Wallet trading fees: purchase, sales and swap

Modified on Thu, 7 Aug at 5:51 PM

At Bit2Me, we are convinced that transparency and clarity in communicating our fees can help you improve your decisions and achieve an ideal operation.


Below, we explain the limits, fees, and key concepts that you should know when operating, as well as tips to get the most out of your operations, reducing the fees you pay when operating with the different options for buying, selling, and exchanging:


Operation fee

This is the fee that Bit2Me charges for the exchange service, that is, for the exchange of any currency or asset. This includes crypto-to-crypto, euro-to-crypto, or crypto-to-euro operations. The fee for this exchange will be applied in the payment currency and is independent of any additional operational or management costs.


Operation
Operation fee
Purchases
Instant, recurring, purchase orders, and collections.
0.95%
Sales
Instant and sell orders.
0.95%
Change
Cryptocurrency exchange (Swap).
0.95%

  • How to reduce the operation fee?

Thanks to Space Center, you can get discounts on operation fees of up to 100% at Level 7, so you would not pay any fee. 

Below, you can see a table with the discounts on operation fees depending on the Space Center Level. Check the article about Space Center to know 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 a fee applied for operational and management costs, 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 operation type


Operation
Method
Minimum amount
Purchase
Card, Apple Pay or Google Pay, Euro Wallet
€1
Sale
Wallet
€0.10
Exchange
Wallet
Equivalent to €0.10


Below we offer a series of tips with which you can optimize your operations by reducing fees:
  • Deposit by transfer: SEPA bank transfers are completely free and without limits. Once the transfer has been made and the balance credited to your Euro wallet, you can make purchases with your available euro balance in your account. How to deposit Euros by bank transfer?

  • Level up in Space Center: The higher your Space Center Level, the fewer fees you will pay in your operations, reaching up to a 100% discount at Level 7. What is Space Center?

  • Operate from Pro: Use the advanced trading platform Bit2Me Pro and enjoy reduced fees by using the different types of orders available. Pro fees depend on your traded volume in the last 30 days, your Space Center Level, and whether you are a taker or a maker. PRO fees range from 0% to 0.60% depending on these variables. Bit2Me Pro: What is it? Is this service for me?, Bit2Me Pro fee structure


Quoted price and spread

The quoted 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 operation is being processed.

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

The maximum spread is 1% and depends on factors such as:

  • The currency you are trading.
  • The volume of the operation.
  • The volatility of the market at the time of the operation.

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


Price update

When you get the quote for a currency, the price is updated 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.


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