How we make money.
The financial service industry isn’t famous for its transparency. We think it’s time for that to change. We always want to align our financial success with the best interests of our customers. That’s why we don’t accept Payment for Order Flow (PFOF). We want to make sure our customers fully understand what services we offer—and what they cost. So here’s the breakdown:
PFOF-free.
Cryptonow is PFOF-free. That means we won’t route orders to market centers only because they’ll pay us a fee. We always want to remain impartial.
| Column A | Column B |
|---|---|
| Payment for Order Flow (PFOF) or Rebates | CHF 0.00 |
Physical Vouchers.
Cryptonow® gift cards distributed through the official retail network have transparent transaction fees. Due to the complex product placement, distribution, and retail-based logistics structure, we need to apply higher fees. We do not impose hidden spreads or additional costs.
| Column A | Column B |
|---|---|
| Commissions or Execution Fees | 9.7% |
| Cryptonow Voucher Activation Fee | CHF 1.00 |
| Transaction Fees from Cryptonow | CHF 0.00 |
| Transfer to Decentralized Cryptonow Wallet | CHF 0.00 |
Digital Gift Card.
Digital Cryptonow® gift cards are distributed across Europe through our online partner network. Here again, a transparent transaction structure is important to us. Due to less complex logistics and processing systems, we can apply lower fees compared to physical vouchers. There are no hidden spreads or additional costs for digital gift cards, either.
| Column A | Column B |
|---|---|
| Commission and Order Execution Fees | 9.7% |
| Activation fee for the voucher | CHF 1.00 |
| Transaction fees of Cryptonow | CHF 0.00 |
| Transfer to decentralized Cryptonow Wallet | CHF 0.00 |
We don’t charge for the following transfers and services:
We know some customers may require additional services from time to time. That’s why we also offer the following transfers and services free of charge.
| Column A | Column B |
|---|---|
| Sending proof of transaction via SMS | CHF 0.00 |
| Provision of Cryptonow online services and tools | CHF 0.00 |
| Phone consultation and support | CHF 0.00 |
Cryptonow and its partners may, at their discretion and for any reason, permanently or temporarily adjust all or part of these fees. This is not an offer or solicitation to buy or sell cryptocurrencies, investments, or other products. Processing and service fees assessed by third parties may be separately charged.
Effective since 08/01/2023