Fees for buying & withdrawing bitcoin on Fold

What fees do I pay for buying bitcoin on Fold?

  • Fold+ users pay no processing fees when buying bitcoin on Fold.
  • Fold users pay a 0.95% processing fee when buying bitcoin on Fold.

In lieu of processing fees, Fold leverages a small spread which is variable based on the size of the purchase.

For full buying information, see Full Guide to Buying Bitcoin on Fold.

What fees do I pay for withdrawing bitcoin on Fold?

Sending bitcoin from your Fold account involves Bitcoin network fees, aka on-chain fees. These fees, consisting of small bitcoin amounts, serve as rewards for miners who ensure speedy Bitcoin transaction confirmations. It's important to know that these fees don't benefit Fold in any way.

Please keep in mind that during busy periods on the Bitcoin network, these fees may increase.

We believe self-custody is one of the most important aspects of bitcoin and we take it seriously; we are happy to help with recommendations on self-custody solutions.

For full withdrawal information, see How to Withdraw Bitcoin From Fold.

Why do we have a spread vs charge a fee?

When you buy or sell bitcoin through any exchange you may be charged a transaction fee, there may be a spread built into the price, or both. 

Transaction fees are listed explicitly as a percentage of each transaction (ex. 1.5%). Fold+ users are not charged transaction fees for bitcoin buys or sells. 

Spreads represent the difference between the current market price for an asset and the price you can buy or sell that asset for. The spread represents the difference between the highest price that a buyer is willing to pay for an asset (ask price) and the lowest price that a seller is willing to accept (bid price), and spreads change from time to time based on market conditions. 

Fold includes a spread in the price when you buy or sell bitcoin. This allows us to temporarily lock in a price for trade execution while you review the transaction details prior to submitting your transaction. Spreads are built into the exchange rate shown on the price confirmation page (Ex: The “price” of bitcoin may be $100,000 but what you see on your purchase confirmation page may show $100,400. That difference of $400 represents a 0.4% spread.)

We aim to offer competitive, bitcoin-only pricing to give you the most sats per dollar.  You can compare fees, spreads, and total cost of some popular bitcoin exchanges at www.btcpricetool.com.

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