Exchange Fees
When you buy or sell bitcoin on AmberApp, a 0.99% exchange fee is applied to your transaction. This fee is calculated as a percentage of your order size. For example, if you purchase $100 worth of bitcoin, a fee of $0.99 will be applied.
For larger transactions, over-the-counter (OTC) rates may be available, offering potential cost savings based on market and order volume.
Exchange Rate
The bitcoin price you see when placing a buy or sell order on AmberApp is the price at the time you initiate the transaction. This rate is based on the bid and ask prices provided by AmberApp's third-party service providers, plus a margin. Before confirming your order, be sure to review the displayed price to ensure it meets your expectations. Additionally, during Bitcoin withdrawals, prices may fluctuate, causing the value in your local currency (e.g., AUD) to vary between initiation and completion of the transfer. AmberApp does not charge withdrawal fees for Bitcoin amounts exceeding 210,000 sats, allowing users to retain the full amount withdrawn. However, network fees may still apply based on blockchain demand, which are outside Amber's control.