Transaction fees are calculated based on the value of the trade and whether the transaction is domestic or international.
For larger transactions, a percentage-based fee applies. For smaller transactions, a minimum fee is charged instead.
Understanding this calculation helps you anticipate the cost of a trade before you commit to it.
Percentage-Based Fees
For transactions valued at $75 USD or more, the following transaction fees apply to both the buyer and the seller:
1.6% of the transaction value for domestic transactions.
3.45% of the transaction value for international transactions.
Minimum Fees
For transactions valued at less than $75 USD, the percentage fee is replaced by a minimum transaction fee.
The minimum fees are:
$1.60 USD for domestic transactions.
$2.50 USD for international transactions.
These minimum fees apply to both the buyer and the seller.
Important Notes
Transaction fees are charged separately to both the buyer and the seller.
A transaction is considered domestic when the buyer uses an AUD payment card and the seller receives payouts to an AUD bank account. Otherwise, the transaction may be treated as international.
All applicable fees are displayed before you confirm a trade.
The monthly USD $5.00 compliance fee, where applicable, is separate from the transaction fees described in this article.