Platform fees and transaction limits
The transaction fee will be adjusted automatically and will not be announced separately. Please understand and ensure that the current fee is acceptable when trading
Single low transaction amount HKD 50.00, maximum transaction amount HKD 200,000.
Transaction fees are deducted from the currency transferred
Example 1: User uses HKD50,000 Buy in 1 bitcoin (BTC), after the transaction is completed, the platform will deduct a handling fee of 0.15%, 1 – (1 * 0.15%) = 0.9985 BTC. After the transaction is completed, the user account will receive 0.9985 BTC.
Example 2: The user uses HKD 50,000 Sell 1 bitcoin (BTC), after the transaction is completed, the platform will deduct a handling fee of 0.15%, 50,000 – (50,000 * 0.15%) = HKD 49,925. After the transaction is completed, the user account will receive HKD 49,925.
There is no charge for transfer in and out. iBTC pays for blockchain fees.
2. Legal assets
All transfer-in and transfer-out will be handled from 9:00 am to 9:00 pm from Monday to Friday.
Generally, it takes one working day to complete.
If the transfer exceeds the limit, it will not be successful until the cumulative limit is exceeded.
Cash is not accepted, if you need cash transactions, please make an appointment to the store for processing.
Please note that the platform will automatically convert the legal currency you transfer into 1:1 to the corresponding legal currency stable currency for billing purposes on the platform. The HKD mark on the platform refers to the Hong Kong dollar stable currency. When you need to transfer out fiat currency, the platform will exchange your fiat currency stable currency on the platform in 1:1 form.
In order to prevent money laundering, iBTC requires that all legal currency transfers must be purchased at least once before the transfer is allowed.
The final interpretation of all terms on this website belongs to ibtc.
If you have any questions, please contact us: