1. How much is the transaction fee for sending via on-chain?
The transaction fee for sending Bitcoin via on-chain is a flat fee of 15,000 satoshis
2. How much is the withdrawal fee to my bank account?
$1 - $20: $0.20 is charged
$21 - $50: $0.50 is charged
$51 - $99: $1 is charged
$100 and above: 1% is charged capped at $5
3. How much is the withdrawal fee to my Mobile Money account?
$1 - $20: $0.20 is charged
$21 - $50: $0.50 is charged
$51 - $99: $1 is charged
$100 and above: 1% is charged capped at $5
4. How much is the transaction fee to buy Bitcoin?
$0 is charged on Bitcoin purchases*
5. How much is the transaction fee for selling Bitcoin?
$0 is charged on Bitcoin sale*
* Bitnob does not charge for Bitcoin sales. $0 is charged for Sell BTC.
However, we apply a Spread of 1.1% from our Buy Price when selling.
6. How much is the transaction fee to receive BTC?
There is no fee attached to receiving BTC.
7. How much is the transaction fee for a savings plan?
1.10% is charged for plan top up or funding
8. What is Bitnob’s exchange rate?
The exchange rate is dependent on the current market price, you can see it displayed on the apps homepage
9. How much is the USD deposit fee?
For Nigerian Naira: There is no added fee asides from the fee added by Paga to make the transaction.
For Kenyan Shilling: There is a 2% charge on all funding transactions that is the network fee.
10. What is the penalty fee for breaking my savings plan?
The penalty fee for breaking your savings before maturity is 3%
11. How much is the transaction fee for sending USDC/USDT?
$1 - $200: $2 is charged
$200 and above: 1% is charged capped at $5