Platform fees and charges

What are the charges that the CrSIP Platform charges to create SIP?

The CrSIP platform is charging 2% of the SIP amount to create a SIP. There are no penalty charges for early termination of SIP.

What are the penalty fees if I terminate my SIP early?

Currently, there are no termination charges for early termination of SIPs.

What are the spot charges for swapping any ERC-20 or BEP-20 coin using the CrSIP platform?

CrSIP platform charges 0.6% for spot trading of swapped coins. We get the rates from the 20 best exchange platforms.

What are the charges for On Ramp and Off Ramp?

We charge 0.2% each for on-ramp and off-ramp.

What happens to my SIP if the token runs out of liquidity across all popular exchanges?

If the token in which you have started your SIP runs out of liquidity across all popular exchanges, it can have severe consequences for your SIP. Here are some possible scenarios:

If the token is reputed, you believe that the lack of liquidity across all popular exchanges is temporary, and you believe in that token, then Do NOTHING. Our platform will automatically try to search for liquidity for your token on the date of SIP-CYCLE. If it cannot find liquidity on that day due to whatever reasons, our product will return you STABLE COINS worth the recurring amount of that SIP on that specific day instead of your token.

If you believe the token is fraudulent and you feel there is a rug-pull in the market, you can simply terminate your SIP for that token. Our platform will automatically return the staked CRSIP tokens to your non-custodial wallet (the balance of CRSIP Tokens that have not been liquidated yet across your SIP cycles for that specific SIP) after deducting early termination penalties. This way, you can then reinvest these received CrSIP tokens into SIP for some other genuine, reputed tokens of your choice.

How much amount is refunded if I terminate the SIP?

We currently support centralized and decentralized exchanges. If we cannot find any liquidity for your SIP across any of these exchanges, we will refund stablecoins worth the recurring amount of your SIP on the day of liquidation after deducting our charges.