When you submit an order to buy or sell cryptocurrency on your Bakkt Crypto account using the Public app, that order is sent to Bakkt Crypto for execution.
Bakkt Crypto charges a transparent fee per trade according to the value of the
order, as shown in the below table:
Minimum Order Amount ($) | Maximum Order Amount ($) | Max Transaction Fee |
$0.01 | $10.00 | $0.49 |
$10.01 | $25.00 | $0.69 |
$25.01 | $50.00 | $1.19 |
$50.01 | $100.00 | $1.69 |
$100.01 | $250.00 | $3.29 |
$250.01 | $500.00 | $6.29 |
$500.01 | Unlimited | 1.25% of order amount |
Trades that occur through a recurring investment plan also receive the lowest
rate of 1.25% of the value of the order.
Examples:
● Member order to buy $75 BTC will be charged $1.69 as a transaction fee
● Member order to sell $2,500 BTC will be charged $31.25 as a transaction
fee (1.25% * $2,500)
● Member has a weekly recurring BTC $25 purchase will be charged $0.31
as a transaction fee for each weekly purchase (1.25% * $25)
If you ever have questions, you can reach Member Support through the chat in the app or at support@public.com.
To trade cryptocurrency via the Public mobile app or website, you must first open an account with Bakkt Crypto. All cryptocurrency account, trading, and custody services are provided to you by Bakkt Crypto.
Cryptocurrency services are provided by Bakkt Crypto Solutions, LLC (NMLS ID 1890144) through a software licensing agreement between Bakkt Crypto Solutions, LLC (“Bakkt”) and Public Crypto, LLC. Bakkt is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not FDIC or SIPC insured. Bakkt Crypto Solutions, LLC is licensed to engage in virtual currency business activity and money transmission by the New York State Department of Financial Services. Please ensure that you fully understand the risks involved before trading. See here for Bakkt licenses and disclosures.