Fees on Firi's crypto exchange

These are the fees at Firi (NO). To get started with crypto is both secure, easy and affordable.

Log in safely and easily here or in the Firi app to manage your cryptocurrencies.

It is free to deposit Norwegian kroner to a Firi account by bank transfer or Open Banking. A deposit through Vipps, Apple Pay or card requires a fee, which will be added to the total amount of your deposit.

Important! We do not accept credit cards.

How much time does it take to receive the deposit?

Deposits through Vipps, Apple Pay or card will appear in your Firi account in seconds.

Bank deposits made with a payment solution from Neonomics will usually be received within one working day. Most Norwegian banks supports this payment solution, but there are some exceptions. Customers who want to make a deposit from a bank which do not support this payment solution can make a regular bank transfer, or use Vipps or card.

Deposits from a personal bank account via online banking works for all Norwegian banks. Deposits made via online banking will usually arrive at your Firi account within 1-2 working days.

In some cases, bank deposits will have a longer processing time than normal. This may be due to a lack of necessary information about the transaction from the bank, that the transaction must be processed by our customer control department, or other reasons.

You can only make bank deposits from a Norwegian account registered in your name and address. If we receive a payment from another name or with the wrong address, there will be delays and often we will have to return the payment.

We have no guarantee regarding the processing time of bank deposits, but we do our utmost to credit deposits as quickly as possible.

You can easily get started with deposits by signing up here.

Firi takes a fee to complete a trade on the exchange, direct purchases and when you withdraw your local currency to your bank account.

Some actions are limited to a maximum amount within a period

Note that you can only make bank withdrawals to a Norwegian bank account registered in your name and address. Bank withdrawals are processed continuously throughout the day and sent as domestic bank transfer.

How we set the price for crypto trading at Firi

Through Buy and Sell

There are two ways we determine the price for a single trade of cryptocurrency, and that is through a market order and direct trade with Firi. This depends on which crypto you want to trade.

A market order is executed immediately, and at the best price available in the Firi market when you confirm your order. Note that the price may change from when you decide to buy and until you confirm the order. Therefore, the exchange rate is an estimate and may vary by up to 3 percent.

Some cryptocurrencies, such as AVAX, are traded directly with Firi. To set the exchange rate here, we use a global price index. We add a markup of 1-3 percent based on the market situation, volatility, and the amount of crypto being traded at Firi. Part of the markup will be Firi's profit. In addition, the stated trading fee will be charged. The price is locked while the trade is being executed.

Through Advanced Trading

In Advanced Trading on our website, you have the option to place orders where you define the price of the cryptocurrency you want to trade.

Through Crypto Savings

From November 2023, we have made changes to the way savings deposits are exchanged. For new cryptocurrencies, trading will be done through direct purchase at Firi, and existing cryptocurrencies you are already saving in will gradually be rolled over to direct purchase from Firi. This means that your deposits will be exchanged right away.

To set the exchange rate here, we use a global price index. We add a markup of 1-2 percent based on the market situation, volatility, and the amount of crypto being traded at Firi. Part of the markup will be Firi's profit. In addition, the stated trading fee will be charged. The price is locked while the trade is being executed.

You can send, ie withdraw, NOK and cryptocurrency of up to 300 000 NOK in value per 24 hours. Also note the minimum withdrawal limit.

Withdrawals of cryptocurrencies are usually completed as soon as the user confirms the withdrawal. Please note that it can take up to 24 hours for withdrawals of larger amounts, as we have to handle the withdrawal manually for safety reasons.

It is free to make a deposit, ie to receive, cryptocurrency to your Firi account.

Please be aware that in times of heavy network traffic, it may take time to receive bitcoin and litecoin. Unfortunately, this is out of our control.

Recovery of cryptocurrency

Be careful when making cryptocurrency deposits. If a cryptocurrency recovery is needed, Firi may, in certain cases and at its sole discretion, try to assist you with the recovery. We charge a fixed fee of 5000 kroner.

In some countries there are laws or regulations that require reporting of cryptocurrencies to the authorities. Firi does not take responsibility for reporting this to the authorities, the user is responsible for reporting this in their own tax return. Therefore, Firi does not take responsibility if users of Firi receive fines or imprisonment for failing to report this to the authorities.