Although we don't charge any commission on Crypto transactions, there is a 0.3% markup applied to the Crypto transaction.

When you submit an order to buy or sell cryptocurrency using the Raseed app, that order is sent to Alpaca Crypto for execution and Alpaca Crypto holds your crypto.

Alpaca Crypto charges a 0.3% markup to pay for their service, which is reflected in the price at which Alpaca Crypto executes your order to buy or sell cryptocurrency. The markup covers all the costs associated with facilitating crypto transactions and storing crypto, and Raseed receives some of the revenue generated in exchange for licensing our software to Alpaca Crypto.

Here’s how it works:

- Say the current market price for cryptocurrency XYZ is $100*.
- You purchase $100 worth of XYZ.
- Applying a 0.3% markup, Alpaca Crypto executes your order for XYZ at a price of $100.3.
- You will own slightly less than 1 full XYZ given the markup.

*Please note the price in the chart is the market price, which excludes the spread

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