Fees
At Coinify we want to be fully transparent with you. And that is why you will always be able to see the fees Coinify charges when you create a trade. Because we work with different partners, fees can vary across their platforms. The best way to find out what you're going to pay in fees is by creating a trade and reviewing its details.
Our current fees include:
- a handling fee: covers the costs for completing the trade
- a network fee: covers the cost of sending you cryptocurrency
- a partner fee: covers the costs incurred by the partner.
If any fees are added in the future, they will be displayed in your trade's details.
Limits for buying
Across our own and our partners' platforms, we usually support individual transactions up to €50,000 (or equivalent in other currencies) depending on the payment method and individual risk assessment of traders.
Typically, your starting limits for paying by card are currently at a maximum of €1,000 per purchase. For trades paid for with a bank transfer, your starting limits are at a maximum of €50,000 per purchase. Both of these limits can be increased based on trading activity and/or provision of Proof of Source of Funds as per our AML requirements.
If your limit is fully or partially used by a trade, it will reset 1 hour after your trade has been completed.
Limits for selling
Our current minimum amount for selling is the equivalent of €125 in Bitcoin. The Maximum limits for selling cryptocurrency are €25,000. If your limit is fully or partially used by trade, it will reset 1 hour after your trade has been completed.
NOTE: For USD currency our minimum sell trade limit is 500 USD.