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Conversion fees

Grey Conversion Fees: Currency Swap Fees Explained

Written by Ayomikun

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Grey may apply a fee when you convert between currencies, depending on the currency pair; some conversions are free, while others have a fee. This guide breaks down the different fee groups and lists all supported currency pairs.
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​Conversion Fee Overview

Conversion fees are structured based on the group each currency pair falls into. Each group reflects the type of currencies involved and how the conversion is processed. Below, we’ve outlined all supported currency pairs and their corresponding fee groups, so you can easily see which applies to your transaction.

Swap Group

Currency Pair

Fees

Per transaction (Min)

Per transaction (Max)

Daily

Monthly

Group A

- Stablecoins ↔ USD

- Stablecoins ↔ Stablecoins

- Crypto ↔ Crypto

- Crypto ↔ All Fiat currencies

0%

$1

$10,000

No limits

No limits

Group B

-Stablecoins ↔ USD, EUR, GBP, CAD, JPY
-USD, EUR, GBP, CAD, JPY ↔ Other fiat currencies
-Other fiat currencies ↔ Other fiat currencies

1%

$1

$10,000

No limits

No limits

Group C

-Stablecoins ↔ NGN
-USD, EUR, GBP, JPY ↔ CAD
-USD, EUR, GBP, JPY ↔ EGP

0.5%

$1

$10,000

No limits

No limits

Group D

Stablecoins ↔ Fiat currencies, excluding USD, EUR, GBP, CAD, JPY and NGN

0.5% (minimum $0.30)

$1

$10,000

No limits

No limits

Group E

-USD, EUR, GBP, CAD, JPY ↔ USD, EUR, GBP, CAD, JPY
-NGN ↔ USD, EUR, GBP, CAD, JPY

1% (capped at $6)

$1

$10,000

No limits

No limits

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