Introducing Plynk Crypto

Learn then trade all on one app with Plynk Crypto™. We’ve partnered with Paxos Trust Co. to bring you a simplified trading experience.

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  • Start with as little as $1
  • Simplified trade experience
  • Learn crypto basics with tips and how-tos

Build your crypto knowledge

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  • Riding the crypto ups & downs

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  • Crypto basics

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  • What is Bitcoin?

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  • What is Bitcoin Cash?

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Plynk Crypto FAQs

What is cryptocurrency?

In general, cryptocurrency—crypto for short—is digital currency that can be transferred from person to person without using a third party, like a bank.

Who is eligible to trade crypto?

Any user who already has a brokerage account in the Plynk app can apply for a crypto account offered by Paxos. Paxos may choose to approve or deny your crypto account.

Unfortunately, if you have been notified by the IRS that you are subject to backup withholding, you are not eligible to open a crypto account with Paxos.

Who is Paxos?

Plynk has partnered with a licensed company called Paxos Trust Co. (“Paxos” for short), to offer crypto trading in the app. Paxos performs all crypto-related trades in the Plynk app and serves as your “custodian” for all crypto assets.

If you choose to open a crypto account in the Plynk app, you agree to let Plynk provide your information to Paxos to create an account in your name. You will be required to sign Paxos' Customer Terms and Conditions.

Paxos is a registered Money Service Business and New York Limited Trust Company, (NMLS #1766787).

Are there any fees on crypto trades?

Yes. For each crypto trade $100 or under, there is a minimum fee of $0.50. For each crypto trade above $100, there’s a 0.5% fee.

Crypto fees are added to the amount of your crypto trade. For example, if you buy $10 worth of crypto, the total amount you’d pay would be $10.50 with fees. If you buy $200 worth of crypto, the total amount you’d pay would be $201.00 with fees.

There are no added spreads, markups, or custody fees.

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