Introducing 0.5% fee on Bitwala for all transfers

Introducing 0.5% fee on Bitwala for all transfers

We at Bitwala are constantly working on improving our service. In order to do so we also want to inform our customer what we do, what we are working on and what we plan for the future.

Over the last couple of months we asked our customer for feedback and the main feedback we got is that we should introduce lower fees. We really want to take care for the needs and wishes of our customer.

So we lowered our fees a couple of weeks after the launch, but it was not enough. Again, we did our very best and improved the exchange rate by 2.5%.

In respect to that we decided to lower our fees to 0.5% of the total amount or a minimum of one euro per transaction. From now on Bitwala has the lowest fees and the best price on the market and we are currently working on getting it even lower.

Additionally, because of more liquidity we are now able to transfer withdraws under 1,000 Euro within just a few hours during office hours.

80% of our withdraws already leave our bank account after just a few minutes after we received the Bitcoin.

In addition to that we increased the limit for our fully verified user. From now on you can send up to 50 000 Euro to the SEPA zone.

Pay your first bill

The last thing we want to talk about is you, our customers. We are overwhelmed by the trust and the support of the people out there and we never thought that Bitwala would develop so fast.

Therefore we, as the Bitwala team, want to say a big thank you to all our customers and supporters. Without you small businesses like us would never have the chance to make an impact.


By Thomas J. O’Halloran, photographer

[Public domain], via Wikimedia Commons
By |May 18th, 2015|Announcements|4 Comments


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