Our goal is to make your investment journey smooth and straightforward. Here is a detailed guide to our fees, including deposits, withdrawals, and comparisons to give you a comprehensive overview.
Deposit and withdrawal fees
Our fee system is designed to be clear and predictable (all fees mentioned are inclusive of GST, ensuring there are no hidden charges):
- For amounts less than or equal to $100: A flat fee of $1.49 applies.
- For amounts more than $100 but less than or equal to $250: A flat fee of $2.49 is charged.
- For amounts more than $250 but less than or equal to $500: A fee of $3.99 is incurred.
- For amounts more than $500: The fee is 0.8% of the transaction amount.
- For all deposits and withdrawals, regardless of the amount, a fee of 0.8% is applied, ensuring transparency and predictability in every transaction.
Fee comparison: bamboo vs. others
To ensure customers can make informed decisions, we've compared our fee structure with other platforms. This comparison assumes all transactions are one-off top-ups and illustrates our competitive positioning in the market.
Spreads & Fees Comparison
This fee is charged for buy and sell transactions.
- Swyftx: Fee at 0.6%
- Coinspot: Fee at 1%
Flexible withdrawals
At bamboo, we understand the importance of flexibility in your financial journey. That's why we've made it incredibly easy for you to access your funds whenever you need them. Please note, a nominal fee of 0.8% applies to withdrawals, ensuring you have the freedom to manage your investments while we maintain the highest service standards.
With just a simple click, you can withdraw funds from the platform without any lock-in periods. Additionally, it's important to consider the inherent volatility of cryptocurrency prices in your investment decisions. Please see our risk disclosure for more details.
