Peanut Pricing
Most actions on Peanut are free — no deposit fees, no payment fees, no withdrawal fees.
Most actions on Peanut are free. There are no deposit fees, no fees for QR payments or Pix transfers, no withdrawal fees, and no monthly charges. The main cost advantage is the exchange rate — Peanut gives you the cripto dolar rate, which is approximately 5-8% better than the MEP rate used by credit cards and services like Wise (estimate, as of 2026 — rates fluctuate). Many cards also charge 3-20% above mid-market on top of that; Peanut does not.
This page covers the full fee schedule, how the exchange rate works, transaction limits, and a comparison with major alternatives. Information is current as of February 2026.
Fee Schedule
Every operation on Peanut is free. Here is the complete breakdown:
| Action | Fee | Notes |
|---|---|---|
| Deposit (digital dollars) | Free | Gas fees covered by Peanut |
| Deposit (SEPA bank transfer) | Free | Your bank may charge for the transfer |
| Deposit (ACH bank transfer) | Free | Your bank may charge for the transfer |
| Deposit (Wire transfer) | Free | Your bank may charge $25-$80+ for outgoing wires |
| Mercado Pago QR payment | Free | Converts at the cripto dolar rate |
| Pix payment | Free | Converts at the cripto dolar rate |
| Cash ATM withdrawal | Free | ATM operator may charge a small network fee |
| Bank withdrawal (SEPA) | Free | |
| Bank withdrawal (ACH) | Free | |
| Send to wallet | Free | Gas fees covered by Peanut |
| Create a Peanut Link | Free | |
| Claim a Peanut Link | Free | All claim methods (Peanut account, SEPA, ACH) |
| Create a Peanut Request | Free | |
| Contribute to a Peanut Request | Free | All contribution methods |
| Monthly account fee | None | |
| Minimum balance | None | |
| Account closure | Free |
"Free" means Peanut charges nothing. Third parties (ATM operators, your bank for wire transfers) may charge their own fees.
Exchange Rate
Peanut uses the cripto dolar rate — a direct digital dollar-to-local-currency conversion that bypasses regulated exchange rates. The rate locks at the moment of payment. The amount shown on the confirmation screen is exactly what gets charged. No slippage, no post-transaction adjustments.
How It Works
Credit cards and banks in Argentina convert through the MEP rate (regulated), which means your digital dollars go through an extra conversion step: digital dollars to USD to ARS. Peanut skips that step and converts digital dollars to ARS directly at the market rate. The result is approximately 5-8% more pesos per dollar (estimate, as of 2026 — rates fluctuate with market conditions).
In Brazil, moving money into or out of the country triggers the Tax on Financial Operations (IOF) — 0.38% on inbound transfers and up to 3.5% on most outbound transfers. Peanut's digital dollar flow is not subject to IOF, saving you up to 3.5% on outbound transfers alone.
Rate Advantage by Corridor
| Corridor | Rate Advantage | Compared To |
|---|---|---|
| USD to ARS | ~5-8% better (estimate, 2026) | MEP rate (used by Wise, credit cards) |
| EUR to ARS | ~5-10% better (estimate, 2026) | Credit cards and bank exchanges using MEP |
| USD to BRL | Up to 3.5% savings | Traditional transfers subject to IOF tax |
| EUR to BRL | Up to 3.5% savings | Traditional transfers subject to IOF tax |
Savings Examples
Argentina
| Scenario | Typical Credit Card Cost | Peanut Cost | You Save |
|---|---|---|---|
| $50 dinner | ~$59 | ~$50 | ~$9 |
| $500 tourist week | $543-$667 | $500 | $43-$167 |
| $2,000/month digital nomad | $2,170-$2,500 | $2,000 | $170-$500/month |
| $24,000/year | $26,040-$27,432 | $24,000 | $2,040-$3,432/year |
Brazil
Savings come primarily from IOF savings (up to 3.5% outbound, 0.38% inbound).
| Scenario | Traditional Cost (with IOF) | Peanut Cost | You Save |
|---|---|---|---|
| $1,000 outbound transfer | ~$1,035 | ~$1,008 | ~$27 |
| $5,000 outbound transfer | ~$5,175 | ~$5,040 | ~$135 |
| $2,000/month sending home | ~$2,070/month | ~$2,016/month |
Limits
Transaction limits depend on your region, not a global tier:
| Region | Limit | Notes |
|---|---|---|
| US, Europe & Mexico | No hard limit | Transactions above $100,000 are reviewed manually |
| Argentina, Brazil & rest of LATAM | $2,000 USD per month | Combined across deposits, withdrawals, and QR payments. Resets monthly. Can be increased with additional documentation. |
| QR payments (foreign users) | $2,000 per transaction | For users without local verification |
| Digital dollar transactions | No limits | Send and receive freely |
| ATM withdrawals | Set by ATM operator | Not limited by Peanut |
Other Limits
| Limit | Amount |
|---|---|
| Minimum withdrawal | $1 |
| Minimum balance | None |
| Minimum deposit | None |
Need higher limits? Contact support or submit additional documentation.
How Peanut Compares
Here is how Peanut stacks up against the major alternatives as of February 2026:
| Peanut | Wise | PayPal | Western Union | |
|---|---|---|---|---|
| Transfer fee | Free | 0.4-1.5% | 3-4% | $5-15+ |
| Exchange rate | Cripto dolar (~5-8% better than MEP, estimate 2026) | Mid-market + markup (MEP equivalent) | Unfavorable markup (3-20%) | Fixed spread (5-10%) |
| Mercado Pago QR | Yes | No | No | No |
| Pix payments | Yes | No | No | No |
| Speed | Instant (local payments) | 1-2 business days | 1-3 business days | Hours to days |
| Local ID required | No | N/A (bank transfer only) | No (PayPal account needed) | No (physical pickup) |
| Monthly fee | None | None | None | N/A |
Full comparison: Peanut vs Wise | Full comparison: Peanut vs PayPal | Full comparison: Peanut vs Western Union
FAQ
Disclaimer
The information on this page is for general informational purposes only and does not constitute tax, legal, or financial advice. Tax treatment of digital asset transactions varies by jurisdiction and may change. Consult a qualified professional for advice specific to your situation.
All fee and rate comparisons are based on publicly available information as of February 2026 and are example estimates only. Competitor pricing, exchange rates, and features may change. Actual savings depend on the amount, corridor, timing, and market conditions. Check each provider's current pricing for the most up-to-date information.
