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

Safello applies fees when buying, selling, and withdrawing cryptocurrency (a transaction from your cryptocurrency wallet at Safello to an external cryptocurrency wallet).

Fees when buying or selling cryptocurrency

Safellos fees follow a volume-based structure. Your fee is based on an aggregated basis on a rolling 12-month period. The fee is presented to you when placing an order to buy or sell cryptocurrency.

  • The minimum fee is always 35 kr when buying and/or selling.
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  • The minimum amount for buy orders is 350 SEK, orders below this amount will not be processed.
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  • The minimum amount for sell orders is 200 SEK, orders below this amount will not be processed.

Volume

Fee

<150k SEK

5%

150k-250k SEK

4%

250k-500k SEK

3.5%

500k-1M SEK

2.5%

1M-2M SEK

2%

2M-5M SEK

1.5%

>5M SEK

1%

Withdrawal fee

A withdrawal fee (per transaction) will be added when you send cryptocurrency from Safello to an external wallet or exchange. The minimum fees are listed below, but please note that fees may be higher due to high network activity on the blockchain.

0,00025 BTC

0,003 ETH

3 USDC

20 Algo

10 MATIC

1 LINK

1 UNI

The cost for the withdrawal fee is presented to you before processing the transaction and it will be deducted automatically from the 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.


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​Other Fees

An administrative fee of 0,0005 BTC or the cryptocurrency amount 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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