What is the trading fee when I buy or sell digital currency?
Bitvavo charges trading fees for executing transactions on Bitvavo's platform. The amount of the trading fee is based on:
- The type of order you execute.
- The scale of trading volume 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 executed 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 level
There are a number of trading volume scales, each with different transaction costs. This means executing orders becomes cheaper the more transactions you have carried out over the passed 30 days. In your transaction history you can easily find your transaction volume during the past 30 days and the cooresponding scale.
Suppose you would 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.
Because transaction fees might lead to unrounded amounts, it may be necessary to round off the transaction fee. Bitvavo supports payments in Euro until 2 digits after the decimal point and payments in digital currency until 6 digits after the decimal point. If you owe a smaller amount, the transaction fee will be rounded up.
For example, a transaction fee of €0,073 will be rounded up to €0,08.