What fees does River charge?
River makes money through fees when you buy or sell bitcoin. We charge a percentage-based fee depending on your order size.
Order Size | River Fee |
|---|---|
Less than $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 or more | 0.25% |
Recurring buys | 0.00% |
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. For more information on recurring orders, you can read this Help Center article.
Spread
River sets the price for buy and sell orders, and it may include a spread. For more information on spread, you can read this Help Center article.
Direct Deposit
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.