The crypto-to-fiat conversion fee is the cost charged by a platform to convert cryptocurrencies such as USDC, USDT or SOL into local currency (BRL) for payment or withdrawal. In Brazil, these fees range from 0.1% to 8%, depending on the platform type and the flow used. Understanding the composition of these fees is essential for choosing the most economical option.
Types of fees in crypto to BRL conversion
Spread
The spread is the difference between the buy price and the sell price of an asset. On exchanges, the spread can range from 0.1% to 2%, depending on the pair's liquidity. On dedicated off-ramps, the spread is usually embedded in the single fee charged. The lower the asset's liquidity, the higher the spread tends to be.
Fixed fee (percentage)
This is the percentage charged on the transaction value. At PagFinance the percentage depends on the asset: 1% on payments made with BRLP and 2% with other crypto, with a floor of R$ 1.20 for PIX and R$ 2.50 for boleto. There are no volume tiers and no different rate per verification level, and B2B partners integrating through the API get a negotiated rate. On exchanges, the trade fee ranges from 0.1% (Binance) to 0.7% (Mercado Bitcoin), but does not include other costs such as withdrawal and gas.
Network fee (gas fee)
This is the cost of the transaction on the blockchain. It varies by network: Solana charges a fraction of a cent, while Ethereum can cost tens of reais during congestion periods. At PagFinance, the gas fee is already included in the total value shown before confirmation.
Withdrawal fee
Charged by exchanges to send BRL to the user's bank. On Binance, PIX withdrawal costs R$ 3 to R$ 10 depending on the amount. On Mercado Bitcoin, there is a fixed withdrawal fee. On dedicated off-ramps like PagFinance, there is no separate withdrawal fee - the payment goes directly to the recipient.
Minimum fee
Minimum amount charged per transaction, regardless of percentage. At PagFinance, the minimum floor is R$ 1.20 for PIX and R$ 2.50 for boleto. For very low-value transactions, the minimum fee may represent a higher percentage than the nominal rate: below R$ 60.00 on PIX the floor rules, not the percentage.
Fee comparison table by platform
| Platform | Visible fee | Hidden costs | Estimated real cost |
|---|---|---|---|
| PagFinance | 2% | Gas fee (included) | 2% above R$ 60.00 |
| Kamoney | 3-5% | - | ~3-5% |
| Binance | 0.1% trade | Withdrawal R$ 3-10 + gas + time | ~1-3% (depends on amount) |
| Mercado Bitcoin | 0.3-0.7% | Withdrawal + spread | ~1-3% |
Real cost vs visible fee
An exchange's visible fee - like Binance's 0.1% or Mercado Bitcoin's 0.3% - doesn't tell the whole story. To convert crypto into a Brazilian payment (PIX or boleto), the exchange flow involves:
1. Deposit crypto on the exchange (gas fee from source network) 2. Sell the asset for BRL (trade fee + spread) 3. Wait for settlement 4. Request withdrawal to bank account (withdrawal fee) 5. Wait for withdrawal processing (D+0 to D+1)
Adding all these costs, a R$ 500 transaction on Binance can cost between R$ 5 and R$ 15 in total (1% to 3%), depending on the deposit network and withdrawal amount. On PagFinance, the same transaction would cost R$ 10.00 (2%), with instant PIX processing.
For smaller amounts, the difference is even more pronounced. A R$ 50 transaction on Binance would have a fixed withdrawal cost representing more than 6% of the value, while on PagFinance the cost would be the R$ 1.20 floor. Below R$ 60.00 on PIX the floor is worth more than the percentage, and it is what you pay.
PagFinance fee by amount
| Amount (BRL) | PIX fee | Boleto fee | Effective cost (PIX) |
|---|---|---|---|
| R$ 20.00 | R$ 1.20 | R$ 2.50 | 6% |
| R$ 50.00 | R$ 1.20 | R$ 2.50 | 2.4% |
| R$ 100.00 | R$ 2.00 | R$ 2.50 | 2% |
| R$ 500.00 | R$ 10.00 | R$ 10.00 | 2% |
| R$ 1,000.00 | R$ 20.00 | R$ 20.00 | 2% |
| R$ 5,000.00 | R$ 100.00 | R$ 100.00 | 2% |
Table at the standard 2% rate; with BRLP the same amounts pay 1%. The floor is per payment rail: up to R$ 60.00 PIX charges the R$ 1.20 floor; up to R$ 125.00 boleto charges R$ 2.50. Above those amounts the percentage applies.
Frequently asked questions about fees
What is the PagFinance fee?
2% of the transaction value with most crypto and 1% on payments made with BRLP, with a floor of R$ 1.20 for PIX and R$ 2.50 for boleto. The percentage holds for any amount and any user: no volume tiers and no different rate per verification level. B2B partners integrating through the API get a rate negotiated by volume, and the quote shown before confirmation is always what applies.
Is there a network fee (gas fee)?
The network fee is already included in the total amount shown before confirmation. You do not pay gas fee separately.
What is the minimum transaction amount?
The minimum amount is R$ 3. The minimum fee floor is R$ 1.20 for PIX and R$ 2.50 for boleto.
Does the fee change depending on the payment method?
The percentage is the same; the floor is what varies: R$ 1.20 for PIX and R$ 2.50 for boleto, DOC and TED. That is why boleto only matches PIX from R$ 125.00 up.
Does verifying my account reduce the fee?
No. The fee is the same with or without verification. What verification changes are the amount limits you can move, not the price. On small transactions the floor is what weighs: below R$ 60.00 on PIX you pay R$ 1.20, whatever the percentage.
PagFinance volume and transaction data is public and verifiable on Dune Analytics: dune.com/pagcrypto/payments