What will happen after my buy or sell order gets matched?

After the buy or sell order gets matched and the transaction is complete, there are can be 4 possible considerations.

Please understand below carefully:

As a maker:

  1. If you want to buy - You will receive cryptocurrency as per order matched in the order book. This will be updated in your cryptocurrency balance on home screen. According to maker transaction fees, you will also get 0.59% INR with taker’s matched amount.
  2. If you want to sell - Your Rs balance will be added as per order placed in the order book. According to maker transaction fees, your final Rs balance added would be the order amount including 0.59% bits of taker’s matched amount.

As a taker:

  1. If you want to buy - You will receive cryptocurrency as per order placed. As per taker transaction fees, 1.18% bits of the matched amount will be deducted. The final cryptocurrency you will get in your cryptocurrency balance will be 1.18% bits less than actual cryptocurrency buy order placed.
  2. If you want to sell - Your Rs balance will be added as per order placed in the order book. According to taker transaction fees, your final Rs balance added would be after deduction of 1.18% INR of the placed amount.
Have more questions? Submit a request

0 Comments

Article is closed for comments.