There will be no fees incurred for deposits, with the exception of ETH.
For withdrawals, a platform fee (in USDT) will be applied for every withdrawal, including withdrawals in BTC.
USDT-Omni = 0
USDT-ERC20 = 0
BTC = 0
ETH = <0.003 ETH
When you choose the option to fund your SnapEx trading account with Ethereum (ETH), you will be charged a small miner's fee for each withdrawal transaction. The amount varies, but will often be less than 0.0003 ETH (approximately 0.05 USD, based on the latest market price).
*Currently the ETH network has high congestion. These conditions fluctuate the fee and therefore the fee may reach as high as 0.022 ETH. This part of the fee is classed as a withholding fee. After the gas is paid, there may be some ETH remaining. This remaining ETH will be stored in your wallet and can be used towards the fee of the next deposit. Please note the miner’s fee (or gas) does not go to SnapEx, it is sent to the miner’s who execute the transaction. It is important to understand the mechanics of ETH deposits and the network, when using this transaction.
USDT-Omni = 10 USDT
USDT-ERC20 = 5 USDT
BTC = 10 USDT
When you choose the option to withdraw in BTC from your SnapEx trading account, a fee of 10 USDT will be deducted directly from your account (before the withdrawal amount is converted to BTC according to the latest spot price).