Fees & rates
Spread
The spread is the gap between the market mid-price and the rate you are actually offered; it is where hidden fees live.
A service advertising “0% fee” with a 1.5% spread is more expensive than one charging a visible 0.5% at mid-price. Compare receive amounts, not fee labels.
On Swap.bz
Swap.bz shows the indicative mid-market rate on pair pages so you can see the spread yourself.
Related terms
Service fee
The service fee is the percentage an exchange keeps for executing the swap, separate from blockchain network fees.
In-rate fee
An in-rate fee is a service margin embedded in the displayed exchange rate rather than shown as a separate percentage.
Mid-market rate
The mid-market rate is the midpoint between the best bid and best ask on major exchanges — the reference price before any spread or fee.
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