sun crypto Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
sun crypto Account Types Explained
Sun Crypto offers a variety of account types tailored to meet the diverse needs of traders. Below is a detailed overview of each account type available on the platform:
1. Standard Account
- Minimum Deposit Requirement: ₹0
- Spread/Commission Structure: 0.40% + 18% GST for INR pairs; 0.25% + 18% GST for USDT pairs.
- Leverage Options: Up to 75x on futures trading.
- Key Features: Access to spot and futures trading, competitive fees, and a user-friendly interface.
- Target User Profile: Beginners and casual traders.
- Trading Instruments Available: Over 600 cryptocurrencies paired with INR and USDT.
2. Premium Account
- Minimum Deposit Requirement: ₹10,000
- Spread/Commission Structure: Reduced fees compared to Standard Account.
- Leverage Options: Up to 75x on futures trading.
- Key Features: Enhanced trading tools and analytics, priority customer support.
- Target User Profile: Intermediate traders looking for more features.
- Trading Instruments Available: Same as Standard Account.
3. Elite Account
- Minimum Deposit Requirement: ₹100,000
- Spread/Commission Structure: Further reduced fees, better than Premium Account.
- Leverage Options: Up to 75x on futures trading.
- Key Features: Advanced trading features, personalized account management, and exclusive market insights.
- Target User Profile: Advanced and institutional traders.
- Trading Instruments Available: Extensive range of cryptocurrencies and trading pairs.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: Premium Account
- Advanced Traders: Elite Account
Detailed sun crypto Account Features
Feature Comparison Across Different Account Types
Advantages of Each Account Type
-
Standard Account:
No minimum deposit requirement.
Suitable for beginners.
Access to a wide range of cryptocurrencies.
Premium Account:
Lower trading fees.
Enhanced trading tools.
Priority customer support.
Elite Account:
Best trading conditions.
Personalized account management.
Access to exclusive market insights.
Disadvantages of Each Account Type
-
Standard Account:
Limited features compared to higher-tier accounts.
Higher fees than Premium and Elite accounts.
Premium Account:
Minimum deposit may be a barrier for some users.
Still lacks some advanced features available in Elite.
Elite Account:
High minimum deposit requirement.
May not be suitable for casual traders.
sun crypto Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available primarily in India; check local regulations for other regions.
- Prohibited Countries: Users from countries with strict cryptocurrency regulations may be restricted.
Identity Verification Documents Needed
- Proof of Identity: Valid government-issued ID (Aadhar Card, Passport, or Driver's License).
- Proof of Residence: Recent utility bill or bank statement with your name and address.
- Additional Documentation for Professional Accounts: Company registration documents for corporate accounts.
KYC/AML Compliance Procedures
- Users must complete Know Your Customer (KYC) verification to comply with Anti-Money Laundering (AML) regulations.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Step-by-Step sun crypto Account Opening Guide
Registration Process
- Visit the Website: Go to the Sun Crypto website or download the mobile app.
- Click Registration: Select the registration option on the homepage.
- Personal Information Entry: Fill in your name, email, and mobile number.
- Choose Account Type: Select the account type that suits your trading needs.
- Set Trading Preferences: Specify your trading preferences and risk tolerance.
- Document Upload: Upload the required KYC documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit funds using your preferred payment method.
- Start Trading: Once verified and funded, you can start trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both platforms, but mobile users may have a more streamlined experience.
Common Registration Issues and Solutions
-
Issue: Document upload failure.
Solution: Ensure documents are clear and in the correct format.
Issue: Verification delays.
Solution: Contact customer support for assistance.
Average Account Approval Time
- Typically, account approval takes between 1-3 business days.
How to Upgrade/Downgrade Account Types
- Users can request an upgrade or downgrade through the account settings section or by contacting customer support.
sun crypto Demo Account Guide
Demo Account Features and Benefits
- Virtual Trading Environment: Practice trading without financial risk.
- Access to All Features: Users can explore the platform's features and tools.
How to Open a Demo Account
- Select the demo account option during the registration process or from the user dashboard.
Demo Account Limitations
- Limited to virtual funds and may have time restrictions.
Virtual Balance Amount
- Typically, demo accounts come with a virtual balance of ₹1,000,000 for practice.
Demo vs Live Account Differences
- Demo accounts do not involve real money, while live accounts require actual funds and involve real trading conditions.
Duration/Expiry of Demo Accounts
- Demo accounts may expire after a certain period, usually 30 days, but can often be renewed.
sun crypto Islamic Account Details
Swap-Free/Islamic Account Availability
- Sun Crypto offers Islamic accounts that comply with Sharia law by providing swap-free trading options.
Eligibility Requirements
- Users must declare their intention to open an Islamic account during the registration process.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees, making them suitable for Muslim traders.
How to Apply for Islamic Account
- Indicate the request for an Islamic account during the registration or contact customer support for assistance.
Restrictions or Special Conditions
- Islamic accounts may have specific conditions regarding trading instruments and leverage.
FAQs – sun crypto Account Types & Opening
- What account types does sun crypto offer?
- Sun Crypto offers Standard, Premium, and Elite accounts.
- What is the minimum deposit for each account type?
- Standard Account: ₹0, Premium Account: ₹10,000, Elite Account: ₹100,000.
- How long does sun crypto account verification take?
- Verification typically takes 1-3 business days.
- Does sun crypto offer demo accounts?
- Yes, Sun Crypto provides demo accounts for practice trading.
- Can I have multiple account types with sun crypto?
- Yes, users can open multiple accounts but may need to manage them separately.
- Does sun crypto offer Islamic/swap-free accounts?
- Yes, Sun Crypto offers Islamic accounts that do not incur swap fees.
- What documents do I need to open a sun crypto account?
- Valid ID, proof of residence, and additional documents for corporate accounts.
- Can I change my account type after registration?
- Yes, users can request to upgrade or downgrade their account type through customer support.
Sun Crypto accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .