Wallet transaction fees: purchases, sales, and swaps

Modified on Thu, 23 Jul at 10:56 AM

At Bit2Me, we are convinced that transparency and clarity in communicating our fees can help you make better decisions and achieve ideal trading.

Below, we explain the limits, fees, and key concepts you should know when transacting, along with tips to maximize your operations and reduce the fees you pay when trading with various buy, sell, and swap options:

Transaction fee
Operational and management costs on purchases
Limits by transaction type
Quotation price and spread
Price update

Transaction fee

This is the fee Bit2Me charges for the exchange service, meaning for the conversion of any currency or fiat. This includes crypto-to-crypto, euro-to-crypto, or crypto-to-euro transactions. This conversion fee will be applied in the payment currency and is independent of any additional operational or management costs.

Transaction	Transaction fee
Purchases Instant, recurring, buy orders, and collections.	0.95%
Sales Instant and sell orders.	0.95%
Swap Cryptocurrency exchange (Swap).	0.95%

How to reduce the transaction fee?

Thanks to Space Center, you can get transaction fee discounts of up to 100% at Level 7, meaning you wouldn't pay any fee.

Below, you can see a table with transaction fee discounts based on your Space Center Level. Check out the Space Center article for more details.

Level	0	1	2	3	4	5	6	7
% Fee	0.95%	0.94%	0.9%	0.81%	0.67%	0.48%	0.24%	0%

Operational and management costs on purchases

This is a fee that Bit2Me applies for operational and management costs when processing a payment in euros. When making a direct purchase with euros or a traditional currency, a fee of 1.99% may be applied.

The exact fee that will be applied to you will always be detailed in the last window before confirming the transaction.

How to reduce operational and management costs?

This fee can be reduced with the discounts corresponding to your Space Center level. If your purchase has an operational and management cost fee applied, the discounts equivalent to your level will be applied to this fee:

Level	0	1	2	3	4	5	6	7
Discount	-%	1%	5%	15%	30%	50%	75%	100%

Limits by transaction type

Transaction	Method	Minimum amount
Purchase	Card, Apple Pay or Google Pay, Euro Wallet, PIX (Brazil), CVU (Argentina).	€1 or equivalent.
Sale	Wallet	€0.10
Swap	Wallet	€0.10 equivalent

Below are some tips to help you optimize your transactions by reducing fees:

Deposit via bank transfer: SEPA bank transfers are completely free and unlimited. Once the transfer is made and the balance is credited to your Euro wallet, you can make purchases using your available Euro balance in your account. How to deposit Euros via bank transfer?
Increase your Space Center Level: The higher your Space Center Level, the fewer fees you'll pay on your transactions, up to a 100% discount at Level 7. What is Space Center?
Trade from Pro: Use the advanced Bit2Me Pro trading platform and enjoy reduced fees by using the different order types available. Pro fees depend on your trading volume over the last 30 days, your Space Center Level, and whether you are a taker or maker. PRO fees range between 0% and 0.60% depending on these variables. Bit2Me Pro: What is it? Is this service for me?, Bit2Me Pro fee structure

Quotation price and spread

The quotation price includes a spread, which is the difference between the highest buy price and the lowest sell price of an asset within an exchange. It helps us guarantee an execution price for 10 seconds while the transaction is being processed.

This is necessary due to the high volatility of the cryptocurrency market.

The maximum spread is 1.2% and depends on factors such as:

The currency you are trading.
The transaction volume.
Market volatility at the time of the transaction.

Check out the Bit2Me Academy article on what spread is to learn more. 

Price update

When you get a currency quote, the price updates every 10 seconds.

After this time, the price may have gone up or down. Thanks to the spread, we guarantee a buy or sell price during those 10 seconds.