Conversion fees bitcoin

What are the conversion fees? Coinbase Wallet currently charges a flat fee of % on all conversions. Conversion fees help us maintain and improve the.
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Develop and improve products. List of Partners vendors. What does it cost to trade bitcoin? Apart from the price of bitcoin itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. These fees include Maker which add to the order book liquidity through limit orders and Taker which subtract liquidity from an order book through market orders fees.

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In some cases, cryptocurrency traders can incur maker as well as trader fees, if the limit order is already present in the order book. Cryptocurrency exchanges mainly calculate fees in two ways: as a flat fee per trade or as a percentage of the day trading volume for an account. There are four important things that traders must consider while purchasing cryptocurrencies. Here is a brief comparison of trading fees for bitcoin at the current list of most popular exchanges by trade volume.

This comparison does not take into account margin and leverage fees. Seychelles-based HCoin is one of the newest entrants into the cryptocurrency exchange field as of January HCoin's fees are dependent on the base currency and volume and are listed in a chart on the exchange's website. Estonian platform Coinsbit has a focus on security and on innovative offerings such as InvestBox, a low-cost, low-risk way for investors to make exploratory transactions involving new altcoins.

The exchange also has variable fees for deposit and withdrawal, depending upon the cryptocurrency, and with different minimums for each token as well.

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As of January 11, , the fee to deposit USD was 0. Some of the cryptocurrencies are free to deposit i. Additionally, new accounts are initially prohibited from making withdrawals. The third most popular cryptocurrency exchange by trade volume is BitForex, an exchange headquartered in Singapore and registered in Seychelles.

BitForex offers a host of trading options, including margin trading, derivatives, and more. As such, this exchange has a more complex fee schedule than some of its peers on this list. For spot trades, BitForex charges 0. For perpetual trades, there is a maker fee of 0. Discounted rates are available for specialized market maker accounts on the platform. Deposits to BitForex are free, while withdrawals vary depending upon the currency involved.

There are also minimum and hour maximum withdrawal levels associated with each cryptocurrency. Besides being a popular cryptocurrency exchange, LBank also supports innovation in the altcoin space through its "LBK Voting Listing" event, which pits 8 new cryptocurrency projects against one another for a chance to be listed on LBank for free. LBank charges a taker fee of 0. Different cryptocurrencies are associated with various withdrawal rates set at fixed quantities of those cryptocurrencies themselves. For instance, a user withdrawing bitcoin from LBank will be charged a flat fee of 0.

There are also withdrawal minimums for each cryptocurrency that are also set as fixed quantities of the token in question. Interestingly, LBank does not indicate a maximum withdrawal over a hour period. P2PB2B also sets minimum deposits and withdrawals in most cases and charges a variable withdrawal fee depending upon the cryptocurrency. Like LBank, withdrawal fees vary from token to token but are assessed as fixed quantities of tokens. Your Privacy Rights.


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Your Money. We may refuse your instruction if:. This means you can tell us when to sell or transfer it within the limits of these terms and conditions. You have complete control of your cryptocurrencies, and we will only act upon instructions you give us. You will not be able to carry out transactions yourself.

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You will not have a separate cryptocurrency account. You can transfer cryptocurrency to other Revolut customers in the Revolut app. You cannot pay in cryptocurrency using your Revolut Card either. This means that if you make a payment using your Revolut card, and the only funds you have are in a cryptocurrency, the payment will fail. Our exchange rate for buying or selling cryptocurrency is set by us, based on the rate that the crypto exchanges offer us. It is a variable exchange rate and, which means it is constantly changing.

You can always see the current rate in the Revolut app. We charge you a small fee on crypto exchanges as set out in our Fees Page.

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The exchange rate may change between the time you told us you wanted to buy or sell cryptocurrency and the time we actually buy or sell it on your behalf. This means that if you ask us to buy cryptocurrency, you may receive a little more or less cryptocurrency than what you had expected and if you ask us to sell cryptocurrency, you may receive more or less e-money than you expected. Remember, unless you are a Premium or Metal customer, you can make a set amount of free exchanges in crypto, commodities and foreign currencies every month. However, after that, you will start paying a fair usage fee.

The set amount depends on what your base currency is and is set out on our Fees Page. This fair usage fee applies in addition to any crypto fees. Cryptocurrency carries significant risks. You should carefully consider whether it is appropriate for you to buy cryptocurrency. This could happen if, for example:. The price or value of cryptocurrencies can rapidly increase or decrease at any time. It may even fall to zero. Unlike normal money, no bank or government can stabilise the value of cryptocurrency if it changes suddenly.

A fork is a sudden change in how a cryptocurrency works. A fork may seriously change the function, value or even the name of a cryptocurrency. Unfortunately, for reasons beyond our control, a fork may cause a cryptocurrency we hold for you to be split into two cryptocurrencies.

If this happens, the following may apply, as we see fit:. You may have to pay taxes or costs on our crypto services. We are not responsible for collecting these from you, for making any payments on your behalf, or for providing any reports relating to tax. Nothing in these terms and conditions removes our liability for death or personal injury resulting from our negligence or for fraud or fraudulent claims and statements. If you break these terms and conditions in a serious way, and this causes us to suffer a loss, the following will apply:. You can end the agreement at any time by letting us know through the Revolut app, by writing to us at our head office, or by emailing us at feedback revolut.

However, we may let you know that we are immediately ending this agreement if any of the following apply:. If we end this agreement we will sell all the cryptocurrency that we hold on your behalf and place the equivalent amount of e-money in your Revolut account. We may also end your other agreements with us. You can speak to us through the Revolut app or contact us for more information. We always do our best, but we realise that things sometimes go wrong. If you have a complaint, please contact us. The most efficient way to make a complaint is to use this online form.

The agreement is personal to you and you cannot transfer any rights or obligations under it to anyone else.

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If these terms and conditions are translated into another language, the translation is for reference only and the English version will apply. If you want to take legal action against us in the courts, only the courts of England and Wales can deal with any matter relating to these terms and conditions. If you live in another country, you can take other action in the courts where you live. United Kingdom.