Zengo is a self-custodial wallet for cryptocurrency that is free to use. However, you will have to pay a fee when you buy, sell, or trade cryptocurrency. These fees include Network fees (not paid to Zengo) Exchange fees Service fees (paid only to the providers). Zengo does not apply any hidden fees or markups on the exchange rate. The fee amount may vary depending on the payment method, currency, and operator. Before you confirm your payment, Zengo provides you with a clear breakdown of all applicable fees. Note: Zengo service fee is only applicable to Zengo Pro users. Below is a breakdown of the fees associated with buying Bitcoin using the Zengo wallet. Payment Method Provider Spread Processing Fee Gateway Fee Local Currency Conversion Fee Network Fee Minimum Bank Transfer Banxa 1.99% – 2.29% Included in spread 0% No Yes 50 USD/EUR or equivalent Bank Transfer Banxa 2.9% Included in spread 0% No Yes 100 USD Bank Transfer Moonpay 1.5% – 3.0% 1.99% (with a min. €3.99/£3.99/$3.99 or currency equivalent) 0% Yes (for non-USD/CAD/AUD/EUR/GBP currencies) Yes 30 USD/EUR/GBP Credit/Debit Card, Apple/Google Pay Banxa 3.75% Included in spread 1.99% No Yes 50 USD/EUR or equivalent Credit/Debit Card, Apple/Google Pay Moonpay 1.5% – 3.0% 4.0% (with a min. €3.99/£3.99/$3.99 or currency equivalent) 1.99% Yes (for non-USD/CAD/AUD/EUR/GBP currencies) Yes 30 USD (approx.) Please note: Zengo fees may vary by country. For specifics, visit the Zengo Fees webpage