Article Summary
Learn about River's fee structure for bitcoin buys and sells, including tiered fees, zero-fee options, and free conversion limits.
River charges a percentage fee on your bitcoin buy or sell orders, based on the order size.
| One-time Order Size | River Fee |
|---|---|
Up to $1,000,000 |
1.00% |
$1,000,000 to $5,000,000 |
0.70% |
$5,000,000 to $15,000,000 |
0.40% |
$15,000,000+ |
0.25% |
River offers several ways to buy bitcoin with no fees.
Fee-free Options |
River Fee |
|---|---|
Direct deposit. See details below. |
0.00% |
Recurring buys. See details below. |
0.00% |
River will charge a minimum of $0.01 when fees apply.
Recurring Buys
Recurring buys will have zero fees starting seven days after the order is initiated. For a daily or hourly recurring buy, the 8th day and onward will be zero-fee.
For a weekly recurring buy, the second order and onward will be zero-fee. The standard fee shown above will be applied to the initial order of a recurring buy.
Spread
River sets the price for buy and sell orders, which may include a spread. For more information on spread, please see this Help Center article.
Automatic Direct Deposit Conversions
River offers free automatic bitcoin conversions for payroll deposits up to $30,000 per account title per month.
Free automatic bitcoin conversion only applies to payroll deposits that are set to automatically convert to bitcoin. Non-payroll deposits, such as other sources of income, government benefits or tax refunds, do not qualify for free conversions.
After you have reached the $30,000 deposit threshold in a given month, regular River fees apply for additional conversions.
Automatic Bitcoin Sales for Bill Payments and Transfers
When you enable bitcoin sales for bill payments and transfers, this may result in an automatic bitcoin sale to cover a bill or transfer if your available USD balance is insufficient.
Sales for bill payments are fee-free up to $30,000 per account title per month.
After the monthly fee-free limit is reached, standard River fees apply to additional bitcoin sales used for bill payments and transfers.
Please note that selling bitcoin to cover a bill payment may be a taxable event.