Fees

Two fees on a send. Both published.

Nothing is taken out of the amount you type, there is no spread hidden in a conversion rate, and no charge is introduced later in the flow. Below is the full schedule, then the same arithmetic on a real amount.

Network fee
0.00010000 BTCflat, per send
Platform fee
1.00%of the amount sent
Ledger precision
8 decimalsthe same places bitcoin uses
The schedule

Four rows. Two of them are zero.

Fee schedule for sending, receiving and holding an account
ChargeRateAppliesHow it is set
Network fee0.00010000 BTCEvery sendA flat figure applied to each send, charged on top of the amount. It is a fixed number rather than a live quote read from the mempool, and this page says so instead of implying it tracks anything.
Platform fee1.00%Every sendA percentage of the amount you send, charged on top of it rather than taken out of it. The recipient is credited the full amount you typed. This is the one line here that we keep.
ReceivingNo chargeNeverIncoming movements are credited in full. Nothing is deducted from a payment arriving at your address.
Holding an accountNo chargeNeverNo monthly fee, no inactivity fee, no tier that changes either of the two figures above.
Worked example

Send 0.01 BTC, line by line.

The recipient is credited the amount you typed. The two fees are added to it, and the sum is what leaves your balance. The same figures are shown again on the review screen before you confirm.

A 0.01 BTC send broken into its parts
LineBTCUSD (est.)
Amount to the recipient0.01000000$885
Network fee (flat)0.00010000$9
Platform fee (1.00%)0.00010000$9
Deducted from your balance0.01020000$903

BTC is the authoritative figure. The USD column is an estimate converted at $88,540 per BTC — the configured reference rate, not a live market quote. Balances are held to 8 decimal places, so 0.01020000 BTC is 1,020,000 sats.

What we are not claiming

The network fee is a fixed figure, not an estimate

Sends between two accounts on this system are ledger movements — your balance falls, the recipient's rises, and both rows are written with the fee breakdown attached. Quoting a live figure from the mempool is a different product and it is not built here, so we publish the number we apply rather than dress it up as one that tracks the network.

The platform fee is the line we keep

1% of the amount, charged on top, shown before you confirm and recorded against the movement afterwards. Both figures are read from the same configuration the send endpoint uses, so if a deployment changes one, this page changes with it.

Related: How a send works · Questions people ask first