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Fees: why a thousand francs do not arrive as a thousand

Between a Swiss account and the cashier lie three places where something is taken off. None of them is hidden, but none of them stands where you would look for it either.

01

Three deductions, three different logics

Not the same kind of fee
1 000 francs on their way into the cashier 1 Account 1 000.00 Francs in the Swiss account.Every stop from here on ispaid for. 2 Exchange 985–992 Bought against francs. Takenoff: the trading fee plus thegap between the buy and sellprice. 3 Own wallet 983–991 Withdrawal to your ownaddress. Taken off: a networkfee set by the network, not bythe amount. 4 Cashier 982–991 Deposit with the operator.What is credited is whatarrives, not what was sent.
A worked example over 1 000 francs. The ranges gather the published tariff steps: the trading fee and the price gap at the exchange, then a network fee that does not move with the amount and therefore hurts twice on small sums. Not a measurement taken on a given day, but a calculation anyone can redo with the tariffs of their own exchange.

At the exchange something is taken off twice and shown once: the trading fee, which is printed, and the gap between the buy and sell price, which is not, because it is not an item but a property of the price. After that comes the network fee, which hangs on the size of the transfer in bytes and not on its value.

%Trading feegrows with the amount
%Price gapgrows with the amount, but is never printed as an item
fixNetwork feestays the same, whether 20 or 2 000 francs

The first two are harmless on small amounts and noticeable on large ones; the third is exactly the other way round. Which is why there is no amount at which everything is cheap.

02

The calculation over a thousand francs

An example, not a measurement

The drawing above works the route of a thousand francs through to the cashier. The ranges gather usual tariff steps and are not a measurement taken on a given day — anyone putting in the tariffs of their own exchange gets a more exact figure and the same structure.

What matters about this calculation more than the final sum: the way back costs the same again. Send a thousand francs in and pull the same sum back out and you pay the price gap twice and the network fee twice, without ever having played. The way back works that through.

03

Why small deposits are dear in proportion

The fixed fee decides
DepositNetwork fee as a shareWhat follows
20 francsdouble-digitA serious part goes on the transfer
100 francsnoticeableStill defensible, but already visible
1 000 francsa footnoteHere the price gap at the exchange counts for more

The shares deliberately carry no percentage: the network fee on the bitcoin main network changes hourly, and a figure written in here would be wrong tomorrow. The order does not change with it.

There are two ways out and both are described on this site: Lightning for bitcoin itself, or a coin with a fixed low network fee as on the USDT page. A third way out would be to deposit more rarely and in larger steps — which is exactly what does not make sense when playing.

04

What the operator contributes

Fixed or passed through

Some cashiers deduct a fixed fee on withdrawal, others the actual network fee. Fixed fees are plannable and too dear when the network is quiet; passed-through ones are always correct and never predictable. The entries say what each set of terms has to say about it — and for several of them there is nothing there, which is also an answer.

What this page says about fees holds for the procedure and not for a particular operator. Which cashier carries which route stands in the cashier overview, and only where the cashier was actually opened.

Rank 1 in the cashier table: Vave6 settlement coins, 10 of 12 points.
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Questions people actually type

Answered from the same records as the page
Why does less arrive than I sent?

Because three deductions lie between the account and the cashier: the trading fee, the price gap at the exchange and the network fee. The first two grow with the amount, the third stays the same.

How high is the network fee on bitcoin?

It hangs on congestion in the network and changes hourly. The only constant is that it does not depend on the amount — which is why small transfers are dear in proportion.

Can the fee be avoided?

Avoided no, made smaller yes: over Lightning or over a coin with a fixed low network fee. Both are described on this site.

Open the cashier — first place in the table