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INLOCK: Crypto Savings Platform

Cryptocurrency fees and minimums

Inlock Swap - minimum amounts to swap

Coin Min amount to swap

 BTC

0.0008

 ETH

0.022

 LTC

0.2

 BNB

0.07

 LINK

1

 PAXG

0.01

 USDC

19

 USDT

20

 DAI

20

 ADA

40

 FTT

0.2

 SOL

0.2

 SRM

4

 RAY

4

What is Inlock Swap Within your Inlock wallet, you can now easily swap between major cryptocurrencies and stablecoins. Exchanging between your assets is cheaper, more convenient and faster, so you never have to miss a market opportunity. The table above shows the minimum amounts to swap in different currencies.

Inlock Withdrawal fees and minimums

Based on customer's ILK token balance, INLOCK provide free (waived) withdrawals montly basis. Customer's free (waived) withdrawals are recharged on the first day of each month.

ILK balance Number of free witdrawals per month

0  

1

25k  

2

100k  

4

1Mk  

10

Fees applied after the use of waived withdraws:

Coin Network Fee Min amount to withdraw

 BTC

btc

0.0003
$8.84937

0.002
$58.9958

 LTC

ltc

0
$0

0.09
$6.2982

 ETH

eth

0.005
$9.8999

0.02
$39.5996

 ILK

erc20

1500
$10.99941

25000
$183.3235

 BNB

bc

0.009
$2.8287

0.2
$62.86

 USDC *

erc20

15
$15

200
$200

 PAXG **

erc20

0.01
$18.5361

0.025
$46.34025

 LINK

erc20

0.85
$6.009602

2.6
$18.382312

 USDT

erc20

21
$21

200
$200

 DAI

erc20

21
$21

300
$300

 MKR

erc20

0.008
$11.256

0.03
$42.21

 UNI

erc20

1.25
$6.6

2.5
$13.2

 ADA

cardano

1
$0.5305

10
$5.305

 SOL

solana

0.005
$0.2532

1
$50.64

 SRM

solana

0.05
$0.05615

5
$5.615

 RAY

solana

0.05
$0.0537

5
$5.37

 FTT

solana

0.005
$0.1511

1
$30.22

* USDC waived network fee: USDC withdrawal is free when customer has a loan contract no older than 30 days.
** PAXG additional fee: The PAXG token charges an additional 0.02% network fee from the transferred amount over the basic network fee.
How to withdraw to BEP20 and other networks Currently, Inlock only supports Binance Smart Chain and other alternative chains for deposits. We plan to expand supported networks later when we will be ready for the implementation. Make sure you select the correct transfer address when initiating the withdrawal from your Inlock application. Sending assets to the wrong address or wrong network may result in a permanent loss of funds! Inlock is not responsible for any digital assets sent to the wrong address or wrong network.
How long does the withdrawal last Withdrawals are automated in Inlock. Inlock initiates the withdrawal process every 10 minutes (approx.), the withdrawal time depends on the network congestion and other internal processes; but on average it should not last more than 1-2 hours.
In some rare cases, manual approval is needed before proceeding with a withdrawal, for example: account security reasons, liquidity management, etc. Managing liquidity is essential: generating interest in the Inlock Savings Account comes from lending cryptos to institutional actors, typically in the short or medium term, but with fixed callback options. Inlock maintains a daily supply of every coin which can be used to handle the expected demand for withdrawals. When the demand is significantly higher than our reserves, the necessary amount is recalled from one or more partners. Its lead-time usually takes 1-2 hours, however, our obligation is 2 business days according to our contract. Since the majority of our partners are located in the USA and Singapore, time difference and holidays can be also time-consuming, but the process does not exceed 2 business days generally.