3% Payment Fee + Bitcoin Transaction Fee
0.25% Payment Fee + Bitcoin Transaction Fee
Bitcoin exchange rate using Coinify Best Price 1
Conversion Rates applied to every payment your customers make.
Current obtainable rate which incurs a processing fee.
Bitcoin exchange rate using Coinify Best Price 1 which incurs a processing fee for merchant's customer
0% Payment Processing Fee 2 + Bank Transaction Fee 3
Risk and Processing Fee + Bitcoin Transaction Fee
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Coinify works with several leading BTC exchanges in order to provide the best spot price to our customers. We use VWAP calculation which is a real time calculated USD-equivalent spot rate for bitcoin. The value is continuously calculated using an algorithm based on observed trading activity on several leading bitcoin exchanges. Exchanges with greater liquidity receive a higher weighting in the price calculation mitigating the impact of volume spikes during off-peak trading hours.
If the currency for a payment is different than the account currency of the merchant account, a small conversion margin applies.