Key Takeaways
- New Tiered Membership System: Mudrex launched a six-tier Alpha membership recently, replacing its single-tier model. The system is offering lower fees and enhanced services as users trade more.
- India-Focused Benefits: With over 80% of its user base in India, Mudrex tailored the program to benefit Indian traders, offering zero-fee Indian rupee (INR) withdrawals and reduced trading fees to help offset high regulatory costs like the 1% Tax Deducted at Source (TDS).
- Retail Investor Support: The Alpha program includes benefits like priority support, exclusive insights, and VIP access, supporting both beginner and high-volume traders. Educational initiatives aim to boost crypto literacy in India.
- Strategic Launch Timing: The program was introduced during a global crypto rally, aligning with market momentum and aiming to boost user engagement by rewarding trading activity over account size, ensuring broader accessibility.
More Trading Brings More Rewards
Cryptocurrency trading platform Mudrex launched a comprehensive six-tier Alpha membership system recently, replacing its previous single-tier structure with volume-based benefits.
The new system eliminates the platform’s former $1,000 portfolio requirement and bases tier qualification on 30-day trading volume across spot or futures markets. Mudrex structured the program to provide progressively lower fees as trading volume increases, with top-tier members paying futures fees of just 0.030% and spot fees of 0.12%.
Indian Market Positioned for Maximum Benefit
India represents over 80% of Mudrex’s user base and stands to gain the most from the restructured program. The platform targets Indian users with some of the country’s lowest cryptocurrency trading fees while addressing specific market needs through zero-fee Indian rupee (INR) withdrawals, previously charged at 1%.
These changes directly benefit Indian traders who face high transaction costs, including a 1% Tax Deducted at Source (TDS) on cryptocurrency trades. The reduced fees help offset these regulatory costs and make trading more accessible for retail investors.
Mudrex’s Indian user base grew 200% in 2024, reaching over 3 million users. This growth reflects India’s position as one of the world’s fastest-growing cryptocurrency markets, with more than 50 million retail investors participating in digital asset trading.
Program Features Target Retail Investors
The Alpha system provides tiered benefits, including priority customer support, exclusive research insights, and VIP event access. These features cater to India’s diverse investor base, from beginners using simplified products like coin sets to high-volume traders requiring advanced market tools.
Mudrex operates as a Financial Intelligence Unit (FIU) registered platform, complying with India’s anti-money laundering regulations. This regulatory compliance builds trust in a market facing increased government oversight, including a 30% cryptocurrency tax and proposed multi-regulator supervision.
The platform’s educational initiatives, including “Learn With Mudrex” and “Crypto ki Paathshala,” complement the Alpha Program’s exclusive educational content. These resources address India’s low cryptocurrency literacy rates, which experts identify as a barrier to broader adoption among new investors.
Market Timing Aligns with Global Trends
The Alpha Program has been launched during a global cryptocurrency rally, with Bitcoin reaching all-time highs following political developments in 2024. “Indian markets show particular sensitivity to global cryptocurrency trends, positioning the enhanced program to capitalize on current market enthusiasm,” said Mudrex CEO Edul Patel.
The company expects the new changes to increase user engagement and trading volume across its platform.
The implementation automatically enrolls existing members in appropriate tiers based on their recent trading activity, ensuring seamless transition to the new structure. This volume-based approach positions Mudrex competitively against other crypto exchanges while maintaining accessibility for smaller traders seeking institutional-level benefits.
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