Transparency around fees and taxes is essential when trading crypto in India. At Mudrex, all charges, including platform fees, GST, and TDS, are clearly defined and displayed so users can make informed decisions before executing a trade.
This guide explains all Mudrex fees, how GST and TDS are applied, and how these deductions appear in your account records.
NOTE: The INR Spot tax implications listed below will be applicable from April 1, 2026. Taxation for INR and USDT futures remains unchanged.
Detailed Mudrex Fee Structure
At Mudrex, we are committed to keeping your investing experience seamless and transparent. All platform fees, along with statutory deductions like GST and TDS, are calculated and applied automatically when your transaction is executed. This ensures that you always have a clear view of the costs associated with your trades, empowering you to make informed investment decisions without any hidden surprises.
NOTE: While the pre-trade previews provide you with an estimated INR value based on prevailing rates, the final figures are locked in once your order is filled. Every detail, including a specific tax breakdown for every partial fill, is instantly updated in your Transaction History and statements.
| Type | Sub-Type | Mudrex Fee (on total amount) | Tax |
| Deposit | Fiat | No Fee | No GST or TDS |
| Crypto | No Fee | No GST or TDS | |
| Withdrawals | Fiat | No Fee | No GST or TDS |
| Crypto | 2% fee (minimum $0.5) | No GST or TDS | |
| Coinsets | Invest | No Fee | No GST or TDS |
| Redeem | No Fee (after 1 month) | No GST or TDS | |
| 1% fee (before 1 month) | No GST or TDS | ||
| Rebalancing (Monthly) | 0.25% to 1% | No GST or TDS | |
| Futures | Funding Fee | Dynamic | No GST or TDS |
| Trading Fee (INR Futures) | 0.05% | 18% GST | |
| Trading Fee (USDT Futures) | 0.03% to 0.05% | 18% GST | |
| Spot | Trading Fee (INR Spot) | 0.12% to 0.45% | 18% GST +( 1% TDS on sell transactions) |
| Trading Fee (USDT to INR) | No Fee | 1% TDS (No GST applicable since no fees charged) |
Spot and Futures Trading Fees
Spot and futures fees on Mudrex follow a tiered system based on trading volume. The trading fee percentage reduces as your trading volume increases, making the platform more cost-efficient for active traders.
| Tier | Spot Trading Volume Threshold (INR) | Spot Trading Fees | Futures Trading Volume Threshold (USDT) | Futures Trading Fees |
| 0 | < ₹2,00,000 | 0.45% | < $500K | 0.05% |
| 1 | ₹2,00,000 – ₹10,00,000 | 0.42% | $500K – $2M | 0.048% |
| 2 | ₹10,00,000 – ₹75,00,000 | 0.25% | $2M – $5M | 0.0465% |
| 3 | ₹75,00,000 – ₹5,00,00,000 | 0.22% | $5M – $20M | 0.045% |
| 4 | ₹5,00,00,000 – ₹20,00,00,000 | 0.17% | $20M – $50M | 0.040% |
| 5 | ₹20,00,00,000 – ₹50,00,00,000 | 0.15% | $50M – $250M | 0.035% |
| 6 | > ₹50,00,00,000 | 0.12% | > $250M | 0.030% |
Additional tax implications for Spot trading:
- GST @18% is applicable for all Spot Buy and Sell transactions. For Sell transactions, 1% TDS is also deducted as per Section 194S. No TDS is deducted on Buy transactions.
- Stop Loss and Take Profit orders, being automated Sell events, follow the same tax treatment as a regular Sell. Buy the Dip orders follow the same tax treatment as a regular Buy, meaning GST applies, but no TDS is deducted.
- When converting USDT to INR, no transaction fee or GST is charged. Only 1% TDS is deducted.
- For orders that are partially filled, tax is calculated on each filled portion individually rather than on the total order value.
- All applicable taxes are reflected transparently in your transaction history and transaction statement.
- A TDS of 1% is applicable on the net consideration.
Net Consideration is calculated as:
Order Value – Transaction Fee – GST on Transaction Fee
All tax deductions are shown with indicative INR equivalents at the time of the transaction, with final INR values reflected in the ledger and reports.
Note: The fee structure mentioned in this blog may be subject to change.
Deposit Fees
Deposits on Mudrex are completely free. There are no charges on INR deposits or cryptocurrency deposits, and since no fee is charged, GST and TDS do not apply.
Withdrawal Fees
For cryptocurrency withdrawals, a 2% fee applies on the total withdrawal amount, with a minimum charge of $0.5.
Coinset Fees
Investing in Coinsets carries no platform fee, allowing users to allocate funds to curated portfolios without upfront costs.
Redeeming a Coinset investment follows a conditional fee structure:
- If the investment is held for more than one month, no redemption fee is charged.
- If redeemed within 30 days, a 1% early-exit fee is charged.
Spot Fees
Spot trading on Mudrex lets you buy or sell cryptocurrencies at the current market price for immediate settlement. With INR Spot, INR is the primary transaction currency. The trading fee ranges from 0.12% to 0.45% based on your trading volume tier.
On Buy transactions, GST @18% is charged. No TDS is deducted.
On Sell transactions, GST @18% is charged, and 1% TDS is deducted.
For USDT to INR conversions, no transaction fee or GST is charged. Only 1% TDS is deducted.
All charges are transparently displayed before and after trade execution, including a full breakdown of Order amount, Transaction Fee, GST, TDS, and Net amount.
Futures Trading Fees
For Futures trading, the trading fee ranges from 0.03% to 0.05%, depending on your volume tier. A dynamic funding fee is also applied every 8 hours to balance demand between long and short positions. The funding rate varies based on market conditions and may be positive, meaning it is paid by the trader, or negative, meaning it is received by the trader, depending on the direction of your position.
NOTE: The INR Spot tax implications listed above will be applicable from April 1, 2026. Taxation for INR and USDT futures remains unchanged.
Conclusion
Having a clear understanding of fees and applicable taxes helps you make more informed trading decisions on Mudrex. All charges, including transaction fees, GST, and TDS, are shown transparently at the time of each transaction and are accessible anytime through your transaction history, ledger, and downloadable transaction statements.
Note: The fee structure mentioned in this blog is based on the provided information and may be subject to change.
