At Beaver Bitcoin we take pride in having a low and transparent fee of 1.5%. This fee applies to instant buys via Interac etransfer, recurring buys and large buys. When you buy bitcoin with Beaver there are no additional fees or hidden spreads, and we cover the Bitcoin network fee.
In addition, our real-time Bitcoin price is displayed on our Bitcoin price page. The price you receive when buying bitcoin is determined using this real-time price, at the time we receive your funds.
To understand our 1.5% fee, here is an example:
From a $200 bitcoin purchase with Beaver, $3.00 is our fee, and $197 will go towards buying Bitcoin.
We believe transparency is important when it comes to fees and pricing bitcoin. Unfortunately, many platforms do not engage in similarly straight forward practices. If you are considering buying bitcoin in Canada, the post below may help you better navigate the ways different platforms communicate their pricing and fees.
Understanding fees and pricing across different Bitcoin platforms in Canada