Stockpile does not charge commissions for the purchase or sale of cryptocurrencies. However, crypto trading with Stockpile is powered through our partnership with Apex Crypto, and a 100 basis point (1%) spread is charged by APEX Crypto on crypto trades. That covers the costs associated with facilitating transactions and storing crypto, which is commonplace wherever crypto is traded. This will be reflected in the execution price when Apex Crypto executes the buy or sell order.
Here’s how it works:
The market price for your desired cryptocurrency is $100.
You purchase $100 worth of the cryptocurrency.
With a 1% spread, Apex Crypto executes your order for the cryptocurrency at a price of $101.
Got questions? Our team is available on the app’s Live Chat, or you can click or tap on the help icon in the lower right-hand corner of this screen to connect with Customer Care support.