Does River charge a spread?

River sets the price for all buy and sell orders on its platform, and a quoted buy-price or sell-price will typically include a spread. The spread is a small difference between the mid-market price and the price at which you buy Bitcoin from River (or sell Bitcoin to River). This allows us to lock in the price for your order, protecting you and us from market fluctuations that may occur while the order processes.

In the industry, spreads can range from 0.2% to 1% of the transaction amount, depending on the exchange you’re using and market conditions. River’s spread typically falls at the lower end of that range.

River’s goal is to be fully transparent with our pricing, so you always know exactly what you are paying for.