Deposit and Withdrawal Fees
On BuyCoins, there are two ways of topping up your Naira Account. You can top up via a Paystack deposit or via a transfer to your BuyCoins Naira Account.
- Paystack Deposit: For deposits with your bank account or debit card via Paystack, you are charged a payment processing fee. This fee is 4% of the total amount to be paid + ₦50 with a maximum of ₦2050. This means that all payments worth ₦50,000 and above will have a Payment Processing fee of ₦2050.
- Transfer to Naira Account: Transfers to your BuyCoins Naira Acount is free. This is like a regular bank transfer. To get your BuyCoins Naira Account number, kindly go to the "Bank Accounts & Cards" settings.
You only get charged a withdrawal fee when you're withdrawing from your BuyCoins Naira Account to your bank account. This fee ₦50
What else should I know?
The payment processing fee is never refunded. The fees are used up to accept your payments via card or directly from your bank account.
Please send us an email at [email protected] if you have further questions.