Service fees and pricing

General fees for customer accounts

 

Opening fee 0,00 €
Account management fee 0,00 €
Annual fee 0,00 €
Trading fee 1-2%

 

Trading fee is a percentual commission of each actualized buy- and sell order. The commission is taken from the amount traded, and is always charged in euros.

 
As the customer’s volume increases, the commission decreases according to the volume discount table shown below. Volume means the sum of made and actualized buy and sell orders.  

 

Volume discounts

 
Commission % 90 days volume
1,8 > 500,00 €
1,6 > 2000,00 €
1,4 > 10 000,00 €
1,2 > 50 000,00 €
1 > 250 000,00 €

 

The discounted commission is on the left, whereas the volume needed to obtain it is demonstrated on the right. Example: 1,8% commission requires a volume of more than 500€ during the last 90 days. 

 

 

Withdrawing euros from customer account to bank account

 

0,90 € / withdrawal

Vault service 1,00 € / month (charged from the virtual currency stored in the vault)
Cryptocurrency transfers inside Coinmotion 0,00€
Cryptocurrency transfers out from Coinmotion 0,00€ + Transfer fee*

 

*Transfer fee is a fee essential to cyrptocurrency transfers, which is paid directly to the miners that maintain the blockchain. Example: The current transfer fee for bitcoin in Coinmotion is 0.0002BTC. The fee varies according to the cryptocurrency and the market situation.

 

 

 

 

Additional fees

 
Clearing a deposit without deposit information 10,00 €
Clearing changed contact information by Prasos​ ​ 10,00 €
Delivering terms of agreement, service fees and  other information to customers via post 10,00 €

Redirecting a cryptocurrency transfer when the transfer has been made to an incorrect address.

Examples: BCH transfer to BTC address. XLM transfer without Memo ID.

500,00 €
Management fee for aborted orders 9,90% p.a. (based on managed days when the order has been aborted for over 90 days.)

 

Invoice Payment Service (within SEPA)

SEPA payments per invoice

Payment is an executed invoice counted in euros in the euro payment zone

 

Account number of receiver is in IBAN form, and

BIC/SWIFT code of receiver’s bank is in payment details

0,90 € / transfer
SEPA payments per invoice if payment information is incomplete

 

30,00 € / transfer

 

 

Money Transfer Service (within SEPA)

Money transfer between Coinmotion customers per transfer

 

0,00 €

Money transfers out of Coinmotion (SEPA) per transfer

Payment is an executed transfer counted in euros in the euro payment zone

 

Account number of receiver is in IBAN form, and

BIC/SWIFT code of receiver’s bank is in payment details

0,90 € /transfer
Money transfers out of Coinmotion per transfer if payment information is incomplete

 

30,00 € / transfer