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Fees In-Depth

Understanding Wayex Fees: What You Need to Know

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Written by Support
Updated over a week ago

Please read over the guide to find out your fees when using Wayex. The primary fees are outlined below. For a full list, read the Product Disclosure Statement on our website.

Wayex Fees

Other Fees

Crypto Deposit

Zero fee


AUD Deposit

Zero fee



1-2% fee for buying crypto



2-3% fee for selling crypto



2-3% crypto-to-AUD conversion fee when you spend your crypto


Crypto Transfer

$0 AUD fee for crypto transfer to another wallet or exchange

Network/Gas Fees

Crypto Cashout

2-3% crypto-to-AUD conversion fee when you withdraw crypto-to-AUD to your bank account


AUD Cashout

$0 fee for AUD withdrawal to your bank account


Physical Wayex Card

$14.99 AUD (one-time fee)


Digital Wayex Card

Zero fee


ATM Withdrawal

2-3% crypto-to-AUD conversion fee for ATM withdrawals


International Foreign Exchange Fees (charged when any transaction is processed outside of Australia)

0% fees when using the Wayex card overseas


More Information


You can deposit Australian dollars (AUD) from your bank account into Wayex via Pay ID or BSB and Account Number transfer. We do not charge any deposit fees for AUD deposits.

First time AUD deposits can take up to 12-48 hours to arrive in your Wayex wallet. Afterwards, it will be instantaneous via PayID.

You can deposit crypto into Wayex from another wallet or exchange. We do not charge any crypto deposit fees, you only need to cover the network/gas fees associated with the cryptocurrency.

When depositing crypto into the Wayex app, the displayed amount will have the 2-3% crypto-to-AUD transaction fee automatically applied, but the charge hasn't actually been applied yet. This is designed to make it more convenient and let you know exactly how much you have available to spend.

Please ensure you are using the right network and have selected the right cryptocurrency. Double check the address and the format for crypto transfers. For XRP transfer, please use the destination tag provided in your Wayex app


You can buy a variety of coins including two stable coins in USDT and USDC. Please note that you have to deposit funds into your account first before you can buy crypto. Please follow this guide to learn how you can buy crypto.

We take 1-2% fee for buying crypto. You can review the rate before confirming the purchase.


Wayex takes a 2-3 % conversion fee on every card purchase you make with any cryptocurrencies.

We do not take any fees when you spend Australian dollars.

Crypto Transfer

We do not charge any fees when you transfer crypto to another exchange or wallet. You only need to cover the gas/network fees that you can review before sending. Confirm the transaction if you are happy with the associated fees.

Please check the transaction in the blockchain to track the progress of your transfer and be respective of network activity.

AUD Transfer

You can send AUD from your Wayex account to your own bank account via PayID or BSB and Account Number. We do not charge any fees on AUD transfer.

The minimum transfer is $10 AUD and the maximum is $10,000 AUD.

Cash Out

We take a 2-3% conversion fee when you cash out your crypto to AUD into your bank account.

First time cash out can take up to 12-48 hours to arrive in your Wayex wallet. Afterwards, it will be instantaneous.

Card Fee

$14.99 AUD for physical card and card delivery

$0 AUD for digital card

$0 AUD for lost/stolen card replacement

$0 AUD for expired or invalid card

ATM Withdrawal

Zero fees from Wayex when withdrawing funds from an ATM. You only have to the cover the fees associated with using the ATM.

If you are withdrawing crypto to AUD, there is a 2-3 % conversion fee attached.

International Foreign Exchange Fees

Zero foreign exchange fees, simply deposit your Wayex card with funds and spend overseas at any merchant that accepts Visa.

You can also withdraw funds from an ATM with zero fees from Wayex!

We hope you found this guide helpful!


If you have any questions, feedback, or if you run into any issues, then feel free to contact us in the live-chat within the app or website! Our support team is available 24/7.

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