Summary
This article explains Bitvavo's trading fees, including how they are calculated, the difference between maker and taker fees, the impact of trading volume tiers, and an additional note on reduced fees for USDC trading pairs. You'll also find examples and FAQs to help you better understand how fees are applied.
Trading fees overview
Bitvavo charges trading fees for every executed order. These fees depend on:
- The type of order you execute.
- Your 30-day trading volume tier.
Fee structure
You can find the full breakdown of Bitvavo's current fees on our fees page.
Types of trading fees
Bitvavo applies fees based on the type of order you place:
- Taker fees: Charged when your order is immediately matched with an existing order from the order book. This applies to all market orders.
- Maker fees: Charged when your order adds liquidity to the order book, such as with limit orders that don’t execute immediately.
Trading volume tiers
Bitvavo calculates fees using a tier system. The more you trade, the lower your fees:
- Your 30-day trading volume determines your tier.
- Fees are recalculated nightly around 01:00 UTC.
You can check your trading volume and applicable tier in your account under Settings.
Lower fees for USDC trading pairs
Trading pairs involving USDC (USD Coin) typically have lower fees than Euro-based pairs. For example, trading Bitcoin (BTC) or Ethereum (ETH) against USDC often incurs reduced costs.
You can review the detailed fee structure for USDC trading pairs on our fees page.
Rounding
Sometimes, rounding occurs when calculating fees. Here’s how Bitvavo handles rounding:
- Fiat transactions are rounded to two decimal places.
- Crypto transactions are rounded to eight decimal places.
This ensures fees always meet or exceed the specified percentage. For example:
Buying 0.0331 BTC at €4951 per BTC with a 0.10% fee:
- Total cost: €163.8781
- Fee: €0.1638781
- Rounded total: €164.05 (€0.0080219 rounding difference included).
Example of a trading fee
Suppose you sell €1000 worth of Bitcoin with a maximum taker fee of 0.25%:
- €1000 x 0.25% = €2.50 fee.
- You will receive €997.50 after the fee is deducted.
Frequently Asked Questions
Why is my trading volume decreasing?
Your trading volume is based on the total trades executed in the past 30 days. If your activity decreases, your 30-day total may drop, which could change your fee tier.
Where can I see my trading tier?
You can find your trading volume and tier in your account under Settings. Your tier updates daily based on your activity over the last 30 days.
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