With Abra, you can buy cryptocurrencies with some of the most competitive rates in the market. Fees may apply in select transaction types, as below:
| What would you like to do? | Fees |
| Fund my wallet | |
| Add funds via a US or PH bank (ACH) |
Free |
| Add funds via Wires (US only) | Abra Wire Program |
| Add funds via an EU bank (SEPA) | Coinify |
| Add funds via US-based AMEX card | 4% |
| Add funds via Visa or MasterCard | Simplex |
| Add funds via teller (Philippines) |
Up to 2% Tambunting 1 branch fees (both deposit and withdrawal) to 1.25%. Tambunting 2, 3 and 4 will lower their branch fees (both deposit and withdrawal) to 1.5%. Other tellers may charge up to 2%, for additional information please contact the teller directly. |
| Add funds via BTC, LTC, BCH, or ETH |
Free Abra does not charge a network fee to receive cryptocurrency from a non-Abra wallet or exchange. That non-Abra wallet or exchange may charge a network fee to send to your Abra wallet, please check with the company regarding their fees. |
| Withdraw from my wallet | |
| Withdraw via US or PH bank |
Free Abra never charges a fee for bank withdrawals. Some banks in the Philippines may charge a small fee for incoming transfers; there is no fee for UnionBank. |
| Withdraw via teller (Philippines) |
Up to 2%
|
| Withdraw BTC, LTC, BCH, or ETH |
Network fee
|
| Withdraw Altcoins | Network fee* |
| Exchange between currencies | |
| An exchange between any 2 currencies | |
| Send funds | |
| Send funds to another Abra wallet |
Free Abra does not charge an Abra fee to 'Send funds' to another Abra wallet, you will still be charged a network fee to withdraw funds from your wallet and send to another Abra wallet. A network fee will not be applied when sending fiat from one Abra wallet to another, only when sending cryptocurrency from one wallet to another. This network fee is required to ensure your transaction is confirmed by the network. Abra does not profit from this fee. |
Altcoins
US USERS: Altcoins (DGB, XRP, NEO, etc) Anytime a withdrawal is done for an altcoin you will be charged a network fee (The network fee will vary depending on that altcoin's network) plus a Bittrex withdrawal fee. Bittrex charges a withdrawal fee. Due to this, the Bittrex fee is passed to you the user.
INTERNATIONAL USERS: Altcoins (DGB, XRP, NEO, etc) Anytime a withdrawal is done for an altcoin you will be charged a bitcoin network fee plus a Bittrex withdrawal fee. As we do not natively support our altcoins for international users at this time, they are still synthetic within the Abra app. When a withdraw is initiated for an altcoin the underlying currency is still bitcoin, thus you will be charged the bitcoin network fee. In the background, Abra is using Bittrex to exchange BTC for the altcoin you are withdrawing. Bittrex charges a withdrawal fee. Due to this, the Bittrex fee is passed to you the user.
There will be no transaction fees for exchanging between currencies, although Abra will make money on the exchange spread.
Comments
2 comments
Hello,
what is the fee in case i add/withdraw money using bank account ?
Thanks for answer.
Hi Jota:
Abra does not charge a fee to add or withdraw funds using your bank account. Many banks do, however, charge their own fees for incoming or outgoing transfers. Please check with your bank to see if this will apply to your bank account.
I've updated the article above to make this clearer. Thank you.
Liz
Article is closed for comments.