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 49 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.
USDC
Trading fee
The trading fee for buying stablecoins is 0.49%. Please note that the minimum fee is 49 SEK.
Auto-Save
Trading fee
For automatic purchases with Auto-Save the fee is 0.49%. Please note that the minimum fee is 49 SEK.
Swapping
Trading fee
A trading fee of 0.99 % 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.
Order book trading
Trading fee
When you place an order via the order book — either a market order or a limit order — the fee is 0.4% for makers (those who place an order that remains in the order book) and 0.6% for takers (those who immediately match an existing order).
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 | 0.00021 BTC |
Ethereum | ERC20 | 0.0045 ETH |
Solana | Solana | 0.05 SOL |
USDC | ERC20 | 14 USDC |
Dogecoin | Dogecoin | 19 DOGE |
Bitcoin Cash | Bitcoin Cash | 0.015 BCH |
Chainlink | ERC20 | 0.79 LINK |
Polygon | ERC20 | 20 MATIC |
Litecoin | Litecoin | 0.08 LTC |
Uniswap | ERC20 | 1.5 UNI |
Maker | ERC20 | 0.005 MKR |
The Graph | ERC20 | 49 GRT |
Algorand | Algorand | 19 ALGO |
Aave | ERC20 | 0.05 AAVE |
The Sandbox | ERC20 | 19 SAND |
Compound | ERC20 | 0.14 COMP |
Fetch.ai | ERC20 | 10 FET |
WOO Network | ERC20 | 39 WOO |
Yearn.finance | ERC20 | 0.0009 YFI |
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
Upon account closure, either at the customer's request or by Safello in accordance with our terms of use, an administrative fee may apply.
At the time of the account closure request, if the balance in the wallet is below the minimum threshold required to place a sell order and empty the account, the entire balance may be used as an administrative fee to complete the account closure.