Fees and Pricing
Fees and Pricing section describes and explains our Coy's operational model.
EQUIVN ENTERPRISE, do not sell tokens for profits like marginal crypto-currencies as COY, must account for it’s asset circulation with bank equivalent and auditable fiat in the Nigerian Naira (NGN).
HOW DOES FEE/PRICING WORKS
At point of EQUIVN purchase, deposits & sends, there are zero (0%) fee on direct buy, with a negligible blockchain fee.
At point of Fiat-Deposit, We charge 1.25% off per deposit.
At point of Fiat-Withdrawal, We charge 2.5% off per withdrawal.
At point of KYC & AV (Account Verification), A non refundable verification fee 10,000 NGN per user’s account is required.
KYC & ACCOUNT VERIFICATION
As part of our compliance regulations and to prevent spam, Users are required to verify their accounts, to enable fiat deposit & banks withdrawal. This requires a non-refundable fee of 10,000 ENGN.
EQUIVN ENTERPRISE shall refund 4,000 ENGN of verification fee as spendable or redeemable after KYC. Also manually applies currently on Waves DEX users.
Min. Fiat(Deposit/withdrawals): 5,000 ENGN
Max. Fiat(Deposit/withdrawals): 200,000 ENGN