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What are Safello's fees?
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Written by Safello
Updated over a week ago

Safello applies a trading fee to execute buy, sell and swap orders on behalf of its customers. In addition, Safello applies a withdrawal fee for on-chain transactions when clients wish to withdraw cryptocurrency.

Please note Safellos’ minimum amounts:

  • The minimum amount for buy orders is 350 SEK

  • The minimum amount for sell orders is 200 SEK

Fees when buying or selling cryptocurrency

Trading fee

Safello’s trading fees follow a volume-based structure. Your trading fee is based on your trading volume on an aggregated basis on a rolling 12-month period as set forth below.

Volume

Fee

<150 kSEK

3.49 %

150k-250 kSEK

2.99 %

250k-500 kSEK

2.49 %

500k-1000 kSEK

1.99 %

1M-2 MSEK

0.99 %

2M-5 MSEK

0.49 %

>5 MSEK

0.19 %

The minimum trading fee is always 35 SEK for buy and sell orders.

When placing a buy or sell order, the applicable trading fee and the estimated exchange rate is presented to you when you enter the amount in SEK that you wish to buy cryptocurrency for, or the amount in cryptocurrency that you wish to sell. The exchange rate includes a spread, and the final exchange rate at which your transaction is actually carried out is not determined until the transaction is executed with Safello’s liquidity providers. Read more about which exchange rate you get here https://help.safello.com/en/articles/166813-which-exchange-rate-will-i-get.

Swapping

Trading fee

A trading fee of 0.49 % of the transaction amount is applied when swapping one cryptocurrency for another.

When placing a swap order, the applicable trading fee and the estimated exchange rate is presented to you when you enter the amount in cryptocurrency that you wish to swap. The final exchange rate at which your transaction is actually carried out is not determined until the transaction is executed with Safello’s liquidity providers. Read more about which exchange rate you get here https://help.safello.com/en/articles/166813-which-exchange-rate-will-i-get.

Withdrawal fee

A withdrawal fee (per transaction) applies for on-chain transactions (an on-chain transaction is a withdrawal from your cryptocurrency wallet at Safello to an external cryptocurrency wallet).

Asset

Network

Fee

Bitcoin

Bitcoin

0,00025 BTC

Ethereum

ERC20

0,003 ETH

Solana

Solana

0,01 SOL

USDC

ERC20

3 USDC

Dogecoin

Dogecoin

4 DOGE

Bitcoin Cash

Bitcoin Cash

0.00025 BCH

Chainlink

ERC20

1 LINK

Polygon

ERC20

10 MATIC

Litecoin

Litecoin

0.0001 LTC

Uniswap

ERC20

1 UNI

Maker

ERC20

0.005 MKR

The Graph

ERC20

37 GRT

Algorand

Algorand

20 ALGO

Aave

ERC20

0.2 AAVE

The Sandbox

ERC20

15 SAND

Compound

ERC20

0.14 COMP

The withdrawal fee is presented to you when initiating the transaction and it will be deducted automatically from the transferred amount. A transaction on the blockchain is irreversible, which means that you approve the withdrawal fee when you approve the withdrawal. Please check the fee before proceeding with the transaction.

Other fees

An administrative fee of 0,0005 BTC, or the equivalent amount in the relevant cryptocurrency that is stored at the moment of termination, applies if the account is terminated by you as a customer or by Safello in accordance with our terms of use.

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