Fiat to Crypto Converter
Calculate exactly how much cryptocurrency you will receive after exchange fees when buying with Fiat (USD).
Enter fiat amount and crypto price to see your exact return.
When you spend $1,000 buying Bitcoin, you do not get $1,000 of Bitcoin. The exchange takes its cut first, and the coins you receive are calculated on what remains. This tool shows you the actual amount landing in your wallet, and the real price you paid per coin.
Where your money goes
The fee comes off before the conversion, not after. You send $1,000 to the exchange. At a 0.1% fee, $1 goes to them and $999 buys coins. At $50,000 per Bitcoin, you receive 0.01998 BTC — not the 0.02 BTC the headline price suggests. The interesting number is the effective price. You spent $1,000 for 0.01998 BTC, so you actually paid $50,050 per coin, not $50,000. The fee has quietly shifted your entry price upward. That gap is small at 0.1%. It is not small on a card purchase at 3.99%, where your effective price is over 4% above market before the coin has moved at all.
The formula
Fee Amount = Fiat × Fee%
Usable Fiat = Fiat − Fee Amount
Crypto Received = Usable Fiat ÷ Crypto Price
Effective Price = Fiat ÷ Crypto Received
Example: $1,000, 0.1% fee, BTC at $50,000
Received = $999 ÷ 50,000 = 0.01998 BTC
Effective = $1,000 ÷ 0.01998 = $50,050The effective price is what actually matters for your break-even. It is always higher than the market price you saw, and the difference is exactly the fee.
Buying crypto cheaper
- 1Never use the 'Buy Crypto' or 'Simple' button on an exchange. That interface charges 1–4%. Deposit fiat, go to the spot market, and place a limit order instead — usually 0.1% or less. Same coins, ten times cheaper.
- 2Card purchases are the most expensive route that exists. 3–5% is normal. On a $5,000 buy that is $250 gone — enough to matter over a few purchases.
- 3Bank transfer deposits are usually free or near-free. They take a day or two. That day costs you nothing; the card fee costs you real money.
- 4Limit orders are cheaper than market orders on nearly every exchange, because you are providing liquidity rather than taking it. Placing a limit order slightly below market often fills within minutes.
- 5Watch the spread on low-liquidity pairs, not just the fee. A 0.1% fee on a pair with a 2% spread is the wrong thing to be optimising.
Frequently asked questions
Why do I get less crypto than the price suggests?
The fee comes out first. The market price applies to what is left over after the exchange takes its cut. On a $1,000 purchase with a 0.1% fee, only $999 is actually converting.
What is a normal exchange fee?
On spot markets: 0.1% is standard at Binance, Bybit, OKX, and Kraken for regular users. On card purchases: 3–5%. On the 'simple buy' interfaces: 1–2%. The difference between those routes is enormous and entirely within your control.
What is the effective price and why does it matter?
It is what you truly paid per coin once fees are included. It is your real break-even. If the market price was $50,000 but your effective price is $50,050, the price must rise above $50,050 for you to be in profit — not above $50,000.
Does this include network withdrawal fees?
No. This covers the trading fee only. If you withdraw to a private wallet, the exchange charges a separate network fee — often a flat amount regardless of size. Withdrawing $50 of Bitcoin can cost several dollars; withdrawing $50,000 costs the same.
How do I reduce fees?
Use the spot market instead of the simple buy interface, use limit orders instead of market orders, deposit by bank transfer instead of card, and check if holding the exchange's token gives you a discount. Those four changes typically cut your cost by 90% or more.