Cost Comparison for Investors

Broker

Kvarn X

Coinmotion

Safello

Coinbase

Firi

Bitpanda

Cryptocurrency

Bitcoin
(BTC)

Bitcoin
(BTC)

Bitcoin
(BTC)

Bitcoin
(BTC)

Bitcoin
(BTC)

Bitcoin
(BTC)

Currency

EUR

EUR

SEK

EUR

NOK

EUR

Commission %

0.80%

2.00%

3.49%

1.02%

0.70%

0.00%

Spread %

0.04%

0.85%

3.30%

1.99%

1.01%

3.16%

Total Cost %

0.82%

2.43%

5.14%

2.01%

1.20%

1.58%

Investment Amount

500€

500€

5000 kr

500€

5000 kr

500€

Fee

4.10€

12.15€

257 kr

10.05€

60 kr

7.90€

Cost Basis

Commission

Commission
& Spread

Commission
& Spread

Commission
& Spread

Commission
& Spread

Spread

Price Transparency

Headquarter

*This table provides an example of the costs associated with Bitcoin investing through various brokers and platforms in the Nordic region. The comparison excludes cryptocurrency exchanges that trade directly on centralized order books. Costs may vary depending on market conditions, exchange rates, and any price changes made by the broker. The comparison is based on beginner investor costs without volume-based discounts. Cryptocurrency prices are highly volatile, and investing in them involves significant risks. We encourage you to review the broker's current terms and fees before making an investment decision.

Commission: The fee charged by the broker for buying or selling, expressed as a percentage of the trade amount. Spread: The difference between the buy and sell prices set by the broker, typically a hidden cost to the customer. Total Cost: The total cost of a buy order, including the broker fee and half of the spread

Switching really does pay off – what are you waiting for?

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As a Kvarn client, you always benefit from the lowest fees on the market, no matter how much you invest. Start trading with fees from just 0.1%!

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*This table provides an example of the costs associated with Bitcoin investing through various brokers and platforms in the Nordic region. The comparison excludes cryptocurrency exchanges that trade directly on centralized order books. Costs may vary depending on market conditions, exchange rates, and any price changes made by the broker. The comparison is based on beginner investor costs without volume-based discounts. Cryptocurrency prices are highly volatile, and investing in them involves significant risks. We encourage you to review the broker's current terms and fees before making an investment decision.

Commission: The fee charged by the broker for buying or selling, expressed as a percentage of the trade amount. Spread: The difference between the buy and sell prices set by the broker, typically a hidden cost to the customer. Total Cost: The total cost of a buy order, including the broker fee and half of the spread

  • Minimum fee 1 €
  • Account fees 0 €
  • Fiat deposits 0 €
  • Crypto custody fees 0 €
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Kvarn X FEES

Fees as low as 0,1%

Kvarn X fee schedules are built to reward your activity. We provide competitive pricing and low fees from beginners to active traders.

Institutional

0,1%
Trading fee

Trading volume
over 20 000 000 EUR in the previous 90 days.

Professional

0,2%
Trading fee

Trading volume
5 000 001 - 20 000 000 EUR in the previous 90 days.

VIP

0,3%
Trading fee

Trading volume
500 001 - 5 000 000 EUR in the previous 90 days.

Level 1

0,4%
Trading fee

Trading volume
100 001 - 500 000 EUR in the previous 90 days.

Level 2

0,6%
Trading fee

Trading volume
10 001-100 000 EUR in the previous 90 days.

Level 3

0,8%
Trading fee

Trading volume
0-10 000 EUR in the previous 90 days.

Trading volumes include executed orders. Any campaign orders placed without a trading fee are not included in the total trading volume. Learn more about our fee structure here. For the transfer of crypto assets outside the service, we charge a blockchain-specific transfer fee, which is determined by the market situation at the time of transfer.

Important information on risks and returns

The Kvarn X service (“ the Service”) is a crypto brokerage and custody service provided by Kvarn Capital Oy (the “Company”). The Company is a registered virtual currency service provider (VASP) and e-money institution (EMI) within the meaning of the Act and is supervised by the Financial Supervisory Authority (FIN-FSA). All statements made in connection with the marketing of the Service are only forecasts and estimates of future developments and should not be construed as an offer or recommendation to buy or sell any investment, nor is it to be interpreted as a recommendation to undertake any other investment activity. The Service does not constitute investment advice in any respect and no communication from the Company should be construed as investment advice. The information contained in the marketing of the Service is based on sources considered to be reliable, but is not guaranteed to be accurate or complete.

Any opinions or estimates expressed in connection with the marketing of the Service reflect a judgment made as of the date of publication and are subject to change without notice. Investing in crypto assets always involves significant risks and it is possible that the value of your investment may decrease, that you may receive a lower return than you expected or that you may lose your capital altogether. The Company shall not be liable for any financial or other losses or damages that may result from the use or marketing of the Service. Also remember that investing in crypto assets may only be suitable for certain people, so ensure that you understand the risks involved and that it is suitable for you and your financial objectives before making any financial transactions/investments.