Fees

What are your fees?

Here are how our fees are currently broken down by feature:

1. Buy Instantly

Each time you purchase bitcoin with instant settlement, there is a 2% fee added to your requested purchase amount. In order for the bitcoin to settle instantly and be credited to your account, Coinbits advances funds for your purchase. The fee helps cover the cost of acquiring your bitcoin and operating Coinbits.

2. Saving Habits

Each time you purchase bitcoin with Saving Habits, there is a 1% fee added to the recurring purchase amount. This helps cover the cost of acquiring your bitcoin and operating Coinbits.

3. Round-ups

If you have Round Ups active, there is a weekly $1 fee. This helps cover what we must pay our vendors to make Round Ups work, including account linking fees, ACH processing fees, and the cost of acquiring your bitcoin.

Note: You are not charged $1 every time you swipe your credit card or debit card. You are only charged once a week, when we add up your Round Ups and buy bitcoin for you with the total.

4. Send Bitcoin

It is free to send bitcoin off our platform. We encourage you to move your bitcoin to a secure, private wallet that only you control.

4. Cash Out

Each time you Cash Out your bitcoin, your bitcoin is sold for U.S. dollars and the proceeds are sent to your bank account. To use this service, there is no fee.


Updated on:
August 1, 2022