How much does it cost to open an account with Bitwage?
Opening an account with Bitwage is completely free! You can sign up and explore our services without any charges.
Are there any cost differences between standard and premium accounts?
Yes, premium accounts at Bitwage often come with additional benefits that can affect the costs compared to a standard account. To learn about the premium benefits, you can check out the following link.
What are the fees to use Bitwage services?
Local currency payouts:
-1% on all payouts to bank accounts except if subscribed to premium
-non-US users receiving USD are still charged 1% regardless of premium status.
Flat fees:
ARS, PHP: $1 except if subscribed to premium
CAD: C$1 except if subscribed to premium
COP, IDR: $2 except if subscribed to premium
UYU, BOB: $3 except if subscribed to premium
INR: $1.30 except if subscribed to premium
Stablecoin payouts:
| Token | Network | Variable fee | Flat fee (Standard) | Flat fee (with Premium) |
| USDT** | Ethereum | 3% | $4 | None |
| USDT** | Polygon | 3% | None | None |
| USDT** | Tron | 3% | $6 | None |
| USDC* | Ethereum | 2% | $15 | None |
| USDC* | Stellar | 2% | None | None |
| DAI** | Ethereum | 2% | $5 | None |
* USDC is not available to US users
** DAI and USDT outputs could experience slippage and are not always exchanged at 1 to 1 USD. Use USDC or CUSD to avoid slippage.Cryptocurrency payouts:
The cost of cryptocurrency received using Bitwage is Spread-Based. No fixed fee is charged. Please refer to https://support.bitwage.com/bitwage-exchange-rate-spreads to know what is spread applied to your salary.
Business Payroll Funding:
Funding Payroll with Wire: no fees
Funding Payroll with ACH Credit: no fees
Funding Payroll with ACH Debit: 0.50% + 0.50 USD per payroll
Funding Payrolls with Credit Card: 3.50% + .30 USD per payroll
Premium Subscriptions:
Business Premium: $7.99/mo per worker
Premium for Individuals: $15.99/mo
Incoming Wire fee
For individuals getting paid from external payers: $20 USD except if subscribed to premium
Sending funds incorrectly may result in longer processing times and extra fees regardless of subscription status.