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: 0.85%
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: 0.85%
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
Jupiter
Provider fees: 0%
Network fees: Yes
Spot fees: 0%
Minimum: Depends on the crypto (dynamically displayed in app)
Maximum: Depends on the crypto (dynamically displayed in app)
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)
Wyre
Provider fees: 0.75%
Network fees: Yes
Spot fees: 1%
Minimum: Depends on the crypto (dynamically displayed in app)
Maximum: Depends on the crypto (dynamically displayed in app)