Fees and Charges (Buy)

What fees do we charge?

Since there is no central bank controlling cryptocurrencies, it's important to understand that each provider chooses its own rate. However, to help keep things clear, services like TradeBlock XBX list an average (or market) rate based on the known providers. 

The prices you see on our website are based on the XBX + 2% (standard deviation), and include our commission fee of up to 3.90% on buy transactions, and up to 0.9% on sell transactions.

For more information on how to enjoy reduced fees through our loyalty program, click here.

Want to know what fees are applicable when selling us your Bitcoin? Click here!

Momentum fee

On transactions with a locked crypto rate and instant delivery (currently on bankcard transactions), there is an additional 5.00% momentum fee. This fee will be added after you choose your method of payment.

If you want to make sure there is coverage on your card, take the final amount you want to spend and divide it by 1.05 (so if you have 1000 USD to spend, 1000 / 1.05 = 952). This is the amount you can spend when choosing how much cryptocurrency to buy.

Note that orders placed by bank transfer (SEPA, SWIFT, and Faster Payments (UK)) do not incur a momentum fee, and carry no additional fees.


Buy orders placed by SWIFT bank transfer are subject to a minimum order amount of 1,000 USD. Your bank may charge a separate fee for creating the bank transfer, and it would be best to consult with them prior to creating an order.

Below the Minimum Fee

Buy orders placed by SWIFT bank transfer have a minimum order amount of 1,000 USD. If you'd like to place a SWIFT order below 1,000 USD, we will add a "below the minimum" flat fee of 20 GBP. There is no minimum order amount when selling Bitcoin.

 

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