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:
- The type of order you execute.
- The level of trading volume that you are in.
You can find a complete overview below.
€ 50 000+
€ 100 000+
€ 250 000+
€ 500 000+
€ 1 000 000+
€ 2 500 000+
€ 5 000 000+
€ 10 000 000+
The fees of Bitvavo are categorized into:
- Taker fees; these are applicable when your order is immediately filled 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 immediately filled but add liquidity to the order book (this will often be the case with good till cancel limit orders).
Trading volume level
There are a number of trading volume levels, each with different transaction costs. This means that executing orders gets cheaper when you have done more transactions in the past 30 days. In your transaction history you can easily find your transaction volume of the past 30 days and which level corresponds with that.
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 directly processed in the transaction.
Because transaction fees might lead to unrounded amounts, it could be necessary to round the transaction fee. Bitvavo supports payments dominated in Euro until 2 digits after the decimal point and for payments dominated in digital currency until 6 digits after the decimal point. The transaction fee will be rounded up when they are too small.
For example, a transaction fee of €0,073 will be rounded up to €0,08.