FUEL
Fuel is the latest feature on Koinex that allows traders to speed up their INR deposit/withdrawal transactions by assigning a certain percentage of the tra...
Tue, 6 Nov, 2018 at 11:12 AM
You can add up to 5% of the request amount as fuel.
Tue, 6 Nov, 2018 at 11:14 AM
Adding fuel to deposit or withdrawal requests is not necessary.
Tue, 6 Nov, 2018 at 11:14 AM
Adding fuel works as an advantage over other non-fueled requests, however, that does not mean that a non-fueled request will not match. Requests matching d...
Tue, 6 Nov, 2018 at 11:14 AM
Please note that the fuel amount will be credited to your Koinex INR wallet only.
Tue, 6 Nov, 2018 at 11:15 AM
Market depth is the difference in the number of pending deposit and withdrawal requests.
Tue, 6 Nov, 2018 at 11:15 AM
The depth gives you information on the number of requests alongside the amount of fuel added on these requests. Any request with no fuel added will show un...
Tue, 6 Nov, 2018 at 11:15 AM
Yes, UPI ID is necessary for creating a deposit/withdrawal request.
Tue, 6 Nov, 2018 at 11:16 AM
Once you submit a request, it is added to an INR transaction pool and will be matched with withdrawer(s) as soon as possible (optimised algorithm for the m...
Tue, 6 Nov, 2018 at 11:16 AM