Fees and deadlines

Fees

    Accredited Agents COLONYBIT

  • Purchase Fee: 0%
  • Selling Fee: 0%
  • Fee for creation of purchase order: 0%
  • Fee for creation of sales order: 0%
  • Serving Fee: 0% + Bitcoin network Fee
  • Deposit Fee: 0% + Bitcoin network Fee

    COLONYBIT Users

  • Purchase Fee: 1%
  • Selling Fee: 1%
  • Fee for creation of purchase order: 0%
  • Fee for creation of sales order: 0%
  • Serving Fee: 0% + Bitcoin network Fee
  • Deposit Fee: 0% + Bitcoin network Fee

Deadlines

    Creation of PURCHASE and SALE orders

  • Release of Bitcoin purchase order on platform: Immediately
  • Release of Bitcoin sales order on platform: Immediately
  • Deadline for payment between users and agents:

  • Bitcoin Purchase Order Payment: Up to 3 hours
  • Release of Bitcoin:

  • Immediately; after buyer makes the payment, the seller can finalize the negotiated order.
  • Deadlines for purchase or sale offers

  • Permanence of the order of purchase or sale order on the platform: 30 days.
    After the deadline, if there is no negotiation, the order will expire automatically.
  • Documentation

  • Analysis and verification of documents on the platform: from 24 to 48 business hours