What kinds of transaction fees are there on the platform?

Deposits:

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:

Withdrawals under $1000.00 are subject to a 3% transaction fee. 

Withdrawals over $1000.00 are subject to a 1.5% transaction fee. 

Currency Conversion

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. 

For example: 

  • deposit with credit card and withdraw in Bitcoin
  • deposit with Bitcoin and withdraw in USD
  • deposit with Ethereum and withdraw in Bitcoin

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