This site is dedicated to uncovering the true costs of buying Bitcoin across various exchanges, providing you with detailed insights enabling you to find the most economical choice for your purchases.
When you buy Bitcoin, there are two main types of fees to consider:
The transaction fee is what the exchange charges you to complete your purchase. This is often a percentage of the total transaction amount and can vary with the size of your trade. It's essentially the exchange's way of getting paid for facilitating your Bitcoin transaction.
The spread is the difference between the price at which you can buy Bitcoin (ask price) and the price at which you can sell it (bid price). Exchanges and liquidity providers use the spread as an additional way to make money.
While the spread is a less visible cost compared to direct transaction fees, this website aims to demystify these expenses. We'll help you see these costs clearly so you can compare them effectively across different platforms.
Please note: The "spread" indicated on our website is calculated as the difference between the Bitcoin selling price and the midpoint between the bid and ask prices.