When you use the Iron Services, we may charge you certain fees to use the services. The fees may vary based on how you access the Iron Services but could include Transaction Fees, Bank Rail Fees, and Network Fees.

When you exchange your local currency for a stablecoin, or a stablecoin for your local currency, we will use a 1:1 conversion of the USD-pegged stablecoin to USD (i.e. 1 USDT for $1). If you transact in a currency other than USD, your local currency will be converted to USD using the prevailing mid-market rate provided by our third party provider.

Because the Iron Services are automated, the conversion described above will occur as soon as we receive the asset you sent and any applicable fees will be charged at that time.

We will send you a receipt after processing each of your transactions that will set out the type and value of the assets you send us, the type and value of the assets we send you, and the fees charged for the transaction. If you have questions about your fees, please contact us at https://support.moonpay.com.

Transaction Fee

The Transaction Fee is the fee charged for your use of the services that is a percentage of the total amount of the transaction. The Transaction Fee will be in an amount between 0% and 10% but is typically about 1%.

The Transaction Fee for your use of the Iron Services is shown to you when you open your Iron Account and [is included in the total fee shown on your email receipt. A full breakdown of fees charged is available to you for any transaction by contacting us at https://support.moonpay.com / will also be shown as a line item fee on your email receipt].

Bank Rail Fee

The Bank Rail Fee is a fee charged for each transaction you initiate that involves an external payment to or from a bank and is used to pay the fees Iron is charged by third party banks.

The amount of the Bank Rail Fee is shown to you when you open your Iron Account and [is included in the total fee shown on your email receipt. A full breakdown of fees charged is available to you for any transaction by contacting us at https://support.moonpay.com / will also be shown as a line item fee on your email receipt].

Network Fee

The Network Fee covers the costs associated with the transfer of a crypto asset and may vary depending on a number of factors, such as network congestion and operational costs.

The amount of the Network Fee will be included in the total fee shown on your email receipt. A full breakdown of fees charged is available to you for any transaction by contacting us at https://support.moonpay.com / will also be shown as a line item fee on your email receipt].

Order Finality

Your order will be final when we receive the asset you transfer, either a crypto asset or traditional bank transfer, subject to satisfaction of all AML checks.