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Home Blog platform fees and limits
Article by Yunis
5 June 2022 (Updated 12 June 2024)

Differen platforms have different fee structure! Exchange fees, loan origination fees, deposit and withdrawal fees

This article is an ultimate guide to deciding which crypto savings and loan platform you will trust for your crypto assets.
Fees and charges on platforms explained
  • Celsius has zero-fee policy
  • No exchange commission doesn't mean zero charge!
  • Fees and limits can be found on platforms' website.
  • Your bank may charge you when sending fiat currency

Don’t get confused with different fees, charges, and limits. Before deciding which crypto savings and loan platform you want to use, read our article about sign up and referral bonuses. Trying different apps and platforms on hand is a smart way to make a decision.

Another critical point is comparing the platforms by their fees and limits. Most crypto savings and loan companies also offer some exchange services. Most of them don’t charge an exchange fee, but it is not that simple. Some companies have a wider spread between buying and selling prices, and this is how they make money.

Opening an account on different platforms is a smart way. You can open an account, receive some sign-up bonuses, and get familiar with the platform’s app’s user interface. Then you can decide where to go. Fees and charges by different platforms are listed in this article.

Deposit Fees: some platforms charge a certain amount or a percentage when you deposit funds into your account. Even though a platform doesn’t charge a deposit fee, you may still have to pay network gas fees or Visa, MasterCard, or Bank fees for fiat currencies, depending on the relation between the platform and the regulated financial institutions.

Withdrawal Fees: You may have to pay a fee when you withdraw funds from your account. Since the sender pays the network gas fee on a blockchain, platforms tend to charge gas fees from customers, especially on the Ethereum network, because of expensive transactions.

Loan Origination Fee: Also known as Borrowing Fee or Instalment Fee, is a fee that you pay one time during the loan initiation.


Nexo doesn’t charge any fee when you deposit fiat currency or cryptocurrency. When you send cryptocurrency, you will pay for network gas fee. There is no origination, prepayment, or instalment fee when you take a loan on the Nexo platform. Nexo has no hidden fees.


CoinLoan doesn’t charge any fee on deposits. You only pay the gas fee for the network you use. CoinLoan accepts both fiat currency and cryptocurrency deposits. If you deposit funds by using Visa or Mastercard, there is a fee of 2 Euro + 4.2% of the deposit amount.

The origination fee depends on the option selected. The origination fee is 1% on the currency of the loan and 0.5% on the CLT token, which is the platform’s native token.

Click the link below for details;

CoinLoan Platform Fees


BlockFi has no deposit fee but has a withdrawal fee. There is a 2% origination fee on loans. Click the link below to see withdrawal fees. BlockFi uses the spread method trades on its exchanges instead of charging a commission. The spread between buy and sell price might be up to 1.5% difference.

You can find details about BlockFi fees by clicking the link below;

BlockFi Platform Fees


Crypto deposits are free, but there is a fee on fiat currency deposits, depending on the method. You can use bank wire or bank cards. There is a withdrawal fee both on fiat currency and cryptocurrency withdrawals. YouHodler has a more detailed fee structure. It is better to check their website before making any transaction. For details, you can click the link below;

YouHodler Platform Fees


Ledn has a simple fee structure and doesn’t charge any fee on cryptocurrency and fiat currency deposits, but you may still pay some fees to your bank while sending fiat currency to the platform. The origination fee is $25 or 2% of the loan amount (whichever is greater) on loans.


Celsius stands out with a zero-fee policy and doesn’t charge any deposit or withdrawal fee. There is no origination fee. Celsius also has a very inviting sign up bonus for the first deposits.

Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at
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