SoFi will charge a markup of up to 1.25% on crypto transactions.
Buy - When you purchase crypto, you will receive 98.75% of the purchase in crypto and 1.25% will be the markup
- Example: Buy $100 USD worth of a crypto coin - 1.25% mark-up = $98.75 of crypto coin
Sell - When you sell crypto, you will receive 98.75% of the proceeds in dollars and 1.25% will be the markdown
- Example: Sell $100 USD worth of a crypto coin - 1.25% mark-down = $98.75 USD
Please note, SoFi may change the crypto markup amount at any time and will ensure that the amount listed here is accurate.