- Single cryptocurrencies (per buy/sell transaction fee)
There is a 0% fee for cryptocurrency conversions (for buy/sell transactions), but a spread is charged.
- BTC/EUR: 0.75%
- ETH/EUR: 0.75%
- BTC/ETH: 0.75%
- USDT/BTC: 0.75%
- USDT/ETH: 0.75%
- All other pairs: 1.5% spread
The actual Spread may be higher due to market fluctuations in the price of cryptocurrencies. An exact quote is provided at the time of conversion.
In addition to the displayed fee, ICONOMI includes a spread in the price/exchange rate when you buy or sell cryptocurrencies. This is due to the volatility of the cryptocurrency market and allows us to temporarily lock in a price for trade execution while you review the transaction details before submitting your order/transaction.
ICONOMI offers a fixed price during the preview step, no matter the market movement. We guarantee the price during the set time, and ICONOMI covers any difference in the price. The user always has the option to accept or decline the offer.
- Crypto Strategies
Note: Crypto Strategy Strategist sets Crypto Strategy fees for individual Crypto Strategy. Anytime Crypto Strategy fees are collected they are split between ICONOMI, the Crypto Strategy Strategist, and the referrer/user according to the Referral program (after VAT).
- On-boarding fee (per add funds to copy the Strategy transaction)
On-boarding fee for the Crypto strategy covers the Strategist's costs for the education and expertise they provide. It is charged to the users/copiers each time they add funds to copy the Strategy.
If you look at the platform, you will see that most of the Crypto Strategies have 0%. Anything above 0% are fees collected and distributed according to the referral program.
* But in case you are adding funds and NOT using either ETH or BTC as a payment method, ICONOMI must first execute trades on the exchanges for you and in that case a spread fee applies.
- Sell/Exit cost (per sell transaction)
Range: 0.5 - 2%**
The 0.50% exit cost is a fee that is returned into the Crypto Strategy to cover the costs of trading (entry and exit of an investor) and is not profit for either ICONOMI or its Strategists. It is charged to the users/copiers each time they remove funds from copying the Strategy.
Anything above 0.50% exit cost are fees collected and distributed according to the referral program. Exit costs can vary depending on the liquidity of the Strategy and currency chosen. An exact quote is provided during the selling process.
** But in case you are NOT selling into either ETH or BTC, or if the Strategy does not have a sufficient amount of ETH or BTC in the structure, ICONOMI must first execute trades on the exchanges for you and in that case also a spread fee applies.
Check individual Crypto Strategy fees here by clicking on the selected Crypto Strategy.
Note: Please find information on other ICONOMI fees here.