What fees are charged in Anchor app?

Zero Fees, $0!

No fees to deposit or withdraw USD via bank transfers.

We support seamless bank deposits up to $25,000. 

No fees to deposit or withdraw cryptocurrencies.

When you withdraw cryptocurrencies, the amount received by the destination wallet may be net cryptocurrency network transaction fees (e.g. miner's fees). These fees are not charged by Anchor, but rather by the cryptocurrency miners or validators that secure the cryptocurrency networks.

No fees to buy or sell cryptocurrencies.

When you trade, we assess a margin (or “spread”) between the mid-market exchange rate, and the rate that we are able to offer to you. This spread is determined by price volatility across U.S. exchanges, and covers our execution costs to fill your order, including exchange fees, and costs dependent on liquidity depth and slippage. The exact proceeds of your purchase or sale will be previewed for you on the order screen, before you execute the transaction.