Fee Schedule
Last Updated: May 3, 2026
Kynettic's fees are straightforward and transparent. The exact fee for every action is shown to you before you confirm — no hidden charges, no surprises.
P2P Trading
All P2P trades on Kynettic settle instantly through our automated system — no bank transfers, no waiting, no manual steps. A small fee applies to both sides of every successfully completed trade.
| Role | Fee |
|---|---|
| Advertiser (Merchant) | 0.2% of trade value |
| Trader (User) | 0.7% of trade value |
- Fees are only charged when a trade completes successfully. No fee is applied if a trade does not complete.
- The exact fee amount is calculated and displayed before you confirm any trade.
- Fees are automatically deducted from your wallet at the moment of settlement.
Fiat (NGN) Wallet
Deposits
| Type | Fee |
|---|---|
| NGN deposit | ₦1% capped at #100 |
Fiat is deposited into your Kynettic NGN wallet via your unique virtual bank account. Once your transfer is confirmed, your wallet is credited automatically.
Withdrawals
| Charge | Amount |
|---|---|
| Bank processing fee | ₦20 flat |
| Transfer levy (on amounts above ₦10,000) | ₦50 flat |
- Fiat withdrawals are processed only to the bank account registered under your verified name. Withdrawals to third-party accounts are not permitted.
- The total fee for your withdrawal is calculated and shown before you confirm.
Crypto Wallet
Deposits
Crypto deposits are completely free. No fees applied.
Send crypto to your Kynettic deposit address on any supported network and it will be credited to your wallet automatically once confirmed on-chain.
Withdrawals
| Type | Fee |
|---|---|
| Crypto withdrawal | Network fee (varies by asset and network) per withdrawal |
Network conditions may affect withdrawal fees. The exact fee is always displayed before you confirm.
Supported Networks
The following networks are supported for crypto deposits and withdrawals:
- BNB Smart Chain (BSC)
- Arbitrum
- Celo
- ERC-20 (Ethereum)
- Lisk
- Optimism
- Polygon
- Solana
- TON
- TRC-20 (Tron)
Token Swap
Swapping between tokens is free — there is no swap fee. The only cost is a spread of approximately 0.2% built into the exchange rate you see. The rate shown already accounts for this, so the amount displayed is exactly what you receive.
| Token | Minimum Swap |
|---|---|
| USDT | 1.5 USDT |
| USDC | 1.5 USDC |
| ETH | 0.001 ETH |
| BTC | 0.0001 BTC |
| SOL | 0.015 SOL |
Fee Summary
| Action | Fee |
|---|---|
| P2P trade — Advertiser (Merchant) | 0.2% of trade value |
| P2P trade — Trader (User) | 0.7% of trade value |
| NGN deposit | ₦50 |
| NGN withdrawal | ₦20 + ₦50 transfer levy (if above ₦10,000) |
| Crypto deposit | Free |
| Crypto withdrawal | Network fee (varies by asset and network) |
| Token swap | No fee — ~0.2% spread included in rate |
Important Notes
- All fees are displayed before you confirm any action — you will never be charged without first seeing the amount.
- Fees are final and non-refundable once a transaction completes successfully.
- Kynettic may update its fee schedule from time to time. Any changes will be communicated before they take effect.
- Kynettic reserves the right to restrict or suspend accounts found abusing the platform, manipulating fees, or exploiting system behaviour.
Kynettic does not provide financial or investment advice. Cryptocurrency trading carries risk. Please trade responsibly.