Here you will find a breakdown of the costs and fees related to the deposit or withdrawal of assets on the ICONOMI platform and minimum transaction amounts:
Deposit Fees (per transaction) and minimum amounts
Money transfer — Fiat (EUR, GBP)
- via BANK account (SEPA, SEPA instant, and UK bank transfers): No fee (minimum deposit amount 10 EUR)
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via INSTANT transfer (ICEPAY integrated payment methods: iDEAL, Giropay, Bancontact):
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- iDEAL: 0.5% (minimum deposit amount 100 EUR)
- Giropay: 2,5% (minimum deposit amount 1000 EUR)
- Bancontact: 0,5% (minimum deposit amount 1000 EUR)
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- via CARD - Visa, Mastercard: 3% (minimum deposit amount 10 EUR)
- SWIFT: not supported at the moment.
Crypto transfer — Cryptocurrencies
- No fee (no minimum deposit amount)
Withdrawal fees (per transaction) and minimum amounts
Money transfer — Fiat (EUR, GBP)
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via BANK account
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- SEPA, SEPA instant: 0,5 - 1,5 EUR. The fee depends on the selected option during the withdrawal process (minimum withdrawal amount 10 EUR)
- FPS - Faster Payment System in the UK: 1,0 - 1,8 GBP (minimum withdrawal amount 10 GBP)
- CHAPS - Clearing House Automated Payment System in the UK: 20 GBP (minimum withdrawal amount 10 GBP)
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- via INSTANT transfer (iDEAL, Giropay, Bancontact): see SEPA, SEPA instant above
- via CARD - Visa, Mastercard: 3% (minimum withdrawal amount 10 EUR)
- SWIFT: not supported at the moment
Crypto transfer — Cryptocurrencies
- Bitcoin (BTC): 0.0005 BTC (minimum withdraw amount 0.002 BTC)
- Ether (ETH): 0.005 ETH (minimum withdraw amount 0.04 ETH)
- USD Coin (USDC): 10 USDC (minimum withdraw amount 40 USDC)
- Tether (USDT): 10 USDT (minimum withdraw amount 40 USDT)
- TerraClassicUSD (USTC): 1,2% of the withdrawal amount (minimum withdraw amount 2 USTC)
- Luna Classic (LUNC): 1,2% of the withdrawal amount (minimum withdraw amount 4 LUNC)
Note: Blockchain transaction costs - a cryptocurrency withdrawal transaction fee is necessary to have your transaction processed on the blockchain. This fee goes to cryptocurrency miners, not ICONOMI, as an incentive to secure the network and include your transaction on the blockchain. On top of costs/fees, you see on the blockchain the amounts above also include costs of moving assets from cold to hot wallets, etc.
Note: Please find information about maximum deposit limits here.
Note: For more information, please read our articles on ICONOMI fees or visit Fees disclosure page.
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