Open Order Book Feature:

  1. Going forward all users on Colodax platform will not be able to place pending orders. How does it affect you ?    
    1. All your open orders are cancelled automatically.
    2. All the trading pairs are now available on our Instant Exchange. You will be automatically routed to Instant Exchange page after you login on website. In mobile just click on Pair from Home Screen.
    3. Instant exchange reduces the effort to wait for trade to be executed. Just enter the amount/quantity you want to buy/sell and it will be executed immediately at the current market price on our platform.
  2. We know we are giving a short notice but this is to resolve the liquidity on the platform and provide seamless experience to our users.
  3. We will soon be launching the pending orders feature for Instant Exchange!!
  4. To know more about Instant Exchange click here


INR Rebate Program:

  1. Going forward all users on Colodax platform will not receive any INR rebate for their balance in the account. 
  2. You can check in the rebates section and you should have received rebate for the July month. (IF APPLICABLE).


No Trading Fees on Selling:

  1. We will be reverting the sell order trading fees (Including TDS) if the total sell volume in a month exceeds > Rs.25 lac.
  2. We will be complying with all the government TDS guidelines and would also be filling TDS on behalf of each user.

Maintenance:

  1. We will be performing maintenance today 11 PM IST and it should last about 3-4 hours. (Sorry again for the short notice)
  2. We will notify again once the maintenance activity is complete.d
  3. Everything above will take into effect post the maintenance activity is completed.