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.
Specific crypto trade fees can be found on our website here and is also available in the trade widget itself.
If any fees are added in the future, they will be displayed in your trade details.
Note: When sending or receiving an international bank transfer, please be aware of intermediary bank fees. You can read more about intermediary bank fees here.
Limits for buying
The minimum Buy amount on Coinify Trade service is €60 for credit card payments and €125 for bank transfers.
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.
Your limit will reset one hour after your trade is finished if it is used entirely or in part by a trade.
Additionally, for trades above €50,000, we have a person to assist you with completing an OTC trade with attractive rates. The maximum limit here depends only on the existing liquidity of the specific cryptocurrency. To get started, just complete the form that appears on our Trade Widget, and a sales representative will get in touch with you to help and guide you through the entire process.
Limits for selling
Our current minimum amount for selling is the equivalent of €125. The Maximum limit for selling cryptocurrency is €25,000. Your limit will reset one hour after your trade is finished, whether it has been used entirely or in part by trade.
For Cryptocurrency sell trades equivalent to €50,000 and above, there is the option of personal assistance with Coinify+ OTC Concierge Service.
NOTE: For USD currency, our minimum sell trade limit is 500 USD.