How much does Palremit charge?
Palremit charges transaction fees for services such as sending crypto to other third-party exchanges (fees depend on the blockchain network you use) and purchasing a virtual dollar card.
Getting a dollar card on Palremit costs $2 and we charge 2% on your card funding fees (minimum of $0.50). Our terms also require you to maintain a minimum card balance of $3 on your dollar card. You can learn more about our cards here.
Other services like exchanging currencies and withdrawing to a local bank account currently come at no cost to you.
However, we earn money from spreads when you exchange currencies or perform other foreign exchange-related transactions.
- The platform reserves the right to change these transaction fees in the future, but users will be given 30 days prior notice of any fee changes.
- Compared to other platforms, Palremit users can save over 6% in rate fees when funding their Palremit dollar card.
- Palremit’s virtual cards charge at least 5% less in rate markup compared to other providers.
- The platform aims to provide competitive exchange rates and low fees for international money transfers and payments.
Palremit offers competitive exchange rates and lower fees.