What is the trading fee when I buy or sell digital currency?

Bitvavo charges trading fees if your order is executed. The amount of the trading fee is based on:

  1. The type of order you execute.
  2. The tier of trading volume you are in.

You can find a complete overview below.

VOLUME (30D)

TAKER FEE

MAKER FEE

€ 0+

0.25%

0.20%

€ 50 000+

0.24%

0.15%

€ 100 000+

0.22%

0.10%

€ 250 000+

0.20%

0.06%

€ 500 000+

0.18%

0.03%

€ 1 000 000+

0.16%

0.01%

€ 2 500 000+

0.14%

-0.01%

€ 5 000 000+

0.12%

-0.03%

€ 10 000 000+

0.10%

-0.05%

Order type

The fees of Bitvavo are categorized into:

  • Taker fees; these are applicable when your order is filled immediately with one of the available orders in the order book (this will often be the case with market orders).
  • Maker fees; these are applicable when your order is not filled immediately but add liquidity to the order book (this will often be the case with good till cancel limit orders).
Trading volume tier

There are a number of trading volume tiers, each with different transaction costs. This means that executing orders becomes cheaper once you have completed more transactions in the past 30 days. In your transaction history you can easily find your transaction volume over the past 30 days and the corresponding tier.

Example trading fee

Suppose you want to buy € 1,000 Bitcoin. We assume the maximum (taker) fee of 0.25%. € 1,000 * 0.25% = € 2.50 trade costs. This means that you have bought € 997.50 in Bitcoin. Trading costs are processed directly in the transaction.

Rounding

Because the multiplication of numbers with certain digits after the decimal point leads to more decimals, it could be necessary to round the excess and include it as a transaction fee. Bitvavo supports payments in Euro until 2 digits after the decimal point and for payments in digital currency mostly until 8 digits after the decimal point. Rounding is done so that the fee always is equal to or exceeds the fee percentage for the user's account. Fee's due to rounding are calculated for the entire order, and may negate fees for other fills in the same order.

For example (0.10% fee): Buying 0.0331 BTC for a price of €4951 per BTC = €163.8781 cost, €0.1638781 fee (total €164.0419781). The amount deducted from the user's balance is €164.05. The user paid €0.1638781 fee, and €0.0080219 due to rounding (total €0.1719).


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