Buy/sell/convert spread disclosure

Published on Apr 15, 2025Updated on Apr 15, 20252 min read

When you place simple buy, sell, or convert orders, we include a spread in the quoted price. This spread is also factored into the discount rate when converting from one cryptocurrency to another.

The price includes a maximum percentage spread based on the instrument, as shown in the table below:

Instrument

Spread

All pairs

1.00%

Your order will be routed to one or more market makers, which may include an affiliated entity. At the time you receive the quote, the maximum spread— including market maker fees—will not exceed the disclosed amount in the table.

Market volatility and any price movement between the time you receive the quote and the time you initiate the trade may affect the final spread. In certain cases, such as during extreme market conditions, your order may fail, and you will need to submit a new one.