In this article:
Understand provider fees, why they’re added to crypto swaps, and how they’re different from gas fees. These fees are set by external platforms, not by Best Wallet.
What are provider fees?
Provider fees are small charges added by third-party platforms that facilitate crypto swaps in Best Wallet. These platforms are seamlessly integrated into the app, and help find and execute the best swap routes between different tokens.
When you make a swap in Best Wallet, your transaction is routed through one of these external providers. In return, the provider occasionally charges a fee for delivering the swap — this is the provider fee.
These fees are set and received by the third-party platforms themselves, not by Best Wallet. They may vary depending on the provider used, the tokens being swapped, and current market conditions.
Why do I have to pay provider fees?
Provider fees help support the infrastructure that powers crypto swaps. These fees go directly to the third-party protocols that search for the best prices, execute the swaps, and help ensure your trade goes through smoothly and efficiently.
Like gas fees help pay blockchain validators, provider fees reward platforms enabling real-time swapping between cryptocurrencies.
Do all swaps include a provider fee?
No, not all swaps have a provider fee. Most swaps will not have any provider fees. However, on occasion, cross-chain swaps may have a small provider fee due to the complexity of the swap and the requirement to use a specialized third-party provider.
The amount of the fee is usually small, but it can vary depending on things like:
The network and tokens involved
Market demand and liquidity
The route used for the swap
You’ll always see the estimated provider fee before confirming your swap in Best Wallet.
Who sets the provider fee?
Provider fees are determined entirely by the third-party platforms that process the swap. These are typically decentralised liquidity aggregators and protocols like 0x, 1inch, or similar systems.
Best Wallet doesn’t set or receive these fees — our role is simply to connect you to the best available swap route and display the fee transparently.
How are provider fees different from gas fees?
It’s easy to confuse provider fees and gas fees, but they are different:
Fee Type | What it's for | Who receives it |
Gas Fee | Paid to process a transaction on a blockchain | Blockchain validators or miners |
Provider Fee | Paid to the integrated platform that facilitates the swap | Third-party swap provider |
In most cases, you’ll pay just a gas fee — only occasionally will you have to pay a small provider fee when making a swap.
Can I avoid provider fees?
Not entirely. Because swaps are powered by third-party providers, if your swap is showing a provider fee, it normally means it's required and is commonplace across different exchanges and wallets. However, Best Wallet works to ensure these fees are fair, transparent, and competitive.
You can reduce overall costs by:
Swapping during times of low network demand (to reduce gas fees)
Using tokens with strong liquidity
Exploring swaps on different networks like BNB Smart Chain or Base Chain
Need further support?
If you’re unsure about a provider fee or think something looks incorrect, please contact the Best Wallet support team via [email protected] or open a ticket on our Support site.
Important Reminder: No one from Best Wallet will ever request your wallet’s private key. Keep this information strictly private and do not share it with anyone.