CoinLocally Fees

Bitcoin trading

Registering, buying, and selling Bitcoin is completely free.

CoinLocally users who create advertisements are charged a 0.5% Fee for every completed trade.

Bitcoin transaction Fees

Transactions to wallets of other CoinLocally users are free.

Transactions to other Bitcoin wallets are subject to Bitcoin network transaction Fee. The current Fee is visible on the wallet page under the heading Bitcoin Network Fees. The size of the Fee changes depending on the current usage rate of the Bitcoin blockchain, we automatically adjust this Fee based on the current network congestion to make sure your transactions are confirmed as quickly as possible. The transaction Fee is paid from your CoinLocally wallet when you send a transaction.

When sending to CoinLocally wallet, a bitcoin network Fee is deducted from the deposit. The Fee varies on how congested the Bitcoin Network is. If your deposit amount is smaller than the bitcoin deposit Fee, the deposit will not be processed. The current sending Fee is visible on the wallet page under the heading Incoming transactions and Fees.

Other Fees

Custom work, e.g. research of possible external problems, is 200 EUR/hour paid in Bitcoin at the current market rate. Minimum billable amount is 200 EUR.

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