Submit a request Sign in
 
Logo Logo
Categories
Submit a request
Sign in
Indodax Academy Blog Indodax INDODAX.COM

Will existing DCA Daily transactions be subject to fees under the new rules?

  1. INDODAX
  2. General
  3. Indodax Features

browse

As part of our commitment to continuously improve your investment experience, we have made adjustments to the service fee scheme for the Daily DCA (Dollar-Cost Averaging) feature when using OVO as a payment method. Here is a detailed explanation of these changes.

 

New Service Fee Mechanism

1. First Transaction After the New Rules Take Effect

For your first Daily DCA transaction, the service fee will be charged directly and deducted from your investment amount. This means that the amount that goes into your daily investment is the net amount after the service fee has been deducted.

2. Subsequent Transactions (Second Transaction and Beyond)

Starting from the second Daily DCA transaction and beyond, the service fee scheme will change to be more beneficial for you. The service fee will no longer be deducted, but will be transferred and added directly as an additional amount to your daily investment. Thus, you will receive cryptocurrency assets with a value greater than the investment amount you set.

    Articles in this section

  • Frequently Asked Questions (FAQ) of Alarm Price Feature
  • Understanding Market Integrity in Crypto Asset Trading
  • Does INDODAX Offer a USDT Asset Lending Feature?
  • Can I Use an International Phone Number When Adding the Passkey Feature?
  • Is there a maximum balance limit for Indodax accounts?
  • Can I Unstake If My Staking Status Is Still in the Bonding Period?
  • Can the Staking Reward Distribution Process Be Accelerated?
  • Does Indodax offer a coin swap feature?
  • Does Indodax Offer Crypto Debit Cards?
  • Can I Continue a Complaint Report from a Live Chat Session That Has Ended?

Related articles

  • Can I learn about smart contracts on Indodax?
  • Is there a fee for switching from Lite mode to Pro mode on the app?
  • Do I need to request a Deposit if I want to make a BCA Direct Deposit payment through Teller?
  • How much does it cost to deposit digital assets on Indodax?
  • Are there any fees associated with coin staking?

Promoted articles

  • BCA Virtual Account Payment Guideline
  • Frequently Asked Questions (FAQ) of Alarm Price Feature

Was this article helpful?


Have more questions ? Submit a Request
×
Logo
English (United States) Bahasa Indonesia 简体中文
Indodax.com © 2022