Breakdown of fees using Apple Pay, debit card, or credit card
In effort to be fully transparent with our users, we've created this article to explain the fees charged through Wyre Checkout.
When making a purchase, you will see a breakdown of the rate and fees charged before confirming your order.
Exchange Rate
The exchange rate we display is the current rate we offer at the time of your purchase or sell order. Wyre pulls rates from multiple exchanges in real time to determine the rate offered.
Wyre Fee
Wyre charges a standard transaction fee for currency exchanges. This is the only fee associated with Wyre, there are no other hidden fees. The fees are calculated as follows:
🇺🇸 Domestic US
Apple Pay, Debit Card, Credit Card:
$5 minimum fee or 2.9% + 30c, whichever is greater
🌎 International
Apple Pay, Debit Card, Credit Card: $5 minimum fee or 5.4% + 30c, whichever is greater
Network Fee
To ensure that transactions are processed on the blockchain network, outgoing transfers sent to external wallet addresses are charged a "mining" or "network" fee. This fee is paid directly to the miners, Wyre does not profit from sending or receiving any of our supported cryptocurrencies.