Opening an account with Mode is completely free. We only charge fair and transparent fees when you buy, sell or withdraw Bitcoin:
- Depositing (adding) Sterling or Bitcoin: FREE
- Withdrawing Sterling: FREE
- Sending Bitcoin to other Mode users using the send function: FREE
- Withdrawing (sending) Bitcoin: Blockchain Fee (0.0005BTC)
- Buying Bitcoin using your Sterling (£) balance: 0.99% trading fee
- Selling Bitcoin: 0.99% trading fee
Fibermode (trading as Mode) are authorised and registered by the FCA as a Cryptoasset firm (FCA 928786). Bitcoin is not regulated in the UK. The value of Bitcoin can go up or down (or can drop to zero), and there can be a substantial risk that you lose money. No FSCS/FOS protection. Capital gains may be subject to CGT. 18+ UK residents only. KYC is required.