There are many ways to interact with your cryptos in Spot. You can purchase crypto instantly with a credit card or even Apple Pay, sell crypto to your bank account, as well as send & receive crypto from anywhere in the world. In order to use those services, you need in some cases to pay fees to a cryptocurrency network, us or our partners.


Explanation of the different types of fees

🤝 Processing fees

  • Provider fees are paid to one of the partners we are working with (for features like buying crypto with credit card for example).

  • Spot fees denote any fee that Spot collects.

🌐 Network fees (also called "Miner fees")

Those fees are mandatory fees to process transactions or other crypto interactions.

They are paid to a cryptocurrency network (such as Bitcoin or Ethereum).

They depend on the current state of the network.

👉 Network fees are never paid to Spot.


Fees and limits per transaction type

📥 Receive crypto

Provider fees: No

Network fees: No

Spot fees: No

Minimum: No limit

Maximum: No limit

📤 Send crypto

Provider fees: No

Network fees: Yes

Spot fees: No

Minimum: No limit

Maximum: No limit

💳 Buy crypto with credit or debit card

MoonPay

Provider fees: 3.25% ($3.99* minimum)

(*) respectively €3.99, £3.99 for purchases initiated in euro or pound sterling.

Network fees: Yes

Spot fees: 3%

Minimum: $30

Maximum:
🇺🇸 United-States

Up to $5,000 per day ($2,000 with Apple Pay)

Up to $50,000 per month ($10,000 with Apple Pay)

For non-US residents

Up to €10,000 per day (€2,000 with Apple Pay)

Up to €50,000 per month (€10,000 with Apple Pay)

Simplex

Provider fees: 5% ($10 minimum)

Network fees: Yes

Spot fees: 3%

Minimum: $20

Maximum: $20,000 per purchase, $50,000 per day, $200,000 per month

Wyre

Provider fees: Apple Pay 1%, Credit or debit card $0.30 + 3.9%

Network fees: Yes

Spot fees: 3%

Minimum: $10

Maximum:
🇺🇸 United-States

$500 per week

$2,000 per month

$5,000 per year

For non-US residents

$1,000 per week

$4,000 per month

$7,500 per year

💰 Sell crypto to bank account

Wyre

Provider fees: 0.75% ($1 minimum)

Network fees: Yes

Spot fees: 2%

Minimum: $8

Maximum: $50,000 per day

Bity

Provider fees: 0.7%

Network fees: Yes

Spot fees: 2%

Minimum: 0.0002 BTC

Maximum: €920* per day

(*) Estimate from 12/30/20 of 1,000 CHF. Use the current rate to get the limit.

♻️ Convert crypto to crypto

Switchain

Provider fees: 0.5%

Network fees: Yes

Spot fees: 1%

Minimum: Depends on the crypto (dynamically displayed in app)

Maximum: Depends on the crypto (dynamically displayed in app)

Did this answer your question?