What are Meso’s fees?
On-ramp transfer fee: 1.5%
What are Meso's transfer limits?
Limit Type | Limit Amount | Time Period |
First 21-days | 2,500 USD | Your transfer limit is restricted after signing up. You will automatically move to the $10,000 limit 21 days after your first transfer. |
30-day | $10,000 USD | Rolling 30 days from the time of the last transfer |
Per Transfer | $10,000 USD | No time period. No single transfer can be above this amount. |
Minimum Transfer | $25 USD | No time period. No single transfer can be below this amount. |
Can I raise my limits?
Not at this time.
However, product improvements are in progress that will allow for a limit increase for certain users.
What happens when I hit my limit?
You will be unable to complete a transfer.
Why does Meso have to charge a fee?
Meso bridges the gap between the fiat and crypto ecosystems. Moving money from your bank account, acquiring crypto, and securely transferring that to your wallet requires numerous vendor partnerships, and we must build and manage complex infrastructure. We are also obliged to comply with all federal and state regulations governing the movement of money and the use of payments systems such as the Automated Clearing House (ACH) and the card networks.
The Meso fee primarily allows us to cover the cost of building and managing this system and the vendor and banking costs imposed with every transfer. It also provides coverage for the sad reality that there exists a fraud risk with every transfer that may result in Meso never being reimbursed for the crypto acquired and transferred on the user's behalf.
Meso is committed, however, to continuing to look for ways to reduce our fees as much as possible.
What is the Network/Blockchain fee?
See this article: https://cointelegraph.com/explained/transaction-fees-explained