What kinds of transaction fees are there on the platform?
There are no fees on deposits to the Bitspawn platform for Bitcoin (BTC), Ethereum (ETH), or Spawn (SPWN).
Credit card deposits are subject to fees associated with Stripe.
Withdrawals under $1000.00 are subject to a 3% transaction fee.
Withdrawals over $1000.00 are subject to a 1.5% transaction fee.
Conversions are subject to a flat rate of 3% transaction fee.
What is a currency conversion? A currency conversion on the Bitspawn platform is when you deposit with one type of currency and request a withdraw in a different currency than you deposited.
- deposit with credit card and withdraw in Bitcoin
- deposit with Bitcoin and withdraw in USD
- deposit with Ethereum and withdraw in Bitcoin