When you buy or sell cryptocurrency with Wealthsimple you’ll see a simple price spread. It’s simple because it’s all-in-one pricing — there are no extra fees on top of that. And we never charge fees for deposits or withdrawals.
The spread includes the cost to our custodian, Gemini Inc., the liquidity providers, and the operational overhead. For illustrative purposes, if you place an order to buy $100 of bitcoin and the trading spread is 150bps, you will pay $1.50 for the transaction.
When you’re submitting an order, you can view the estimated spread on your order but please note, that this might differ slightly from your actual fill price due to market fluctuations in the cryptocurrencies’ price and other factors that might impact what our partner is offering for a rate at that time.
You can view the full breakdown of our fees in the Fee Schedule for crypto trading accounts.
Can I view historical prices?
You will have access to historical pricing information and performance graphs and data for crypto-assets trading within the Wealthsimple app.