- Getting Started
- Update my information
- Account and Trading Security
- Security of my funds
- Change my password
- What are inactivity fees?
- What is buying power?
- How to close my Hapi account?
- How to transfer stocks from another broker to Hapi?
- What happens to my assets in case I die?
- How does Hapi Fully Paid Securities Lending Program work?
- Documents and Taxes
Investing in Hapi
- Do I own my shares?
- How to buy a stock?
- How to sell a stock?
- What are Exchange Traded Funds (ETFs)?
- What are Fractional Shares?
- What types of orders can I find in Hapi?
- How do I Cancel a pending Order?
- ¿Qué es un Clearing House Fee?
- What is trade settlement?
- Where can I find my dividends?
- What's an IPO?
- What happens to my stocks if they get delisted from the stock market?
- Holidays in the Stock Market 2023
- Day trading
- Cash Account Violations
- Referral program
- Hapi Learning
Cryptocurrency trading commissions
When you trade crypto using the Hapi app, your order is being sent to Bakkt Crypto for execution. Your cryptos are held at Bakkt Crypto.
Bakkt Crypto charges 1% markup to pay for their service. This markup is reflected in the price at which Apex Crypto executes your order to buy or sell. All costs associated with facilitating the transaction of crypto and its custody are covered by the markup. Hapi licenses his software to Apex Crypto for the trading of cryptocurrencies and receives some revenues in exchange.
Here you can find an example of how the pricing of cryptocurrencies work:
Is a markup a commission?
A commission is the service fee charged by a brokerage firm to execute and handle your desired purchase or sale of a security. Hapi does not charge any commission on securities trades. Now cryptocurrencies are not securities and your trades of crypto are done through Bakkt Crypto who charges a mark up for each transaction.
Do you have a question? Hapi team is always available for you, email us at email@example.com we are here to help you! 😁